Law Offices of Howard G. Smith Announces Investigation On Behalf of Investors of China Century Dragon Media, Inc.

Law Offices of Howard G. Smith announces that it is investigating potential claims on behalf of purchasers of the securities of China Century Dragon Media, Inc. (“CDM” or the “Company”) (NYSE Amex:CDM) between February 8, 2011 and March 28, 2011, concerning possible violations of federal securities laws. The investigation focuses on allegations that certain statements issued by the Company in connection with its February 8, 2011, public offering regarding CDM’s business, operations and financial condition were false and misleading. CDM is a television advertising company in China that primarily offers blocks of advertising time on certain channels on China Central Television, the state television broadcaster of China and China’s largest television network.

Specifically, the investigation pertains to the Company’s March 28, 2011, disclosure that the Company's registered independent accounting firm had formally resigned its engagement with the Company as of March 22, 2011, and provided the Company with a letter of resignation that informed the Company that due to discrepancies noted on customer confirmations and the auditor’s inability to directly verify the Company’s bank records, the auditor believed these irregularities may be an indication that the accounting records have been falsified.

If you purchased CDM securities between February 8, 2011 and March 28, 2011, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.

China Century Dragon Media Common Stock (AMEX:CDM)
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