Network CN Retains CCG Elite as Investor Relations and Public Relations Counsel
CCG Elite joint venture assisting China-based media and hospitality company
NEW YORK, July 25, 2007 (PR Newswire) — Network CN Inc. (OTC Bulletin Board: NWCN), a Chinese media and hospitality company headquartered in Hong Kong, today announced that it has retained CCG Elite to develop and execute its investor relations and public/media relations program. For this China-based company whose shares trade in the United States, CCG Elite, with offices in Beijing and the United States, has designed a communications program spanning traditional investor relations components, media relations and strategic consulting.
“We are pleased to be working with the CCG Elite team stationed both in China and the U.S. as our out-of-home advertising network proliferates throughout metropolitan China, spanning Beijing, Shanghai, Nanjing, and Wuhan,” commented Godfrey Hui, Chief Executive Officer of Network CN.
As the 2008 Olympics in Beijing and the 2010 Shanghai Expo approach, the Company’s growing outdoor media presence and its network of hotels will be visible to residents of China and foreign visitors alike.
“Network CN’s initiative to seize a first-mover advantage in large LED video billboards and other out-of-home advertising makes for a very compelling business plan,” commented Sean Collins, CCG Elite Senior Partner and head of the account group executing the Network CN strategic communications program. “It is exciting to think that thousands of Chinese consumers per day will receive Network CN’s vivid advertising messages. The combination of the Company’s rapidly expanding advertising presence and its upscale hotel network suggests tremendous growth potential.”
Please visit the Company’s website (www.ncnmedia.com) for more details.
About CCG Elite
CCG Elite is uniquely positioned to provide an outsourced, high-level investor relations solution that combines in-depth understanding of Asia’s corporate culture and economic scene and a direct pipeline into the leading funds and broker-dealers in the U.S. CCG Elite is a global, full-service investor relations agency with corporate headquarters in Los Angeles and offices in New York City, Newport Beach, Calif., Dallas, Texas, Hong Kong and Beijing. For further information, contact CCG Elite directly, or visit the Company’s Web site at www.ccgelite.com.
About Network CN Inc.
Headquartered in Hong Kong, Network CN Inc.’s vision is to build a nationwide network in China that serves the needs of a variety of customers. The Company operates a Media Network, a Hotel Network and an e-Network. As of March 31, 2007, the Company had obtained rights to install and operate 540 roadside digital video panels and 2 mega-size digital video billboards in the PRC. The Company also had five 2 – 4 star hotels in the PRC and roughly 730 hotel rooms under management.
This press release includes statements that may constitute “forward- looking” statements, usually containing the word “believe,” “estimate,” “project,” “expect,” “plan,” “anticipate” or similar expressions. Forward- looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, continued acceptance of the Company’s products and services in the marketplace, competitive factors and changes in regulatory environments. These and other risks relating to Network CN Inc. business are set forth in the Company’s Quarterly Report on Form 10-QSB filed with the Securities and Exchange Commission on May 21, 2007, and other reports filed from time to time with the Securities and Exchange Commission. By making these forward- looking statements, Network CN Inc. disclaims any obligation to update these statements for revisions or changes after the date of this release.
Source: Network CN Inc.
Stanley Chu, General Manager
Network CN Inc.
Sean Collins, Senior Partner