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China New Media Announces Conference Call to Discuss First Quarter 2011 Financial Results

DALIAN, China, Nov. 12, 2010 /PRNewswire via COMTEX/ -- China New Media Corp.

(OTC Bulletin Board: CMDI) (the "Company"), a fast-growing advertising media company operating the largest outdoor media network in Dalian, China, announced today that its management will hold a conference call on Tuesday, November 16, 2010 at 9:00 a.m. EST (6:00 a.m. PST) to discuss financial results for the Company's first fiscal quarter, ended September 30, 2010.

To participate in the call, please dial 1-877-941-4775, or 1-480-629-9764 for international calls, approximately 10 minutes prior to the scheduled start time.

Interested parties can also listen via a live Internet webcast, which can be found via the following link: http://viavid.net/dce.aspx?sid=00007E18 A replay of the call will be available for two weeks from 12 p.m. noon EST on November 16, 2010, until 11:59 p.m. EDT on November 30, 2010. The number for the replay is 1-877-870-5176, or 1-858-384-5517 for international calls; the pin number for the replay is 4385379. In addition, a recording of the call will be available via the Company's website at http://www.gywj.cn/home.htm for one year.

About China New Media Corp.

Founded in September 2000, China New Media Corp. is headquartered in Dalian, the commercial center of Northeastern China. The company owns and operates the city's largest outdoor media network encompassing over 600 bus shelters furnished with billboards and displays; 130 taxi stops with displays; and 12 large-size billboards, including 5 large-size LED displays at major traffic conjunctions. The company also furnishes around 320 buses with advertising posters and 28 metro-trains throughout Dalian Metro Lines. China New Media provides comprehensive advertising services from art design to ad publishing, from daily maintenance to technical upgrading. Launched in Dalian in 2009, China New Media's proprietary LED multimedia display network, City Navigator(R), is one of the country's first web-based outdoor advertising networks.

Contact: For more information, please contact: Rita Jiang Executive Vice President of Finance China New Media Corp.

Tel: 646-691-5047 Email: rita.jiang@gmail.com Investor Relations: Dave Gentry, U.S.

RedChip Companies, Inc.

Tel: +1-800-733-2447, Ext. 104 Email: info@redchip.com Jing Zhang, China RedChip Beijing Representative Office Tel: +86 10-8591-0635 Web: http://www.RedChip.com SOURCE China New Media Corp.

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