SHANGHAI, China, April 26, 2007 (PRIME NEWSWIRE) -- i-level Media Group (OTCBB:ILVL) today announced that its taxi based i-level Mobile Media Network has been officially endorsed by the Taxi Association of China, which i-level recently joined.
The Company's proprietary in taxi digital media network (i-level Mobile Media Network) consists of 8.2" LCD screens mounted in the rear passenger compartments of taxis that plays a mix of content and advertising for the enjoyment of passengers during their ride.
Ian Sullivan, i-level's Vice President and COO, remarked, "This comes as a major validation of our efforts thus far in China. We are working hard to create a solution that will enhance the taxi riding experience for all parties involved from the operators, drivers and especially the passengers. With the continued guidance and support from the Taxi Association of China we will continue to move in this direction and appreciate their efforts in doing so."
Vice Chairman of the Taxi Association Mr. Fan concurred, "i-level has shown us that they have the installed user base, adequate resources and capacity to continue to develop their network platform to be a world leader in this space while remaining consistent with the stated mission and underlying goals of the association."
Both parties have agreed to continue working together to create an industry standard that can then be promoted nation wide to members of the association.
i-level Media Group Inc. 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.