Need help to Root Android 2.3.6 MTK6573 - 7 inch tablet phone

I bought a chinese tablet -Dolphin A70- 7 inch tablet phone Android 2.3.6 (CPU: MTK6573 ARM11 Dual core each 650MHz)

I need help to root this phone and also want to know whether i can upgrade this to ICS from 2.3.6?

Phone specs are below
CPU: MTK6573 ARM11 Dual core each 650MHz
OS: Google Android 2.3
RAM: 512M
Flash Memory: 8GB
Support TF card extend 16GB max
Display: 7 inch TFT LCD capacitive touch panel 800*480
Front Camera: 0.3 Mega Pixel
Rear Camera: 2.0 Mega Pixel
Battery: 4000mAh (Could be installed by yourself)
Networking: WiFi 802.11 b/g/n
GSM: 850/900 DCS: 1800 PCS: 1900
Can be used as a mobilephone


Below is the configuration when i saw "About Phone" in the Settings menu
Model-> e1107_v73_ht_84g

Androis version->2.3.6

Baseband version-> MAUI.11AMD.W11.37.SP.V17.F1,2012/03/14 16:54

kernel Version->2.6.35.7 (Sun Apr1 10:49:05 cst 2012)

Build number ->ALPS.GB.FDD2.MP.V4.5

Custom build version->133248561