BEIJING, Oct. 6, 2006 (PRIMEZONE) -- Greater China Media & Entertainment Corporation (OTCBB:GCME), an integrative professional media and entertainment company headquartered in Beijing, China, today announced that it has retained The Piacente Group, Inc., a New York City headquartered investor relations and financial communications consulting firm, to provide strategic investor relations services.
Mr. John Hui, President, CEO and Vice-Chairman of Greater China Media & Entertainment Corporation commented, "After careful consideration, we are pleased to announce that we have selected The Piacente Group as our investor relations counsel given the excellent work that The Piacente Group has produced for its other premier China-based clientele. The Piacente Group provides a comprehensive range of investor relations functions which will be crucial in helping Greater China Media gain recognition with investment firms and institutional investors in the U.S. capital markets. I am confident that together we will be able to develop a strategic investor relations program to best communicate the investment opportunity that exists in Greater China Media."
Ms. Brandi Piacente, President of The Piacente Group stated, "Having worked closely with some of the leading companies in China, we understand and believe in the growing opportunity that exists for Chinese media companies as the media and entertainment industry evolves. We are extremely excited to work with Greater China Media and believe we have developed the right approach to investor relations that will produce targeted results for Greater China Media to expand its shareholder base. We look forward to working with Greater China Media's experienced management team to ensure the successful execution of its long term strategic plans in a highly attractive industry environment."
About Greater China Media & Entertainment Corporation
Greater China Media & Entertainment Corp. is an integrative professional media and entertainment company which covers various areas including film and TV program production, management, promotion and distribution. The Company will have its own film and television production center, promotion agency, audio-visual distribution company, digital network company, talent agency, and sales and advertising agency. Together the team is capable of making films, TV programs and related projects on a large scale.
In June 2006, the Company signed and closed an Acquisition Agreement with Triumph Research Limited, which is a BVI company and party to a Joint Venture Agreement with Beijing Tangde International Film and Culture Co., Ltd. ("Tangde"), a Chinese company. In September 2006, the Company formed a joint venture with Beijing New-Element Co. Ltd., a promotion and marketing company based in Beijing. http://www.greaterchinamedia.com
About The Piacente Group, Inc.
The Piacente Group, Inc. is an investor relations and financial communications consulting firm based in New York with offices in San Francisco, Beijing and Guangzhou, China. With a focused approach on developing integrated strategic solutions to a company's investor relations program, The Piacente Group's main objectives are to increase visibility to investors and deliver enhanced shareholder value to its diversified base of high quality clients. The Piacente Group is dedicated to providing its clients customized solutions in a dynamic investment environment. For more information, please visit www.tpg-ir.com.