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Latest news 3-12-08
Greater China Media & Entertainment Corp. Subsidiary Announces February Contract Achievements
Wednesday March 12, 12:45 pm ET
Total Contract Value: RMB2,081,000 (Approximately US$293,000)
BEIJING, March 12 /Xinhua-PRNewswire/ -- Greater China Media & Entertainment Corporation (OTC Bulletin Board: GCME; ''GCME''), an integrated professional media and entertainment company, announces that its subsidiary, Racemind HuaDing, signed ten contracts between February 1 and February 28, 2008 with a total value of about RMB2,081,000 (approximately US$293,000).
''Racemind did extremely well in February despite a seven day break to celebrate the Chinese New Year,'' said Jake Wei, Chairman and CEO of Greater China Media & Entertainment. ''The holiday accounts for the smaller number of contracts signed in February when compared to January, during which 20 contracts were signed for a total contract value of US$417,000.''
Among last month's contracts, Canon, a reputable multimedia company signed a service agreement for up to RMB760,000 (approx. US$107,000) with Racemind. Other long-term clients include Siemens, Microsoft China, Reuters, and others.
''We expect to build upon the success of last month's achievement with a continued commitment to comprehensive services,'' stated Wei. ''Our public relations business continues to demonstrate strong growth with excellent reviews from a number of prestigious clients.''
For more information, please contact:
Greater China Media & Entertainment Corp.
Jake Wei
Tel: +86-10-5921-2333
