MARINA DEL REY, Calif.--China Youth Media, Inc. (OTCBB:CHYU), a China focused youth marketing and media company, announced today that it has secured the rights to utilize and exploit a Mobile Video License to distribute content via wireless networks throughout China.

MARINA DEL REY, Calif.--(BUSINESS WIRE)--China Youth Media, Inc. (OTCBB: CHYU), a China focused youth marketing and media company, announced today that its operating subsidiaries, Youth Media Hong Kong (YMHK) and Youth Media Beijing (YMBJ), have entered into a Joint Venture Agreement with Xinhua Finance Media Limited (Nasdaq: XFML), a leading China based media and entertainment company, and China Youth Interactive, a Chinese government controlled company.

MARINA DEL REY, Calif.--(BUSINESS WIRE)--Digicorp, Inc. (OTCBB:DGCO - News), a China focused youth marketing and media company, today completed a name change and symbol change. Effective today, October 16, 2008, the Company’s name is China Youth Media, Inc., and its stock ticker has changed from DGCO to the new ticker symbol of CHYU (OTCBB:CHYU). Shareholders are advised to take note of this change.

Digicorp, Inc. (OTC BB: DGCO), a China focused youth marketing and media company, today announced that it has retained the services of American Capital Ventures (ACV), a leading provider of comprehensive investor relations services to the small cap community.

MARINA DEL REY, Calif.--(BUSINESS WIRE)--Digicorp, Inc. (OTCBB:DGCO - News) , a China focused youth marketing and media company, announced that certain initiatives, including a name change, have been ratified by shareholders.

On September 10, 2008, shareholders representing a majority of the voting securities of Digicorp gave their written consent to change the name of the company from "Digicorp, Inc." to "China Youth Media, Inc." The Corporate Name Change is expected to become effective by approximately October 15th, at which time the Company will trade under a new symbol.

MARINA DEL REY, Calif.--(BUSINESS WIRE)--Digicorp, Inc. (OTCBB:DGCO) announced today that it has entered into a content agreement with Footprint Worldwide, Inc., a branded entertainment and content company in Los Angeles, Beijing and Shanghai that has a strategic partnership with sports marketing pioneer, James Warsaw. This agreement serves as an important step in advancing Digicorp’s China youth marketing strategy.

MARINA DEL REY, Calif.--(BUSINESS WIRE)--Digicorp, Inc. (OTCBB:DGCO) announced today that its wholly owned subsidiary Youth Media (HKG) Limited has entered into a 20 plus 10 year Cooperation Agreement for exclusive advertising and media rights with China Youth Net (CYN). This contract uniquely positions Digicorp to market to China’s massive but hard-to-reach student population online, on campus and via mobile. CYN is the Chinese government agency which oversees Internet activity for China’s student population of more than 70 million young people between the ages of 14 and 28.

MARINA DEL REY, Calif.--(BUSINESS WIRE)--Digicorp, Inc. (OTCBB:DGCO) announced today that it has entered into a content license agreement with New China Media, LLC, an aggregator of American and European content for China-based media companies. Additionally, Digicorp’s wholly owned subsidiary Youth Media (Hong Kong) Limited has entered into a content supply agreement with New China Media and Yes TV (Hong Kong) Limited, a content aggregator in Asia providing, among other things, live and delay broadcast for distribution and transmission via telecommunications networks.