BEIJING, April 29, 2008 (PRIME NEWSWIRE) -- Legend Media, Inc. (OTCBB:LEGE), a rapidly growing advertising business focused on the Chinese radio market, today announced the appointment of Andre Nair to its Board of Directors. Nair's insight gained from 27 years of senior management experience in Asia's media industry will greatly benefit the expansion of Legend's Chinese advertising platform and general operations. Nair is currently the Chief Strategy Officer for J. Walter Thompson & RMG Connect's Asia Pacific operations, a position he has held since July 2007.
"We are pleased to have someone of Andre Nair's caliber join our board. His breadth of experience in the Asian media industry, both strategic and operational, is a great addition to Legend Media and will bolster our board as we work to rapidly expand our offering," said Jeffrey Dash, CEO of Legend Media.
Nair brings to Legend his expertise in media planning, buying, and research gained through years working with a broad spectrum of media platforms from radio to digital entertainment.
After joining the international advertising, marketing and public relations agency Ogilvy & Mather's Singapore office as Media Manager, he was promoted to Media Director for the Asia Pacific region in 1993 and to President of the region's operations in 1996, where he began the agency's media dependent "the network."
Nair then went on to launch MindShare Asia Pacific as co-CEO in 1997. Following his promotion to CEO of South Asia's operations in 2001, he was instrumental in merging the media departments of Ogilvy, JWT & Contract to launch GroupM in India, Sri Lanka, Bangladesh & Pakistan. The new company's success led to Nair's selection as CEO of the Southeast Asia and South Asia regions for GroupM Asia Pacific in 2006.
"I am excited to be part of an innovative company like Legend Media. After 27 years in Asia it is refreshing to work with a team that has a truly unique view and who are dedicated to building a world class organization," said Nair. "I look forward to working with Legend Media's management team to help ensure the company's success by advising on the next phases in its ongoing development and maturation."
About Legend Media Inc.
Legend Media Inc., through its wholly owned subsidiary Well Chance Investments Limited ("Well Chance"), intends to build a leading, consumer advertising network in China that reaches consumers through multiple advertising mediums, with a specific near-term focus on radio. Well Chance is run by its world-class Executive Team, Advisory Board, and Board of Directors. These teams have helped to establish a network of partners in China and the United States that are actively working to build the company's customer base, refine its business development strategies, and identify additional acquisition candidates. Well Chance leverages these partners to manage its relationships with major national and international advertising agencies, while local operators focus on maintaining radio station and advertiser relationships within their local markets.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations, or intentions regarding the future. Since the forward-looking statements relate to future developments, results, or events, these statements are highly speculative and involve risks, uncertainties, and assumptions that are difficult to assess. You should not construe any of these statements as a definitive or invariable expression of what will actually occur or result. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release and the Company and Well Chance assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the Company believes that the beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations, or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in the Company's periodic reports filed from time to time with the Securities and Exchange Commission and available at http://www.sec.gov.