China Wireless Announces Strategic Partnership With Jiaxin Consulting Group

China Wireless Announces Strategic Partnership With Jiaxin Consulting Group

DENVER, Jan. 5 /PRNewswire-FirstCall/ -- China Wireless Communications, Inc., (BULLETIN BOARD: CWLC) is pleased to announce that the Company has established a strategic business partnership with Jiaxin Consulting Group, Inc., the advisory/mergers and acquisitions subsidiary of China based Jiaxin Group, Inc. China Wireless plans to expand its telecommunications business, in China, through this partnership.

Pedro E. Racelis III (Pete), President and CEO, commented, "It is our prime objective to improve shareholder value, increase revenues and to establish a broad base of successful acquisitions to complement our existing products and services in China. Jiaxin Consulting Group will become our strategic partner to provide the company with financial and strategic planning, market research and strategic business development in China. In addition, we will strengthen our team by adding senior level executives with experience and leadership skills at the senior management and Director levels."

Qing Li, President of Jiaxin Consulting Group, said, "We see our partnership with China Wireless as an opportunity to bring greater shareholder value to its shareholders as well as to complement its already growing business. This is an exciting opportunity for Jiaxin Consulting and China Wireless."

About China Wireless Communications, Inc.

China Wireless Communications, Inc., headquartered in Denver, CO provides a suite of broadband data services, including support for Internet access and Voice over IP in Beijing, China through its wholly owned subsidiary, In-Touch Communications. We use secure, reliable fixed wireless technology to provide the 'last mile' connection to link bandwidth-hungry businesses to our fiber-optic backbone, and to the networks of our telecommunications partners. Our "Wireless Fiber" services provide the capacity and reliability of fiber-optic networks, over a fixed wireless connection. As a result, we capitalize on faster deployment and maintain targeted capital spending available only through these advanced technologies. Our systems are used to provide redundant high-speed network access connections, Voice over IP and transport services that include IP data, video and ISP services. The Company is publicly traded on the OTCBB under the symbol "CWLC".

About Jiaxin Consulting Group, Inc.

Jiaxin Consulting Group, Inc., a subsidiary of Jiaxin Group, Inc., represents medium sized businesses valued from $10,000,000 to $50,000,000 in China. The company offers a full range of advisory/mergers and acquisition services to buyers and sellers, including valuation and marketing packages to facilitate the sale and acquisition of businesses.

Jiaxin Group, Inc. is a China based financial services institution that provides debt financing and financial guaranty insurance for corporate loans, mortgages, and consumer loans. In addition to debt financing, we buy controlling equity stakes in small and medium sized companies.

The Chinese financial guaranty market is estimated at $24 billion, and the Jiaxin Group is one of the first firms to provide Chinese corporations with multinational debt financing, M&A transactions and guaranty insurance services.

Contact
Mr. Andrew Chen
Advisory Services
The Jiaxin Group, Inc.
86.22.24109077
Email: info@epipoint.com

Forward Looking Statements:


Statements regarding financial matters in this press release other than historical facts are "forward-looking statements". The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially form the expected results.

CONTACT:
Michael Bowden
Vice President of Technology
China Wireless Communications, Inc.
info@chinawirelesscommunications.com
www.chinawirelesscommunications.com
303.277.9968 Office



Source: China Wireless Communications, Inc.

CONTACT: Mr. Andrew Chen, Advisory Services of The Jiaxin Group, Inc.,
86.22.24109077, info@epipoint.com; or Michael Bowden, Vice President of
Technology of China Wireless Communications, Inc., +1-303-277-9968,
info@chinawirelesscommunications.com

Web site: http://www.chinawirelesscommunications.com/


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