January 7, 2002

 

China Travel and Economic Channel Signs Distribution Agreement
With CABLE TV & Global Media In Force Limited

China Travel and Economic Channel (Hong Kong) Company Limited, Hong Kong Cable Television Limited (CABLE TV) and Global Media In Force Limited (GlobalMIF) jointly announced at a contract signing ceremony that China Travel and Economic Channel will be carried exclusively on CABLE TV from mid 2002 onwards.

The contract signing ceremony, which took place at The Panglin Hotel, Shenzhen, was hosted by Mr. Sun Fang, President of China Travel and Economic Channel (Hong Kong) Company Limited and Mr. Samuel C.C. Tsang, Chief Operating Officer of GlobalMIF.


(From left to right seated) Mr. Sun Fang, President of China Travel and Economic Channel (Hong Kong) Company Limited and Mr. Samuel C.C. Tsang, Chief Operating Officer of Global Media In Force Limited at the contract signing ceremony of China Travel and Economy Channel

China Travel and Economic Channel will be an additional channel to CABLE TV's digital platform. The channel will offer CABLE TV viewers travelogue programmes on the scenic spots of China and its natural inheritance as well as indepth features examining investment prospects of various mainland provinces.

"We are delighted to announce the agreement with CABLE TV and GlobalMIF. With their quality distribution network and solid subscriber base, our travelogue and investment programmes will be delivered to audience in Hong Kong to enrich their understanding of the Mainland, and hopefully serve to build stronger tie between China and Hong Kong in terms of economic and cultural developments," said Mr. Sun.

Describing the agreement as a milestone for both CABLE TV and GlobalMIF, Mr. Tsang said the new venture would reaffirm the pay TV operator's leading position in the Hong Kong while at the same time, signify a remarkable step for the regional development of GlobalMIF.

"China Travel and Economic Channel is welcomed to CABLE TV's programming platform. It will not only enhance the programming varieties of CABLE TV, but will also open the door for new business opportunities for the three parties," he added.

Global Media In Force Limited (GlobalMIF), a member of the i-CABLE Communications Group (SEHK: 1097, NASDAQ: ICAB), is the Exclusive Sales Distributor - Advertising Airtime Sales and International Programme Licensing of CABLE TV. It also deals with international channel and programme providers for carriage on CABLE TV, which enriches the programming of the Station. Furthermore, GlobalMIF also operates an online shopping and e-catalogue platform (www.21126888.com) to provide value-added services for both CABLE TV advertisers and general consumers.