!CBQI-NEWS! (COMTEX) B: Mattress Giant Selects CBQ, Inc. The E-Business Marketpla
B: Mattress Giant Selects CBQ, Inc. The E-Business Marketplace to Develop
E-Commerce Site
DALLAS, Oct 27, 1999 (BUSINESS WIRE) -- CBQ Inc. (OTC BB:CBQI) The
E-Business Marketplace announced today that its subsidiary, Reliance
Technologies, Inc., has been selected by Mattress Giant, the fastest
growing mattress retailer in North America, to develop its E-Commerce
site. This site will be designed to make shopping for a mattress easier
then ever before. Mattress Giant has over 175 stores throughout the
U.S. in what has become a familiar sign of traditional retail stores
adding e-commerce as a new means to drive revenue. Reliance
Technologies, Inc. will be providing both programming and hosting
services as Mattress Giant launches its new E-Business website.
"Mattress Giant represents another key opportunity for Reliance
Technologies and CBQ to expand its reputation as a premier e-business
solution provider. This site will showcase our ability to implement a
robust buying platform to keep shoppers coming back." Said Greg Allen,
President of Reliance Technologies, Inc.
"Reliance Technologies, Inc. and CBQ have shown their willingness to
sit down and learn our business requirements and customize a solution
to meet our needs. This site represents a giant leap in buying
mattresses over the Internet. Its ease of use along with our advantage
in being able to offer local showrooms and local delivery will continue
our tradition of giving the consumer the best possible alternatives and
value." Said Phil Lang, President and CEO of Mattress Giant, 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.
Copyright (C) 1999 Business Wire. All rights reserved.
Distributed via COMTEX.
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CONTACT: CBQ Inc.
John Harris, 972/732-1100
investors@cbq.com
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