BEIJING, June 5, 2007 (PRIME NEWSWIRE) -- i-level Media Group Inc. (OTCBB:ILVL) announced the official opening of its branch office in Beijing today, marking the Company's first major step in extending its presence beyond the city of Shanghai.
Beijing is China's second largest media market in addition to being an especially hot market in the short term due to the upcoming 2008 Olympic Summer Games. The Company's new Beijing office will enable it to more easily market its digital media network to the many major advertisers and global brands whose China operations are headquartered there. The i-level office is located in the city's central business district of Chaoyang, providing for easy access to all prospective clients in the city.
"With over 60,000 taxis currently in service in this city, and the 2008 Olympics coming very soon, Beijing is an ideal market for our media," noted i-level's President and CEO, Aidan Sullivan. "We intend to establish a significant presence here in time to capture a portion of the massive ad spend that is expected around the period of the Olympics next year."
In addition to opening a local office, the Company has already begun negotiations with local taxi operators in Beijing and is intent on launching its in-taxi digital media platform -- the i-level Mobile Media Network -- in the capitol within the coming months. i-level's management expects to conduct trial testing of its advertising display units ("ADUs") with local taxi companies beginning in the summer this year, followed closely by the installation of at least 1000 ADUs per month starting in the fall.
"The Company is looking forward to commencing full operations in Beijing, to bringing our unique new media solution to one of China's most important markets, and to replicating the success we are already seeing with our network in Shanghai," concluded Mr. Sullivan.
Contact information for the Company's office in Beijing can be obtained by visiting i-level's website at www.i-levelmedia.com.
About i-level: i-level Media Group Inc. (www.i-levelmedia.com) is an emerging media company delivering powerful digital media solutions for out-of-home advertising in China. The company owns and operates one of the largest digital in-taxi advertising networks in existence and also licenses its technology and expertise to third parties seeking mobile digital media solutions. i-level's proprietary technological platform, consisting of high-quality LCD displays mounted inside the passenger compartments of taxis, provides a consistent, reliable and high-impact channel for reaching consumers on the go. Through exclusive distribution agreements with China's leading taxi operators, i-level puts advertisers' messages in front of a highly sought-after audience, in a captive and intimate setting.
This press release contains forward-looking statements which are statements that are not historical facts and are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in such. Although we believe the expectations reflected in our statements are reasonable, results may vary, and we cannot guarantee future results, levels of activity, performance or achievements. This news release has been prepared by management of the Company, who takes full responsibility for its contents. No regulatory authorities either reviewed or approved or disapproved of the contents of this news release. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.