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FAB Universal Celebrates New Ticker And Name Change With Huge Event

FAB Universal (NYSE MKT: FU), a worldwide distributor of digital entertainment, released information today on the standing room only event held in Beijing, China on October 13 th, 2012, to celebrate the closing of the FAB-Wizzard transaction and the new ticker and name change.

The ceremony was held in the main Banquet Hall of the world-class Beijing Hotel. More than 500 guests gathered to celebrate in a warm and festive environment. The invited guests included several hundred key figures from the central government, large corporations, press, financial institutions as well as many of FAB’s customers and franchisees.

The celebration ceremony was a media event with representatives from more than 20 leading media companies including: China Central Television News Channel, China Central Television Finance Channel, People’s Daily, China National Radio, China Radio International, Beijing Daily, Beijing Youth, Xinhuanet, Sina, ifeng, etc. Media coverage was strong with many follow up interviews and press mentions in the days following the event. Click here to see pictures and videos of the event.

Chairman Hongcheng Zhang and CEO Chris Spencer both received rousing applause after presenting their thoughts on the future of the combined companies. The subsequent Trading Symbol Launch Ceremony (banging of the FU gong) brought the banquet to a climax.

VIPs who attended the festive event included: Mr. Xiaohong Yan, Deputy Director of the General Administration of Press and Publication of China; Mr. Huisheng Zhai, Party Secretary from National Journalist Association; Ms. Jianfen Gu, well-known music composer; Mr. Jianguo Shen, Vice-Chairman of All-China Federation of Industry & Commerce; Mr. Yongjin Han, Director of Policy and Regulation from Ministry of Culture of China; Mr. Huizhong Zhang, Secretary of State-owned Cultural Assets Supervision and Administration office in Beijing; Mr. Maofei Zhou, Director of State-owned Cultural Assets Supervision and Administration office in Beijing; Mr. Linmao Xia, Mayor of Shijingshan District of Beijing; Mr. Yefei Wang, Deputy Director of Beijing Municipal Copyright Bureau; Mr. Hong Xuan, Deputy Director of Zhongguancun Management Committee; Mr. Xinyu Wang, Vice Mayor of Xianyang City; Mr. Wei Feng, President of Greater China from Motion Picture Association; Mr. Biao Guo, from International Federation of the Phonographic Industry; Ms. Heng Li, Chairman of the National Copyright Trade Center; Mr. Zaiping Yang, Vice President from Bank of China Association; Mr. Bingxi Shen, Director of the Agricultural Bank of China Head Office & Director of Central Huijin Investment Ltd; Mr. Jin Liu, the Board of Supervisor of China Construction Bank; Mr. Jinlao Huang, Deputy Governor of Huaxia Bank Head Office.

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