In a continuing series of announcements related to the internal structure of the company, Sun Business Network (SBN) has announced that it has sold its stake in The Observer Star Global Publishing Holdings Limited to Sun New Media Inc. SBN noted that it will be paid a nominal fee of US$l for its stake. SBN also stated that with this transaction it has completed its rationalization of its China assets allowing it to now concentrate on becoming a content marketing company with capabilities across a wide range of platforms including print, mobile and the Internet.   Source: SBN Press Release, March 26, 2007

BIIA Newsletter April – 2007 Issue