SOURCE: Dixon, Perot & Champion Corp.

July 09, 2007 12:23 ET

Dixon, Perot & Champion Corporation Reports Favorable Core Sample Results From Its Property in Northern China

NEW YORK, NY--(Marketwire - July 9, 2007) - Dixon, Perot & Champion Inc. (PINKSHEETS: DXPCF) has completed initial exploration operations on their 519 property located in Northern China. The Company's exploration results have revealed four primary Diamondiferous Kimberlite bodies that start at approximately 250 meters below surface. The exploration has identified the pipes to a vertical depth of 600 meters. Kimberlite pipes and dykes are the Geological features which host diamond deposits. These kimberlite pipes are associated with the Sino-Korean Craton (North China Craton). North China Craton covers an area of 1.7 million km(2) across most of northern China, the southern part of northeastern China, Inner Mongolia, the Bohai Bay and the northern part of the Yellow Sea. This Craton is believed to be highly prospective for diamonds because the ordovician aged kimberlites have traversed the Archean Mantle. This significant geological formation has historically proven to offer increased potential for formidable diamond accumulation. Dixon, Perot & Champion will report on additional findings regarding the 519 North China properties as information becomes available.

About Dixon, Perot & Champion Corp.

Dixon, Perot & Champion Inc. is a leader in the gemstone industry. We specialize in receiving uncut gemstones from the mines and creating exquisite finished products. The goal of Dixon, Perot & Champion Inc. is to continue to successfully lead the industry in processing Colombian emeralds as well as other gemstones. After much research, we have developed an outstanding process for gem cutting and cleaning. We also pride ourselves in the honesty and integrity in which we conduct our business. Dixon, Perot & Champion Inc. continues to stay on the cutting edge of the gemstone industry by ongoing research and technological innovation. In the past few years the company has boldly invested in mining and exploration in the country of China with the intent of developing and operating its own diamond mine. As a result we are able to provide the customer with a greater selection of gemstones and an excellent value for their investment.

www.dixonperotandchampion.com

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are forward-looking statements are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties, or other factors which may cause actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. All information in this release is as of the date of this release. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.

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