updated 3/14/2011 7:24:19 AM ET 2011-03-14T11:24:19

DALLAS, March 14, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring China MediaExpress Holdings Inc. (Nasdaq:CCME). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.

The full report is available at: www.microstockprofit.com/lp/CCME

China MediaExpress Holdings Inc. (CCME), founded in 2003, is China's largest television advertising operator on inter-city and airport express buses. The Company generates revenue by selling advertisements on its network of television displays installed on over 27,200 express buses originating in eighteen of China's most prosperous regions, including the four municipalities of Beijing, Shanghai, Tianjin and Chongqing and 14 economically prosperous regions, namely Guangdong, Jiangsu, Jiangxi, Fujian, Sichuan, Hebei, Anhui, Hubei, Shandong, Shanxi, Inner Mongolia, Zhejiang, Hunan and Henan.

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In the report, the analyst notes:

"Shares of CCME were halted for trading on the Nasdaq Stock Market Friday pending a news release from the Chinese advertising company. CCME fell 53 cents, or 4.3%, to $11.88 before the trading halt was called."

"Saxena White P.A. recently announced that a securities fraud class action has been filed against CCME, with the complaint alleging that the Company and certain of its officers and directors violated the federal securities laws by failing to disclose material information, including misrepresentation of the number of buses in its advertising network, as well as the nature and extent of its business relationships. Investors alleged that the Company overstated its financial results at all relevant times."

To read the entire report visit: www.microstockprofit.com/lp/CCME

See what investors are saying about CCME at http://www.stockhideout.com

Get breaking news on CCME at http://thestockmarketwatch.com/

MicroStockProfit.com is a small-cap research and investment commentary provider. MicroStockProfit.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on MicroStockProfit please visit: http://www.microstockprofit.com

MicroStockProfit.com Disclosure

MicroStockProfit.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. MicroStockProfit.com is a Web site wholly owned by BlueWave Advisors, LLC. Neither MicroStockProfit.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. Please read our report and visit our Web site, MicroStockProfit.com, for complete risks and disclosures.

CONTACT: Brian Johnson
         info@microstockprofit.com
         1-888-307-2850

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