China YouTV's JV Partner Signs Agreements with IT Company to Increase Online Information Content

China YouTV Corp. (OTCBB: CYTV), a publicly traded company that provides online video viewing services through its CnBoo website in China, reports that its Chinese Joint Venture Partner HuaJu has signed an agreement with Beijing Zhide Diankang E-Business Co. Ltd. (Zhide) to exchange online video resources.

According to the agreement, Zhide will provide CnBoo with video service and products as well as video resources. All of these resources have legal copyrights and other related legal rights for license and use. CnBoo will upload these resources onto its website at www.cnboo.com to be accessed, shared and distributed by users. CnBoo will also offer related technical supports and maintenance for its users. Meanwhile Zhide will promote CnBoo as the "designated special area" on its official website www.zol.com.cn . The two parties may also report on specific interests from time to time to promote their collaboration.

www.zol.com.cn belongs to CNET and is considered the most valuable professional IT website in Greater China. Up to October 2006, the combined traffic data of www.zol.com.cn reached 25 million per day and the number of total registered members was 2.5 million.

"Zhide's tremendous collection of professional IT content and its commitment to innovative growth in the IT business make it the perfect partner," said Mr. Wei CEO of CYTV. "This alliance will further accelerate our growth into a world recognized online service channel, providing our website with even greater opportunities to continue strengthen our brand and expand our reach."

For more information, please go to www.chinayoutv.com .

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 website, 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 website 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.

In order to increase membership and brand name awareness as well as moving the company towards sustained profitability, we have worked both on-line and off-line.

On-line:

1. HuaJu has signed a series of agreements to enhance its on-line content for raising brand awareness and membership.

- Travel

-- launched a video site of CCTV's TV program "Exploring High and Low".

-- launched value-added travel services together with ManGocity.com.

- Entertainment & Events

-- Sulake Corporation Ltd. (HABBO) to host "HABBO Original DV Shorts Contest" on CnBoo;

-- VVSky Broadband Media Group to acquire short video programs to feature on CnBoo;

-- Beijing TaiDe Interactive Technology Co. Ltd. to cooperate on video sharing contents;

-- BeiJing SiHaiDongXing Culture and Media Ltd. to develop online videos for high-speed internet users;

-- Youyi Chunqiu Network Technology Ltd. Co. to promote online game "Pick" on CnBoo;

-- Asia Media Group to promote "Creative Tube"-Global Awards of Chinese New Media Creative Tube Contest on CnBoo;

-- Hangzhou Julian Technology Co., Ltd. to jointly host a Video Creativity Competition on CnBoo.

- Music

-- Music Nation Records Company Ltd. to use its audio and video files on CnBoo;

-- Shanghai Yue Sheng Information Technology Co., Ltd. to launch an exclusive music shopping channel on CnBoo;

-- Beijing Da Sheng Chang Xiang Culture Broadcasting Co., Ltd. to promote an album of Chinese pop star Zhang Bo Hong on CnBoo;

-- Beijing Baiyi Xingtu Culture Co., Ltd and Beijing Bermu Culture Development Co., Ltd to launch online streaming service on CnBoo;

-- Beijing Tianyu Brothers Information Technology Co., Ltd. to enhance the online content of CnBoo's new music channel;

-- Beijing Feixingzhe Records Co., Ltd and Beijing Dasheng Xianzhi Culture Co., Ltd to legally broadcast new songs on CnBoo's Music Channel;

- Comedy

-- Bejing Megadia Company to host Humor channel on CnBoo;

- Advertising

-- Unlimited Chance Technology Development Co., Ltd. to share and exchange advertising resources;

-- Shen Zhou Yipin Advertising Co., Ltd. to promote CnBoo on trains.

-- Cai Hua Media AD Ltd. to explore innovative financing opportunities.

2. The Company has signed several revenue-based contracts to move towards sustained profitability.