Hi-Tech Wealth Inc. Launches Solar-Powered Mobile Phone

Business Wire, May 15, 2007

- First Commercialized Light-Energy Phone Launched in Beijing -

- 50,000 Units Pre-Ordered -

HONG KONG & BEIJING -- Hi-Tech Wealth, Inc. (OTCBB: HITW), a leading consumer sales and marketing company engaged in the development and distribution of proprietary and branded digital mobile devices, today announced the launch of the world's first commercialized solar-powered mobile phone, the "S116."

When exposed to direct sunlight for 60 minutes, the S116 battery allows for 40 minutes of talk time. Even when exposed to "weak light" such as sunlight on an overcast day, indoor lighting or candle light, the S116 generates enough electricity to charge the battery. Additionally, the S116 solar-powered mobile phone incorporates Hi-Tech Wealth's established and well-known information security technology, supports a T-Flash card and features a 1.3 megapixel camera. Over 20 patents have been filed in China to protect the S116's advanced technology. The S116 retails in China for USD$510.

Dr. ZhengYu Zhang, Chief Executive Officer and Chairman of Hi-Tech Wealth stated, "The S116 is a revolutionary product, with unique concepts and features not available anywhere else. The launch of the S116 demonstrates our ability to deliver proprietary and unique products to the high-end consumer market within the PRC. We are delighted with the unprecedented response thus far and have already received pre-orders for 50,000 units."

"Today's announcement reflects the successful combination of the world's leading solar-energy and mobile telecommunication technology. We believe that, like our Information Secure Phone and Lady's Smart Phone with Music Player, the S116 should further solidify our premier brand recognition throughout China's luxury market," concluded Dr. Zhang.

About China Hi-Tech Wealth

With over two million of the Company's "Shang Wu Tong" branded mobile devices sold in China today, Hi-Tech Wealth Inc. is an integrated, multi-channel consumer sales and marketing company. Hi-Tech Wealth engages in the development and distribution of proprietary and branded digital mobile devices via direct response TV, internet sales, and through more than 800 exclusive distributors throughout the PRC. Learn more about Hi-Tech Wealth Inc. at http://www.htwchina.com.