chinaman711
10-19-2007, 02:27 PM
China YouTV's JV Partner Signs Agreement with YiCai Digital to Attract More Users to CnBoo
Friday October 19, 1:14 pm ET
BEIJING, CHINA--(MARKET WIRE)--Oct 19, 2007 -- China YouTV Corp. (OTC BB:CYTV.OB - News), a publicly traded company that provides online video viewing services through its CnBoo web site in China, reports that its Chinese Joint Venture Partner HuaJu has signed an agreement with Beijing Yi Cai Digital Technology Co. Limited, ("Yi Cai") to upload video through XMedia, a software provided to the CnBoo website by Yi Cai.
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Per the agreement, XMedia will add a gateway to the CnBoo website on its interface, which allows uploading activities. In return, Yi Cai will enjoy priority use of CnBoo's video service and promote the CnBoo gateway to Yi Cai clients. After registration, users will be able to upload and download videos. HuaJu will ensure the uploading interface and video recommendation gateway adhere to Yi Cai's style.
"HuaJu has recently entered into a series of agreements with media and technology companies to increase the company's membership and brand awareness. Some of these agreements are based on an exchange of resources, while others are based on revenue sharing," stated James Wei, CEO and President of China YouTV Corp. "CYTV is operating under the same model as many other major websites in China, such as Sohu and Sina, whose marketing strategies have evolved from awareness campaigns to profit generation. These companies are extremely successful today - a positive sign for a company such as ours."
Beijing Yi Cai Digital Technology Co. Limited is a diversified integrated Internet company. Its services include interactive multimedia entertainment communities, mobile value-added services, and multimedia software services.
For more information, please go to www.
Friday October 19, 1:14 pm ET
BEIJING, CHINA--(MARKET WIRE)--Oct 19, 2007 -- China YouTV Corp. (OTC BB:CYTV.OB - News), a publicly traded company that provides online video viewing services through its CnBoo web site in China, reports that its Chinese Joint Venture Partner HuaJu has signed an agreement with Beijing Yi Cai Digital Technology Co. Limited, ("Yi Cai") to upload video through XMedia, a software provided to the CnBoo website by Yi Cai.
ADVERTISEMENT
Per the agreement, XMedia will add a gateway to the CnBoo website on its interface, which allows uploading activities. In return, Yi Cai will enjoy priority use of CnBoo's video service and promote the CnBoo gateway to Yi Cai clients. After registration, users will be able to upload and download videos. HuaJu will ensure the uploading interface and video recommendation gateway adhere to Yi Cai's style.
"HuaJu has recently entered into a series of agreements with media and technology companies to increase the company's membership and brand awareness. Some of these agreements are based on an exchange of resources, while others are based on revenue sharing," stated James Wei, CEO and President of China YouTV Corp. "CYTV is operating under the same model as many other major websites in China, such as Sohu and Sina, whose marketing strategies have evolved from awareness campaigns to profit generation. These companies are extremely successful today - a positive sign for a company such as ours."
Beijing Yi Cai Digital Technology Co. Limited is a diversified integrated Internet company. Its services include interactive multimedia entertainment communities, mobile value-added services, and multimedia software services.
For more information, please go to www.