Open EC Technologies, Inc.

Open EC Technologies, Inc.

November 28, 2007 09:00 ET

OpenEC Technologies Signs Series of Contracts Worth $425,000CDN

NORTH VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 28, 2007) - Open EC Technologies, Inc. ("OpenEC" or "the Company") (TSX VENTURE:OCE) is pleased to announce that it has signed a series of contracts with its strategic partners, Huawei Technologies Co Ltd. ("Huawei") and ASPire Technologies Group ("ASPire") to provided software for projects to be delivered to several mobile carriers in China.

Huawei and ASPire are two of the leading mobile operator technology and software providers in China. Huawei, based in Shenzhen, China reported 2006 sales of $11 billion US$ and its customers include 31 of the world's top 50 telecom operators including Vodafone, BT, Telefonica and FT/Orange and China Mobile. Aspire Group is the result of a joint investment between China Mobile, Merrill Lynch, HP and Vodafone. ASPire is a leader in the research & development of software products for information management and portal solutions designed for mobile operators.

The total value of these additional contracts is worth approximately $425,000 CDN with the work to be performed in our fiscal Q1 and Q2.

Mr. Martyn Armstrong, President and CEO of OpenEC stated, "We are very pleased that our customers in China are recognizing the value, quality and domain knowledge our company can offer. With these additional contracts with our long term customers, we are continuing to gain traction in China, the largest mobile communication market in the world."

This press release is available on the Company's official on-line Investor Relations HUB at for investor questions, answers and monitored commentary. Alternatively, investors are able to e-mail all questions and correspondence to where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.

About Open EC Technologies Inc.

Open EC Technologies Inc ("OCE") is a TSX Venture Exchange listed holding company specializing in the acquisition of software companies in e-business, mobile business and business to business (b2b) commerce. Our subsidiaries, SoftCare EC Solutions, , and Headware Shenzhen Software, provide software solutions to customers throughout North America and Asia. With over 400 employees in the OpenEC Group of companies we deliver global innovative software solutions to mid market through fortune 100 companies.


Martyn A. Armstrong, President and CEO

Further information about the Company can be found on SEDAR ( or by contacting either, Mr. Martyn A. Armstrong, President & CEO of the Company or Mr. Michael (Gong) Chen, CFO of the Company.

Trading in the securities of Open EC should be considered speculative. The Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this news release.

This news release may contain forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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