Press Releases

NEW YORK, Feb. 10, 2012 /PRNewswire/ -- YOU On Demand Holdings, Inc. ("the Company"), China's leading national Pay-Per-View (PPV) and Video On Demand (VOD) platform, today announced the completion of a 75-to-1 reverse stock split of the Company's common stock, effective for shareholders of record on February 13, 2012. 

"The purpose of this reverse stock split is to improve YOU On Demand's prospects of successfully listing its common stock on the NASDAQ Capital Market," said Shane McMahon, Chairman and CEO of YOU On Demand.

YOU On Demand shareholders will receive one new share of the Company's common stock for every 75 shares held. The reverse stock split will reduce the number of shares issued from approximately 1.1 billion to approximately 14.5 million on a fully diluted basis, and will not negatively affect any of the rights that accrue to holders of YOU On Demand common stock, preferred stock, or options.

About YOU On Demand Holdings, Inc.

YOU On Demand is the leading national Pay-Per-View and Video On Demand platform in China. The Company offers high quality premium content to customers across China through its Near Video On Demand (NVOD), Video On Demand (VOD) and Subscription Video On Demand (SVOD) services. The Company consists of a portfolio of businesses that include alliances with leading media operators, comprehensive end-to-end content delivery, an exclusive billing solution, governmental partnerships and approvals, and value added services.YOU On Demand has secured strategic partnerships with the largest media entities in China, and has a highly experienced management team with a strong background in Cable, Television, Media and Telecom. The company is headquartered in New York, NY, with its China headquarters in Beijing.  For more information, visit http://www.yod.com.

SafeHarbor Statement

This press release contains certain statements that may include "forward looking statements." All statements other than statements of historical fact included herein are "forward-looking statements." These forward looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

SOURCE YOU On Demand Holdings, Inc.

DALLAS, Feb. 10, 2012 /PRNewswire/ -- Kimberly-Clark Corporation (NYSE: KMB) will webcast its participation in the 2012 Consumer Analyst Group of New York (CAGNY) conference from 4:15 p.m. to 5:15 p.m. ET on Thursday, Feb. 23. Mark Buthman, Senior Vice President and CFO, will give a presentation about the company's strategies for growing its global consumer, professional and health care businesses and will subsequently answer questions from conference attendees.

A link to the broadcast and related presentation slides will be provided through the Investors section of Kimberly-Clark's Web site at www.kimberly-clark.com.

Kimberly-Clark and its well-known global brands are an indispensable part of life for people in more than 175 countries. Every day, nearly a quarter of the world's population trust K-C brands and the solutions they provide to enhance their health, hygiene and well being. With brands such as Kleenex, Scott, Huggies, Pull-Ups, Kotex and Depend, Kimberly-Clark holds the No. 1 or No. 2 share position in more than 80 countries. To keep up with the latest K-C news and to learn more about the company's 140-year history of innovation, visit www.kimberly-clark.com.

SOURCE Kimberly-Clark Corporation

PHILADELPHIA, Feb. 10, 2012 /PRNewswire/ -- Another mass federal lawsuit has been filed in Philadelphia on Friday, continuing the fight against the NFL by former players for concussion-related dementia and brain disease.

The latest lawsuit is one of the largest to date and names over 62 former players and 30 of their wives. The players include Seth Joyner, former linebacker for the Philadelphia Eagles, Arizona Cardinals, Green Bay Packers and Denver Broncos. Jeremiah Trotter, linebacker with the Philadelphia Eagles. Bob Landsee, former Eagle and the current owner of the Milwaukee Mustangs of the Arena Football League. Some of the other former players involved in the suit include center Steve Everitt, defensive tackle Andy Harmon, defensive lineman Glen Steele, linebacker Michael Stonebreaker, center Dave Alexander, running back Gary Ellerson, defensive back William Frizzelle, running back Richard Bielski, offensive lineman Leo Goeas, cornerback Jerry Holmes, as well 48 other players.

The complaint alleges fraud and negligence against the NFL and accuses the league of hiding medical evidence about the risks of concussions and failing to warn players they risked permanent brain injury if they returned to play too soon after they had sustained a concussion.

"Thе NFL knew аbουt thе debilitating аnd permanent effects οf head injuries аnd concussions thаt regularly occur аmοng professionalplayers, уеt ignored аnd actively concealed those risks," ѕаіd Gene Locks, one of the attorneys representing the players.

Craig Mitnick, who represents over 100 players and is Locks co-counsel to the suit, said "the NFL concussion issue is one whose time has come after being covered up, profitably hidden for many decades. It is long overdue," Mitnick said.

Britt Hager, a former linebacker for the Philadelphia Eagles and Denver Broncos commented, "If the NFL knew that our futures were at risk and covered that medical evidence up, shame on them, they need to do what is right by us."

All court filing can be viewed at www.playerinjury.com

SOURCE PlayerInjury.com