INNOCOM Details GNEX 3D Mobile Technology to Revolutionize China's Cellphone Content Market

Name	Symbol	Market	Type
Franklin Income Focus ETF	AMEX:INCM	AMEX	Exchange Traded Fund

	Price Change	% Change	Price	High Price	Low Price	Open Price	Traded	Last Trade
	0.10	0.38%	26.38	26.43	26.21	26.22	175,651	22:00:00

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SANTA MONICA, Calif., March 8 /PRNewswire-FirstCall/ -- INNOCOM Technology Holdings, Inc. (OTC:INCM) (BULLETIN BOARD: INCM) has announced that its recently announced partnership with ICOLS of South Korea will yield an innovative new technology for 3D mobile content platforms called GNEX. The technology will potentially be used for products such as a 3D full-screen phone similar to Apple, Inc.'s iPhone, 3D mobile games as well as media content for multiple portable screen devices such as PMPs, DMBs, MP3 players and laptops. GNEX will potentially be sold for non-mobile uses such as theaters for 3D films, advertising panels and other types of display screens. Using proprietary technology, GNEX utilizes a 3D solid LCD module which allows stereoscopic images without the use of special glasses. Due to a development cycle accelerated by customer demand, INNOCOM and ICOLS expect that the 3D solid LCD module will be launched at the beginning of the third quarter 2007. Mobile games and other value-added content utilizing the GNEX technology are also expected to be launched at the same time. Mr. William Hui, Chairman and CEO of INNOCOM said, "ICOLS will be a very long-term partner for INNOCOM as we develop both the China and Korea marketplaces. South Korea has one of the highest mobile phone penetration rates in the world, with 40 million cell phone subscribers and a total population of 48 million. Since most of the population is relatively wealthy, users change mobile phones often and are sophisticated regarding phone technology. ICOLS has established itself as a true leader and innovator in that demanding market and we expect the same results in the booming China marketplace." Mr. Hui continued, "GNEX provides light, fast, and high quality "virtual machine" technology to the mobile community. We believe the 3D graphics and more comprehensive multimedia library offered by GNEX will bring the industry to another level. With the freedom to be ported anywhere and with the ability to be downloaded, we expect GNEX will revolutionize the mobile entertainment. Anywhere -- Anything -- Any Time." About INNOCOM Technology Holdings, Inc. INNOCOM is a leading mobile communication technology company. They have two principal business lines; mobile phone handset design and trading of mobile phone handsets and components. INNOCOM provides customized mobile phone design services to licensed manufacturers in China. Their services include hardware system design based on chipsets such as integrated circuits sourced from external suppliers, application software design and mobile phone handset casing design. In addition to design services, the company provides sourcing of mobile phone handsets and components for customers on a wholesale basis. About ICOLS ICOLS is a Seoul-based IT systems and software developer traded on the Korean KOSDAQ stock exchange. ICOLS is the overseas agent as well as the controlling company of SINJISOFT Corporation, a developer of mobile wireless content downloading platforms as well as mobile embedded software such as games and GUI. Major customers of SINJISOFT include Samsung and SK Telecom. Company Contact: INNOCOM Technology Holdings, Inc. Ashley Hull (310) 450-9100 opt 1 Safe Harbor Statement Under The Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results, performance and achievement in the future to differ materially from forecasted results, performance, and achievement. These risks and uncertainties are described in the Company's periodic filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations. DATASOURCE: INNOCOM Technology Holdings, Inc. CONTACT: Ashley Hull of INNOCOM Technology Holdings, Inc., +1-310-450-9100, option 1,

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INCM Franklin Income Focus ETF