China Media1 Corp.
OTC Bulletin Board : CMDA

China Media1 Corp.

December 04, 2006 16:05 ET

China Media1 Corp.: Installation Status for Chengdu and Xian

IRVINE, CALIFORNIA--(CCNMatthews - Dec. 4, 2006) - China Media1 Corp. (OTCBB:CMDA) is pleased to announce the following contract and manufacturing updates for both the Chengdu Shuangliu International Airport (www.cd-airport.com) and the Xian Xianyang International Airport.

Chengdu Shuangliu International Airport - The Phase 2 signs designated for the Arrivals level are now complete and are undergoing final quality assurance testing at our manufacturer. China Media1 has a 10 year contract to provide a total of 32 illuminated outdoor scrolling poster signs of various sizes of which 8 are totally complete and installed with contracts. This airport can generate approximately US $9 million in re-occurring annual revenue to China Media1. Chengdu Airport is the 6th largest airport in China in the largest city in Southwestern China (Sichuan province) with a population that exceeds 10 million. It is the hub of manufacturing, commercial and financial activities in the region.

Xian Xianyang International Airport - The Phase 1 signs designated for the Xian Airport are now also being manufactured and we expect completion shortly. China Media1 has an 8 year contract to provide a total of 30 illuminated outdoor scrolling poster signs of various sizes. This contract can generate up to US $6.5 million in re-occurring annual revenue to China Media1. Xian is the old capital of China with heavy tourist traffic.

China Media1 is now fully engaged in the sales, manufacturing and installation process with 3 major Chinese airports and expects 2007 to be a very significant year as we expect sales from International and Domestic 4A Advertising firms that we are working with. The company wishes to thank all of its loyal shareholders and employees and fully expects the true value of its business to be reflected accordingly in the near future.

About China Media1 Corp.:

China Media1 Corp. has obtained rights to premiere advertising media assets throughout China. Its affiliate, Guangzhou Chuangrun Advertising Co. Ltd., operates the advertising space and advertising contracts with top-tier brand names and multi-national corporations as well as large advertising agencies. China Media1 has focused on providing its clients superior advertising locations based on viewer ship, exclusivity, and uniqueness through the use of its illuminated scrolling poster signs. China Media1's advertising locations include Airports in Shenzhen, Chengdu, Haikou and Xian, and the Guangzhou MTR (12 Subway Stations). China Media1's website is www.chinamedia1corp.com

Forward Looking Statements:

Any forward-looking statement in this press release is made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertain-ties including, but not limited to, economic and political factors, technological developments, regulatory matters and increased competition. The Company disclaims any obligation to update any such factors or to publicly announce results of any revisions to the forward-looking statements contained herein to reflect future events or developments.

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