BEIJING, April 15 /PRNewswire-Asia-FirstCall/ --
Xinhua Sports & Entertainment
Limited ("XSEL", Nasdaq: XSEL), a leading sports and entertainment
media company in China, today
announced that it will release financial results for the fourth
quarter and full year ended December 31,
2009 on May 10, 2010, after
the US markets close. XSEL had previously announced that the
earnings release would be issued on April
20, 2010. XSEL's earnings release and related materials will
be available on the investor relations page of its website at
http://www.xsel.com/earnings .
Following the earnings announcement, XSEL's senior management
will host a conference call on May 10,
2010 at 8:00 pm (New York
time) (May 11, 2010 at 8:00 am (Beijing
time)) to discuss the fourth quarter and full year of 2009 and
recent business activities.
Interested parties may dial into the conference call at (US) +1
800 510 0178 or +1 617 614 3450 / (UK) +44 207 365 8426 / (Mainland
China) +10 800 130 0399 / (Hong
Kong) +852 3002 1672, Passcode: 11315182. A telephone replay
will be available two hours after the call for one week at (US Toll
Free) +1 888 286 8010 and (International) +1 617 801 6888,
Passcode: 39523661.
A real-time webcast and a replay of the webcast will be
available at: http://www.xsel.com/earnings-webcast .
About XSEL
Xinhua Sports & Entertainment
Limited ("XSEL," NASDAQ: XSEL) is a leading sports and
entertainment media company in China. Catering to a vast audience of young
and upwardly mobile consumers, XSEL is well-positioned in
China with its unique content and
access. Through its key international partnerships, XSEL is able to
offer its target audience the content they demand -- premium sports
and quality entertainment. Through its Chinese partnerships, XSEL
is able to deliver this content across a broad range of platforms,
including television, the Internet, mobile phones and other
multimedia assets in China. Along
with its integrated advertising resources, XSEL offers a total
solution empowering clients at every stage of the media process
linking advertisers with China's
young and upwardly mobile demographic.
Headquartered in Beijing, the
company has offices and affiliates in major cities throughout
China including Beijing, Shanghai, Guangzhou, Shenzhen and Hong
Kong. Xinhua Sports &
Entertainment Limited shares are listed on the NASDAQ Global Market
(NASDAQ: XSEL). For more information, please visit
http://www.xsel.com .
Safe Harbor Statement
This announcement contains forward-looking statements. These
statements are made under the "safe harbor" provisions of the U.S.
Private Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified by terminology such as
"will," "expects," "anticipates," "future," "intends," "plans,"
"believes," "estimates," "confident" and similar statements. Among
other things, any quotations from management in this announcement
contain forward-looking statements. Statements that are not
historical facts, including statements about XSEL's beliefs and
expectations are forward-looking statements. Forward-looking
statements involve inherent risks and uncertainties that could
cause actual results to differ materially from those contained in
any forward-looking statements. Potential risks and uncertainties
include, but are not limited to, risks outlined in XSEL's filings
with the U.S. Securities and Exchange Commission, including its
annual report on Form 20-F. All information provided in this press
release is as of the date hereof, and XSEL undertakes no duty to
update such information, except as required under applicable
law.
For further information, please contact:
Media Contact
Joy Tsang, XSEL
Tel: +86-10-8567-6050
+86-136-2179-1577
Email: joy.tsang@xsel.com
IR Contact
Graham Earnshaw, XSEL
Tel: +86-10-8567-6062
Email: graham.earnshaw@xsel.com
Howard Gostfrand, American Capital Ventures
Tel: +1-305-918-7000
Toll free: +1-877-918-0774
Email: info@amcapventures.com
SOURCE Xinhua Sports &
Entertainment Limited