CATHAYONLINE INC. To Provide Live Quotes, News and Portfolio Services to Torchmail's E-mail Subscribers
biz.yahoo.com
CATHAYONLINE INC. Will Soon be the First Internet Service Provider to Offer Clean Way Corporation's Live Financial Quotes, News and Portfolio Services
NEW YORK--(BUSINESS WIRE)--Aug. 25, 1999-- CathayOnline (OTC BB:CAOL - news) is pleased to announce its subsidiary, TorchMail.com, Inc., has signed a Letter of Intent with Clean Way Corporation, parent company of Trader Secrets.com. The agreement will provide TorchMail.com and, in turn, its e-mail subscribers with financial content, news, live stock quotes and portfolio services.
Trader Secrets.com will provide free, real-time financial data to its partners. The Company is one of only a handful of companies to provide a real-time stock quotes page to other web sites, allowing them to use it as an add-on to their current sites.
Accessing financial services and information available online has become the number one use of the internet worldwide. By offering this highly sought feature in conjunction with free e-mail service, TorchMail.com anticipates a significant leap in traffic as well as the resulting increase in advertising revenue.
TorchMail.com Professional Messaging, as provided through a strategic partnership with USA.NET, is accessible from virtually anywhere worldwide, connecting travelling employees, branch offices and dealer/distributor networks. It is available to TorchMail.com subscribers as a standard feature.
Ongoing expansion of CATHAYONLINE INC.'S Internet services, propels the Company further toward its goal of becoming a leading, fully diversified Internet company targeting Chinese-speaking markets in the People's Republic of China.
For more information, please visit our updated websites at: torchmail.com and cathayonline.com
CATHAYONLINE INC.
On Behalf of the Board of Directors Brian Ransom, Director
Statements included in this press release which are not historical in nature, are intended to be, and are hereby identified as ''forward-looking statements'' for purposes of the safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as amended by Public Law 104-67. Forward-looking statements may be identified by words including ''anticipate'', ''believe,'' ''intends,'' ''estimates,'' ''expect,'' and similar expressions. The Company cautions readers that forward-looking statements, including without limitation, those relating to the Company's future business prospects are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements.
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Contact:
Worldvision Financial, Casselberry, Fla.
Keith Baldridge, 888/345-6060 or 407/834-8944
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