BEIJING, Feb. 1, 2013 /PRNewswire-FirstCall/ -- Charm Communications Inc. (NASDAQ: CHRM) ("Charm" or the "Company"), a leading advertising agency in China, today announced that Mr. Johnny Honggang Zhu, the general manager of Charm Click, has been promoted to vice president of Charm, effective immediately.
Mr. Zhu will continue to lead Charm Click, as well as take on a new role as head of Charm Interactive's business in northern China. Mr. Zhu will continue to report directly to Mr. He Dang, the Company's founder, chairman and chief executive officer.
Mr. Dang commented, "Johnny's rich digital and search engine marketing expertise has been highly regarded by the industry for years. Under his leadership, Charm Click has grown rapidly, adding new clients each quarter and winning industry awards. We are confident in his abilities to lead Charm Click and Charm Interactive in achieving our long-term business objectives. We congratulate him on this well-deserved promotion and look forward to his increased role within the agency as we continue to build out a full-service, integrated advertising platform."
Mr. Zhu joined Charm as general manager of Charm Click in June 2011 when Charm acquired a 60% stake in ClickPro, a leading Chinese performance and search engine marketing ("SEM") firm that Mr. Zhu founded in 2007. Under his leadership, Charm Click won the 2012 Baidu Discovery Award and 2011 Taobao Outstanding Partner Award. Most recently, he helped Charm Click become the official SEM agency for Baidu's European business.About Charm Charm Communications Inc. (NASDAQ: CHRM) is a leading advertising agency group in China that offers integrated advertising services with particular focus on television and the internet. Charm's integrated advertising services include full media planning and buying, as well as creative and branding services. Charm has built a full service digital advertising platform, which offers digital campaign capabilities across all key digital media, including search engines, display portals, online video sites and social networking services. Charm also secures advertising inventory and other advertising rights, such as sponsorships and branded content, from premium media networks and resells to clients as part of its integrated media offerings. Charm's clients include China's top domestic brands, as well as some major international brands, across a wide range of industries. Since 2003 Charm has been the top agency every year for China's leading television network, China Central Television ("CCTV"). For more information, please go to http://ir.charmgroup.cn. Safe Harbor Statement This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in 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" and similar statements. All statements other than statements of historical fact in this press release are forward-looking statements and involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These forward-looking statements are based on management's current expectations, assumptions, estimates and projections about the Company and the industry in which the Company operates, but involve a number of unknown risks and uncertainties. Further information regarding these and other risks is included in Charm's filings with the U.S. Securities and Exchange Commission, including its registration statement on Form F-1. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and actual results may differ materially from the anticipated results. You are urged to consider these factors carefully in evaluating the forward-looking statements contained herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by these cautionary statements.
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