BEIJING, Aug. 1, 2007 (PRIME NEWSWIRE) -- Greater China Media & Entertainment Corporation (OTCBB:GCME) ('GCME'), an integrated professional media and entertainment company, today announced that its Chinese subsidiary organized Johnson & Johnson's "Family Day" event at the Beijing Fragrant Hill Golden Resources Commerce Hotel in July 2007. Johnson & Johnson is the world's most comprehensive and broadly based manufacturer of health care products, as well as a provider of related services, for the consumer, pharmaceutical, and medical devices and diagnostics markets.
"We are very pleased to have been selected by Johnson & Johnson as its selection underscores our ability to engage multinational corporations conducting business in China while also providing greater legitimacy to our products and services," stated Jake Wei, chairman and CEO of Greater China Media and Entertainment Corporation. "GCME's ability to successfully execute and deliver high quality results on client programs is a key differentiator in the marketplace, one that has previously attracted top performing brands like Microsoft China and now Johnson & Johnson."
In May 2007, GCME announced that its Chinese subsidiary was appointed as an approved public relations vendor to Microsoft China. GCME has successfully arranged conferences, new product press releases and other activities on behalf of Microsoft China.
About Greater China Media & Entertainment Corporation:
Greater China Media & Entertainment Corp. is an integrated professional media and entertainment company, which covers various areas including film and TV program production, management, promotion and distribution. The Company will have its own film and television production center, promotion agency, audio-visual distribution company, digital network company, talent agency, and sales and advertising agency as a result of recent joint ventures. Together the team is capable of making films, TV programs and related projects on a large scale.
In June 2006, the Company signed and closed an Acquisition Agreement with Triumph Research Limited, which is a BVI company and party to a Joint Venture Agreement with Beijing Tangde International Film and Culture Co., Ltd. ("Tangde"), a Chinese company focused on producing TV programming and movies. In September 2006, the Company formed a joint venture with Beijing New-Element Co. Ltd., a promotion and marketing company based in Beijing. The Company's advertising joint venture, Beijing Racemind HuaDing International Marketing Consultants Limited, was approved by the Beijing Administration for Industry in May 2007. The Company also signed an agreement with Beijing Star King Talent Agency, Star Agency, to form a joint venture.
In June 2007, the Company signed a production and distribution deal with Mega Vision Productions Limited for the new movie "Tough Guy." It took delivery of its first script for the TV series "True Love," to be directed by famed director Wong Jing. The Company signed a production and distribution deal for TV series "Poor Dad, Rich Dad" with HuaYi Union Cultural Media Investment Company Limited. For more information please visit the Company website at http://www.greaterchinamedia.com
Forward-looking statements
This report contains "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. All statements other than statements of historical facts included in this report are forward-looking statements. Forward-looking statements involve risks and uncertainties including, but not limited to, economic and political factors; developments of the Chinese and North American markets and changes in regulatory matters; our business strategies and future plans of operations; the market acceptance and amount of sales of our products and services; our historical losses; the competitive environment within the industries in which we compete; and our ability to raise additional capital, currently needed for expansion.
The Company cautions that forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements due to several important factors.