updated 10/19/2010 5:45:30 AM ET 2010-10-19T09:45:30

ORLANDO, Fla., Oct. 18, 2010 (GLOBE NEWSWIRE) -- The RedChip Review™, a division of RedChip Companies, Inc., today announced it has initiated research coverage on Funtalk China Holdings Limited. (Nasdaq:FTLK), a retailer and distributor of wireless communications devices, accessories and content in 30 provinces and municipalities in China.

To receive a complimentary version of the FTLK initial report, please visit: http://www.redchip.com/about/aboutmain.asp?iid=40013

To learn more about The RedChip Review™, visit http://www.theredchipreview.com

About The RedChip Review™

For over 17 years, The RedChip Review™ has been a trusted source of independent small-cap equity research and information. Dedicated to "Discovering Tomorrow's Blue Chips Today"™, our analysts seek out up-and-coming and undiscovered small-cap companies before they show up on Wall Street's radar screen. Each company under research coverage is assigned a 12-month price target and investment rating: Strong Buy, Buy, Speculative Buy, Hold or Sell. In addition to the analyst reports, The RedChip Review also publishes feature stories covering market conditions, analyst blogs, and instant news alerts on small-cap companies.

Disclosure

Neither the analyst(s) nor RedChip Companies, Inc., has received any compensation from the companies featured in The RedChip Review™. The analyst(s) contributing to the reports issued by The RedChip Review do not hold any shares of the subject securities. Each report is based on data obtained from sources we believe to be reliable but is not guaranteed as to accuracy and does not purport to be complete. As such, neither the information nor any opinion expressed constitutes an offer, or an invitation to make or garner an offer, to buy or sell any securities or any options, futures, or other derivatives related to such securities ("related investments"). The RedChip Review website and publication is furnished on the condition that it will not form a primary basis for any investment decision.

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