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Huiying on Short List for Bidding Process to Supply Hi-Def 3D Movie Components; Deal Worth $4.4-$7.4M in Profit

/ Source: GlobeNewswire

NEW YORK, Sept. 8, 2010 (GLOBE NEWSWIRE) -- Huiying Technology and Media Group Holding Company (Pink sheets:HUIY) is pleased to announce that they have been informed by local officials in the Shandong Province of China that their bid for supplying 3D movie components is close to being granted.

If the Bid is accepted, Huiying will be selected to supply the Province with multiple film development products geared towards Hi-Def 3D film production.

Lin Li, President and CEO, stated, "We are the only product provider to successful pass the State Administration of Radio/Film/Television's stringent exam (SARFT). Our production line is ISO 9001 compliant and our new product, the 1.3K movie server is currently undergoing additional testing by SARFT. If approved, we have the potential to supply 300,000 cinemas nationwide."

Final results of the bid to be released in the fall of 2010.

About Huiying Technology and Media Group Holding Company

Huiying Technology and Media group produces, develops, and supplies Hi-Definition 3D digital movie projectors. The company's flagship products, the HY300 Series digital movie projector, is geared to cinemas in the Shandong Province. Our marketing efforts are focused on Rural Areas, Military Campuses, and Schools. For more information, please visit

Legal Disclaimer

The statements contained in this press release contain certain forward looking statements, including statements regarding the company's expectations, intentions, strategies and beliefs regarding the future. All statements contained herein are based upon information available to the company's management as of the date hereof, and actual results may vary based upon future events, both within and without the control of the company's management.

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CONTACT: Pivo Associates In New York: Richard Oravec 212.924.3548 Huiying Technology & Media Group Holding Company In PRC: Lin Li 86-0536-2572777