SOURCE: China INSonline Corp.

February 02, 2010 08:00 ET

China INSOnline Corp. Fulfills Online Advertising Contract

BEIJING--(Marketwire - February 2, 2010) - China INSOnline Corporation (NASDAQ: CHIO), which operates, one of China's leading insurance services web portals, today announced that it has completed an agreement to provide banner and first recommendation advertising for Beijing EZ Auto Technology Co., Ltd. ("EZ Auto"), a Beijing based automotive company specializing in retail sales of automotive accessories.

The online advertising services for EZ Auto commenced on November 2, 2009, and continued through February 2, 2010. The value of the contract totaled 12,000,000 RMB (approx. $1,750,000) and was prepaid in advance.

In announcing the completion of the contract, China INSOnline President, William Han, commented: "EZ Auto is representative of one of several targeted industries we seek to solicit for online advertising contracts. We help retail brick-and-mortar establishments expand their advertising footprint in an online environment and maximize their advertising dollars. EZ Auto was very careful to select our company after considering many other websites."

China INSOnline Corp., incorporated in Delaware and headquartered in Beijing, is a rapidly growing licensed insurance agency in The People's Republic of China. Representing major insurance underwriting firms in China, the Company offers online automobile, property and life insurance services through its industry web portal, The Company's online platform also provides consumers, agents and insurance companies with online transaction capabilities, advertising, online inquiry, news circulation, statistical analysis and software development services. For more information, please visit

Safe Harbor: This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In particular, when used in the preceding discussion, the words "plan," "expect," "believe," "intend to," "changes," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties. Actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, acceptance of the company's products and technologies, and other risks described in the company's SEC reports and filings.

Contact Information