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VODone "V.Cloud" News Platform Comes into Service

              VODone "V.Cloud" News Platform Comes into Service

New Company Logo Reveals the Core Values of "Micro videos," "News" and the
"Cloud"

PR Newswire

HONG KONG, Feb. 28, 2013

HONG KONG, Feb. 28, 2013 /PRNewswire/ -- VODone Limited ("VODone" or the
"Group"; Stock code: 00082) -- a leading Internet video broadcasting company
in China, is pleased to announce that the "V.Cloud" news platform, which
integrates videos, news, mobile terminal, UGC and SNS into one, comes into
service. "V.Cloud" is a multiple media platform with powerful computing,
storage, search and association functions. At the same time, the Company also
launched a new company logo and mascot which displays the core values of
"Microvideo," "News" and the "Cloud."

The "V.Cloud" news platform adopts the "UGC+SNS" - a user-interaction
experience model. Users are able to upload their own videos on the platform
and associate with the related news, thus becoming members of the particular
circle. The "V.Cloud" news platform can also enable users to interact with one
another and make friends through the platform.

Dr. Zhang Lijun, the Chairman of the Group, said, "There is news happening
every day and the news are mostly delivered to us by texts and images. After
six months of research and development, our R&D team successfully launched the
"V.Cloud" news platform, an integrated platform for Internet users to discover
the news from the moment it happens and experience the process of shooting,
editing, uploading, sharing, associating, extending, publishing and spreading.
The news platform enables users to truly become citizen reporters and discover
the original issue by associating different pieces of news."

In addition, following the launch of the "V.Cloud" news platform, a new logo
was designed for the V1.CN Group. The logo applies the three graphs that are
most commonly used in geometry — the "Triangle" "Square" and "Circle,"
representing the core values of the brand of "Micro video," "News" and the
"Cloud."

The "V.Cloud" news platform mainly covers the video news channel for the PC
and mobile phone users, and nearly 1 billion mobile and 500 million PC users
are included in the target markets. "V1" will become an important tool for
mobile users to upload, browse and publish the news. "V.Cloud" will also
provide games and a lottery channel, thus improving the profit model of the
Group's media business through value-added services.

About VODone Limited

VODone (www.vodone.com) is currently the only Internet video broadcasting
company listed in Hong Kong. The affiliated company of VODone – VODone
Telemedia -- is a State-owned Enterprise which owns the fullest set of
qualifications and licenses in China's New Media industry. It has also
obtained the Information Network Communicated Audio-Video Program License,
Internet News Permit, Value added Telecom Service Operation License, Internet
Publication Permit and all other required licenses, ensuring itself a healthy
development in the future.

VODone IR website: http://ir.vodone.com

SOURCE VODone Limited

Website: http://www.v1.cn
Website: http://ir.vodone.com
Contact: Wang Yufei, +86-1057839055, wangyufei@v1.cn