BEIJING, Aug. 12, 2009 (GLOBE NEWSWIRE) -- Legend Media (OTCBB:LEGE) ("Legend Media" or "the Company"), a Chinese multi-media advertising company, today announced that the Company has signed a full year contract of RMB1,176,000 (approximately US$172,182 based on the exchange rate as of the date of this press release) to be delivered from July 1, 2009 to June 30, 2010 with Beijing SouFun Holdings Limited for its website www.soufun.com.
Founded in 1999, SouFun.com is China's leading real estate website and one of the world's top 100 online destinations. Each month over 44 million users visit SouFun.com, with over 1.3 billion page views conducted as people access China's most comprehensive database of new and pre-owned homes, homes to rent, and home furnishings and fittings information.
About Legend Media
Legend Media (OTCBB:LEGE) is a leading advertising firm in focused on China's affluent consumers. Founded in 2007, the Company has built its foundation through the acquisition of exclusive and comprehensive advertising agreements for prominent Chinese radio channels and airline magazines. With airline travel and car ownership two of the leading predictors of wealth in China, Legend Media is building a leading advertising platform that crosses regions and mediums to reach the affluent consumers in China.
Safe Harbor Statement
This press release contains certain statements that may include 'forward-looking statements' as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes, expects, anticipate, optimistic, intend, will" or similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with and available from the Securities and Exchange Commission. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.
CONTACT: Legend Media Jeff Dash 86 10 84187188 Fax: 86 10 84187176 email@example.com Room 609, Gehua Tower A, Qinglong Hutong Building No.1 Dongcheng District, Beijing, 100007, China
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