Attached files
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| 8-K - Qornerstone Inc. | v192148_8-k.htm |
| EX-99.1 - Qornerstone Inc. | v192148_ex99-1.htm |
| EX-10.1 - Qornerstone Inc. | v192148_ex10-1.htm |
TECHMEDIA
ADVERTISING, INC.
c/o
62 Upper Cross Street, #04-01
Singapore 058353
Ticker
Symbol - (OTCBB: TECM.OB)
TechMedia Advertising’s
Digital Advertising Services Offering Achieves Milestone 95% Capacity
Utilization in June 2010; Outlook Favorable Going
Forward
SINGAPORE,
July 14, 2010 - TechMedia Advertising, Inc. (OTCBB: TECM.OB) (“TechMedia” or the
“Company”), the leading provider of new outdoor media advertising technology in
India, announced today that for the entire month of June 2010, total advertising
capacity reached an all time high of 95%, an early indication of the very strong
demand the Company is experiencing in India for its new digital advertising
solutions.
Most of
the Company’s total 864 ten-second advertising time slots have already been
contracted to clients for three to six months by Peacock Media, TechMedia’s
consulting and marketing agency in India, generating gross revenues for the
month of June 2010 in excess of US$1.682 million (INR77.62 million) for
TechMedia India. The Company expects to maintain, and even grow, this
revenue level going forward with more advertisers making use of this new
advertising platform, especially during festive seasons.
“We
believe the high demand for new advertising space in India, combined with
TechMedia’s ability to deliver good, quality audio and video services to
hundreds of thousands of captive audiences each day, are key to achieving such a
tremendous take-up rate of our new digital infotainment systems that are
installed in government buses running throughout the Tamil Naidu Province,”
commented Johnny Lian, Chairman and CEO of TechMedia.
“Advertising
agencies are constantly seeking new avenues to reach captive audiences for their
clients, and TechMedia is able to help them achieve those results. In
addition, Peacock’s longstanding reputation and relationships with agencies and
clients throughout India allowed us to maximize the awareness of such a new
service,” added Mr. Lian.
About
TechMedia Advertising, Inc.
TechMedia
Advertising, Inc. is the leading provider of new outdoor media advertising
technology designed to increase the market presence and brand name awareness of
its consumer-oriented corporate clientele in India. The Company’s
proprietary advertising solution is highly scalable and targets the digital
out-of-home (DOOH) media market, which is now one of the world’s fastest growing
advertising segments, to go beyond the borders of traditional advertising
outlets.
Specifically,
the Company’s digital-content network management system goes beyond the borders
of traditional media to deliver video advertisements, amongst other
miscellaneous audio-visual programming including news, sports and movies, to
LCD, LED or plasma display screens placed in high-traffic, high-visibility
outdoor public spaces. TechMedia Advertising, Inc. sells its prime
advertising space in well populated, as well as previously unexplored, areas
including trans-provincial long-distance buses and other targeted locations to
reach consumers anytime, anywhere. For more information, please visit
www.techmediaadvertising.com.
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For more
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. Forward-looking statements are identified by words such as
"anticipates," "projects," "expects," "plans," "intends," "believes,"
"estimates," "targets," and other similar expressions that indicate trends and
future events. 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:
TechMedia
Advertising, Inc.
Investor
Relations
Carrie
Snyder
Tel:
(917) 862-0705
Email:
info@techmediaadvertising.com
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