D. Teddy Zhang Awarded 2010 China's Top 10 Distinguished CEO

November 18, 2010

Nov 3, 2010, Shanghai - HUBS1 President and CEO, Mr. D. Teddy Zhang, was awarded one of China's Top 10 Distinguished CEO during the fourth China CEO Summit Forum 2010, organized by the China Times and China CEO Club, held on October 31, 2010. Other recipients of the award this year include Vanke Group CEO Mr. You Liang, FOSUN Group President and CEO Mr. Liang Xinjun, Enlight Media CEO Mr. Wang Changtian, Chairman of Hanvon Technology Company Mr. Liu Yingjian, and Vancl CEO Mr. Chen Nian. Last year, recipients of the award include Chairman and CEO of Citibank China Mr. Andrew Au, CEO of Nokia Siemens Networks Greater China Mr. Zhang Zhiqiang and President and CEO of Sina Mr. Cao Guowei.

During the Summit, Mr. Zhang delivered a keynote speech on the Post-Expo Development of Modern Tourism Industry in China. Exclusively appointed as the Official Hotel Reservations Service Provider and Sponsor of the Expo 2010 Shanghai, HUBS1 established the largest B2B hotel distribution platform in China that successfully provided hotel reservations services to more than 70 million visitors as well as the official participants of 246 countries and international organizations. In 2009, HUBS1 won the Top 100 awards in both the Asia and Global categories of the Red Herring, which is a renowned and influential global media company in the venture capital industry that identifies and recognizes promising new companies and entrepreneurs. In 2008, Mr. Zhang was awarded The Most Influential CEO for China Hotel Online Distribution, for his extraordinary contributions to China's Hotel Industry. During the 60th anniversary of the People's Republic of China in 2009, Mr. Zhang was recognized as an Outstanding Individual in China Daily's “60 Years, 60 People, 60 Stories” Special Edition that showcases 60 outstanding individuals in different industries that made distinguished contribution to the development of China.

About HUBS1

HUBS1 is the leading next-generation GDS (Global Distribution System) operator in China that provides the hospitality industry with a leading web-based platform to book travel inventory (especially hotel rooms), and to efficiently manage distribution for travel suppliers. Its real-time platform connects the top four GDS in the world and is a gateway between hotels and various distribution channels consisting of thousands of Chinese travel agencies, online hotel-booking wholesalers, corporations, travel meta-search websites, and international travel agencies like Expedia. Since its inception, HUBS1 has made significant achievements including providing exclusive hotel distribution service for the 2007 Shanghai Special Olympics and the World Expo2010 Shanghai. HUBS1 was awarded the “Most Influential Online Distribution Company in China” by the China Hotels Association in 2008 and won both the “2009 Red Herring Asia 100” and “2009 Red Herring Global 100” awards.

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