Cavico Hires Multinational IR Firm CCG Investor Relations

HANOI, Vietnam--(Business Wire)--
Cavico Company, (OTCBB:CVIC), the largest non-government owned
heavy civil construction contractor in Vietnam, announced today that
it has retained CCG Investor Relations to design and execute its
investor relations program.

"We believe retaining CCG will bring Cavico to the attention of a
larger group of potential investors." Mr. Hung Manh Tran, Executive
Vice President and Director noted, "We are very pleased to engage CCG
as our Investor Relations firm which has extensive experience in
working with companies that have operations in Asia. We look forward
to collaborating with CCG Elite to raise our visibility in both the
investment community and with the financial media as we embark on the
next phase of our growth strategy."

"As a leading hydropower construction company Cavico's established
position has included the securing of many preferred contracts," said
Mark Collinson, account executive with CCG. "The Company's backlog
totaled $331,596,000 as of December 31, 2007, and is a strong
indicator of Cavico's position in infrastructure construction in
Vietnam and internationally. We believe Cavico offers an attractive
opportunity for investors seeking an established leader in the
Vietnamese market with strong prospects for growth both domestically
and internationally."

About Cavico Company (OTCBB:CVIC)

Cavico is focused on large infrastructure projects which include
the construction of hydropower facilities, dams, bridges, tunnels,
roads, mines and urban buildings. Cavico is also making investments in
hydropower facilities, cement production plants and urban developments
in Vietnam. Headquartered in Hanoi, with 3000 employees at projects
worldwide, the company has offices throughout Vietnam and a satellite
office in Australia.

Founded in 2000, Cavico is a major infrastructure construction,
infrastructure investment and natural resources conglomerate
headquartered in Hanoi, Vietnam. Cavico is highly respected for its
core competency in the construction of mission-critical infrastructure
including hydroelectric plants, highways, bridges, tunnels, ports and
urban community developments. One of the company's primary competitive
advantages is its ability to nurture a project "from concept through
completion" with a vertical portfolio of interrelated investment,
permitting, design, construction management and facility maintenance
services. Cavico's project partners include top multi-national
corporations and government organizations. The company employs more
than 3,000 people. For more information, visit
http://www.cavicocorp.com.

About CCG

CCG is a global, full-service investor relations firm,
headquartered in Los Angeles, CA. with offices in New York City,
Newport Beach, CA, Dallas, TX, Hong Kong, Beijing, Shanghai and Tel
Aviv. CCG is uniquely positioned to provide outsourced, high-level
investor relations solutions to its clients. It combines an in-depth
understanding of Asia's corporate culture and economic environment,
with an ability to convey clients' investment theses to funds and
broker-dealers located in the U.S. For further information, contact
CCG directly, or visit the Company's Web site at http://www.ccgir.com.

Forward-Looking Statements

The statements contained in this Release that are not purely
historical are forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934, including without limitation,
statements regarding the Company's expectations, hopes, beliefs,
intentions or strategies regarding the future. These forward-looking
statements are based on the Company's current expectations and beliefs
concerning future developments and their potential effects on the
Company. There can be no assurance that future developments affecting
the Company will be those anticipated by the Company. These
forward-looking statements involve a number of risks, uncertainties
(some of which are beyond the control of the Company) or other
assumptions that may cause actual results or performance to be
materially different from those expressed or implied by such
forward-looking statements. These risks and uncertainties include, but
are not limited to, the Company's ability to successfully and timely
complete construction projects; the Company's ability to convert
backlog into revenue; the potential delay, suspension, termination, or
reduction in scope of a construction project; the continuing validity
of the underlying assumptions and estimates of total forecasted
project revenues, costs and profits and project schedules; the
outcomes of pending or future litigation, arbitration or other dispute
resolution proceedings; the availability of borrowed funds on terms
acceptable to the Company; the ability to retain certain members of
management; the ability to obtain surety bonds to secure its
performance under certain construction contracts; possible labor
disputes or work stoppages within the construction industry; changes
in governmental appropriations for infrastructure projects; possible
changes or developments in worldwide or domestic political, social,
economic, business, industry, market and regulatory conditions or
circumstances; and actions taken or not taken by third parties,
including the Company's customers, suppliers, business partners, and
competitors and legislative, regulatory, judicial and other
governmental authorities and officials. The Company undertakes no
obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events or
otherwise, except as may be required under applicable securities laws.

Company Contact:
Cavico Company
Timothy Pham, Vice President and Director, 714-843-5456
cavicohq@cavico.us
or
Investor Relations Contact:
CCG Investor Relations
Mark Collinson, Partner, 310-231-8600 X117
mark.collinson@ccgir.com

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