Moqizone Holding Corp. Hires Steve Firestone as President and COO

NEW YORK, NY--(Marketwire - Apr 17, 2012) - Moqizone Holding Corporation (PINKSHEETS: MOQZ) is pleased to announce and welcome Steve Firestone as President and Chief Operating Officer of its US based holding company. Moqizone is refining its business strategy to include the acquisition of spectrum and its utilization in the advancement of wireless services in the global media, data, security, public safety and energy sectors. Mr. Firestone possesses more than 30 years of C-level experience in corporate strategy, marketing and operations. He has demonstrated successes in developing and leading revenue and profitability initiatives in both smaller, emerging businesses and Fortune 500 companies.

As founder and CEO of his consulting practice, The Firestone Group, Mr. Firestone has led the development of the strategic and business plan for several technology start-ups in the alternative energy, bio-coal, security and mobile banking industries. He was Senior Vice President of the corporate consulting practice for Wasserman Media Group, where he provided business and marketing strategy for global brands like Nokia, T-Mobile and American Express. Mr. Firestone was also Chief Marketing Officer and EVP of Sales at Entergy Security Corporation, a subsidiary of Entergy Corporation, an integrated energy utility company, where he led the start-up and growth of Entergy's security services business. Mr. Firestone has also led the acquisition and integration efforts for over 50 security industry transactions. He has also held senior executive leadership positions with Office Depot and Commonwealth Security and was Chief Operating Officer of Peoples National Bank.

"I am pleased that Steve has agreed to join our team. Steve's proven leadership, operating experience and vision complements our existing management team and will provide C-level guidance as we anticipate accelerated global expansion of our business. His experience in building strategic alliances, M&A deals and operating businesses will be a real asset to our organization," stated Robert Shiver, Moqizone Chairman and CEO.

"I'm honored and very much look forward to working with Bob and the rest of the global Moqizone management team. My experience in technology driven businesses has allowed me to recognize the importance of wireless innovation and spectrum as the foundation for the continued growth of these industries. Spectrum is quickly becoming one of the world's most valuable resources, and is critical to enable many, if not all, technology companies to provide new and existing services into the marketplace. Moqizone's business of acquiring spectrum as an asset and forming strategic alliances that will utilize this asset presents many exciting possibilities," commented Steve Firestone, President and COO of Moqizone.

About Moqizone:

Moqizone Holding is a U.S. based corporation focused on becoming a global provider of spectrum specializing in leasing, management, optimization and usage of spectrum. Moqizone Holding is engaged in the development and deployment of spectrum enabled services across smart cities, security, energy-efficiency, media, data delivery, e-education, e-health and transportation and cargo protective services, among many others. Moqizone, China is a wholly owned operating entity of Moqizone Holding.

FORWARD-LOOKING STATEMENT

This release contains certain "forward-looking statements" relating to the business of Moqizone, which can be identified by the use of forward-looking terminology such as "believes, expects" or similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties, including all business uncertainties relating to reliance on a limited number of customers, market demand, cyclical nature of our markets, reliance on key personnel, future capital requirements, competition in general and other factors that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. These forward-looking statements are based on Moqizone's current expectations and beliefs concerning future developments and their potential effects on the company. There can be no assurance that future developments affecting Moqizone will be those anticipated by Moqizone. 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. Moqizone 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.