Corrective News Release About Revenues in Fiscal 2010

SINGAPORE, Dec. 14, 2010 /PRNewswire-FirstCall/ -- TechMedia Advertising, Inc. (OTC Bulletin Board: TECME) ("TechMedia" or the "Company"), would like to correct certain information that it had disclosed in a news release on July 14, 2010, where it had announced gross revenues for the month of June 2010 in excess of US$1.682 million (INR 77.62 million) for TechMedia India.  The Company's subsidiary, TechMedia India, had sales as stated in the July 14, 2010 news release that took place in the month of June 2010 as well as sales in July 2010, however, the Company is not able to recognize such sales as revenue under US GAAP; and therefore, such sales will have to be recognized in the fiscal year 2011 when such sales are able to be recognized as revenue under US GAAP.

About TechMedia Advertising, Inc.

TechMedia Advertising, Inc. is the leading provider of new outdoor media advertising technology designed to increase the market presence and brand name awareness of its consumer-oriented corporate clientele in India.  The Company's proprietary advertising solution is highly scalable and targets the digital out-of-home (DOOH) media market, which is now one of the world's fastest growing advertising segments, to go beyond the borders of traditional advertising outlets.  

Specifically, the Company's digital-content network management system goes beyond the borders of traditional media to deliver video advertisements, amongst other miscellaneous audio-visual programming including news, sports and movies, to LCD, LED or plasma display screens placed in high-traffic, high-visibility outdoor public spaces.  TechMedia Advertising, Inc. sells its prime advertising space in well populated, as well as previously unexplored, areas including trans-provincial long-distance buses and other targeted locations to reach consumers anytime, anywhere.  For more information, please visit www.techmediaadvertising.com.

For more information, please refer to the Company's filings with the SEC on EDGAR, available at www.sec.gov.

FORWARD-LOOKING STATEMENTS

This news release may include 'forward-looking statements' regarding TechMedia Advertising, Inc., and its subsidiaries, business and project plans.  Such forward-looking statements are within the meaning of Section 27A of the Securities Act of 1933, as amended, and section 21E of the United States Securities and Exchange Act of 1934, as amended, and are intended to be covered by the safe harbor created by such sections.  Forward-looking statements are identified by words such as "anticipates," "projects," "expects," "plans," "intends," "believes," "estimates," "targets," and other similar expressions that indicate trends and future events.  Where TechMedia Advertising, Inc. expresses or implies an expectation or belief as to future events or results, such expectation or belief is believed to have a reasonable basis.  However, forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements.  TechMedia Advertising, Inc. does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

SOURCE TechMedia Advertising, Inc.