CBQI NEWS!!!!!
(BSNS WIRE) CBQ, Inc. Announces Launch of Embedded Internet Service Prov
CBQ, Inc. Announces Launch of Embedded Internet Service Provider Division for
Deployment in the United States and China
Business Editors
ADDISON, Texas--(BUSINESS WIRE)--Jan. 5, 2000--
EmbeddedISP.com to Offer Complete Turnkey Services to Internet
Appliance Manufacturers and Designers
CBQ, Inc. (OTC BB:CBQI) The E-Business Marketplace announced
today its launching of EmbeddedISP.com, The ISP for Internet Appliance
Manufacturers.
This service is designed to provide connectivity for the non-pc
appliances that, according to International Data Corporation (IDC),
will account for nearly half of all World Wide Web accesses by
consumers by 2002. Its estimated unit size is over 43 million by the
end of 2001 and over 150 million units in 2002. The IDC study
evaluated the impact of web-enabled PDAs, video game consoles,
telephones and TV set-top boxes.
This connectivity will allow devices such as set-top boxes,
VCR's, refrigerators, medical devices, game consoles, PDAs, cellular
telephones and other electronic equipment to interact with the
Internet through a secure environment. As software for these devices
advances you could send a fax to a cellular phone or automatically
notify a central service facility that a device is failing or about to
fail.
John Harris, CEO, CBQ, Inc. commented, "The embedded device
industry represents a untapped market for Internet service providers.
By offering the device manufacturer a one-stop resource for managing
and deploying secure access for their devices, CBQ will become a
leader in this field. China represents a particularly important market
for us, as it is estimated to have the worlds largest Internet market
by 2005, and now is the worlds third-largest market for cellular
telephone."
The creation of the embedded Internet device market has occurred
due to the continuing development of network on a chip designs from
companies like Motorola, NetSilicon, Hitachi and Texas Instruments.
The costs to integrate this technology has declined to a point where
the largest obstacle to market acceptance is management of the devices
once they are deployed. CBQ will offer the device manufacturer a
one-stop resource for connectivity and management of their devices.
Currently, CBQ is in discussion with two manufacturers of
Internet appliances and is actively seeking additional service
bundling opportunities. Dialup service is available on a trial basis
in the Dallas/Ft. Worth area and wireless access is expected to be
available by the end of the first quarter. CBQ will also market this
service to the growing Chinese market through its subsidiary
Chinasoft, Inc.
About EmbeddedISP.com
EmbeddedISP.com is the embedded Internet division of CBQ, Inc.
This division will focus on bundling access for embedded Internet
devices and providing custom integration services for the emerging
Internet appliance industry.
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 customer's 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
KEYWORD: TEXAS INTERNATIONAL ASIA PACIFIC
INDUSTRY KEYWORD: INTERNET
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