TIPS Signs Strategic Alliance With Chinaus.net
NEW YORK, March 10 /PRNewswire/ -- Tianrong Internet Products and
Services, Inc. (OTC Bulletin Board: TIPS - news) announced today that it has
signed an agreement with China US Group Inc. (http://www.chinaus.net), which
serves as a gateway for business to business (B2B) between China and the
United States. China US Net will assist TIPS in several capacities, including
providing members for the soon to be launched Phonecalls.com
(http://www.phonecalls.com) website, locating merchants for the companies
recently announced B2B agreement with China Commodity City
(http://cccinfo.com.cn) and assisting Chinamalls.com
(http://www.chinamalls.com) in sourcing products from China.
China US Group, Inc., is a service provider of information related to
China and possesses the latest Data Bank of Resources relating to investment
and trade in China. Their large trade resources are designed to be transferred
to a B2B format on the internet. In addition, China US net maintains close
ties with the China Chamber of Commerce in both China and the United States.
Tianrong Internet Products and Services, Inc. is a U.S. holding company
whose strategy is the acquisition of Domestic and International Internet
Service Providers and related companies.
James Tilton, President of TIPS stated, "As has been our strategy over the
past several months, we continue to focus on our strategic alliances with
powerful Chinese partners. We feel that China US net certainly fits that
bill."
For further information on TIPS contact investor relations at
800-324-3464 or visit tipsstock.com.
This press release contains certain forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, which are intended to be covered
by the safe harbors created thereby. Investors are cautioned that all
forward-looking statements involve risks and uncertainties, including, without
limitation, the ability of Tianrong Internet Products and Services to
accomplish its stated plan of business. Tianrong Internet Products and
Services, Inc. believes that the assumptions underlying the forward-looking
statements contained herein are reasonable, any of the assumptions could be
inaccurate, and therefore, there can no assurance that the forward-looking
statements included in this press release will prove to be accurate. In light
of the significant uncertainties inherent in the forward-looking statements
included herein, the inclusion of such information should not be regarded as a
representation by Tianrong Internet Products and Services or any other person
that the objectives and plans of Tianrong Internet Products and Services will
be achieved.
SOURCE Tianrong Internet Products and Services, Inc.
-0- 03/10/2000
/CONTACT: TIPS investor relations, 800-324-3464/
/Web site: tipsstock.com
(TIPS) |
