China YouTV's CnBoo Web Site Ranks No.1 on Microsoft Live Search Engine

Market Wire, August, 2007

China YouTV Corp. (OTCBB: CYTV), a publicly traded company that provides online video viewing services through its CnBoo web site in China reported that CnBoo.com is currently ranked No.1 among all online video companies in China based on Microsoft's Live Search rankings. Meanwhile, the combined traffic of CnBoo.com increased 49% from May to July, 2007.

"CnBoo is pleased to report that its combined traffic data has increased 49% in just two months. Currently there are over 2 million videos available online to view, upload, and download. These are great numbers for our network and we are very inspired by this high growth rate. It is a sign of CnBoo's success in increasing its brand name and market share through on-line activities," stated Mr.Wei, President of China YouTV Corporation.

The achievement is attributed to additional internet presence, marketing and advertising, as well as delivery of a great product that users enjoy. CnBoo ranked No.1 when entering Chinese keyword "ShiPin" (Online Video in English) on Microsoft's new search engine 'Live Search', which is designed to compete with the industry leaders including Google, Yahoo and Baidu in China. Microsoft provided China Telecom, the largest network operator and internet provider in China with 'Live Search' to serve its 80 million internet users. Please go to the following web site to check the result: http://cnweb.search.live.com/results.aspx?q=%E8%A7%86%E9%A2%91&mkt=zh-

cn&FORM=LIVSOP&go.x=5&go.y=8 (Due to the length of this URL, it may be necessary to copy and paste this hyperlink into your internet browser's URL address field.)

The Data Center of the China Internet (DCCI)'s latest survey reveals that online video has become hotspot of internet development in China, with.76 million video sharing site users, and 98 million Video-on-Demand (VOD) or Live View audience. CnBoo is continued to be encouraged by these figures, as internet video grows in popularity and becomes more of a mainstream utilization of the internet.

About China YouTV Corporation:

The Company signed a Definitive Agreement with HuaJu to set up a Joint Venture in China on March 16, 2007. According to the Agreement, the China YouTV Corp. owns 51% of the joint venture company and will provide the required working capital for the Joint Venture. HuaJu will be in charge of the daily operation of the Joint Venture. HuaJu has agreed to conduct its video sharing business only through the Joint Venture, and has agreed to contribute its web site, www.CnBoo.com and customer contracts to the Joint Venture.

www.CnBoo.com ("CnBoo"), is the online video site belonging to the Joint Venture established by China YouTV Corp. and HuaJu. It is a video viewing site and social networking site that allows users to create their own profiles, post videos, and comment on each other's posts. The CnBoo web site is similar to YouTube ( www.YouTube.com ), the No. 1 online video site in operation. Within less than 2 years, CnBoo already has over 1.2 million members and over 2 million pieces of original digital video (DV) shorts.

To increase membership and CnBoo's brand name awareness, HuaJu has worked both on-line and off-line.

On-line: HuaJu has signed several agreements to enhance its on-line contents, such as an agreement for CCTV's TV program "Exploring High and Low", an agreement with ManGoCity, a travel company, an agreement with Megadia to host Humor channel on CnBoo web site, and the recently signed agreement with Music Nation and VVSky to add more music on its web site.

Off-line: HuaJu has signed several agreements to promote its 3G space cards, such as the agreement with Gome Electrical Appliances Holding Ltd., the largest chain store operator of electrical appliances in China to distribute its 3G digital space cards to Gome customers; an agreement with HURRAY, a NASDAQ listed company, for the launch of 3G experience terminals in Gome's stores; an agreement with ManGoCity, and a promotion agreement with Z-Card. HuaJu also got exclusive right from AIDS Prevention Education Project for Chinese Youth to negotiate with investors to install LED displays in the colleges and universities across China. All LEDs will have HuaJu and CnBoo's logo on it.

The Company has shown increasing popularity as its CnBoo web sites had been ranked No.1 on Microsoft Live, No.7 on BaiDu, No.11 on Yahoo China and No.12 on Google China when searching for keywords: on-line video and on-line video sharing web sites.

The Company has changed its name to China YouTV this year to reflect its new business operations: the fast growing video sharing web site market in China.

Forward-looking statements

This report contains "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts included in this report are forward-looking statements. Forward-looking statements involve risks and uncertainties including, but not limited to, economic and political factors; developments of the Chinese and North American markets and changes in regulatory matters; our business strategies and future plans of operations; the market acceptance and amount of sales of our products and services; our historical losses; the competitive environment within the industries in which we compete; and our ability to raise additional capital, currently needed for expansion.