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Looking for a company with some good news?  Here's one!
***** CDGT ***** CDGT ***** CDGT ***** CDGT ***** CDGT ***** CDGT *****
Major Financial NEWS

CDGT has more News that came.
Looks like CDGT is not willing to miss a beat!

Short-Term : $6 

China Digital Media Corporation Announces 
Launch of IP Based Set-Top-Box In China

Monday August 22, 8:00 am ET 
HONG KONG, Aug. 22 /Xinhua-PRNewswire-FirstCall/ -- 
China Digital Media Corporation ("Digimedia") (OTC Bulletin Board: CDGT - News) 
today announced the launch of a trial for a new IP based Set-Top-Box ("STB") in Nanhai, 
a city in Guangdong province with 400,000 Cable TV subscribers. The Company is one 
of the first digital TV operators in China to deploy the trial of IP based STB 
with its high-end users. The new STB in trial is equipped with an Ethernet port 
which could facilitate various Internet based services to end users; 
such as video-on-demand, online shopping channels, online games 
and interactive education services. The new STB is developed in coordination 
with Shenzhen Coship Electronics Co. Ltd. ("Coship") that could transform 
a television set into an interactive and a multimedia platform.

"Partnering with Coship in developing the IP based STB is our strategy 
in advancing the quality of our broadcasting services. We believe the provision 
of value-added services through digitalized network will be a new business model 
in digital TV operation and this new IP based STB will give us a head start," 
said Mr. Daniel Ng, Chairman and CEO of China Digital Media Corporation. 
"We intend to invest and participate in system migration projects in other cities 
like our Nanhai model. This collaboration with Coship and the new IP based STB 
will provide us a convincing advantage to gain more contracts in the future 
that would allow our Company to grow faster and to enlarge our service coverage," 
Mr. Ng added.

About China Digital Media Corporation :
China Digital Media Corporation (OTC Bulletin Board: CDGT - News) focuses 
its business in three main areas: Cable TV Operations, Programs Production 
and Advertising Sales. Arcotect Technology (GZ) Limited, a wholly owned subsidiary 
of CDGT in China, is the sole contractor and operator of digital television services 
in Nanhai, a city with 400,000 cable TV subscribers. The service could offer 
more than 800 digital channels of pay TV programs and value added 
multimedia services. The Group is seeking to establish similar models elsewhere 
in China. 

About Shenzhen Coship Electronics Co. Ltd.
This is a company to watch closely starting NOW! They have been known to make 
BIG moves and we feel there is one coming !!!

Last time we issued a watch we watched CHMS go from .36 to .73 in 4 DAYS !

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