Subaye, Inc. On Monday March 1, 2010, 10:00 am GUANGZHOU CITY, China, March 1 /PRNewswire-Asia/ -- Subaye, Inc., (OTC Bulletin Board: SBAY)("Subaye" or the "Company") a leading video advertising, importer, exporter and entertainment media company in China, announced the acquisition of 12,200 new members for its http://www.subaye.com video advertising web portal. The new members are a result of the Company's acquisition of three additional websites, each of which maintains an active online business community generally focused on customers in different industries within Guangdong Province, China.
Zhiguang Cai, Chief Executive Officer stated, "We are pleased to acquire these web properties and we look forward to working with the new members. The acquisition represents a significant addition to our total membership. This year we are working to integrate new technologies such as the 3D online mall but we are also intent on expanding our customer base, converting a significant portion of our non-paying members who have been offered a free trial period and also by attracting new members both through aggressive marketing efforts and through acquisitions or similar transactions."
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