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Hi-Tech Wealth Expands Patent Portfolio

Friday, July 13, 2007

Four New Patents Strengthen Leadership in Branded Digital Devices

Beijing, China -- Hi-Tech Wealth Inc. (BULLETIN BOARD: HITW) , a leading consumer sales and marketing company engaged in the development and distribution of proprietary and branded digital mobile devices, today announced that it has received four patents covering the Company's design of its recently launched Solar Mobile Phone. Hi-Tech Wealth launched the Solar Mobile Phone in May 2007.

"Over the past year, we have introduced unique digital mobile devices like the Information Security phone and, most recently, the Solar Mobile Phone. We are so pleased to expand our patent portfolio and protect the innovative features we create and ultimately market to China's niche consumer markets," stated Dr. ZhengYu Zhang, Chief Executive Officer and Chairman of Hi-Tech Wealth.

Today's announcement reflects the following patent awards:

  • Patent No.200620120875.6, which covers the Solar Mobile Phone's built-in battery;
  • Patent No.200620120876.0, which covers the Solar Mobile Phone's handheld design;
  • Patent No.200620148418.8, which covers the Solar Mobile Phone's handheld design;
  • Patent No.200620148417.3, which covers the Solar Mobile Phone's handheld design.

Dr. Zhang concluded, "We have several additional patent applications pending and we'll continue to pursue enhancing our patent portfolio to seek protection for our distinctive features and devices."

About Hi-Tech Wealth Inc.

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 Inc. engages in the development and distribution of proprietary and branded digital mobile devices via direct response TV, internet sales, and through more than 1000 exclusive distributors throughout the PRC. Learn more about Hi-Tech Wealth Inc. at

Certain of the statements made herein constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements typically involve risks and uncertainties and may include financial projections or information regarding our future plans, objectives or performance. Actual results could differ materially from the expectations reflected in such forward-looking statements as a result of a variety of factors, including the risks associated with the effect of changing economic conditions in The People's Republic of China, variations in cash flow, reliance on collaborative retail partners and on new product development, variations in new product development, risks associated with rapid technological change, and the potential of introduced or undetected flaws and defects in products, and other risk factors detailed in reports filed with the Securities and Exchange Commission from time to time.

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