Oxford Investments Holdings Inc.
OTC Bulletin Board : OXIHF

Oxford Investments Holdings Inc.

October 22, 2007 09:35 ET

Oxford China Joint Ventures Receive Approval to Operate as Local Entity

TORONTO, ONTARIO--(Marketwire - Oct. 22, 2007) - Oxford Investments Holdings Inc. (OTCBB:OXIHF) is pleased to announce that its Chinese joint venture holding company Ko Ho Management Ltd. has obtained approval from the Guangzhou Municipal Government for the registration of a wholly owned foreign enterprise (WOFE) under the name of Ko Ho (China) Consulting Ltd. Oxford's three Chinese investments in Foshantong, Arden Trading and Hongxin Insurance will be rolled into Ko Ho (China) to avoid the necessity, and ensuing delays, of changing their operating status to that of foreign joint ventures, as the WOFE is treated as a local entity. Through the WOFE, the group will also enjoy:

- Independence and freedom to implement global strategies without having to consider the involvement of the Chinese partner

- The ability to formally carry on business rather than just a representative office function, and capable of issuing invoices to their customers in RMB (Chinese Currency) and receive revenues in RMB

- The capability of converting RMB profits to US dollars for remittance to their parent company, Oxford, outside China

- Greater efficiency in its operations, management and future development

- Protection of intellectual property and technology

"I am very pleased that with the registration of Ko Ho (China), Oxford is now in a position to further expand its China business strategy in other facets of payment services businesses, such as, e-Commerce, gift card, third party service providers to local banks in card servicing, including card/merchant marketing and customer services and the design, launch and implementation of various affinity card programs" stated Michael Donaghy, President of Oxford Investments Holdings Inc.

About Oxford Investments Holdings Inc.

Oxford Investments Holdings Inc. is now establishing itself as a leading online payment solutions Company. The Company is concentrating its business around its "FocusKard" suite of products. The FocusKard suite provides a comprehensive card payment solution meshed with a user-friendly e-wallet for e-commerce businesses.


Statements in this press release, which are not historical, are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, risks associated with the Company's financial condition and prospects, legal risks associated with product liability and risks of governmental legislation and regulation, risks associated with market acceptance and technological changes, risks associated with dependence on suppliers, risks relating to international operations, risks associated with competition and other risks detailed in the Company's filings with securities regulatory authorities. These risks may cause results to differ materially from those projected in the forward-looking statements.

This release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be a sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification of such securities under the laws of any such jurisdiction. This press release was accurate at the time it was issued but may not reflect the Company's current strategy or product offerings.

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