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HONG KONG, June 05 /Xinhua-PRNewswire-FirstCall/
-- China Digital Media Corporation (OTC Bulletin Board: CDGT) announced
today its subsidiary, Arcotect (Guangzhou) Ltd., expects to benefit
from the recent decision by Guangdong Support Center of Digital
Home Service & Technologies (''Guangdong Support Center'') to
select Nanhai, as a model city to implement a trial to bring digital
technology to homes (the ''Digital Home Project'') in Guangdong
Province. The Company is providing migration services within the
city.
At a conference organized by Guangdong Support Center,
the Company demonstrated various valued-added services on its IP-based
STB such as music on demand, provision of real-time stock market
information and sending short messages to officials and regional
cable TV companies. The Company received many interests and enquiries
from the audiences.
''We are so excited that Nanhai was selected for
the provision of Digital Home Project throughout the City,'' said
Daniel Ng, Chairman and CEO of China Digital Media Corporation.
''Over the past two years, we have been providing digital TV services
in this area, which I believe will give us a competitive edge to
become one of the leading digital TV services providers in a city-wide
migration project. Digital home service will further give us opportunities
to offer more value added services to consumers in Nanhai, and could
serve as a model for such business in other cities in China.''
Guangdong Support Center of Digital Home Service
& Technologies is formed by Development and Reform Commission
of Guangdong Province, Department of Science and Technology of Guangdong
Province, Administration of Ratio, Film and Television of Guangdong
Province and other related officials and departments to lead the
Digital Home Project in Guangdong Province.
The purpose of Digital Home Project is to integrate
various resources in broadcasting and communication providing community
services to people through a digital TV broadcasting platform, which
includes such services as social securities, social affairs information
and communications, public announcements, home entertainment, etc.
According to an implementation schedule, a small
scale of trial will be carried out in estates in second half of
this year together with refining communication platform, operating
system and middleware design. The full- blown trial will be launched
in a selected district in Nanhai in 2007, which covers about 70,000
households. By the end of the test period, the model will be duplicated
throughout the entire city of Nanhai and other cities in Guangdong
Province.
For more information on the Company, please visit
the Company's website at http://www.chinadigimedia.com
.
To be added to China Digital Media's investor e-mail
list, please send e- mail to our Investors Relations at ir@chinadigimedia.com
.
About China Digital Media Corporation
China Digital Media Corporation focuses its business
in three main areas: Cable TV Operations, Programs Production and
Advertising Sales. Arcotect Technology (GZ) Limited, a wholly owned
subsidiary of CDGT in China, is the sole contractor and operator
of digital television services in Nanhai, a city with 400,000 cable
TV subscribers. As of today, Nanhai's cable television operation
provides 148 television channels which comprises of 48 basic channels
and 100 pay channels. The pay channels are categorized into various
value added packages.
Certain information contained in these materials
is 'forward-looking' information, such as projections, estimates,
pro formas, or statements of intentions, expectations or plans.
Forward-looking information in this release includes, without limitation,
the future success of the Company's advertising business and of
the Company's joint ventures, the Company's ability to grow and
generate new sources of revenues from its IP STB in the future and
its ability to keep its IP STB technologically current. All forward-looking
information is subject to known and unknown risks and uncertainties,
many of which are outside of the control of the company. Consequently,
actual results may, and probably will, differ materially from the
results contemplated in such forward-looking information.
For more information, please contact:
Investor Relations
Tel: +852-2390-8600
or
Ed Lewis of CEOcast, Inc.
Tel: +1-212-732-4300
SOURCE China Digital Media
Corporation
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