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Focus Media Announces Changes to Senior Management
Monday, January 26, 2009 7:30 AM


SHANGHAI, China, Jan. 26 /PRNewswire-Asia/ -- Focus Media Holding Limited (Nasdaq: FMCN), China's leading multi-platform digital media company, today announced that Jason Jiang, Focus Media's executive chairman, will resume his position as chief executive officer to replace Dr. Tan Zhi who will continue with the Company as an executive director.

Focus Media further announced the appointment of Alex Deyi Yang as acting chief financial officer. Mr. Yang will replace Daniel Wu, who intends to pursue other professional interests. These management changes are effective as of today.

'We would like to express our gratitude to Daniel for his dedicated service to Focus Media and his achievements in strengthening the management and operations and enhancing the financial and internal controls of the company,' said Jason Jiang, chairman and current chief executive officer of Focus Media. 'On behalf of the company, we wish Daniel success in his future endeavors.'

Jason Jiang further commented, 'I am excited to resume my position as chief executive officer and take the lead in the management of Focus Media's operations. I also look forward to continuing to work with Dr. Tan and the management team towards the ongoing success of Focus Media's business and operations. We would also like to welcome Alex Deyi Yang to his new position as acting chief financial officer. As our general counsel since August 2004, Alex has been actively involved in all of the material transactions of our company since before our initial public offering, including all acquisitions and financings. He is extremely familiar with the company's operations and finances and will contribute a great deal of experience and knowledge to the job.'

Prior to joining Focus Media in August 2004, Mr. Yang was general counsel of Linktone Ltd., a Nasdaq listed wireless value-added services company, from October 2002 until June 2004. Prior to that, Mr. Yang was an attorney at Commerce & Finance Law Offices in Beijing. Alex graduated from Shanghai International Studies University with a degree in finance and holds an LLM degree from Fudan University. ir@focusmedia.cn

In addition, Focus Media announced the appointment of Michael Xu as vice president of finance. Mr. Xu joined Focus Media in October 2008.



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