TNRG Launches Healthysite.com
March 15, 2000 03:34 PM
NEW YORK, March 15 /PRNewswire/ -- Tianrong Building Material Holdings, Ltd., TNRG announced today that it has officially launched Healthysite.com, (http://www.healthysite.com) as its Health and Medical E-Commerce website. The primary objective of the website will be to provide a complete health and medical resource on the Internet, offering a dynamic database driven web portal for those in need of health and medical information, products and services.
TNRG would like to remind its shareholders that this health and medical website will be a part of Tianrong Medical Group, Inc., along with the recently FDA approved personal computer based electrocardiogram monitor known as "The Tracker." All TNRG shareholders as of the record date of March 31, 2000 will receive one (1) right to purchase one (1) share of the common stock of Tianrong Medical Group, Inc. for every four (4) shares of TNRG that they own for $0.05. Affiliates and controlling shareholders, which include management, shall not be eligible to participate in the Rights Offering.
James Tilton, President of TNRG, stated, "I am pleased that we were able to meet our goal and have Healthysite.com on line more than two weeks before the March 31st record date. In our opinion, it will be as fine a health and medical website as there is today and it will only get better."
Tianrong is a business development company that intends to engage in the acquisition of businesses across several sectors and, through the application of its management expertise, to enhance shareholder value.
For further information contact investor relations at 800-324-3464 or visit tnrg.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 Building Material Holdings to accomplish its stated plan of business. Tianrong Building Material believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be 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 Building Material Holdings or any other person that the objectives and plans of Tianrong Building Material Holdings will be achieved.
SOURCE Tianrong Building Material Holdings, Ltd.
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