Hurray! News
Hurray! Signs up “Super Girl”
finalist and enters digital music production and distribution
BEIJING, Oct.26 -- /Xinhua-PRNewswire/ -- Hurray! Holding Co.,
Ltd. (Nasdaq: HRAY), a provider of advanced wireless value-added
services and mobile telecommunication network software in China,
announced that it has, together with Huayi Brothers Music Co., signed
a multi-year contract with Liangying Zhang, an upcoming singer and
pop star in China, to produce her first and future albums.
Zhang is the third place titlist in recent popular “Super Girl”
national TV contest, which drew hundreds of thousands of contestants
through dozens of rounds of regional preliminaries. The top three
finalists were determined by number of SMS votes from TV audiences
nationwide. Huayi Brothers is a leading movie and music producer
in China and Huayi Brothers Music is its subsidiary that focuses
on artist development, music creation and production, and record
distribution in China.
Commenting on this event, Hurray!’s Chairman and Chief Executive
Officer, QD Wang, said “we are pleased to partner with Huayi Brothers,
best known movie and music producer in China, in signing up Liangying
Zhang, a young artist of proven popularity and super star potential.
This initiative combines the best artist development and music production
expertise with leading edge digital and mobile music distribution
capability in China. It further demonstrates Hurray!’ vision for
and leadership in redefining music production and distribution in
China.”
About Hurray! Holding Co., Ltd.
Hurray! provides wireless value-added services such as ringtones,
picture downloads, community and entertainment services to mobile
users in China. The company is one of the market leaders in providing
these services using wireless application protocol, commonly referred
to as WAP, in China. WAP services are offered through the advanced
2.5G mobile networks, the most advanced broadly available mobile
networks deployed in China. Hurray! also offers these services through
2G mobile networks.
In addition, Hurray! designs, develops, sells and supports a service
provisioning and management software that is used by China Unicom,
one of the two principal mobile operators in China, to support its
2.5G services platform.
Forward-looking Statements:
This press release contains statements of a forward-looking nature.
These statements are made under the "safe harbor" provisions
of the U.S. Private Securities Litigation Reform Act of 1995. You
can identify these forward-looking statements by terminology such
as "will," "expects," "believes" and
similar statements. The accuracy of these statements may be impacted
by a number of business risks and uncertainties that could cause
actual results to differ materially from those projected or anticipated,
including risks related to: the risk that Hurray! may not be able
to develop services incorporating the songs of its content partners
which are timely and attractive to China's mobile phone users; uncertainty
regarding the future level of consumer demand for wireless music
services in China; the possibility that Liangying Zhang will not
be as popular among China's mobile phone users as management expects;
Hurray!'s ability to maintain its relationships with Liangying Zhang,
Huayi Brothers, Huayi Brothers Music Co., and other partners; continued
competitive pressures in China's wireless value-added services market;
changes in technology and consumer demand in this market; the state
of Hurray!'s relationships with China's mobile operators; and other
risks outlined in Hurray!'s filings with the Securities and Exchange
Commission, including its registration statement on Form F-1, as
amended. Hurray! does not undertake any obligation to update this
forward-looking information, except as required under applicable
law.
For more information, please contact:
Phoebe Meng
Investor Relations Manager
Tel: 8610-6518-8989 ext 6806
yfmeng@hurray.com.cn
SOURCE: Hurray! Holding Co., Ltd.
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