IMNG iMing Corporation (CE)

iMing Corp. (OTC PINK:IMNG) Announced today that the Company has completed its first round financing of $150,000 USD. Under the terms and agreement, the Company will pay 8% annual interest payments for a period of three years when the principal balance will then become due and payable. Additional financing plans are currently being developed by management and are expected to be completed in the first quarter of 2013.

"This is a very exciting time for iMing", said company president, Mona Woon Yee Yim. "We are so please at the new direction that the company is taking toward becoming a technology and content provider for consumers in China."

Consumer based internet transaction originating from China saw tremendous growth of 68% between 2009 and 2010 to over 185 million transactions. China's online retail sales have been predominantly consumer-to-consumer. With over 29% of China's population using the internet, online retail sales are expected to grow over 30% per year. More than two-thirds of China's 1.3 billion people live in rural areas -- roughly three times the entire population of the United States. Retail sales in these areas grew 16 percent to 4 trillion yuan ($589 billion) last year alone.

The company believes based upon these trends in the industry and consumer growth over the internet in China it can play a significant part in this explosive market opportunity by offering consumers an affordable Set-Top Box that targets both the massive domestic market of internet users as well as the CATV users who have access to the internet by providing a cost effective means of access to television, sports, entertainment and full length movies through the company's HD set top box products.

ABOUT THE COMPANY

iMing Corp is positioning its self to be a leading technology solution provider of set-top boxes (STB) which supplies high-definition television through the Web (Web TV) in China, with the goal of being a leading provider of set-top boxes through out Asia and expanding into North America and Europe. The iMing's Set-Top Box can play source files from USB, SD/MMC card, SATA or an internal 2.5"storage installed into the Web TV Box. By supporting the latest format 1080P Full HD decoding, SPDIF.7.1.DTS decoding and HDMI 1.3, the iMing Web TV Box brings superior quality and flexibility to consumers home entertainment experience. The technology used by iMing makes its productive competitive with the other industry players such as Google TV, WDTV, Apple TV, Roku and Boxee Box.

For further information please refer to the Company's website at www.imingcorp.com .

To become part of the Company's e-mail list for industry updates and press releases, please send an e-mail to: info@imingcorp.com .

SAFE HARBOR STATEMENT

Certain of the statements set forth in this press release constitute "forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate," "project," "intend," "forecast," "anticipate," "plan," "planning," "expect," "believe," "will likely," "should," "could," "would," "may" or words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company's limited financial resources, domestic or global economic conditions -- especially those relating to China, activities of competitors and the presence of new or additional competition, and changes in Federal or State laws, restrictions and regulations on doing business in a foreign country, in particular China, and conditions of equity markets. The Company disclaims any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statement or to reflect the occurrence of anticipated or unanticipated events.

Contacts: iMing Corp 852-3619-3974info@imingcorp.com www.imingcorp.com

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