MDGC MediaG3 Inc (CE)

MediaG3 Inc. (OTCBB � MDGC), a leading developer for broadband wireless product and interactive rich-media content delivery applications announced today that its wholly owned Chinese subsidiary, Oriental Media has signed a service contract with WaiGaoQiao Import and Export Trading Company (�WGQ ImEx�). The contract will bring projected content delivery revenue over $2M for 2009. The Company will provide WGQ ImEx with digital content delivery services utilizing MediaG3�s permission-based rich-media email and e-magazine applications. Sam Tan, Vice President of Oriental Media stated, �We have been engaged to effectively help WGQ ImEx to expand their clients both in China and internationally�. WGQ ImEX services Global Fortune 500 clients such as 3M, Kodak, Sony, LG and Intel, just to name a few. �We are very excited to have Oriental Media as our business partner to assist us in our ambitious growth for many years to come,� said Ms. Huang Chung Ying, Chief Marketing Officer of WGC ImEX. �WGQ ImEx offers significant tax incentives, hence a great competitive edge to better serve our clients� added Ms. Huang. About MediaG3, Inc. MediaG3, Inc. develops and markets broadband wireless technology products and online applications that empower interactive content delivery to today's fixed and mobile consumers. MediaG3 has signed a $10 million broadband wireless product supply contract, and is in preparation of launching its China Pilot Project, which has been approved by Chinese Ministry of Commerce and State Administration of Radio, Film and Television, as well as financially supported by the US Trade and Development Agency. With signed contracts and additional business in discussions, the company is expected to reach over $20M in revenue in 24 months. www.mediag3.com. About Oriental Media, Inc. Oriental Media is a privately held company in China and a wholly owned subsidiary of MediaG3, Inc, a Delaware corporation. Oriental Media is focused on China market for mg3 mobile, a digital interactive communication service for mobile devices and mg3 web 2.0+, a social network platform with rich-media interactive marketing applications and China Green eMagazines. Oriental Media�s main operation is located in Shanghai, China with sales and distribution offices nationwide. www.orientalmedia.com. Forward-looking Statement Forward-looking statements such as "believe," "expect," "May," "plan," "intend," etc., contained herein are within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties and are based on the Company's beliefs and assumptions it made using information currently available to it and which reflect current views concerning those future events. Actual results could differ materially. Factors that could cause results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to, the volatility of trading markets, the Company�s limited operating history, the inability to obtain additional capital, the Company�s unproven business model, the risks of doing business in China, and other factors discussed in filings made by the Company with the Securities and Exchange Commission.