Oxford Investments Holdings Inc.
OTC Bulletin Board : OXIHF

Oxford Investments Holdings Inc.

March 14, 2007 09:25 ET

Oxford Investments Completes Closing of Partnership With Hongxin Insurance Agency of China

TORONTO, ONTARIO--(CCNMatthews - March 14, 2007) - Oxford Investments Holdings Inc. (OTCBB:OXIHF) is pleased to announce that it has completed the acquisition of fifty percent (50%) of the Hongxin Insurance Agency Co., of China, through Oxford's joint venture partner the Ko-Ho Group. China's economic prosperity is resulting in an increase in disposable income for an increasing segment of the population. Hongxin Insurance Agency's product offerings serve this increase in wealth by protecting the value of property, through insurance; and by providing opportunities for investment, such as mutual funds and other financial instruments.

In addition to established relationships with some major enterprises, Hongxin has established partnership relationships with some major banks in China to provide insurance to their cardholders. Currently Hongxin is the designated sole insurance agent for the cardholders of China Construction Bank's (Guangdong Branch) "Automotive Card". The "Automotive Card" is a roadside assistance and automotive services program, and it offers a discount on automotive insurance purchased through Hongxin.

Hongxin has also issued thousands of insurance cards under an agreement with the largest mail-ordering company in China, which has more than 4 million clients, allowing Hongxin to market its products and services to those clients. Hongxin is setting up more branch offices, as well as a customer call center, and telemarketing services division. These offices and divisions will allow Hongxin to more aggressively promote its products to potential customers.

Hongxin serves the large market of the Province of Guangdong in China, which is situated in the southern part of China mainland and has permanent population of 74,730,000. Guangzhou city is the main economic, communication and cultural center of Guangdong province.

"In addition to promoting our FocusKard suite of payment solutions to over 4 million new prospects we are very excited to have the opportunity to build a sales and distribution organization for mutual funds in such a burgeoning market", stated Michael Donaghy President of Oxford Investments Holdings.

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 ewallet 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.

Contact Information

  • Oxford Investments Holdings Inc.
    Michael Donaghy
    Toll Free: 1-800-293-4871
    Website: www.oxsof.com
    Grinslade Investments
    Matthew Lewis
    Email: matt@oxsof.com