Cavico Corp. Announces Filing of Form 10, Completion of Financial Audits for Fiscal Years 2005 and 2006, and Unaudited Operating Results for First Half of 2007.

LOS ANGELES & HANOI, Vietnam -- Cavico Corp., ("Cavico" or the "Company"), Vietnam's leading private company in construction of hydropower facilities, dams, bridges, roads, mines, urban buildings and other infrastructure projects, announced today it has completed and filed its Form 10 (Accession Number: 0001144204-07-055737) with the United States Securities and Exchange Commission ("SEC"). As part of this filing the company also finalized and included the audit of its Fiscal Year ended December 31, 2006 and 2005 and the unaudited results of the six months ended June 30, 2007.

Cavico CEO Ha Quang Bui, said, "We have completed our audits for Fiscal Year end December 31, 2005 and 2006 and have filed a Form 10 with the SEC. With this filing, which can be found at www.sec.gov, our shareholders now have access to current financial information regarding Cavico Corp. By providing this information we believe we have taken a large step in restoring shareholders confidence in Cavico. Once the SEC completes its review process of the Form 10, Cavico will file a Form 15c-211, through an NASD member firm, with the view of having Cavico's common stock listed on the Over-the-Counter Bulletin Board. At the time of such listing shareholders with unrestricted common stock of Cavico will be able to trade the same on that market.

"The Form 10 provides investors with a complete and clear explanation and accounting of our operations. We intend to provide the international investment community with the most transparent accounting possible of our operations as a fully reporting company."

Cavico has recently begun focusing on other types of infrastructure development such as clearing roads, divvying parcels for residential, commercial and industrial districts and building ports. The company also joined with other domestic investment partners in forming an aircraft leasing company.

"Our reputation as Vietnam's premier non-state-owned construction and engineering firm has helped to solidify our relationship with strategic partners focused on Vietnam's infrastructure development. We have just begun a second project, working again with Petro Vietnam and other partners to develop industrial parks and urban infrastructure construction. We plan to continue studying and pursuing other construction projects both in Vietnam and overseas, as well as investing in other fields," Ha Quang Bui said.

The company's stock is not currently traded. In order to obtain information about the company and news updates, investors may visit the company website, http://www.cavicocorp.com or its investor relations website at http://www.hawkassociates.com/cvcpprofile.aspx.

About Cavico Corp.

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 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 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.

A profile for investors can be accessed at http://www.hawkassociates.com/cvcpprofile.aspx.

For investor relations questions, contact Frank Hawkins or Julie Marshall, Hawk Associates, at [phone], e-mail: [e-mail], or visit http://www.americanmicrocaps.com or http://www.hawkassociates.com. In order to receive free e-mail notification of future releases for this company, sign up at http://www.hawkassociates.com/email.aspx.

Forward-Looking Statements 

This press release contains certain forward-looking statements. These forward-looking statements can generally be identified as such because the context of the statement will include words such as Cavico plans, expects, should, believes, anticipates or words of similar import. Stockholders, potential investors and other readers are cautioned that these forward-looking statements are predictions based only on current information and expectations that are inherently subject to risks and uncertainties that could cause future events or results to differ materially from those set forth or implied by the forward-looking statements. This press release speaks as of the date first set forth above and Cavico Corp. assumes no responsibility to update the information included herein for events occurring after the date hereof. Actual results could differ materially from those anticipated due to factors such as the lack of capital, timely development of products and services, inability to deliver products and services when promised, inability of potential customers to pay for ordered products and services, and political and economic risks inherent in international trade.