INNOCOM Receives Certificate of Approval From China

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
	0.04	0.15%	26.00	26.055	25.915	26.05	33,320	21:15:01

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SANTA MONICA, Calif., Feb. 6 /PRNewswire-FirstCall/ -- INNOCOM Technology Holdings, Inc. (OTC:INCM) (BULLETIN BOARD: INCM) announced a Certificate of Approval by the of Jiangsu Province People's Government of P.R.C. for establishment of wholly-owned foreign enterprise (WOFE) was granted to INNOCOM Mobile Technology Limited (a wholly-owned subsidiary of INNOCOM Technology Holdings, Inc.) on January 19, 2007. This approval offers independence and freedom to implement the worldwide strategies of its parent company without having to consider the involvement of a Chinese partner. In addition, it offers the ability to formally carry on business functions rather than just act as a representative office with the capabilities of issuing invoices to their customers in RMB (Chinese Currency) and receive revenues in RMB. Upon completion of registration, the "WOFE" intends to purchase a 269,098- sq. ft building together with 16 acres of land for a production plant. The plant will assemble mobile phone handsets with a total production capacity of 1.5 million units per year. About INNOCOM Technology Holdings, Inc. INNOCOM is a leading mobile communication technology company in China. 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. INNOCOM competes with other communication technology companies by emphasizing provision of higher quality consumer-driven services that assist INNOCOM customers in identifying and/or forecasting trends in mobile handsets demand, providing comprehensive and total solution services, managing cost effectiveness, and demanding product quality and reliability in both hardware and software functionality. For more information see: http://www.innocomtechnology.com/index.htm 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. Company Contact: INNOCOM Technology Holdings, Inc. Ashley Hull (310) 450-9100 opt 1 Investor Relations: SIG Consultants Doug Ward (770) 814-7199 DATASOURCE: INNOCOM Technology Holdings, Inc. Contact: Ashley Hull of INNOCOM Technology Holdings, Inc., +1-310-450-9100 opt 1, or ; or Investor relations, Doug Ward of SIG Consultants for Innocom Technology Holdings, +1-770-814-7199, or

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INCM Franklin Income Focus ETF