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Exchange Media Corp. announces significant growth in Mobile value added services in China

Posted on: Thursday, 25 June 2009, 07:00 CDT

WEST PALM BEACH, FL, June 25 /PRNewswire-FirstCall/ - (OTC-EXMD.PK) The Company announces significant growth in the Mobile Value added services (VAS) in China. Recent Mobile Wireless industry reports show an annual growth of 36.9% on an annualized basis, generating 36.91 billion RMB in the first quarter of 2009.

($ 1 USD = 6.82 RMB)

However, according to a research firm, growth in the VAS market slowed over the last six months, due to the national economy and competition among operators. The growth is anticipated to be higher in Q2.

Exchange Media Corp. expects to benefit from this growth potential, once it has secured adequate financing to implement its plans and become a service provider in the Chinese Mobile VAS market.

Exchange Media Corp. has developed a customized audio/video software system called (XC Player).

The company's customized software will allow the users to search, download, manage, and play published audio and video content and short clips, utilizing newly launched 3G network in China.

The software incorporates value-added services such as video ring tones and real-time high resolution video, when fully operational.

Exchange Media's mobile phone audio/video playing software (XC-Player), will enable Exchange Media's audio/video distribution platform, and will provide the video ring tone application in China.

Exchange Media will integrate mobile content and entertainment channels, enhancing Exchange Media's mobile phone audio/video playing software (XCPlayer), and accumulate user's group in order to make Exchange Media to become one the top-level service provider of mobile music and video clip download in China.

The software will support all international audio/video codec based standards and will utilize the most efficient compression and optimization technology to help customers save bandwidth and money.

Global GSM & 3GSM Connections: 3,828 Billion, June 24, 2009.

About: Exchange Media Corp. --------------------

Exchange Media's video/audio content distribution platform conveniently will provide download service of video/audio content. Users will download video/audio content they like through logging on service website or OTA mode. The platform will actively send subscribed content to users and then download to their mobile handheld device after the confirmation. Users will make a payment when they confirm to download content. The above mentioned service will be fully implemented after the launch of a service website.

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FORWARD LOOKING STATEMENTS

The statements contained herein which are not historical are forward-looking statements that are subject to risk and uncertainties that could cause actual results to differ materially from those expressed, including but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's press releases.

SOURCE Exchange Media Corporation

Source: PR Newswire

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