Humor & Quirks 
China Broadband, Inc.: China Broadband Expands Regional Assets
NEW YORK, NY--(Marketwire - January 9, 2009) - China Broadband, Inc. (
"The purchase of these magazines by the Shandong Group further strengthens our leadership position in Shandong's publishing industry. We are very excited to be building upon our already recognized media brand. The management team has done an outstanding job establishing the Shandong Group as one of the premier electronic entertainment/programming guide publishing entities in the Shandong Province," comments Marc Urbach, President of China Broadband. "Shandong Group's expansion strategy, coupled with the growth we anticipate from the synergies that have been created with our broadband asset, continues to make me very enthusiastic about our overall success."
China Broadband completed its acquisition of the Shandong Group in July of 2008 and began its consolidation with the company in the third quarter of 2008. Shandong Group is a China-based publisher of digital and analog television program guides, newspapers and entertainment magazines. The Shandong Group holds the exclusive license to publish television program guides in the Shandong Province of China. The province enjoys the second largest population (about 92 million inhabitants) in China and the second largest economic region in China in terms of GDP.
About China Broadband
China Broadband is a new player in China's growing cable broadband and more recently, electronic programming and print media markets. The Company's initial focus is in the Shandong Province of China. The Company's flagship operation is Jinan Jia He Broadband, also known as Jinan Broadband, the fifth largest broadband operator in China and the second largest broadband service provider in Shandong's capital city of Jinan. A spin-off of Jinan Jia He Digital TV Co. Ltd., Jinan Jia He Broadband has a close equity bond with Jinan Cable Network, the cable monopoly in Jinan with 1.3 million cable TV subscribers. For more information, visit [ http://www.chinabroadband.tv ].
Disclosure
This release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. The forward-looking statements in this release do not constitute guarantees of future performance. Investors are cautioned that statements in this press release, which are not strictly historical statements, including, without limitation, statements by management, statements concerning internal operations, marketing, management's plans, objectives and strategies, and management's assessment of market factors and conditions, constitute forward-looking statements. Such forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated by the forward-looking statements, including, without limitations, the volatility of domestic and international financial, bond and stock markets, intense competition, extensive governmental regulation, litigation, substantial fluctuations in the volume and price level of securities and other risks as detailed in the Company's filings with the Securities and Exchange Commission.