FAB Universal Corporation announced that it has entered into agreements with Time Antaeus Cinema and Shouhang Supermarkets to open multiple FAB branded media and entertainment retail mini-stores. These agreements create a new channel to open digital media retail store-in-stores and install FAB intelligent media kiosks in high traffic locations. While consumers come to the cinema to enjoy the latest blockbuster or shop for their weekly groceries at the local supermarket, FAB's Intelligent Media Kiosks will provide convenient download services directly to customer's smart phones for digital content such as high quality films and popular music.

FAB will also offer kiosk membership cards, CD's, DVD's and other entertainment retail products. According to the agreements, the partners will provide retail space inside their locations free of charge to FAB Universal to build and operate FAB branded digital media stores and intelligent kiosk destinations. FAB and its partners will share in the revenue proportionately.

The first 3-5 locations will open in the first half of 2013 in Beijing, Chengdu and Guangzhou.