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Non-Tech : CAOL: The Chinese AOL and Internet Lottery

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To: Khris Smith who wrote (657)10/4/1999 9:43:00 AM
From: slaffe  Read Replies (1) of 720
 
************************NEWS*******************************

CathayOnline Announces Agreement With Talk-Stock.com.

NEW YORK, Oct 4, 1999 (BUSINESS WIRE) -- CathayOnline Inc. (OTC
BB:CAOL) announced today that has entered into an agreement with
Talk-Stock with Me Inc., a public relations, financial communications,
and investor relations company. Information on CathayOnline is
available at the Talk-Stock.com website (http://www.talk-stock.com).

Talk-Stock.com promotes outstanding companies and investment
opportunities to a worldwide audience (in English, German, Spanish and
Chinese) on their website. Talk-Stock.com also serves as an interactive
forum for potential online investors via live audio and video
broadcasts.

Talk-Stock.com's professional services include guiding online
individuals to CathayOnline's Corporate Profile, research reports,
daily updates, breaking news, preferred brokers, and links to all
current information.

CathayOnline has also entered into an agreement with Johnson &
Associates of Maryland who will assist the Company with public
relations. These relationships are intended to increase timely
dissemination of information to investors.

CathayOnline Inc. continues to develop and engage in business that
provides significant cash flow opportunities and established
management. The continued expansion of CathayOnline's Internet services
propels the Company further toward its goal of becoming a leading,
fully diversified Internet company targeting Chinese-speaking markets.

CATHAYONLINE INC.

On Behalf of the Board of Directors Brian Ransom, President More
information can be obtained about CathayOnline by visiting
cathayonline.com 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.

Copyright (C) 1999 Business Wire. All rights reserved.
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