CXIN - China Xin Network Media Corp. (fka CXIN)

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Company News and Press Releases From Other Sources:

CXN Media Corporation announces Wang Changsheng, Executive President of China's State Information Center accepted to CXN's Board of Directors

MIAMI, Jun 17, 2003 (BUSINESS WIRE) -- China Xin Network Media Corp. (OTCBB: CXIN) a premiere provider of China-based analytical market research data and customized market research analysis, announced today that Wang Changsheng has joined CXN as a member of the company's Board of Directors.
George Lee, CXN chairman and CEO commented that "We are pleased to have such a respected representative of China's State Information Center added to our Board of Directors. This continues to show the commitment we have for our renewed relations, and the continued opportunity that CXN has before it to work with global leaders interested in expanding their presence within China."

Mr. Changsheng is currently the Executive President of the State Information Center ("SIC") of the People's Republic of China and is Chairman of the Board for CEInet Data Co. Ltd. The State Information Center is the parent company of CEInet Data Corporation, established in 1996. While in his position at SIC, Mr. Changsheng has lead several projects of economic information management systems, as well as serving as chief editor in a number of publications on Chinese economic studies and economic trend forecasting - this included the Forecast on China's Economic Development study (English, 1997-1998). Mr. Changsheng has a BA Degree from the Capital Economy and Trade University (China), and has completed coursework in economics and microeconomic management from the Economic Development College, World Bank and University of Louisville, respectively.

ABOUT CXN MEDIA CORPORATION

CXN MEDIA CORPORATION is a global provider of financial, economic and business information on the People's Republic of China. Through its partnership with the China Economic Information Network (CEInet), CXN sources, produces and customizes market research and business intelligence on the People's Republic of China. For more information about China Xin Network Media Corporation (OTCBB: CXIN), see www.cxnonline.com.

ABOUT CHINA'S STATE INFORMATION CENTER

Established in 1987, the State Information Center is an institution that primarily serves the Chinese government in policy-making as well as the public. SIC acts to coordinate the information centers administrated by local planning commissions at provincial and city levels. SIC is composed of 8 bureau-level departments and several sub-companies with about 470 employees. The CEInet (China Economic Information Network) developed by SIC is the largest Internet information server in China. SIC is a part of China's central State Development Planning Commission.

The SDPC and SIC are responsible for a number of distinguished and professional newspapers, magazines and publications including:

-- The Chinese Economic Herald

-- China Investment and Construction

-- Economic Forecast and Analysis

-- Information and Economic Research

-- Financial and Economic News

-- Information Economics and Technology

-- Chinese Economy Prospect (annual)

-- Chinese Market Prospect (annual)

-- World Economy Prospect (annual)

SOURCE: China Xin Network Media Corp.

CONTACT:
China Xin Network Media Corp.
Mr. George Lee, President & CEO
[e-mail]
or
Mr. David Doran, Director of Marketing
[e-mail]
Tel: [phone]