VisionChina Media Inc. (“VisionChina” or “the Company”) (Nasdaq: VISN), one of China’s largest out-of-home digital television advertising networks on mass transportation systems, today announced that it will hold its 2008 annual general meeting of shareholders at the offices of Simpson Thacher & Bartlett LLP, 35/F ICBC Tower, 3 Garden Road, Central, Hong Kong, Hong Kong S.A.R., at 10:30 a.m.Beijing/Hong Kong time on December 22, 2008 (9:30 p.m. Eastern Time on December 21, 2008). The shareholder record date is November 24, 2008.
The Company has filed its annual report on Form 20-F, including its audited financial statements for the fiscal year ended December 31, 2007, with the U.S. Securities and Exchange Commission (the “SEC”). The notice of the annual general meeting of shareholders and the proxy statement related to the meeting are also available through the Investor Relations section of the Company’s website.
VisionChina Media Inc. (Nasdaq: VISN) operates an out-of-home advertising network on mass transportation systems, including buses and subways that reach over 26 million viewers each day in China, according to CTR Market Research. As of September 30, 2008, VisionChina’s advertising network included over 62,250 digital television displays on mass transportation systems in 17 of China’s economically prosperous cities, including Beijing, Guangzhou, Shanghai and Shenzhen. VisionChina Media has the ability to deliver real-time, location-specific broadcasting, including news, stock quotes, weather and traffic reports and other entertainment programming.