Cavico Corporation Reassigned New Ticker Symbol: CAVN.

LOS ANGELES & HANOI, Vietnam -- Cavico Corp., Vietnam's leading non-government owned company in construction of hydropower facilities, dams, bridges, roads, mines, urban buildings and other infrastructure projects, announced today its new ticker symbol is "CAVN."

Cavico, which previously traded under CVCP on Pink Sheets, has filed a Form 10 with the United States Securities and Exchange Commission ("SEC") and is attempting to re-list on the Over-the-Counter Bulletin Board.

Tim Pham, Cavico's VP and Director, said, "The reassignment of our ticker symbol is a direct result of our efforts to resume trading. We are in regular communication with the SEC regarding the amended Form 10 and with The Financial Industry Regulatory Authority ("FINRA") on the 15c-211 application. As investors know, we are waiting to receive comments so that we can move forward. While our application is still pending approval, this is an encouraging first step towards active trading again.

"We would like to thank our investors for the support they have shown to our company. And we encourage our investors to visit our website for the company's updates and other important press releases which may not have been shown via media means while a symbol was not assigned to us. We look forward to announcing our re-listing."

Cavico Corporation's stock is not currently traded. The company has submitted an amended Form 10 containing financials to the United States Securities and Exchange Commission ("SEC"). Cavico has filed a Form 15c-211, through The Financial Industry Regulatory Authority ("FINRA"), with the view of having Cavico's common stock to be re-listed. Cavico has been assigned a new ticker symbol, CAVN. 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/cavnprofile.aspx.

About Cavico Corporation

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 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/cavnprofile.aspx.

For investor relations questions, contact Antonella Montagna or Frank Hawkins, Hawk Associates, at 305-451-1888, e-mail: [e-mail], or visit http://www.americanmicrocaps.com or http://www.hawkassociates.com. To receive free e-mail notification of future releases for this company, sign up at http://www.hawkassociates.com/email.aspx.

Safe-Harbor Statement

This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including statements regarding potential sales, the success of the company's business, as well as statements that include the word "believe" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Cavico Corporation to differ materially from those implied or expressed by such forward-looking statements. Such factors include, among others, the risk factors included in reports filed with the SEC under the Exchange Act. This press release speaks as of the date first set forth above and Cavico Corporation 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.