SOURCE: Great China Mania Holdings, Inc.

Great China Mania Holdings, Inc.

August 10, 2012 11:20 ET

Great China Mania Holdings Announces New Mobile Application "IDOL" to Be Launched in September 2012 With Mobile Telecom Network Holdings

HONG KONG--(Marketwire - Aug 10, 2012) - Great China Mania Holdings, Inc., (OTCBB: GMEC) (the "Company" or "GMEC") announces new mobile application "IDOL" to be launched with Mobile Telecom Network Holdings Limited, a publicly listed company on the Hong Kong Stock Exchange, in September 2012.

"IDOL" is a mobile application that bundles a mobile social network with celebrity and artist concepts by providing a collection of artist photo albums. Users can exchange artists' photos over the network and to collect a series of photos for incentives provided by the operators. "IDOL" is scheduled to be launched in September, 2012.

"IDOL is an excellent mobile application for users to collect their favorite artists' photo albums and they can exchange their photo collections through mobile social network," says Wai Hung Yau, CEO of GMEC. "During 2011 and 2012, we have released 8 iPhone and Android applications including 'iPhone Bible,' 'GameWave' and 'SoccerWave' magazines. 'IDOL' is expected to appeal to more users and enhances GMEC's businesses in the digital content market."

According to market surveys, the mobile phone applications market will grow at an annual compounded rate of 50% to $36.7 billion by 2015. Introducing new and innovative mobile phone applications into the market definitely can enhance GMEC's ability in capturing this enormous market.

About Great China Media Holdings Inc.:

GMEC (OTCBB: GMEC) is an electronic content provider that provides leisure and life style related electronic contents through portal websites and major cell phone network operators. The Company also utilizes these electronic contents to produce traditional paper magazines. In order to support the provision of electronic contents, the Company operates an artist management company to leverage on the popularity of artists and celebrities in stories and events creations.

http://www.greatchinamania.com

Safe Harbor Statement

Information in this document constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "forecast," "anticipate," "estimate," "project," "intend," "expect," "should," "believe," and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve, and are subject to known and unknown risks, uncertainties and other factors which could cause Great China Mania Holdings actual results, performance (financial or operating) or achievements to differ from the future results, performance (financial or operating) or achievements expressed or implied by such forward-looking statements. The risks, uncertainties and other factors are more fully discussed in Great China Mania Holdings filings with the U.S. Securities and Exchange Commission. All forward-looking statements attributable to Great China Mania Holdings herein are expressly qualified in their entirety by the above-mentioned cautionary statement. Great China Mania Holdings disclaims any obligation to update forward-looking statements contained in this estimate, except as may be required by law.

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