VisionChina Media Announces Completion of Digital Media Group Acquisition
Creates China's largest and most comprehensive mobile television advertising network
"The acquisition of Digital Media Group is an important step in VisionChina Media's strategic development," said Mr.
"With Digital Media Group and VisionChina Media's complementary business models and common culture of professionalism and operational excellence, we are confident in a smooth integration process," said Mr.
About VisionChina Media Inc
VisionChina Media Inc. (Nasdaq: VISN) operates an out-of-home advertising network on mass transportation systems, including buses and subways that reaches over 40 million viewers each day in
Safe Harbor Statement
This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in the Company's filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.
For investor and media inquiries, please contact: In China: Mrs. Helen Plummer Investor Relations Officer VisionChina Media Inc. Tel: +86-139-1167-2124 Tel: +1-347-610-3938 Email: [email protected] Mr. Derek Mitchell Ogilvy Financial, Beijing Tel: +86-10-8520-6284 Email: [email protected] In the United States: Ms. Jessica Barist Cohen Ogilvy Financial, New York Tel: +1-646-460-9989 Email: [email protected]
SOURCE VisionChina Media Inc.
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