SOURCE: MoqiZone Holding Corporation

MoqiZone Holding Corporation

July 07, 2010 10:30 ET

MoqiZone Holding Corporation Announces Technical Close-Beta Testing of First Movie Game

SHANGHAI, CHINA--(Marketwire - July 7, 2010) -  MoqiZone Holding Corporation (OTCBB: MOQZ), a leading digital entertainment delivery platform company that delivers last mile gaming connectivity to internet cafés across China via its proprietary MoqiZone Network, today announced that the company has started technical close-beta testing of its first online web game, Flirting Scholar 2. The game, specially designed and named after the upcoming comedy, is the first movie-related game to be launched together with a Chinese movie. MoqiZone developed and planned the game together with the movie's producers, directors and cast; MoqiZone was officially granted exclusive publishing rights in mainland China by the movie company, Win's Entertainment.

Flirting Scholar 1, made by Win's Entertainment 17 years ago, is one of the most widely viewed movies on TV in China. The famous Hong Kong movie star and comedian, Stephen Chow, became a household name in China after he co-starred with actress Gong Li in Flirting Scholar 1. Top movie stars from mainland China such as, Zhang Jingchu (leading role in Seven Swords and Rush Hour 3 and Overheard, (hyperlink to http://en.wikipedia.org/wiki/Zhang_Jingchu), Huang Xiaoming (leading actor in Message and the TV series Da Han Tian Zi, Shanghai Bund (hyperlink to http://en.wikipedia.org/wiki/Huang_Xiaoming), and the famous comedian from Shanghai, Zhou Libo, (hyperlink to http://zhoulibo.sina.com.cn) will be playing leading roles in Flirting Scholar 2, together with the actors from Flirting Scholar 1. The new movie, which is scheduled to open in theaters in China on July 9, 2010, is expected to be a summer blockbuster.

"It is a game category on its own; China has never had this type of game before. All of the leading stars in the movie played a role in creating the game," said Lawrence Cheung, CEO of MoqiZone. "I believe it will have a major impact on the China game market place. This game will attract many new gamers and movie fans and will take both the online game market and movie market to a new height." The close-beta testing of the game is expected to start in approximately two weeks and the open beta testing on July 9th, which is the same day the movie is schedule to open.

About Win's Entertainment

Win's Entertainment is a former Hong Kong film production company that was formed by producer Charles Heung and his brother, Jimmy Heung. Following its establishment in 1984, Win's Entertainment went on to become one of the most powerful film producers in Hong Kong.

Win's' film history spans over 10 years. Some of the films they have produced include the God of Gamblers franchise, Tricky Brains, the Lee Rock trilogy and the Fight Back to School trilogy. A majority of its films featured some of Hong Kong's most well known actors including Stephen Chow Sing Chi, Chow Yun Fat, Andy Lau Tak Wah, Jet Li Lian Jie/Yeung Chung and Ng Man Tat.

About MoqiZone

MoqiZone is a leading digital entertainment delivery platform company that delivers last mile game connectivity to Internet Cafés across China via its proprietary MoqiZone Network. The MoqiZone Network affords the Company with a sustainable, low-cost competitive advantage for providing last mile connectivity for Internet Cafés, while increasing the net economic benefit to the primary value chain participants -- the content providers and the Internet Cafés.

FORWARD-LOOKING STATEMENTS

This release contains certain "forward-looking statements" relating to the business of MoqiZone, which can be identified by the use of forward-looking terminology such as "believes, expects" or similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties, including all business uncertainties relating to reliance on a limited number of customers, market demand, cyclical nature of our markets, reliance on key personnel, future capital requirements, competition in general and other factors that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Certain of these risks and uncertainties are or will be described in greater detail in our filings with the Securities and Exchange Commission. These forward-looking statements are based on MoqiZone's current expectations and beliefs concerning future developments and their potential effects on the company. There can be no assurance that future developments affecting MoqiZone will be those anticipated by MoqiZone. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond the control of the Company) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by such forward-looking statements. MoqiZone undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

Contact Information

  • CONTACT:
    MoqiZone Holding Corporation
    For China:
    Lawrence Cheung
    +86 13918139797

    For Hong Kong:
    Benjamin Chan
    +852 91622883

    TriPoint Capital Advisors
    Mark Elenowitz
    (917) 512-0822