GCME Welcomes the New CEO

   Date:2006/12/31

Greater China Media and Entertainment Corporation, a publicly traded company that has recently expanded into the media and entertainment industry in China, is pleased to welcome Mr. John Hui as CEO.

On August 25, 2006, the Company appointed Mr. John Hui as CEO. Mr. John Hui has over 14 years of hands on business experience in China. He is the Founder and is serving as the Vice-Chairman and director of China World Trade Corporation.

China is one of the fastest growing industries in the world -- the entertainment industry. The global entertainment industry will show an annual growth of 10% in the next four years and that growth will be driven by China -- movies, theme parks, media, etc.

About Greater China Media and Entertainment Corporation:

Greater China Media and Entertainment Corporation is an Exploration Stage Company. The Company has recently expanded into the media and entertainment industry in China. In June, 2006, it signed and closed an Acquisition Agreement with Triumph Research Limited, which is a party to a Joint Venture agreement with Beijing Tangde International Film and Culture Co., Ltd.. In July, 2006, the Company also signed a letter of intent to form a joint venture with Beijing New-Element Co. Ltd., a promotion and marketing company based in Beijing.

Source:佚名

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