HONG KONG, April 29, 2010 (GLOBE NEWSWIRE) -- China Technology Development Group Corporation ("CTDC" or the "Company") (Nasdaq:CTDC) is pleased to announce that CTDC has entered into a Cooperation Framework Agreement (the "Agreement") with Xintang Media Technology (Beijing) Ltd. ("Xintang Media"), shareholders of Xintang Media and the related companies to acquire Xintang Media indirectly. Xintang Media is a media and advertising agency company. CTDC will jointly develop the Xinhua Multimedia Project with Xintang Media and Xinhua News Agency.
CTDC Acquires Xintang Media, Partners With Xinhua News Agency To Jointly Develop Xinhua Multimedia Project
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