China Career Builder Corp. Announces Appointment of New President and CEO


HONG KONG, March 9, 2007 (PRIME NEWSWIRE) -- China Career Builder Corp. (Pink Sheets:CCBX), a Delaware Corporation, is focused on outsourcing human resource services and staffing in Hong Kong, China. The company is pleased to announce the appointment of Mona W.Y. Yim as President and CEO of the company.

Miss Mona W.Y. Yim has an M.B.A in management from The University of Adelaide, Australia and earned an A.B.A in management from The Open University of Hong Kong in 2001. Miss Yim is an affiliation member of the Hong Kong Institute of HRM, she achieved additional professional courses in Employment Ordinance, Effective Stuff Communication, Six Sigma green belt and Lean Manufacturing.

In her earlier career, Miss Yim served as a strategy and planning manager at Towercrest Holdings Group Ltd. a Real Estate Developer in Hong Kong and China. She assisted the senior management and developed solid foundation of REIT for the Group's properties in Beijing, asset value approx US$600 million, which required preparing a profound feasibility study with I-Bank, structuring asset management terms, and performing profitability analyses. Miss Yim managed the entire process of senior management recruitment of the newly established Asset Management Company - China commercial REIT; designed the structure of the RELT & Asset Management Company; evaluated the feasibility of the model debenture and REIT; and negotiated with related parties including legal and accounting firms and investment bankers.

Miss Yim spent almost two years with Magnecomp Technology Ltd. a Singapore publicly traded company as a Human Resources Manager. Miss Yim upgraded Human Resources for over 1,000 employees, reformed PMS and redesigned the appraisal form for the Asia-Pacific region, instituted cross-training with consultancy, computerized previous manuals, directed the upgrade of HR policies and procedures, monitored HRIS development, eliminated costly redundancies and inefficient processes, and reduced excessive benefits operating costs. She managed a multimillion-dollar benefits plan, ameliorated regional appraisal and reward system (to link with KPI, processed job analysis, conducted TNA and soft skill training with consultant, Hong Kong, Singapore, China and Thailand), directed recruitment in Asia-Pacific, reformed PMS instituted aggressive cost-reduction programs, and managed HRIS development and office relocation projects.

About the Company

China Career Builder Corp. is an outsourcing human resource services and staffing provider. The company provides recruitment services focusing on the professional, management, clerical, administrative, IT and industrial market in Hong Kong, China. Its services include screening, recruiting, training, workforce deployment, loss prevention and safety training, pre-employment testing and assessment, background searches, compensation program design, customized personnel management reports, job profiling, description, application, turnover tracking and analysis, opinion surveys and follow-up analysis, exit interviews and follow-up analysis, and management development skills workshops. The company markets its recruitment services through a combination of direct sales, telemarketing, trade shows, and advertising.

Safe Harbor Statement

Certain statements set forth in this press release constitute "forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate," "project," "intend," "forecast," "anticipate," "plan," "planning," "expect," "believe," "will likely," "should," "could," "would," "may" or words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company's limited financial resources, domestic or global economic conditions -- especially those relating to China, activities of competitors and the presence of new or additional competition, and changes in federal or state laws, restrictions and regulations on doing business in a foreign country, in particular China, and conditions of equity markets. The Company disclaims any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statement or to reflect the occurrence of anticipated or unanticipated events.



            

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