EXHIBIT 99.1

                 Orsus Xelent Technologies Announces Correction
               Regarding the Company's Third Quarter 2006 Results

NEW YORK, NY-- -- November 28, 2006 -- Orsus Xelent Technologies,  Inc. (OTC BB:
ORXT), an emerging designer and manufacturer of award-winning  mobile phones for
the Asian market,  released a correction to the Company's  financial results for
the quarter ended  September 30, 2006. The previous press release  regarding the
Company's  third  quarter 2006  results  contains  minor  figure  errors and the
Company is filing an 8K to correct the errors. Additionally, a correction to the
press release issued November 15, 2006 is as follows:

For the nine months ended  September  30, 2006,  gross profit was $8.0  million,
which  represents  an increase of $4.7  million or 139% as compared to the gross
profit of $3.3 million for the same period in 2005. Except for the effect of the
provision of inventory in the second and third quarter of 2006, the gross profit
in the third quarter of 2006 was $3.8 million representing 6.33% growth over the
second quarter of 2006 and a slight decline of 0.40%, as compared with the third
quarter of 2005.

Net income for the nine  months  ended  September  30, 2006 was  $4,648,000,  or
10.12% of revenue,  which represents a 223% increase compared to the same period
in  2005.  Net  income  for the  three  months  ended  September  30,  2006  was
$2,366,000,  which  represents 51% of total net profit for the first nine months
of 2006.  The net income for the third  quarter 2006  represents  an increase of
20.84%,  compared to the same period in 2005.  The  substantial  increase in net
profit  is  due to the  Company's  adjustment  of  its  marketing  strategy  and
improvements in the cellular phones market in this quarter.


About Orsus Xelent Technologies


Incorporated in the state of Delaware and headquartered in Beijing, China, Orsus
Xelent   Technologies,   Inc.  is  an  emerging  designer  and  manufacturer  of
award-winning  mobile  phones  for the  Asian  market,  primarily  the  People's
Republic of China (PRC). The company's  business  comprises the design of mobile
phones, related digital circuits, and software development,  and is a recognized
pioneer in mobile phone integration technology. It introduced the region's first
wristwatch-style  cellular  phone,  and it  continues  to break new ground  with
state-of-the-art  phones  that  include  advanced  features  like  finger  print
recognition and  touch-screen  displays.  Since the company's launch in 2004, it
has established  "Orsus" as a popular brand and achieved a significant  share of
the world's largest mobile phone market. It maintains more than 179 service call
centers  across the PRC, with  additional  offices in New York,  Shanghai,  Hong
Kong,   Shenzhen,   and   Tianjin.   For   more   information,   please   visit:
www.orsus-xelent.com.


Information Regarding Forward-Looking Statements


Except for historical information contained herein, the statements in this Press
Release are forward-looking statements that are made pursuant to the safe harbor
provisions   of  the  Private   Securities   Litigation   Reform  Act  of  1995.
Forward-looking  statements  involve known and unknown risks and  uncertainties,
which may cause our actual results in future periods to differ  materially  from
forecasted results.  These risks and uncertainties  include, among other things,
product demand, market competition,  and risks inherent in our operations. These
and other risks are  described in our filings with the  Securities  and Exchange
Commission.








Contact:

Orsus Xelent Technologies, Inc.
Xavier Xin Wang
President and CEO
US: Tel 212-719-7535
Fax 212-790-9594
PRC: Tel 010-85653777
Fax 010-85653666



RedChip Companies, Inc./Aurelius Consulting Group, Inc.
Dave Gentry, President and CEO
(407) 644-4256
Dave@aurcg.com
info@aurcg.com
www.runonideas.com