Asian Stock Review Initiates Coverage of China Voice Holding Corp.

DALLAS -- China Voice Holding Corp., (OTC:CHVC) a provider of Internet Telephony, Office Automation and Wireless solutions for government, businesses and consumers in the People's Republic of China and the United States, announced today that the Asian Stock Review has initiated coverage of the Company.

"We are initiating coverage on China Voice Holding Corp. on the heels of its 5th acquisition announcement," stated Alain Lewand, editor with the Asian Stock Review. "The sheer magnitude of the burgeoning telecommunications industry in China (812 million fixed land line and mobile phone subscribers), has led us to look for opportunities in the lower priced category of securities. The industry leaders are well known, such as China Mobile (CHL), China Telecom (CHU) and China Netcom (CN), which is reflected in their per share price, which averages $50 per share. In addition, their market capitalizations are $21, $19 and $10 billion respectively. Our goal, which is two-fold, is to find lower cap and lower priced companies in the Chinese Telecom sector and secondarily to introduce these client companies to our subscriber base of investors, who have an interest in this particular sub-sector of the Asian market. What we find attractive about China Voice is that they are one of the first non-state owned telecommunications providers to hold a license to legally operate next generation telecommunication services in China. They are additionally fully cognizant of the highly competitive nature of their markets and have wisely chosen to partner and enter into licensing agreements with several large Chinese Telco's which enables China Voice to work cooperatively instead of competing directly with them. We look forward to reporting on their progress in the coming year."

To access the Initiation of Coverage Report:

http://www.asianstockreview.com/chvc/

China Voice Holding Corp. ("CHVC") is a U.S. public holding company headquartered in Dallas, Texas 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, hosted groupware, mobility services and other advanced voice and data services 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 of 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 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 in 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.ChinaVoiceCorp.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.