Sinotel Technologies

PROPOSED ESTABLISHMENT OF AMERICAN DEPOSITARY RECEIPT FACILITY IN THE UNITED STATES OF AMERICA* The Board of Directors of Sinotel Technologies Ltd. (the \"Company\"; together with its subsidiaries, the “Group”) wishes to announce that the Company is presently in discussions with The Bank of New York Mellon, US lawyers and other professionals with the intention to engage and form a team in relation to the establishment of an American Depositary Receipt (“ADR”) facility in US. The ADRs are proposed to be traded in the US over-the-counter market. There are currently only four institutions providing ADR service in US, namely JPMorgan, Citibank , Deutsche Bankand The Bank of New York Mellon. An ADR represents ownership in the shares of a non-US company and trades in the US financial markets. The stock of many non-US companies trade on the US stock exchanges through the use of ADRs. ADRs enable US investors to buy shares in foreign companies without undertaking cross-border transactions. ADRs carry prices in US dollars, pay dividends in US dollars, and can be traded like the shares of US-based companies. Each ADR is issued by a US depositary bank and can represent a fraction of a share, a single share, or multiple shares of the foreign stock. An owner of an ADR has the right to obtain the foreign stock it represents, but US investors usually find it more convenient simply to own the ADR. The price of an ADR often tracks the price of the foreign stock in its home market, adjusted for the ratio of ADRs to foreign company shares. The proposed establishment of the ADR facility will enable the Company to attract foreign investors since they are not required to bear time difference, cross-border transaction fees or currency exchange fees and will thereby expand the investor base of the Company and increase the liquidity of its shares. Such measure will increase the opportunity for the Company to carry out future fund raising activities.

A good SINO for a change!

This is what Sebastian Chong said in www.shareowl.com : Fortunately I bought more shares yesterday morning at 28.5 cents without expecting the announcement on the ADR facility in the US. I just saw that the share price was creeping up 0.5 a cent to 1 cent a day in a down market. Technically it looked good although fundamentally I was still bothered by the fact that institutions were still not going for the stock. Maybe this afternoon, they are -- after the announcement. I am glad the company\'s young founder, young CEO and investor relations head are all so proactive and looking for ways to unlock shareholder value. An ADR trading facility in the US for a small S chip is really something. If Singaporean investors don\'t appreciate the true worth of Sinotel, perhaps the American investors will.

Sinotel stock now 38 cents! Still cheap in my view, as the PE for 2008 is only 4.7X. Forward PE? Maybe less than 4X for this year. NEWS RELEASE SINOTEL ATTRACTS US INVESTOR BECOME SUBSTANTIAL SHAREHOLDER Singapore, 14 August, 2009 – Sinotel Technologies Ltd. (“Company” or the “Group”), an innovator in the provision of wireless telecommunications infrastructure and solutions in the PRC, is pleased to announce that Andrew Barron Worden, Chairman and CEO of Barron Partners LP, Barron Partners LP together with the funds managed by Andrew Barron Worden (“US Funds”) own more than 5% of the total shareholdings of the Company. Andrew Barron Worden is therefore become a substantial shareholder of the Company. Barron Partners LP is a private investment fund based in New York with approximately US$100 million in assets and specialises in micro-cap companies. As announced on 11 June 2009, the US Funds had previously accumulated 9.6 million ordinary shares (“Shares”) representing 3.4% of the issued and paid-up share capital of the Company. With the recent purchases from the open market by Andrew Barron Worden and the US Funds, they now hold 14,133,000 Shares of the Company, or approximately 5.05% of the issued and paid-up share capital. “We are optimistic about the telecom industry in China. We believe that this sector will continue to thrive given the recent updates from China’s telecom operators (“Telcos”) on the progress of 3G roll-out plans. In view of this, we have decided to increase our participation in China’s telecommunication industry by taking a larger stake in the Company.” said Mr Worden. China’s Telcos recently announced that as much as RMB80 billion has been spent on capital expenditure in the 1st half of 2009 and more will be spent to upgrade over 200 cities with the new 3G network by the end of the year. Mr. Worden added, “We are also supportive about the Company’s plan to establish an ADR program here in the US. This would provide US funds and private investors a convenient channel to invest in Sinotel, and give the Company an opportunity to attract a larger and more diverse pool of investors. We believe that the ADR program will complement the Company’s listing status in Singapore, and provide it with a better benchmark against listed peers in the US.”

Stock price now 38 cents but way below IPO price in 2007 of 51 cents. No further share issue was done since IPO, so the total no. of shares has remained at 280 m. If the stock hits higher levels, say, 70 cents, the company sure will hv placement, or rights issue, in order to raise working capital. which is not a bad thing, cos there is too much business out there with the 3G rollout.

Singapore, 17 August, 2009 – Sinotel Technologies Limited (“Sinotel” or the “Group”), an innovator in the provision of wireless telecommunications infrastructure and solutions in the PRC, is pleased to announce that the Group has secured approximately RMB210.7 million worth of 3G related projects as at 31 July, 2009, i.e. approximately 60.6% of the Group’s order book of RMB347.4 million as at 31 July, 2009. The rise in 3G related orders was attributed to the massive upgrading works being undertaken by China telecom operators (“Telcos”) to upgrade existing wireless infrastructures in the PRC. Mr Jia Yue Ting (“贾跃亭”), Executive Chairman of Sinotel commented, “We are excited about the effects of China’s massive 3G upgrading plan. 60.6% from 3G services is a sizable contribution to our business, taking into account that the PRC government only approved 3G licenses in January 2009. The massive capex announced by Telcos earlier this year are starting to trickle down to equipment suppliers and solution providers like us. We believe that Sinotel will be well positioned to reap the benefits of this upgrading exercise that is unprecedented in terms of investment size and scale.”