China Media1 Corp.
OTC Bulletin Board : CMDA

China Media1 Corp.

October 17, 2006 09:00 ET

Global Leader Advertising Agency McCann-Erickson Signs Agreement With China Media1 for Shenzhen Airport

IRVINE, CALIFORNIA--(CCNMatthews - Oct. 17, 2006) - China Media1 Corp. (OTCBB:CMDA) wishes to announce that two major advertising agencies have decided to act as agents for the company's airport scrolling signs at the Shenzhen Baoan International Airport. The decision was based on our solid foundation of 8 departure level and 14 arrival level signs, a total of 180 posters.

McCann-Erickson ("www.mccann.com"), one of the leading advertising agency in the world and the largest in Asia will provide our Shenzhen Illuminated Scrolling signs to their clients. Their client list in China include 32 of McCann's top 50 international brands. A subsidiary of the Interpublic Group, McCann is one of the top 4 agencies in the world and was named "Global Agency of the Year" an unprecedented three years in a row by a major trade magazine.

Shenzhen Weijie Advertising Co. ("www.szweijie.com"), another leading advertising agency in the Pearl River Delta will bring their clients to our signs in Southern China over the next 15 months based on our published rate card. Shenzhen Weijie provides access to many leading local Chinese companies and broadens our local advertising breadth. With both leading Advertising agencies making this commitment, the Company expects the available inventory to be reduced in the near term, especially in the new advertising budget year. At full capacity, the Shenzhen Airport can generate up to $10 million in annual recurring revenue to China Media1. Currently, China Media1 has sold about 25% of its total inventory at the Shenzhen Airport.

About China Media1 Corp.:

China Media1 Corp. has obtained rights to premiere Chinese advertising media assets in 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 viewership, exclusivity, and uniqueness through the use of its illuminated scrolling poster signs. China Media1's advertising locations include the 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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