Thursday, July 15, 2010

New Calling Card - Online Investment

Republic of China Voice Holding Corporation (CHVC) (OTC: CHVC) announced today that it has established a new calling cards service distributed through its wholly possessed subsidiary, Wize Prepaid Inc., to be sold to various ethnic groups placed within the U.S. who are looking for a cost-effective way to call family and friends in their country of origin. The service is marked as "Wize Family and Friends" and is sold through the Company's current Wize Prepaid master allocators.

Wize Family and Friends is a new calling card that deports exceptional value to the caller, enabling very long calls, across international borders, or exceedingly low prices. This innovative product allows a caller to dial out to the a people of his choice, provide the called party with a PIN and a local access number and connect them for hours of talk time. Both callers use a local number; therefore, no additional long distance fees are incurred. Each call enables up to 8 hours of talk time for $1.00 per call.

Bill Burbank, CHVC's CEO, said, "Wize Family and Friends is a armed service that we expect to have a huge effect in the Calling Card industry. The flexibility of the service, also as the value delivered, is unprecedented."

Jose Ferrer, CHVC's COO, stated, "Wize Family and Friends bids a new way to unite people across the world, and it coulded as we know it today. This service is backed by carrier-class alternating systems and a proven and solid IP Network infrastructure. The first product offering is based on $2, $5 and $8 denominations. For example, our $5 card provides 5 calls, each up to 5 hours in length. Initially, we're offering country specific cards to connect with Guatemala, United Mexican States and El Salvador. Additional countries are in our future tense plans and will be announced at a later date. Today, Wize Family and Friends boundaries callers to call to and from the U.S. to a specific country. At a after date, we expect the service to allow callers to accept the ability to call to and from commonwealths other than the U.S. Our initial launch is in Florida this week, then with our master allocator in the Northeast, to be followed quickly throughout the U.S. and select International dispersion partners."

China Voice Holding Corp. ("CHVC") is a U.S. publicly-traded holding company headquartered in South Florida with a portfolio of next-generation communications products and services doing business in the U.S. and People's Republic of China. Through its subsidiaries, the Company provides Voice over Internet Protocol ("VoIP") telephone services, office automation, wireless broadband, unified messaging, video conferencing, VoIP wholesale termination services, prepaid calling products and other advanced voice and data services. China Voice Holding Corp. trades Over-the-Counter and is listed in the Pink Sheets under the symbol "CHVC". CHVC files required financial and disclosure reports with the Securities and Exchange Commission. Additional information may be found at www.chvc.com.

Forward-Looking Statements
The foregoing, including any discussion regarding the Company's future prospects, contains certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve numerous risks and uncertainties, including, but not limited to risks and uncertainties associated with economic conditions in the telecommunications industry, particularly in the principal industry sectors served by the Company; risks and uncertainties inherent in the operation of businesses outside the United States; changes in customer requirements and in the volume of sales to principal customers; the ability of the Company to assimilate acquired businesses and to achieve the anticipated benefits of such acquisitions; competition and technological change; and the ability of the Company to control operating costs and maintain satisfactory relationships with existing and potential vendors. The Company's actual results of operations may differ significantly from those contemplated by any forward-looking statements as a result of these and other factors, including factors that may be set forth in the Company's anticipated filings with the Securities and Exchange Commission.