**Jingwei      International Reports Second Quarter 2007 Financial      Results**

*Data      Mining Business Drives Revenue and Net Income Performance*

*Company      Anticipates Net Income Growth of 80% to $6.8 Million in 2007*

**Recent      Financial Highlights Include: **

|   | · | Net                income increased 81% to $3.9 million from $2.2 million in the first                six                months of 2006 |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Revenue                in the first six months of 2007 increased 83% to $11.0 million from                $6.0                million in the first six months of                2007 |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Second                quarter 2007 net income increased 38% to $1.7 million from $1.2 million                in                the second quarter of 2006 |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Second                quarter 2007 revenue of $7.8 million in 2007, up 108% from $3.7 million                in                the second quarter of 2006, and up 140% from $3.2 million in the                first                quarter of 2007 |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**Three      Months Ended June 30, 2007**

----

|                                     | **Data****mining** |   | **Data                mining for Mobile Phone sale** |   | **Data                mining****Total** |   | **Software** |   | **Total** |
|------------------------------------------|--------------------|--------|------------------------------------------------------|--------|-----------------------------------------|--------|--------------|--------|-----------|
| Revenue                ($ million)       | 1.87               |   | 5.10                                                 |   | 6.97                                    |   | 0.78         |   | 7.75      |
| Cost                of Sales ($ million) | 0.47               |   | 4.63                                                 |   | 5.10                                    |   | 0.30         |   | 5.40      |
| Gross                Profit ($ million)  | 1.40               |   | 0.46                                                 |   | 1.87                                    |   | 0.49         |   | 2.35      |
| Gross                margin              | 75%                |   | 9%                                                   |   | 27%                                     |   | 62%          |   | 30%       |

**Six      Months Ended June 30, 2007**

|                                     | **Data****mining** |   | **Data                mining for Mobile Phone sale** |   | **Data                mining****Total** |   | **Software** |   | **Total** |
|------------------------------------------|--------------------|--------|------------------------------------------------------|--------|-----------------------------------------|--------|--------------|--------|-----------|
| Revenue                ($ million)       | 4.35               |   | 5.10                                                 |   | 9.45                                    |   | 1.53         |   | 10.98     |
| Cost                of Sales ($ million) | 0.92               |   | 4.63                                                 |   | 5.55                                    |   | 0.57         |   | 6.13      |
| Gross                Profit ($ million)  | 3.44               |   | 0.46                                                 |   | 3.90                                    |   | 0.95         |   | 4.85      |
| Gross                margin              | 79%                |   | 9%                                                   |   | 41%                                     |   | 62%          |   | 44%       |

**Balance      Sheet**

**Business      Update**

|   | · | *Adoption                of data mining outside of the telecom sector:*Starting                in September 2007, the Company will provide data marketing services                for                targeted advertising through mobile handsets for the real estate,                utility,                fashion, financials, retail and other sectors. |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | · | *Geographic                expansion:*                Jingwei opened five new branch offices in China including cities                such as                Tianjin, Shandong, Jiangsu, Guizhou and another new office in Shenzhen.                These new offices allow the Company to better service China Mobile                and                China Unicom at the provincial level, as well as market new services                to                new and existing customers. |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | *Introduction                of new products and services:*The                Company recently introduced a missed call notification system for                fixed-line telecom providers. The system is designed to notify a                caller                when a line with a busy signal becomes available and should help                increase                revenues for fixed-line telecom providers as more calls are expected                to be                connected. Jingwei initially deployed the system on a trial basis                to a                telecom provider in the Henan province, and during the second quarter                expanded this service to additional provinces including Neimeng,                Shanxi,                Henan, Fujian, Guangdong, Xinjiang, Hunan and                Guangxi. |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | *Introduction                of new products and services:*The                Company is expanding into the music download space with a recent                contract                with China Unicom, one of the two mobile operators in China with                over 150                million subscribers. The contract is exclusive between China Unicom                and                Jingwei in select provinces. |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | *Other                growth initiatives:*Jingwei                constructed and now operates an on-line shopping portal site for                China                Unicom, which was launched in July 2007. |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | *Other                growth initiatives:*Jingwei                enhanced the consumer database to support an additional 100 million                names,                bringing its capacity to 300 million consumer                accounts. |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**Guidance**

**About      Jingwei International **

**Safe      Harbor Statement **

**CONTACT      **

| In                the United States:                 | In                Asia:                                            |
|------------------------------------------------------|--------------------------------------------------------------------|
| Ashley                Ammon MacFarlane and Bill Zima | Xuyang                Zhang                                        |
| Integrated                Corporate Relations, Inc.  | Integrated                Corporate Relations, Inc.                |
| 203-682-8200                (Investor Relations)     | 86                10 8523 3087 (Investor                Relations) |

----

| **Jingwei                International Limited And Subsidiaries**   |   |
|---------------------------------------------------------------------|--------|
| **Reconciliation                of Proforma Net Income (loss)**     |   |
| **For                the Three and Six Months Ended June 30, 2007** |   |
|                                                                |   |   |   |   |   |   |   |   |   |
|                                                                |   |   |   |   |   |   |   |   |   |
|                                                                |   | **Three                Months Ended June 30, 2007** |   | **Three                Months Ended June 30, 2006** |   | **Six                Months Ended June 30, 2007** |   | **Six                Months Ended June 30, 2006** |   |
|                                                                |   |   |   |   |   |   |   |   |   |
|                                                                |   | (Unaudited) |   | (Unaudited) |   | (Unaudited) |   | (Unaudited) |   |
|                                                                |   |   |   |   |   |   |   |   |   |
| Proforma                Net Income (loss)                           |   | $ | 1,671,933 |   | $ | 1,215,427 |   | $ | 3,894,538 |   | $ | 2,150,576 |   |
|                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Effect                of Acquisition                                |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Loss                (Income) of VIE Prior to Acquisition            |   |   |                    |   |   | (1,216,625 | ) |   | (761,610 | ) |   | (2,151,774 | ) |
|                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net                Income (loss)                                    |   | $ | 1,671,933 |   | $ | (1,198 | ) | $ | 3,132,928 |   | $ | (1,198 | ) |

----

| **Jingwei                International Limited And Subsidiaries**   |   |
|---------------------------------------------------------------------|--------|
| **Consolidated                Proforma Statements of Operations**   |   |
| **For                the Three and Six Months Ended June 30, 2007** |   |
|                                                                |   |   |   |   |   |   |   |   |   |
|                                                                |   | **Three                Months Ended** |   | **Six                Months Ended** |   |
|                                                                |   | **June                30,** |   | **June                30,** |   |
|                                                                |   | **2007** |   | **2006** |   | **2007** |   | **2006** |   |
|                                                                |   | ***US$*** |   | ***US$*** |   | ***US$*** |   | ***US$*** |   |
|                                                                |   | ***(unaudited)*** |   | ***(unaudited)*** |   | ***(unaudited)*** |   | ***(unaudited)*** |   |
| **Revenue**                                                         |   |   |   |   |   |   |   |   |   |
| Sales                                                               |   | $ | 7,750,221 |   | $ | 3,730,728 |   | $ | 10,979,977 |   | $ | 6,001,516 |   |
| Cost                of sales                                        |   |   | (5,398,273 | ) |   | (2,184,744 | ) |   | (6,171,519 | ) |   | (3,050,813 | ) |
| **Gross                profit**                                     |   |   | 2,351,948 |   |   | 1,545,984 |   |   | 4,808,458 |   |   | 2,950,703 |   |
|                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **Expenses**                                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |
| General                and administrative expenses                  |   |   | (323,222 | ) |   | (216,089 | ) |   | (599,930 | ) |   | (564,006 | ) |
| Research                and development costs                       |   |   | (177,889 | ) |   | (115,983 | ) |   | (182,915 | ) |   | (190,906 | ) |
| **Total                Expenses**                                   |   |   | (501,111 | ) |   | (332,072 | ) |   | (782,845 | ) |   | (754,912 | ) |
|                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **Income                (loss) from operation**                     |   |   | 1,850,837 |   |   | 1,213,912 |   |   | 4,025,613 |   |   | 2,195,790 |   |
|                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **Other                income (expenses)**                          |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Other                income                                         |   |   | 38,235 |   |   | 655 |   |   | 161,870 |   |   | 1,638 |   |
| Subsidy                income                                       |   |   | 23,904 |   |   | - |   |   | 90,556 |   |   | - |   |
| Interest                income                                      |   |   | 590 |   |   | 860 |   |   | 1,112 |   |   | 1,426 |   |
| Finance                costs                                        |   |   | (4,257 | ) |   | - |   |   | (29,910 | ) |   | - |   |
|                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **Total                other income (expenses)**                    |   |   | 58,472 |   |   | 1,515 |   |   | 223,628 |   |   | 3,065 |   |
|                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **Profit                before taxation**                           |   |   | 1,909,309 |   |   | 1,215,427 |   |   | 4,249,241 |   |   | 2,198,855 |   |
|                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **Income                taxes**                                     |   |   | (237,376 | ) |   | - |   |   | (354,703 | ) |   | (48,279 | ) |
|                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **Net                Income**                                       |   | $ | 1,671,933 |   | $ | 1,215,427 |   | $ | 3,894,538 |   | $ | 2,150,576 |   |
|                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **Earnings                Per Share (Basic)**                       |   | $ | 0.11 |   | $ | 0.09 |   | $ | 0.27 |   | $ | 0.16 |   |
|                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **Earnings                Per Share (Diluted)**                     |   | $ | 0.11 |   | $ | 0.09 |   | $ | 0.26 |   | $ | 0.16 |   |

----

| **Jingwei                International Limited And Subsidiaries**                                                                                                   |   |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
| **Consolidated                Statements of Operations**                                                                                                            |   |
| **For                the Three and Six Months Ended June 30, 2007 And The Period May 15,                2006                (The Inception) Through June 30, 2006** |   |
|                                                                                                                                                                |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                |   | **Three                Months Ended June 30, 2007** |   | **May                15, 2006 through June 30, 2006** |   | **Six                Months Ended June 30, 2007** |   | **May                15, 2006 through June 30, 2006** |   |
|                                                                                                                                                                |   | (unaudited) |   | (unaudited) |   | (unaudited) |   | (unaudited) |   |
|                                                                                                                                                                |   |   |   |   |   |   |   |   |   |
| Sales                                                                                                                                                               |   | $ | 7,750,221 |   | $ | - |   | $ | 10,979,977 |   | $ | - |   |
| Cost                of sales                                                                                                                                        |   |   | (5,398,273 | ) |   | - |   |   | (6,171,519 | ) |   | - |   |
| **Gross                profit**                                                                                                                                     |   |   | 2,351,948 |   |   | - |   |   | 4,808,458 |   |   | - |   |
|                                                                                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **Expenses**                                                                                                                                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |
| General                and administrative expenses                                                                                                                  |   |   | (323,222 | ) |   | (1,198 | ) |   | (599,930 | ) |   | (1,198 | ) |
| Research                and development costs                                                                                                                       |   |   | (177,889 | ) |   | - |   |   | (182,915 | ) |   | - |   |
| **Total                Expenses**                                                                                                                                   |   |   | (501,111 | ) |   | (1,198 | ) |   | (782,845 | ) |   | (1,198 | ) |
|                                                                                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **Income                (loss) from operation**                                                                                                                     |   |   | 1,850,837 |   |   | (1,198 | ) |   | 4,025,613 |   |   | (1,198 | ) |
|                                                                                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **Other                income (expenses)**                                                                                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Other                income                                                                                                                                         |   |   | 38,235 |   |   | - |   |   | 161,870 |   |   | - |   |
| Subsidy                income                                                                                                                                       |   |   | 23,904 |   |   | - |   |   | 90,556 |   |   | - |   |
| Interest                income                                                                                                                                      |   |   | 590 |   |   | - |   |   | 1,112 |   |   | - |   |
| Finance                costs                                                                                                                                        |   |   | (4,257 | ) |   | - |   |   | (29,910 | ) |   | - |   |
| **Total                other income**                                                                                                                               |   |   | 58,472 |   |   | - |   |   | 223,628 |   |   | - |   |
|                                                                                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **Income                (loss) before acquisition income and income taxes**                                                                                         |   |   | 1,909,309 |   |   | (1,198 | ) |   | 4,249,241 |   |   | (1,198 | ) |
|                                                                                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **Income                prior to acquisition**                                                                                                                      |   |   | - |   |   | - |   |   | (761,610 | ) |   | - |   |
|                                                                                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **Income                (loss) before income taxes**                                                                                                                |   |   | 1,909,309 |   |   | (1,198 | ) |   | 3,487,631 |   |   | (1,198 | ) |
|                                                                                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **Income                taxes**                                                                                                                                     |   |   | (237,376 | ) |   | - |   |   | (354,703 | ) |   | - |   |
|                                                                                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **Net                income (loss)**                                                                                                                                |   | $ | 1,671,933 |   | $ | (1,198 | ) | $ | 3,132,928 |   | $ | (1,198 | ) |
|                                                                                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **Earnings                Per Share (Basic)**                                                                                                                       |   | $ | 0.11 |   | $ | - |   | $ | 0.22 |   | $ | - |   |
|                                                                                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **Earnings                Per Share (Diluted)**                                                                                                                     |   | $ | 0.11 |   | $ | - |   | $ | 0.21 |   | $ | - |   |
|                                                                                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **Weighted                Average Common Shares Outstanding**                                                                                                       |   |   |   |   |   |   |   |   |   |
| Basic                                                                                                                                                               |   |   | 15,444,769 |   |   | 11,554,000 |   |   | 14,554,331 |   |   | 11,554,000 |   |
| Diluted                                                                                                                                                             |   |   | 15,753,621 |   |   | 11,554,000 |   |   | 14,863,183 |   |   | 11,554,000 |   |

----

| **Jingwei                International Limited And Subsidiaries**                                                                                                        |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
| **Consolidated                Proforma Balance Sheets**                                                                                                                  |   |
|                                                                                                                                                                     |   |   |   |   |   |
|                                                                                                                                                                     |   | **June                30** |   | **December                31** |   |
|                                                                                                                                                                     |   | **2007** |   | **2006** |   |
|                                                                                                                                                                     |   | (unaudited) |   | (audited) |   |
| **ASSETS**                                                                                                                                                               |   |   |   |   |   |
| **Current                assets**                                                                                                                                        |   |   |   |   |   |
| Cash                and equivalents                                                                                                                                      |   |   | 13,304,657 |   |   | 1,113,029 |   |
| Inventories                                                                                                                                                              |   |   | 57,259 |   |   | 294,053 |   |
| Trade                receivables                                                                                                                                         |   |   | 6,849,851 |   |   | 6,724,362 |   |
| Other                receivables, prepayments and deposits                                                                                                               |   |   | 2,038,125 |   |   | 3,023,507 |   |
| Amount                due from a related company                                                                                                                         |   |   | 2,210,932 |   |   | 467,000 |   |
| Total                Current Assets                                                                                                                                      |   |   | 24,460,824 |   |   | 11,621,951 |   |
|                                                                                                                                                                     |   |   |   |   |   |   |   |
| **Non-current                assets**                                                                                                                                    |   |   |   |   |   |   |   |
| Property,                plant and equipment - Net                                                                                                                       |   |   | 2,493,374 |   |   | 156,154 |   |
|                                                                                                                                                                     |   |   |   |   |   |   |   |
| **Total                Assets**                                                                                                                                          |   |   | 26,954,198 |   |   | 11,778,105 |   |
|                                                                                                                                                                     |   |   |   |   |   |   |   |
| **LIABILITIES                AND STOCKHOLDERS' EQUITY**                                                                                                                  |   |   |   |   |   |   |   |
| **Current                liabilities**                                                                                                                                   |   |   |   |   |   |   |   |
| Trade                payables                                                                                                                                            |   |   | 151,439 |   |   | 1,596,384 |   |
| Accruals                and other payables                                                                                                                               |   |   | 1,103,635 |   |   | 1,212,906 |   |
| Amount                due to a related company                                                                                                                           |   |   |   |   |   | 2,229,335 |   |
| Tax                payable                                                                                                                                               |   |   | 612,041 |   |   | 158,824 |   |
| Loan                from a stockholder                                                                                                                                   |   |   | 86,045 |   |   | 366,856 |   |
| **Total                Liabilities**                                                                                                                                     |   |   | 1,953,160 |   |   | 5,564,305 |   |
|                                                                                                                                                                     |   |   |   |   |   |   |   |
| **Stockholders'                Equity**                                                                                                                                  |   |   |   |   |   |   |   |
| Common                stock, $.001 par value; 75,000,000 shares authorized, 18,508,850                shares                and 17,049,000 shares issued and outstanding |   |   | 17,049 |   |   | 11,554 |   |
| Additional                Paid-in Capital                                                                                                                                |   |   | 15,667,977 |   |   | 602,442 |   |
| Statutory                and other reserves                                                                                                                              |   |   | 1,071,347 |   |   | 1,071,347 |   |
| Accumulated                other comprehensive income                                                                                                                    |   |   | 10,882 |   |   | 189,212 |   |
| Retained                Earning                                                                                                                                          |   |   | 8,233,783 |   |   | 4,339,245 |   |
| **Total                Stockholders' Equity**                                                                                                                            |   |   | 25,001,038 |   |   | 6,213,800 |   |
|                                                                                                                                                                     |   |   |   |   |   |   |   |
| **Total                Liabilities and Stockholders' Equity**                                                                                                            |   |   | 26,954,198 |   |   | 11,778,105 |   |