SHENZHEN, China, July 2, 2010 (GLOBE NEWSWIRE) -- China Unitech Group,
Inc. (the "Company") (OTCBB:CUIG) announced that it has successfully
closed a share exchange transaction with the shareholder of Classic
Bond Development Limited, a British Virgin Islands corporation ("
Classic Bond"). The Company will operate through its variable interest
entities in China to execute the current business plan of those
affiliates, which involves the operation of a chain of China-based
internet cafes. The new public company is quoted on the OTCQB Market
under the ticker symbol "CUIG."

In the share exchange transaction, Classic Bond's shareholders were
granted 19,000,000 newly issued shares of the Company's Common Stock,
representing approximately 94% of the total issued and outstanding
capital stock of the Company, in exchange for 100% of the issued and
outstanding shares of Classic Bond. After the share exchange
transaction, there are 20,200,000 shares of the Company's Common Stock
outstanding.

As a result of the share exchange transaction, Classic Bond has become
a wholly-owned subsidiary of the Company. Mr. Dishan Guo was appointed
to the Board of Directors of the Company and the Company's executive
officers were replaced by the executive officers of Classic Bond and
its subsidiaries upon the closing of the share exchange. The Company
plans to amend its Articles of Incorporation to change the name of the
Company to China Internet Cafe Holdings Group, Inc.

"We are delighted to have successfully closed the going public
transaction," said Dishan Guo, the new Chairman of the Company. "Our
company has continued to grow in the past. We expect that being a U.S.
public company will provide us with a good trading platform. We also
look forward to leveraging our public listing to become a recognized
national internet cafe operation under our Dragon Surf brand."

As of March 31, 2010, the Company's variable interest entity owned a
chain of 28 internet cafes in Shenzhen, Guangdong, China. It provides
top quality internet cafe facilities and is the largest internet cafe
chain operator in Shenzhen. The Company provides internet access at
reasonable prices to students and migrant workers. Over 99% of its
revenues come from selling access time to our computers.

About China Unitech Group, Inc.

China Unitech Group Inc. is the holding company of Classic Bond
Development Limited. Operating through its variable interest entity in
China, Junlong Culture Communication Co. Ltd ("Junlong"), is a leading
internet cafe chain operator headquartered in Shenzhen, China.
Established in 2003, Junlong is one of the largest of five internet
cafe chain operators in Shenzhen with 28 company-owned stores.
Junlong's internet cafes are operated and managed under the Dragon Surf
brand. Its robust system offers a one-stop entertainment and media
venue for customers including VOIP, instant messaging, online games,
snacks and drinks. Its internet cafes are typically located in high
traffic areas that target mature students and migrant workers. The
Company currently employs about 300 full time employees.

Safe Harbor Statement

This press release may contain certain "forward-looking statements"
relating to the business of China Unitech Group, Inc., and its
subsidiary companies. All statements, other than statements of
historical fact included herein are "forward-looking statements"
including statements regarding the ability of the Company to grow,
despite the current global economic environment; the Company's ability
to upgrade to a national exchange; the general ability of the Company
to achieve its commercial objectives; the business strategy, plans and
objectives of the Company and its subsidiaries; and any other
statements of non-historical information. These forward-looking
statements are often identified by the use of forward-looking
terminology such as "believes," "expects" or similar expressions,
involve known and unknown risks and uncertainties. Although the Company
believes that the expectations reflected in these forward-looking
statements are reasonable, they do involve assumptions, risks and
uncertainties, and these expectations may prove to be incorrect.
Investors should not place undue reliance on these forward-looking
statements, which speak only as of the date of this press release. The
Company's actual results could differ materially from those anticipated
in these forward-looking statements as a result of a variety of
factors, including those discussed in the Company's periodic reports
that are filed with the Securities and Exchange Commission and
available on its website (http://www.sec.gov). All forward-looking
statements attributable to the Company or persons acting on its behalf
are expressly qualified in their entirety by these factors. Other than
as required under the securities laws, the Company does not assume a
duty to update these forward-looking statements.


CONTACT:  China Internet Cafe Chain Company Limited
          Investor Relations Contact:
          Mr. Dishan Guo, Chief Executive Officer
          +86 755-2894-3820