Wednesday, September 21, 2011 – Before Market Open

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Green Baron New “Stock Pick”

China Wi-Max Communications, Inc.

(OTCBB: CHWM - .0058 per share)

www.ChinaWi-Max.com

52-Week High / $.10

52-Week Low / $.0046

Major Press Released Just Issued Before Open Today!

CHWM Enters Agreements to Develop IPTV in China 

Together, through CHWM, Agreements Expected to Deliver a Complete IPTV Solution to CTVN’s Extensive Subscriber Market in China

First of two “Stock Picks” we are calling “Legends of the Fall” – Stocks we believe will provide legendary returns during the next three months! – CHWM could be up 500% today 

Click Here for 52-Week CHWM Chart

Last December, we initiated coverage of China Wi-Max Communications as a “Stock Alert” at .07 per share.  We wanted our members to begin following CHWM, but were not ready to initiate coverage as a fully profiled Green Baron “Stock Pick” at that time.  Although CHWM rallied to .10 per share and continued to trade between .06 and .10 for nearly two months, it never mustered the kind of action that warranted a more aggressive stance.  When we issued that report, the year high for CHWM was .50.

Over the past few months, CHWM has been bouncing around near the year low at prices between .005 and .008 per share.  We are aware that China Wi-Max has been trying to resolve a debt financing obligation, but has been unsuccessful to date and has been forced to issue shares at unattractive levels over the past several months.  We are hopeful that a resolution is close at hand, and that today’s blockbuster news announcement will help cause a significant turnaround in the stock price and its finances.

Therefore, The Green Baron Report has selected China Wi-Max Communications, Inc. (OTCBB: CHWM) as our 97^th Green Baron “Stock Pick” since inception for our home page, and we strongly suggest members accumulate the stock as close to our profile price as possible.  Results compiled from the most recent trade prior to dissemination of this report to the subsequent high will be closely monitored at www.thegreenbaron.com and through email updates to members.  We have very aggressive price projections for China Wi-Max and believe the stock has huge upside potential based on several positive fundamental factor

CHWM is also considered our first of two stocks we have labeled “Legends of the Fall”; stocks that we expect to have legendary returns over the 90 days of autumn this year.  The second “Legends of the Fall” stock pick will be released within days.

The Green Baron Report believes since CHWM has not announced any news other than standard 8-K’s and financial filings since January of this year, today’s press release could have even a more dramatic effect than normal.  The press release also contains the potential for massive revenues going forward and could be a monumental turning point for the Company. 

We believe that based on the potential of these agreements that CHWM should be trading over .05 per share today.  We have heard some astronomical numbers thrown around about where this stock could go, but we will not go there at this time until we get verification through additional developments.  Even if CHWM goes to only .058 per share, it would represent be a ten-bagger from here. 

Due to the time sensitive nature of today’s press release from CHWM and the fact that it discusses a new direction for the Company, we are keeping this profile very short.  We expect to bring members more information about China Wi-Max as it is made available by the Company.  We have included today’s press release in full below, and we encourage members to visit the Company’s website or contact the Company’s representatives for more information.

CHWM Enters Agreements to Develop IPTV in China

Wednesday, September 21, 2011 - GRAFTON, WI. AND BEIJING, CHINA - China Wi-Max Communications, Inc. (OTCBB: CHWM) is pleased to announce the signing of two strategic business agreements. Signature of these agreements positions China Wi-Max (CHWM) to utilize its fiber assets and wireless frequencies and has the potential to generate significant revenue streams in the future. These agreements represent a logical evolution of CHWM's strategic business plan to be a premier technology and service provider in China. China CTV Television Network (CTVN) has been granted the privilege by the Government to receive a Chinese Bank loan for this project.

First, CHWM has entered into an agreement with China CTV Television Network Center (CTVN) to develop nationwide fiber optical networks for delivering Digital TV and other value-added services throughout China. The companies will initially deliver multimedia "three screen" experience to TV, web and mobile devices with content readily available to CTVN’s Chinese subscriber base of 200,000,000 people via 200 TV stations across China.

Second, CHWM has entered into an agreement with the premier IPTV technology and content provider, 3Screen Group Ltd, Hong Kong, United Kingdom, inclusive with their partner DigiSoft.tv Ltd. Ireland. Together, through CHWM, they will deliver a complete IPTV solution to CTVN's extensive subscriber market in China.

Coupling 3Screen Group Ltd's extensive IPTV technology knowledge and content rights for Europe and Asia and CHWM’s relationships in China, builds on all the partners’ strategic strengths and enables telecoms/media companies to get to market rapidly. The market for Video on Demand (VoD) and IP broadcast solutions is growing at an exponential rate in China. This IP broadcast solution, along with VoD capability and content catalogue creates a unique end to end IP video service.

About China Wi-Max Communications, Inc.

China Wi-Max Communications, Inc. (OTCBB:CHWM) is a multinational telecommunications and IP transport company formed to take advantage of the rapidly expanding wireless and broadband communications needs in China and elsewhere. The goal of CHWM is to become the premier provider of broadband technology and allied services in the Chinese market and beyond. Building on technical experience and proven management skills, CHWM is approaching its markets with the tools and experience necessary to achieve success. CHWM has acquired fiber assets in Beijing and Hangzhou, as well as option agreements to purchase fiber in Shanghai and seven additional cities in China. CWHM has also acquired 5.8 GHz wireless frequencies. The Company’s common stock is listed on the OTC Bulletin Board under the symbol "CHWM". For additional information, please visit the Company's website at www.chinawi-max.com.

About CTVN

China CTV Television Network Center (CTVN), Beijing, China, is leading the project to develop the Chinese Governments "Policies Regarding Encouragement of Digital TV Industry Development". The policy promotes TV broadcasting over broadband network with advanced digital delivery technology. CTVN owns fiber optic network infrastructure, licenses for broadcasting, 200 subsidiary TV stations with about 200 million viewers, 32 thousand km of back bone fiber and cross border fiber connecting Hong Kong with mainland China.

About 3Screen Group Ltd.

3Screen Group Ltd.. Hong Kong, United Kingdom, offers Hardware, Software and System Integration Services for implementing and deploying products and applications that allow Rights Holders, Aggregators, Telecom Providers and Media Service Organizations offer integrated, bundled and convergent services over IP networks, enabling our clients to securely manage, publish and monetize video across IPTV Set Top Boxes, TVs, PCs and Mobile Devices.

About DigiSoft.tv

Digisoft.tv Ltd, Ireland, is a leading global provider and innovator of carrier class solutions to the IPTV, hybrid and media & entertainment markets. Digisoft’s DigiHost Service Delivery platform combines a state-of-the-art Hybrid DVB/IP EPG in HD with advanced PVR functionality, as well as a host of applications including the world’s first interactive educational TV application and the eRental Movie Download platform. www.digisoft.tv/

Safe Harbor Statement

This press release contains forward-looking statements that involve risks and uncertainties. Actual results, events and performances could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause the Company's actual results, expressed or implied, to differ materially from expected results. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making an investment decision.

For Investment Information regarding China Wi-Max Communications, Inc. please contact: 

Jim Prange, Investor Relations 920.912.7444

jim.prange@gmail.com

Eric Hager, Executive VP, CHWM 303.517.6026

erichager@chinawi-max.com