VisionChina Media Inc.
VisionChina Media Inc. (Nasdaq: VISN) operates an out-of-home advertising network on mass transportation systems, including buses and subways that reaches over 40 million viewers each day in China, according to CTR Market Research.
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VisionChina Media wins contract for screens on Guangzhou's new metro line 5
VisionChina Media Inc. (Nasdaq:VISN), today announced it has successfully signed a 16-month contract with Guangzhou Metro TV Media Company to add the new Metro Line No. 5 to it existing subway screen network in the city on the opening of the line on January 1, 2010.
VisionChina already holds exclusive rights to operate on all existing subways in the city as well as on the platforms that service the subway system.
Line No. 5 will serve as a main artery and operate though the downtown area of Guangzhou. Including the new line, the Guangzhou subway system will feature a network of 5 lines covering 150 kilometers of track accessed via 91 subway stations.
Guangzhou, the capital city of Guangdong province, has over 10 million residents and will host the 16th Asian Games from November 12-27, 2010.
