TechMedia Advertising, Inc. - Market Update
SINGAPORE, Feb. 18 /PRNewswire-FirstCall/ -- TechMedia Advertising, Inc (OTC Bulletin Board: TECM), ("TechMedia" or the "Company") is pleased to announce that as of the end of December 31, 2009, the joint venture between TechMedia Advertising Mauritius (a wholly-owned subsidiary of TechMedia Advertising, Inc.) and Peacock Media Ltd., has secured and successfully delivered US$330,000 of advertising services through the digital streaming platform on 3777 newly-fitted long distance buses in India.
26 advertisers in industries ranging from retail chain stores, electronics, healthcare, movie producers, jewelry and textiles reached out to over 300,000 passengers daily in a captive environment, through TechMedia's digital streaming platform.
Over an average 12-hour bus trip, there are 864 advertisement slots on each bus. Solutions were customized to meet the needs of each advertiser.
"We are highly encouraged by the immense response from media companies and the spread of industries they represent," said Johnny Lian, Chairman of TechMedia Advertising, Inc.
"We value their partnerships and the Company is working aggressively in forging stronger relationships with existing media partners and new relationships as well. These partners understand the value of delivering messages to captive audiences in the manner that TechMedia is leading presently," Mr. Lian added further.
About TechMedia Advertising, Inc.
TechMedia Advertising, Inc. plans to specialize in new outdoor media technology solutions designed to increase market presence and brand awareness for our potential clients. Going beyond the borders of traditional advertising media, we propose solutions to generate greater impact amidst the noise of the evolving market.
TechMedia Advertising, Inc. expects to sell prime advertising space both in high-traffic as well as previously unexplored areas. We plan to successfully carry our advertisers' message through the right channels and bring their point right to their chosen target consumers within the region. For more information, visit www.techmediaadvertising.com
For further information please refer to the Company's filings with the SEC on EDGAR available at www.sec.gov
Contact: |
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TechMedia Advertising, Inc. |
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Investor Relations |
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1-480-366-5788 |
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www.techmediaadvertising.com |
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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. 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.
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