China Voice Holding Corp. Signs Fourth Chinese Government Contract

Business Wire, July 17, 2007

Company Lands another Large Agency and Remains on Track to Achieve $200M Annual Revenue Target

BOCA RATON, Fla. -- China Voice Holding Corporation (OTC:CHVC), a provider of Internet Telephony, Office Automation, Video Conferencing and Wireless Solutions for government, businesses and consumers in the United States and the People's Republic of China, announced today that its Chinese subsidiary, Beijing CandidSoft Technology Co., Ltd., has signed an agreement with China Railway Electrification Bureau (Group) Co., Ltd. (BCEEB). The contract calls for a customized version of the company's patented SKY OA[TM] Office Automation Application. The customizations will support functions related to public interfacing, machinery management, material management, office administration, planning and statistics, security and quality, human resource, finance, and business development for the Agency. Upon installation, the application will enhance personnel productivity and substantially reduce the costs of paper, human resources, transport, security and records management. CandidSoft expects to have the initial contract phase of this "modernization project" completed during August, 2007. A supplemental contract for the integration of VoIP telephony services for the agency, similar to previously announced contracts with other agencies, is expected to be announced in the very near future.

CHVC's President and CEO Bill Burbank said, "This contract confirms our continued traction with the Chinese Government utilizing our patented and proven SKY OA[TM] platform. There is nothing that compares to this solution and its ability to increase productivity and reduce costs within a very stable and secure environment. Over the coming weeks, CHVC will be announcing additional government contracts for our unique voice and data solutions. Unlike other office automation and VoIP technologies, SKY OA[TM] was developed from the ground up in China for the Chinese market."

Information on the main commercial entity within the China Railway Group, China Railway Electrification Bureau (Group) Co., Ltd may be found at http://www.bceeb.cn/

CandidSoft is an international software company based in the Zhong-Guan-Cun Science and Technology Park in Beijing, China. CandidSoft has used local expertise to research, develop, and establish information and communication platforms for business and government applications. CandidSoft uses "SKY OA" as the product trademark and separates products into three general categories: OA Cooperative Office Solutions, OA Integrated Office Solutions, and OA Unified Processing Solutions. The Company provides office automation and integration services to government, academic and commercial customers and has developed China's first patented Office Automation application, in large part guided by the needs of Chinese Government Agencies. This platform was designed to be very flexible and may be easily modified or extended to meet the specific needs of each Chinese Government Agency. SKY OA[TM] uses a web-based technology and allows multiple workers to collaborate on a single project. The SKY OA[TM] Office Automation platform currently supports over one million users within China.

China Voice Holding Corp. ("CHVC") is a U.S. public holding company headquartered in South Florida with a portfolio of next-generation communications products and services doing business in the People's Republic of China and the U.S. Through its subsidiaries, the Company provides Voice over Internet Protocol ("VoIP") telephone services, office automation, wireless broadband, unified messaging, video conferencing and other advanced voice and data services in the U.S. and in China where the Company has obtained full legal status as a licensed telecommunications company. The Chinese telecommunications market is the largest and fastest growing in the world, with 812 million fixed land line and mobile phone subscribers as of September, 2006. As of December 2006, China had 137 million Internet users, an increase of 23% over 2005. China is expected to overtake the United States as the country with the largest number of Internet users in approximately two years. CHVC's primary focus is on providing its innovative and patented voice and data solutions to government agencies in China. China Voice Holding Corp. trades Over-the-Counter and is listed in the Pink Sheets under the symbol "CHVC". Upon obtaining audits of prior fiscal years, the Company plans to file a Form 10 with the Securities & Exchange Commission ("SEC") to become a full-reporting company during 2007 at which time it will apply for a listing on the NASDAQ Small Cap Market or the AMEX exchange. Prior to the filing of periodic reports to the SEC, the Company is providing publicly-available financial statements and other current information at the pinksheets.com website. 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.