Beijing is China's second largest media market in addition to being an especially hot market in the short term due to the upcoming 2008 Olympic Summer Games. The Company's new Beijing office will enable it to more easily market its digital media network to the many major advertisers and global brands whose China operations are headquartered there. The office is located in the city's central business district of Xuanwu, providing for easy access to all prospective clients in the city.

"With over 60,000 taxis currently in service in this city, and the 2008 Olympics coming very soon, Beijing is an ideal market for our media," noted Smartwin's President and CEO, David Lueng. "We intend to establish a significant presence here in time to capture a portion of the massive ad spend that is expected around the period of the Olympics next year."

In addition to opening a local office, the Company has already begun negotiations with local taxi operators in Beijing and is intent on launching its in-taxi digital media platform Smartwin's management expects to conduct trial testing of its advertising display units ("ADUs") with local taxi companies beginning in the summer this year, followed closely by the installation of at least 1000 ADUs per month starting in the fall.
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About Smartwin
Smartwin Technology Ltd. (www.smartwintech.com) is a high-tech company engaged in the development of powerful enterprise solutions, specifically in the areas location-based fleet management and digital media networks. From its technology centre in Shanghai, PRC, Smartwin’s engineers develop customized software and hardware solutions for a variety of clients in multiple industries, located in different parts of the world.