TechMedia Advertising, Inc. - Market Update
SINGAPORE, March 2 /PRNewswire-FirstCall/ -- TechMedia Advertising, Inc. (OTC Bulletin Board: TECM), ("TechMedia" or the "Company") is pleased to announce in the first 19 days of January 2010, the joint venture between TechMedia Advertising Mauritius (a wholly-owned subsidiary of TechMedia Advertising, Inc.) and Peacock Media Ltd., has completed the installation of the new digital streaming platform on an additional 731 long-distance buses in the Tamil Nadu Province.
This brings the total number of long-distance buses with digital streaming platform to 4508, operating from bus depots from 6 regions, namely SETC, Vilippuram, Kumbakonam, Salem, Coimbatore and Madurai.
With the completion of these buses, on a daily basis, the number of passengers who will enjoy these new services including infotainment and advertisement messages increases from the previously mentioned 300,000 to more than 360,000 on average.
A detailed list of these completed buses and the routes they cover is available on www.techmediaadvertising.com.
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.
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.
Contact: |
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TechMedia Advertising, Inc. |
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Investor Relations |
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Tel: 1-480-366-5788 |
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Email: [email protected] |
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SOURCE TechMedia Advertising, Inc.
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