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Sunday, 02/19/2012 8:32:31 PM

Sunday, February 19, 2012 8:32:31 PM

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Crown Equity Holdings Inc. (OTCBB: CRWE) www.crownequityholdings.com today announced that its subsidiary Crown Tele Services Inc. has entered into a letter of intent with MVOX AG.

MVOX AG, located in Germany, will work with Crown Tele Services Inc. www.crownteleservices.com as a technological partner in offering wireless broadband solutions (wireless carrier class infrastructure in high speed data and WiMAX).

Commenting on the Letter of Intent, "The keystone of our business has always been our commitment to meeting our customers' network needs and we will continue to grow with this principle," said Kenneth Bosket, Crown Tele Services Inc., President and CEO.

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