CBQ Inc. - The E-Business Marketplace Announces Agreement to Build Portal for
the How2 Company
Business Editors & High-Tech Writers
ADDISON, Texas--(BUSINESS WIRE)--Oct. 14, 1999--CBQ Inc.
(OTC BB:CBQI) announced today its agreement with The How2 Company,
Inc. to design, implement, host, process payments and build traffic
for their first portal, how2buyacar.com. This portal will be dedicated
to the 40 million car buyers that make up the 300 billion dollar new
car industry. With NO manufacturer or dealer affiliations this site is
dedicated to saving the consumer money and time when purchasing a new
or used automobile. Plans for the portal include offering discounted
extended warranties, automobile repairs, insurance, loans, club
memberships, auctions, ask the expert and other car buyer and owner
services.
This agreement will be the first customer to utilize all of CBQ's
suite of services in its E-Business Marketplace strategy. "Their
knowledge and experience coupled with a complete product and service
offering led to our choosing of CBQ. No other company we looked at
offered a total solution to our E-Business requirements," said Bob
Davis, President of The How2 Company, Inc.
"We are extremely excited to be working with The How2 Company,
Inc. Their dedication to the consumer first will be a refreshing
change and will set their websites apart from the rest. The ability to
offer a total E-Business Marketplace has seen its first success,"
said John Harris, CEO of CBQ, Inc.
CBQ, Inc. The E-Business Marketplace, is a total end-to-end
provider for implementing customer driven e-business solutions.
Through its subsidiaries, Cyberquest, Inc., Reliance Technologies,
Inc. and Priority One Electronic Commerce Corp it can design,
implement, host, build traffic and process payments for its customers
e-business initiatives.
This news release includes forward-looking statements related to
CBQ Inc. that involve risks and uncertainties, including, but not
limited to, quarterly fluctuations in results, the management of
growth, market acceptance of certain products and other risks. These
forward-looking statements are made in reliance on the "safe-harbor"
provisions of the Private Securities Litigation Reform Act of 1995.
For further information about these factors that could affect CBQ's
future results, see the company's filings with the Securities and
Exchange Commission (the "Commission"). Prospective investors are
cautioned that forward-looking statements are not guarantees of future
performance. Actual results may differ materially from management
expectations.
For more information about CBQ Inc., The E-Business Marketplace,
visit: www.cbq.com or contact Investor Relations at 972/732-1100.
--30--SL/na*
CONTACT: CBQ Inc.
John Harris, 972/732-1100
investors@cbq.com
|
