Exhibit 99.1

                                 Press Release
                                 -------------

October 24, 2005                                              Contact: Wei Zhang

        Xerion  EcoSolutions  Group  Inc.  (OTC-B  XECO)  announced  that it has
entered into a Stock Exchange  Agreement (the  "Agreement") with Town House Land
Limited  ("Town House") a limited  liability  organized in the Hong Kong Special
Administrative  District in The  People's  Republic of China (the  "PRC").  Town
House is a real estate development  company, and its principal executive offices
are  located  in the City of Wuhan in the PRC where its  principal  real  estate
development  activities  are  located.  Town  House has also  recently  acquired
undeveloped  real estate  properties in Florida and California  for  development
purposes.

        Under  the  terms of the  Agreement,  Xerion  is  acquiring  100% of the
outstanding registered capital/equity of Town House in exchange for