China MediaExpress Delisting Notice Prompts Coverage

/ Source: GlobeNewswire

DALLAS, May 20, 2011 (GLOBE NEWSWIRE) -- announces an investment report featuring China MediaExpress Holdings Inc. (Pink Sheets: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:

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 more than 27,200 express buses originating in 18 of China's most prosperous regions, including the four municipalities of Beijing, Shanghai, Tianjin and Chongqing and 14 economically prosperous regions.

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In the report, the analyst notes:

"Shares of CCME plummeted to a new 52-week low of on Wednesday after announcing it has received a delisting decision letter from NASDAQ. After two months of trading halt, the Company's quotation for its common stock now appears in the Pink Sheets under the symbol CCME.PK. Shares in CCME were last traded on March 11th, dropping 4.3% to $11.88 before the trading halt was called."

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