Onsino Capital Corporation Announces New Director

    TORONTO, Oct. 17 /CNW/ - Onsino Capital Corporation (TSX Venture: OS.P)
is pleased to announce today that Dr. Paul Lin has joined the board of
directors of Onsino Capital Corporation and that he has been appointed Chief
Financial Officer and interim Chief Executive Officer. Dr. Lin has over
15 years of experience in the financial and investment industry in Canada. He
is currently President of ACI Capital Inc., a private financial and investment
management company based in Toronto. Dr. Lin was Chief Financial Officer of
McVicar Minerals Ltd. (TSX-V) from 2000 to 2004. In 2004 Hanfeng Evergreen
Inc. (TSX: HF) completed its IPO by way of an RTO with McVicar. In 2004, a new
company was established, McVicar Resources Inc. (TSX-V) and Dr. Lin served as
a director and Chief Financial Officer of that company from 2004 to 2007. Dr.
Lin has extensive experience in acquisitions in China. He is the author of
"How to Build Wealth", a popular Chinese book on investment in North America.
Dr. Lin obtained his Ph.D in system analysis from the University of Toronto in

    The TSX Venture Exchange Inc. has in no way passed upon the merits of the
    proposed transaction and has neither approved nor disapproved the
    contents of this press release. The TSX Venture Exchange Inc. does not
    accept responsibility for the adequacy or accuracy of this release.

    This news release may contain forward-looking statements that are based
on Onsino's expectations, estimates and projections regarding its business and
the economic environment in which it operates. These statements are not
guarantees of future performance and involve risks and uncertainties that are
difficult to control or predict. Therefore, actual outcomes and results may
differ materially from those expressed in these forward-looking statements and
readers should not place undue reliance on such statements. Statements speak
only as of the date on which they are made, and Onsino undertakes no
obligation to update them publicly to reflect new information or the
occurrence of future events or circumstances.

For further information:

For further information: Todd May, Onsino Capital Corporation, (416)

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