Has anyone looked at CBQI and more news today ... it is an OTC but not sure if for how long...
CBQ, Inc. (OTC BB:CBQI) The E-Business Marketplace, announced
today that it has formed a new affiliate, China Partners, Inc. This
wholly-owned subsidiary of CBQ will launch an e-commerce portal that
will facilitate business transactions between Chinese and U.S.
companies. Additionally, China Partners, Inc. will work with
state-owned trading companies and private exporters in China to
promote sales to the U.S. market of new product offerings from China.
CBQ will distribute imports from China directly to U.S. retailers, on
its Chinapartners.net Internet Trade Portal.
Chinapartners.net will provide language translation, currency
translation and trade development services directly from this portal.
China Partners, Inc. will sponsor trade delegations to China for its
members and guide companies that are seeking trade and investment
opportunities. Additionally, Chinapartners.net will develop Chinese
Language websites for its U.S. customers and English Language websites
for its Chinese customers.
Bart S. Fisher, Chairman of Chinasoft, Inc. will also lead this
venture, "China offers a new world of opportunities for international
trade and investment. We intend to take advantage of the access to
China now promised by China's accession to the World Trade
Organization. Chinapartners.net is uniquely positioned to allow
companies to enter the Chinese marketplace while simultaneously
expanding export opportunites from China."
"Chinapartners.net is a logical extension of our E-Business
Marketplace for expansion into the Chinese market," commented John
Harris, CEO, CBQ, Inc. "China Partners, Inc. will permit CBQ and other
companies to take advantage of the quality and competitive price
advantages offered by China."
Chinapartners.net through CBQ's internet properties
Prioritycash.com and Prioritylink.net will support direct business to
business e-commerce. Additional alliances with Banks, Insurance
Companies, Import/Export Agencies, Attorneys, Shipping Companies and
other trade related services will be announced in the coming weeks.
Companies seeking to do business in China or utilize services
available in China can contact chinapartners@cbq.com.
About CBQ
CBQ, Inc. The E-Business Marketplace, is a total end-to-end
provider for implementing customer driven e-business solutions.
Through its subsidiaries, 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.
ChinaSoft, Inc. is a wholly-owned subsidiary of CBQ, Inc., that is
affiliated with Beijing Zhongruan Zhixun Technology Development Co.
Services include Software Development services for Enterprise
computing and Internet Development Services. China Partners, Inc. is a
wholly-owned subsidiary of CBQ, Inc., Its primary focus is
facilitating trade and investment opportunities between U.S. and
Chinese companies through its trade portal Chinapartners.net
CBQcare.net, provides a Web-based health care management system with
applications such as practice management software for patient
scheduling, referrals, messaging, charting, insurance claim
generation, prescription and formulary management.
For more information, visit www.cbq.com.
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.
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CONTACT: VGS Marketing Group, Inc.
Valerie Gabriel-Swenson, 972/395-9034
(Direct Line, 972/741-4400)
vgs@onramp.net
or
China Partners, Inc./ChinaSoft/Capital House, LLC
Joan Worden, 202/337-5411 or 202/342-8113
or
CBQ, Inc.
John Harris, 972/732-1100
investors@cbq.com |
