--(www.USEquityNews.com)-- 08/19/2008 - Business Services industry alert provided by U.S. Equity News. Business.vn, Inc. (OTCBB:BVNI), a Nevada corporation, a travel tourism and e-marketing company focusing on the Vietnamese market, announced recently that Hotels.vn has now over 400 hotels listed on the premier hotel web portal. The www.Hotels.vn hotel reservation web portal now has over 400 2-5 star hotels advertising on the site, and is one of the very few websites inside Vietnam offering real time e-commerce transactions. This comprehensive online travel web portal has been operating successfully for over 5 years and has a database of over 4,500 Vietnam hotels. Vietnam welcomed 2.5 million foreign tourists in the first half of the year, according to the Government's web portal. June alone saw some 450,000 foreign arrivals, surging 34% over the same period last year. Vietnam attracted a record 45.28 billion USD in foreign direct investment (FDI) in the year's first seven months, a four-time year-on-year increase, according to the Vietnamese Ministry of Planning and Investment (MoPI).

WinSonic Digital Media Group, Ltd. (OTC Bulletin Board: WDMG) announced they have entered into an agreement with IT/IS Telecom Solutions to provide consulting services to WinSonic. IT/IS will develop for WinSonic an integrated enterprise plan and provide consulting services during implementation. This is critical to the roll out of the digital distribution platform WinSonic will provide to Sony, Rainysongs, iTunes, Paramount, Universal, Jump Start, Swagg Media, Cogent, Verizon, AT&T, WinSonic Home Services, and WinSonic Distribution Services. IT/IS consultants have supported over 75 communications-based companies in over 50 countries. The firm is comprised of senior industry professionals with extensive experience in every aspect of communications industry strategy, engineering and operations, and enterprise development. It also is deeply involved with mission-critical communications company network, process and system transformation. "Our legacy is in strategy and operations; and, we are expert in NGN and NextGen BSS/OSS technologies and systems. Our global experience and focus on creating value optimally enables us to support a company like WinSonic through all the lifecycles of its various initiatives. We understand the company's forward-thinking integrated telecom and digital media business model; and, our team is excited about supporting company leadership as it takes these major steps forward," said Robert Hebert, CEO of IT/IS Telecom Solutions.

KongZhong Corporation (Nasdaq: KONG) recently announced that Yunfan Zhou, a co-founder of the Company, has notified the Company's Board of Directors of his intention to resign from his position as the Chief Executive Officer, effective from October 13, 2008, for personal reasons. Mr. Zhou will continue to serve as the Chairman of the Board. Nick Yang, co-founder of the Company with Mr. Zhou, will continue to serve in all of his current positions at the Company, as Director, President and Chief Technology Officer. In addition, the Board has elected Mr. Yang as the Vice Chairman of the Board, effective immediately. The Company is currently considering a number of strong candidates for the CEO position and anticipates a smooth transition. "In the past six years, Nick and I have led the Company in its growth into a leading wireless value-added services and wireless media company in China," noted Mr. Zhou. "I am very proud of what we have achieved, and this success simply would not have been possible without a team of talented, experienced and dedicated management personnel and employees and the steady support and guidance we received from the Board. However, I believe this is the right moment for me to transition to a less active role with the Company in order to spend more time with my family and on other personal interests, which I have not been able to do in light of my daily responsibilities at the Company." Mr. Yang said, "On behalf of the Company, I would like to express deep appreciation for the leadership, dedication and vision that Yunfan, my co- founder, has brought to this remarkable enterprise. During his tenure as KongZhong's CEO, Yunfan has helped us achieve important milestones of good management and strategic positioning. We are confident about the future of both our wireless value-added services and our wireless Internet business, and are delighted that Yunfan will stay on as the Chairman of our Board. I will work with the Board, our management team and all of our employees to ensure a successful, smooth leadership transition and maintain continuity in the relationships we have all worked hard to cultivate with telecommunications operators and our customers."

Elysium Internet, Inc. (OTCBB:EYSM), a next generation Internet advertising and new media Company, recently announced that it has formed a joint venture and now owns 51% of Local Jobs, Inc. Elysium Internet Chairman and CEO Scott Gallagher commented, "We believe a phenomenal opportunity exists for us to become a leader in the local job space utilizing cutting-edge technology to connect employers with job seekers. Our CEO and founder Derek Chisholm has created a scalable technology platform similar to our local directories that should allow us to enter new markets with relative ease. We believe www.TampaBayJobListings.com will be very well received by Florida's largest job market, the Tampa Bay area." Gallagher continued, "After Tampa, we're targeting launching local job sites in all of Florida's major markets by the end of the year and nationally in 2009."

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