GeoSentric Oyj - Company Announcement

CO-OPERATION AGREEMENT ANNOUNCED WITH A MAJOR CHINESE MEDIA COMPANY

GEOSENTRIC OYJ        STOCK EXCHANGE RELEASE March 18, 2011 at 17.10



CO-OPERATION AGREEMENT ANNOUNCED WITH A MAJOR CHINESE MEDIA COMPANY



The Company's wholly owned Chinese subsidiary has recently entered into a
Cooperation Agreement with Sina (Beijing) Information Technology Co., Ltd.,
whose parent company, Sina Corp. is listed on the US NASDAQ market under the
symbol (SINA).  The Cooperation Agreement provides for development, marketing
and distribution co-operation between the two companies for a newly launched"Weilingdi" Location Based Services (“LBS”) and Social Networking Services
(“SNS”) service in China.   Under this agreement, GeoSentric and Sina have
jointly developed the new “Weilingdi” service and Sina will actively market it
to its 100m+ "Weibo" application users.   The "Weilingdi" service combines
Sina's exclusive content such as entertainment, lifestyle information and VIP
assets built on top of the existing "Lingdi" service launched by GeoSentric
last year.   This Cooperation Agreement is a vital step forward in progressing
discussions for a deeper relationship between the two companies potentially
resulting in a joint venture agreement but it is not expected to provide
immediate short-term revenue to the group. 





GeoSentric Oyj





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