GUANGZHOU, China, Aug. 11 /PRNewswire-Asia-FirstCall/ -- Subaye, Inc.
(Nasdaq: SBAY) ("Subaye" or the "Company"), a leading outsourced marketing
services provider in China engaged in online video advertising and cloud
computing business solutions, today announced that it will release its third
quarter fiscal year 2010 financial results on Monday, August 16, 2010 after
the market close. In conjunction, the Company will host a conference call to
discuss these results.
The conference call will take place at 4:15 p.m. ET on Tuesday, August 17,
2010. Interested participants should call 1-877-941-8418 when calling within
the United States or 1-480-629-9809 when calling internationally (passcode
4344291).
This conference call will be broadcast live over the Internet and can be
accessed by all interested parties by clicking on this link:
http://viavid.net/dce.aspx?sid=00007938 , or visiting http://www.viavid.net ,
where the webcast can be accessed through August 24, 2010.
A playback will be available through August 24, 2010. To listen, please
call 1-877-870-5176 within the United States or 1-858-384-5517 when calling
internationally (passcode 4344291).
About Subaye, Inc.
Subaye, Inc. is a leading outsourced marketing services provider in China
engaged in online video advertising and cloud computing business solutions.
Subaye's online video advertising network provides production, upload, storage,
and publishing onto video sharing websites. Subaye also offers cloud computing
business solutions and is in the process of developing an online mall with 3D
imaging throughout the online customer interface. Visitors of Subaye's
websites, namely, http://www.subaye.com , view video showcases of Subaye
members, primarily small to mid-size enterprises ("SMEs"), and select products
or services they wish to purchase. Paying members utilizing Subaye's video
advertising platform pay a membership fee of approximately $117.0 per month.
The Company previously conducted a trade services and an entertainment media
business. For further information on Subaye, Inc., please visit
http://www.subaye.net .
Forward-Looking Statements
Certain statements contained herein constitute "forward-looking
statements" within the meaning of the Private Securities Litigation Reform Act
of 1995. These forward-looking statements are based on current expectations,
estimates and projections about Subaye, Inc.'s industry, management's beliefs
and certain assumptions made by management. Readers are cautioned that any
such forward-looking statements are not guarantees of future performance and
are subject to certain risks, uncertainties and assumptions that are difficult
to predict. Because such statements involve risks and uncertainties, the
actual results and performance of the Company may differ materially from the
results expressed or implied by such forward-looking statements. Given these
uncertainties, readers are cautioned not to place undue reliance on such
forward-looking statements. Subaye, Inc.'s operations are conducted in the
People's Republic of China ("PRC") and, accordingly, are subject to special
considerations and significant risks not typically associated with companies
in North America. These include risks associated with, among others, the
political, economic and legal environment and foreign currency exchange. The
Company's results may be adversely affected by changes in the political and
social conditions in the PRC and by changes in governmental policies with
respect to laws and regulations, anti-inflationary measures, currency
conversion, remittances abroad, and rates and methods of taxation. Other
potential risks and uncertainties include but are not limited to the ability
to procure, properly price, retain and successfully complete projects, and
changes in products and competition. Unless otherwise required by law, the
Company also disclaims any obligation to update its view of any such risks or
uncertainties or to announce publicly the result of any revisions to the
forward-looking statements made here. Readers should review carefully reports
or documents the Company files periodically with the Securities and Exchange
Commission.
For more information, please contact:
Company:
James Crane
Chief Financial Officer
P.R.C. Cell: +86-186-2136-3580
U.S. Office: +1-617-209-4199
Investor Relations:
Ted Haberfield
HC International, Inc.
Tel: +1-760-755-2716 (US)
Email: thaberfield@hcinternational.net
Web: http://www.hcinternational.net
SOURCE Subaye, Inc.