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Cavico Announces Move to OTC Bulletin Board.


HANOI, Vietnam -- Cavico Corp. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:CVIC CVIC Comox Valley International College (Canada)
CVIC Combat Visual Information Center (USMC)
CVIC Center for Violence and Injury Control
CVIC Aircraft Carrier Intelligence Center
) today announces that their move to the OTC Bulletin Board OTC Bulletin Board

An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system.
 has been completed.

"Our move to the OTC Bulletin Board is an integral part of our growth strategy," said Ha Quang Bui, Cavico's Chief Executive Officer and Chairman. "We believe that being quoted on the OTC Bulletin Board will bring Cavico to the attention of a larger group of potential investors as well as enhance the liquidity of our stock."

Finance 500 filed form 15c2-11 with the National Association of Securities Dealers National Association of Securities Dealers (NASD)

Nonprofit organization formed under the joint sponsorship of the investment bankers' conference and the SEC to comply with the Maloney Act, which provides for the regulation of the OTC market.
 (NASD NASD

See: National Association of Securities Dealers


NASD

See National Association of Securities Dealers (NASD).
) and has been approved to act as the exclusive market-maker for Cavico's stock for a period of 30 days. A 15c2-11 demonstrates that the market-maker has undertaken due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired.  for review and approval by the NASD. The Financial Industry Regulatory Authority Not to be confused with NASD.
In the United States, the Financial Industry Regulatory Authority (FINRA) is a new self-regulatory organization (SRO) under the Securities Exchange Act of 1934, successor to the National Association of Securities Dealers, Inc. (NASD).
 ("FINRA FINRA Financial Industry Regulatory Authority (formerly Securities Industry Regulatory Authority) ") assigned Cavico a new ticker symbol Ticker Symbol

An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors
, "CVIC". The Company has also been issued a new CUSIP number CUSIP Number

An identification number assigned to all stocks and registered bonds. The Committee on Uniform Securities Identification Procedures (CUSIP) oversees the entire CUSIP system.

Notes:
This system is used in the U.S. and Canada.
 for its common stock, 14964V 106.

The OTC Bulletin Board([R]) is a regulated quotation service that displays real-time quotes, last-sale prices and volume information in over-the-counter (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
) equity securities. In December, 2006, the number of average daily securities traded at the OTC Bulletin Board was 3,407, with an average daily number of market-makers of 217. The total share volume at the OTC BB in December, 2006, was 27 billion for a total dollar volume of $3.5 billion.

Public filings for Cavico Corp. can be found at http://www.sec.gov

About Cavico Corp. (OTCBB:CVIC)

Cavico, among the largest non-government owned heavy civil construction contractors in Vietnam, is focused on large infrastructure projects which include the construction of hydropower facilities, dams, bridges, tunnels, roads, mines and urban buildings. Cavico is also making investments in hydropower facilities, cement production plants and urban developments in Vietnam. Headquartered in Hanoi, with 3,000 employees at projects worldwide, the company has offices throughout Vietnam and a satellite office in Australia.

Founded in 2000, Cavico is a major infrastructure construction, infrastructure investment and natural resources conglomerate headquartered in Hanoi, Vietnam. Cavico is highly respected for its core competency in the construction of mission-critical infrastructure including hydroelectric plants, highways, bridges, tunnels, ports and urban community developments. One of the company's primary competitive advantages is its ability to nurture a project "from concept through completion" with a vertical portfolio of interrelated in·ter·re·late  
tr. & intr.v. in·ter·re·lat·ed, in·ter·re·lat·ing, in·ter·re·lates
To place in or come into mutual relationship.



in
 investment, permitting, design, construction management and facility maintenance services. Cavico's project partners include top multi-national corporations and government organizations. The company employs more than 3,000 people. For more information, visit http://www.cavicocorp.com.

Forward-Looking Statements

The statements contained in this Release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including without limitation, statements regarding the Company's expectations, hopes, beliefs, intentions or strategies regarding the future. These forward-looking statements are based on the Company's current expectations and beliefs concerning future developments and their potential effects on the Company. There can be no assurance that future developments affecting the Company will be those anticipated by the Company. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond the control of the Company) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, the Company's ability to successfully and timely complete construction projects; the Company's ability to convert backlog into revenue; the potential delay, suspension, termination, or reduction in scope of a construction project; the continuing validity of the underlying assumptions and estimates of total forecasted project revenues, costs and profits and project schedules; the outcomes of pending or future litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called litigation.
, arbitration or other dispute resolution proceedings; the availability of borrowed funds on terms acceptable to the Company; the ability to retain certain members of management; the ability to obtain surety bonds to secure its performance under certain construction contracts; possible labor disputes or work stoppages within the construction industry; changes in governmental appropriations for infrastructure projects; possible changes or developments in worldwide or domestic political, social, economic, business, industry, market and regulatory conditions or circumstances; and actions taken or not taken by third parties, including the Company's customers, suppliers, business partners, and competitors and legislative, regulatory, judicial and other governmental authorities and officials. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.
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Publication:Business Wire
Date:Apr 3, 2008
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