TNRG NEWS!!
Tianrong Announces Completion of Second Phase of CD-ROM Interactive Game
NEW YORK, Sept. 15 /PRNewswire/ -- Tianrong Building Material Holdings, Ltd. (OTC Bulletin Board: TNRG) announced today that it has completed the second phase of its CD-ROM game based on the legend of the lost continent of Atlantis. The graphics are three dimensional and the game is interactive. The game combines the best elements of action/adventure and strategy/role playing. As a result, the player must use both hand-eye coordination and logic to win. By using the most advanced technology in the industry of computer games, the resolution can be up to 1024x768 and the color depth can be up to 16 bit.
According to the NPD group, a marketing information provider, the reported retail sales for computer and console game software in 1998 exceeded $6.3 billion in the U.S. alone, a 27% increase over 1997. Today, the total revenue of the game industry ranks the second in the entertainment industry.
Viewers can access this phase by visiting tnrg.com.
The Company intends to market the game directly and through selected stores. Completion of the game is anticipated at the end of September, 1999 and in time for the Christmas rush.
James Tilton, President of TNRG, said, "We are thoroughly excited at the progress of our gaming division and we feel that when our shareholders and other interested parties view this phase they will see, first hand, the basis for our enthusiasm."
Tianrong is a business development company that has set as its goal the acquisition of businesses in numerous industries and plans to apply Tianrong's management expertise to quickly grow value in the acquired businesses. Tianrong has announced future stock dividends in three subsidiaries and on a long-term basis may elect to issue stock dividends in other subsidiaries.
For further information contact investor relations at 212-398-7833 or visit tnrg.com.
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including, without limitation, the ability of Tianrong Building Material Holdings to accomplish its stated plan of business. Tianrong Building Material Holdings believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and, therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by Tianrong Building Material Holdings or any other person that the objectives and plans of Tianrong Building Material Holdings will be achieved.
SOURCE Tianrong Building Material Holdings, Ltd.
CO: Tianrong Building Material Holdings, Ltd.
ST: New York
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