Greater China Media and Entertainment Corporation Appoints Wong Jing as General Consultant to the Company


BEIJING, June 18, 2007 (PRIME NEWSWIRE) -- Greater China Media and Entertainment Corporation (OTCBB:GCME) ('GCME'), an integrated professional media and entertainment company, today announced that it has appointed Wong Jing as General Consultant to the company.

Wong Jing, a name synonymous with the Hong Kong film industry, is one of the top performing directors in Hong Kong based on both box-office receipts and movie production. Mr. Wong has over 20 years of experience in film production as Producer and Director, and some of his best-known film sequels include "The Romancing Star," "God of Gamblers" and "Young and Dangerous." More recently, Mr. Wong was retained to supervise GCME's upcoming television series "True Love."

"We are very pleased to have Wong Jing join the company as our General Consultant and recognize his expertise and unwavering dedication to the television and film industry," said Jake Wei, chairman and CEO of Greater China Media and Entertainment. "He has proven his ability to identify market needs and consistently meet them, as evidenced by his stellar box office receipts and ratings. Mr. Wong has not only set new box office records, but has also been a leader in shaping the Hong Kong movie industry. Building on our 'True Love' relationship, we look forward to working closely with him to produce and create additional television and movie hits catered to Chinese-speaking audiences worldwide."

In recent years, Wong Jing has switched his market focus from Hong Kong to China to work closely with well-known corporations in China and produce top-tier television drama series, such as "The Twins" which topped television ratings in Mainland China in 2005. In addition to producing television dramas, his film production and talent management businesses in China have also been expanding rapidly.

Upon graduation from the Chinese University of Hong Kong in 1978, Wong Jing joined Television Broadcasts Limited (TVB), the world's largest producer of Chinese-language television programming, as a scriptwriter. During his tenure at TVB, he demonstrated his flair in scriptwriting. The television drama series "The Good, The Bad & The Ugly," "The Con Master" and "Man of Power" are some of his acclaimed works, having won accolades not only in Hong Kong, but from Chinese audiences worldwide.

About Greater China Media and Entertainment Corporation:

Greater China Media & Entertainment Corp. is an integrated professional media and entertainment company which covers various areas including film and TV program production, management, promotion and distribution. The Company will have its own film and television production center, promotion agency, audio-visual distribution company, digital network company, talent agency, and sales and advertising agency as a result of recent joint ventures. Together the team is capable of making films, TV programs and related projects on a large scale.

In June 2006, the Company signed and closed an Acquisition Agreement with Triumph Research Limited, which is a BVI company and party to a Joint Venture Agreement with Beijing Tangde International Film and Culture Co., Ltd. ("Tangde"), a Chinese company focused on producing TV programming and movies. In September 2006, the Company formed a joint venture with Beijing New-Element Co. Ltd., a promotion and marketing company based in Beijing. The Company also signed an agreement with Beijing Star King Talent Agency, Star Agency, to form a joint venture.

In June 2007, the Company took delivery of its first script for the TV series "True Love," to be supervised by famed director Wong Jing, and signed a production and distribution deal for the series with Mega Vision Productions Limited. For more information please visit the Company website at http://www.greaterchinamedia.com

Forward-looking statements

This report contains "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts included in this report are forward-looking statements. Forward-looking statements involve risks and uncertainties including, but not limited to, economic and political factors; developments of the Chinese and North American markets and changes in regulatory matters; our business strategies and future plans of operations; the market acceptance and amount of sales of our products and services; our historical losses; the competitive environment within the industries in which we compete; and our ability to raise additional capital, currently needed for expansion.

The Company cautions that forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements due to several important factors.


            

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