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Message: NEWS - OpenEC Technologies Receives Software Vendor Supplier Award

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NEWS - OpenEC Technologies Receives Software Vendor Supplier Award

posted on Nov 26, 07 06:50AM
NORTH VANCOUVER, BRITISH COLUMBIA -- (Nov. 26, 2007) - Open EC Technologies, Inc. ("OpenEC" or "the Company") (TSX VENTURE:OCE) is pleased to announce that its subsidiary, Headware Shenzhen Software ("Headware";) has earned the top 3 Software Vendor Supplier award from its customer, Huawei Technologies ("Huawei") which is based in Shenzhen, China.

The Company has been awarded the top 3 status based on the highest levels of software quality, on-time delivery and on-budget financial performance. With this award, the Company will receive an additional 20% bonus on the contracts signed from the period of July 1, 2007 through to June 30, 2008. With its continued commitment to quality and performance, the Company anticipates to continue to be one the top 3 software suppliers to Huawei for the foreseeable future.

Huawei Technologies is a leader in providing next generation telecommunications networks, and now serves 31 of the world's top 50 operators, along with over one billion users worldwide. Huawei is committed to providing innovative and customized products, services and solutions to create long-term value and growth potential for its customers.

Mr. Zhongdong Zhou, co-CEO of OpenEC stated, "We are honoured to receive this award from our customer. To be awarded for our efforts is very satisfying and I would like to personally thank our customer for the recognition." Zhou continued to say, "This recognition is a result that OpenEC is committed and will remain committed to continue providing its customers with exceptional service."

This press release is available on the Company's official on-line Investor Relations HUB at http://www.agoracom.com/IR/OpenEC for investor questions, answers and monitored commentary. Alternatively, investors are able to e-mail all questions and correspondence to OCE@agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.

About Open EC Technologies Inc.

Open EC Technologies Inc ("OCE") www.openec.com is a TSX Venture Exchange listed holding company specializing in the acquisition of software companies in e-business, mobile business and business to business (b2b) commerce. Our subsidiaries, SoftCare EC Solutions, www.softcare.com , and Headware Shenzhen Software, www.headware.cn provide software solutions to customers throughout North America and Asia. With over 400 employees in the OpenEC Group of companies we deliver global innovative software solutions to mid market through fortune 100 companies.

ON BEHALF OF THE BOARD

Martyn A. Armstrong, President and CEO

Further information about the Company can be found on SEDAR (www.sedar.com) or by contacting either, Mr. Martyn A. Armstrong, President & CEO of the Company or Mr. John A. Versfelt, CFO and a Director of the Company.

Trading in the securities of Open EC should be considered speculative. The Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this news release.

Statements regarding financial forecasts of Headware are made by Headware, the basis for which while considered reasonable by the Company, have not been independently audited or verified by the Company. This news release may contain forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.


Contact:
Martyn A. Armstrong
Open EC Technologies, Inc. - Corporate Inquiries
President and CEO
(604) 983-8083
(604) 983-8056 (FAX)
Email: investors@softcare.com
Website: www.openec.com

Email: OCE@Agoracom.com
AGORACOM Investor Relations
Website: www.agoracom.com/IR/openec

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