XcelMobility (OTCBB: XCLL) Completes First Phase of Major Order for ZTE Corp.

Northern, WI 2/16/12 (StreetBeat) – XcelMobility Inc. (OTCBB: XCLL) ("Xcel" or the "Company"), a developer of high speed web browsing solutions and related performance enhancing products for mobile devices, is pleased to announce that pursuant to its licensing agreement with ZTE Corporation ("ZTE"), the first 20,000 high speed USB modems have been manufactured and readied for shipment to China Unicom retail locations across the country.

ZTE (www.zte.com.cn/en) manufactures the devices for China Unicom, the second largest mobility provider in China with over 340 million customers. Should initial trials prove successful as anticipated, ZTE has projected that in future up to 30 million units per year could be installed with the Mach 5 Xcelerator.

ZTE was founded in 1985 and is a leading global provider of telecommunications equipment and network solutions positioning it as China's largest publicly listed telecom equipment company. ZTE has the industry's most comprehensive product range of end-to-end solutions covering virtually every telecommunications sector including wireless, access & bearer, VAS, terminals and professional services. The company's expertise in these areas allows it to satisfy the demands of global operators and assist them in their pursuit of innovation. ZTE delivers its high-quality, cost-effective products and services to over 500 operators in more than 140 countries around the globe.

Xcel CEO, Ryan Ge, comments, "This marks a great achievement for XcelMobility. Not only has our Mach 5 product undergone and passed the scrutiny of one of the world's largest telecom equipment manufacturers as well as of the world's largest cellular carriers, our products are now on the verge of mass commercialization. This proves that not only are our products technically sound but they will also be able to generate the Company significant revenue."

As part of the Company's continuous public disclosure as a reporting issuer under the Securities Exchange Act of 1934, further details of the Company's business, finances, appointments and agreements are filed with the Securities and Exchange Commission's ("SEC") EDGAR database. For more information and to view a corporate video please visit: www.xcelmobility.com.

StreetBeat Disclaimer

Distributed by Viestly