SHANGHAI, Aug. 15, 2013 /PRNewswire/ -- Taomee Holdings
Limited ("Taomee" or the "Company") (NYSE: TAOM), is a leading
children's entertainment and media company in China. In view
of the unusual market activity in the Company's ADS on Wednesday, August 14, 2013, the New York Stock
Exchange has contacted the Company in accordance with its usual
practice. The Company stated that its policy is not to comment on
unusual market activity or rumors.
About Taomee Holdings Limited
Taomee Holdings Limited is one of the leading children's
entertainment and media companies in China driven to deliver exceptional
entertainment to children and families. Founded in 2007, Taomee is
one the first companies in Greater
China to develop animated franchises for children through
online virtual world that are both fun and educational. The
Company's virtual worlds are widely trusted by millions of parents
and caregivers across Asia. The
Company's Mole's World and Seer franchises and characters have
reached millions of children and families through virtual worlds,
books, monthly print magazines, interactive toys, mobile
applications, animated television series and movies. For more
information, please visit: http://www.taomee.com/en_taomee.html
Visit online virtual world communities at www.61.com
Watch animations and films at http://v.61.com/
Download mobile games and applications at
http://m.61.com/
Share with other parents and caregivers at http://mama.61.com/
Safe Harbor Statements
This press release contains statements that may constitute
"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, and as defined in the
U.S. Private Securities Litigation Reform Act of 1995.
Forward-looking statements can be identified by words or phrases
such as "may," "will," "expect," "anticipate," "aim," "estimate,"
"intend," "plan," "believe," "potential," "continue," "is/are
likely to" or other similar expressions. Among other things, the
management's quotations and outlook information contain
forward-looking statements. These forward-looking statements
involve known and unknown risks, uncertainties and other factors
which may cause our actual results, performance or achievements to
be materially different from those expressed or implied by the
forward-looking statements. Potential risks and uncertainties
include, but are not limited to: the Company's business strategies
and initiatives as well as business plans; future business
development, results of operations and financial condition;
expected changes in revenues and certain cost or expense items;
expectations with respect to increased revenue growth and the
Company's ability to sustain profitability; the Company's services
and products under development or planning; the Company's ability
to attract users and further enhance the Company's brand
recognition; and trends and competition in the children's
entertainment and media market and industry, including those for
online entertainment. Further information regarding these and other
risks is included in Taomee's filings with the U.S.
Securities and Exchange Commission, including its registration
statement on its final prospectus dated June 10, 2011. All
information provided in this press release is as of the date of the
press release, and the Company undertakes no obligation to update
any forward-looking statements to reflect subsequent occurring
events or circumstances, or changes in its expectations, except as
required under applicable law. Although the Company believes that
the expectations expressed in these forward looking statements are
reasonable, the Company cannot assure you that their expectations
will turn out to be correct, and investors are cautioned that
actual results may differ materially from the anticipated
results.
SOURCE Taomee Holdings Limited
