2/23/00 a.m. news release Investor Relations CathayOnline Inc. Tel: (604) 688-1844
February 23, 2000 New York, New York
NEWS RELEASE CATHAYONLINE INC.
(OTC BULLETIN BOARD - SYMBOL "CAOL")
CATHAYONLINE APPOINTS KENNETH LEVY AS DIRECTOR www.cathayonline.com
NEW YORK-Feb 23--CATHAYONLINE INC. is pleased to announce the Company has appointed Mr. Kenneth Levy to the Board of Directors. Mr. Levy, with broad international experience in investment banking, marketing, retailing and the Internet, is currently the president of a development firm specializing in Internet related companies. He has served as director of a number of publicly traded companies, and he has been the Senior Managing Director of a New York investment banking and brokerage firm. In addition, Mr. Levy's accomplishments include: president of an investment-banking firm; president and a founder of a firm which invested in and developed businesses in the Soviet Union; and, president and founder of a 21 store specialty clothing chain.
About CathayOnline CathayOnline is aggressively striving to become a leading fully-diversified Internet company targeting Chinese-speaking markets of the world, with primary focus in the People's Republic of China. Through key acquisitions, joint ventures, and prestigious international and domestic alliances, the Company is facilitating the delivery of unparalleled products and services in two high growth areas: (1) Internet connectivity; and, (2) email and advanced Internet communication services. More information can be obtained about CathayOnline by visiting cathayonline.com.
CATHAYONLINE INC. For further information contact Barbara Manui of: HOWARD BRONSON & ASSOCIATES at (212) 867-6160 |