SOURCE: China Broadband

China Broadband

January 10, 2011 10:51 ET

China Broadband, Inc. Announces Name Change to YOU On Demand Holdings, Inc.

NEW YORK, NY--(Marketwire - January 10, 2011) -  China Broadband, Inc. (the "Company") (OTCBB: CBBD) today announces a companywide rebranding initiative with a new name, design and logo. "We are excited to announce our name change to YOU On Demand," says Shane McMahon, the Company's Chairman and Chief Executive Officer. "This new name taps into the emerging sense of personal identity that is growing in the world's largest marketplace, and better reflects our primary business objective to be the leading provider of Pay-Per-View and Video On Demand services in China."

The new name will be effective on or about February 9, 2011, following certain regulatory filings.

About YOU On Demand

YOU On Demand (OTCBB: CBBD) is positioned to become the first national provider of Pay-Per-View and Video On Demand services in China. Through its recent acquisition of Sinotop Group, the Company will offer high quality content to viewers in the People's Republic of China through Near Video On Demand (NVOD), Video On Demand (VOD) and Subscription Video On Demand (SVOD) services. YOU On Demand's historical core business operations have been conducted through its PRC affiliate, Jinan Jia He Broadband, the second largest broadband service provider in the Shandong Province's capital city of Jinan. Additionally, through its Shandong Group affiliate, YOU On Demand publishes digital and analog television program guides, newspapers and entertainment magazines. It holds the exclusive license to publish television program guides in the Shandong Province, one of the largest regional economies in China. For more information, visit http://www.youondemandchina.com or http://www.chinabroadband.tv

Safe Harbor Statement

This press release contains certain statements that may include "forward looking statements". All statements other than statements of historical fact included herein are "forward-looking statements". These forward looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

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