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Wednesday, 09/06/2006 9:01:21 AM

Wednesday, September 06, 2006 9:01:21 AM

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CVCP,Cavico Corporation Engages Hawk Associates For Investor Relations
Wednesday September 6, 8:30 am ET
First Vietnamese U.S. Publicly Traded Company


HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)--Sept. 6, 2006--Cavico Corp (Pink Sheets:CVCP - News), Vietnam's largest non-government owned engineering and construction company, announced today that it has engaged Hawk Associates Inc. to provide investor relations consulting and services. Cavico will be featured for investor awareness and information on the Hawk Associates website, http://www.hawkassociates.com, in addition to the American Microcap Institute website, http://www.americanmicrocaps.com.
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Cavico is the first company in Vietnam to be publicly traded in the United States. With a backlog of more than $500 million in construction project orders, the company has grown its revenues from $2.8 million in 2000 to $45 million in 2005. Cavico has forecast revenues of approximately $70 million in 2006 and $130 million in 2007.

Ha Quang Bui, president, chairman and CEO of Cavico, said, "Retaining Hawk Associates is an important step forward in gaining investor awareness in the United States. Frank Hawkins, Julie Marshall and their experienced team at Hawk Associates provide top-of-the-line investor relations services, including two state-of-the-art websites, an opt-in e-mail alert system, professionally crafted press releases, courteous and informative representatives to answer investor questions and a well-planned investor relations program. They will help us tell our story to Wall Street and provide a valuable resource for investors. We encourage anyone interested in our growing company to sign up for Hawk's e-mail alert system to keep informed about our latest news."

Frank Hawkins, CEO of Hawk Associates, said, "Vietnam's transition to a market economy has created rapid economic growth with GNP expanding at around 8% a year. The country's recent trade agreement with the United States and its pending membership in the World Trade Organization are likely to provide an additional boost to economic growth and further accelerate the country's infrastructure construction boom.

"The country's demand for energy, transportation, housing and electricity has expanded rapidly during the past eight years and will continue to do so in the years ahead. We believe that Cavico's role in building highways, bridges, housing, hydropower plants as well as coal mines in Vietnam's burgeoning economy can be compared to some of the strongest engineering and construction companies that emerged to help build America's infrastructure during the Great Depression. We believe Cavico is emerging as the Bechtel of Vietnam.

"The company is currently trading on the Pink Sheets, but has engaged an auditing firm to create the necessary financials statements to support a listing on a senior U.S. exchange. In the meantime, Cavico offers a unique opportunity to make an early investment in the Vietnamese economy, which Merrill Lynch says could be the fastest growing economy in Asia in the next 10 years. We look forward to working with Cavico as it develops and matures in the U.S. financial markets," Hawkins said.


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