Network CN Signs New Contract for 28 LED Video Panels and 24 Light Boxes on Shanghai's Nanjing Road

Network CN Signs New Contract for 28 LED Video Panels and 24 Light Boxes on Shanghai's Nanjing Road

June 27, 2007

Contract revenues expected to begin by mid-August


    NEW YORK, June 26 /Xinhua-PRNewswire-FirstCall/ --
Network CN Inc. 
(OTC Bulletin Board: NWCN), a Chinese media and travel
network company headquartered in Hong Kong, today announced
that it has entered into an agreement to operate 52
two-sided rolling poster frame outdoor advertising panels
located in the pedestrian mall on Nanjing Road (Nanjing Lu)
in Shanghai.  Network CN plans to convert 28 of the poster
frames into LED digital video panels. Network CN will also
convert the remaining 24 displays to bigger rolling light
boxes to match the size of the new LED digital video
panels.

    The agreement, which could generate revenues for the
Company by mid-August, 2007, extends through January, 2011.
 It was signed between Shanghai Chuangtian Advertising
Company Ltd. and Network CN's subsidiary, Shanghai Quo
Advertising Company Ltd.

    "All the panels are located in the pedestrian mall
on Nanjing Road, which positions them ideally to capture the
attention of our clients' target audience.  Together with
the rights to two mega-size digital video billboards that
we obtained in May 2007, we will have rolling light boxes,
roadside LED panels and mega-size LED billboards covering
the whole of Nanjing Road's pedestrian mall.  This is
another significant milestone in the expansion of our media
network business in Shanghai, one of the key metropolitan
areas in China," Godfrey Hui, Chief Executive Officer
of Network CN, commented.  "We are committed to
creating value for our clients by leveraging our network
coverage of the most exciting, highly visible areas in
metropolitan China, spanning Beijing, Shanghai, Nanjing,
and Wuhan."

    Nanjing Road is one of the most visited tourist
attractions in Shanghai, with more than 600 stores,
restaurants and art galleries.  It is the "Number One
Commercial Street in China" in terms of total annual
revenues.  The prominence of Shanghai is growing as the
2010 Shanghai Expo approaches, spotlighting the Company's
outdoor media presence.

    "With the world-class events scheduled to take
place in China in the next few years, we have secured a
first-mover advantage in providing the highest-profile
exposure for our clients' advertising," Mr. Hui
added.
    Please visit the Company's website
(http://www.ncnincorporated.com) for more details.

    About Network CN Inc. Headquartered in Hong Kong,
Network CN Inc.'s 
vision is to build a nationwide network in China that
serves the needs of a variety of customers. The Company
operates a Media Network, a Hotel Network and an e-Network.
As of March 31, 2007, the Company had obtained rights to
install and operate 540 roadside digital video panels and 2
mega-size digital video billboards in the PRC.  The Company
also had five 2 - 4 star hotels in the PRC and roughly 730
hotel rooms under management.

    This press release includes statements that may
constitute "forward- looking" statements, usually
containing the word "believe,"
"estimate," "project,"
"expect," "plan,"
"anticipate" or similar expressions. Forward-
looking statements inherently involve risks and
uncertainties that could cause actual results to differ
materially from the forward-looking statements. Factors
that would cause or contribute to such differences include,
but are not limited to, continued acceptance of the
Company's products and services in the marketplace,
competitive factors and changes in regulatory environments.
These and other risks relating to Network CN Inc. business
are set forth in the Company's Quarterly Report on Form
10-QSB filed with the Securities and Exchange Commission on
May 21, 2007, and other reports filed from time to time with
the Securities and Exchange Commission. By making these
forward- looking statements, Network CN Inc. disclaims any
obligation to update these statements for revisions or
changes after the date of this release. Source: Network CN
Inc.

    Company Contact:  
    Stanley Chu, General Manager
    Network CN Inc.
    Tel: [phone]

    Investor Relations
    Sean Collins, Senior Partner
    CCG Elite
    Tel: [phone]