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Microcap & Penny Stocks : TIPS Tianrong Internet Products & Services
TIPS 0.02200.0%Oct 31 9:30 AM EST

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To: BishopsChild who wrote (196)4/11/2000 9:44:00 AM
From: BishopsChild  Read Replies (1) of 203
 
TAP........you now owe me 100 shares ;-)

*********************NEWS****************

Tuesday April 11, 9:13 am Eastern Time

Company Press Release

SOURCE: Tianrong Internet Products and Services, Inc.

TIPS Phonecalls.com Expands Service In China

NEW YORK, April 11 /PRNewswire/ -- Tianrong Internet Products and Services, Inc. (OTC Bulletin Board: TIPS - news)
announced today that its wholly owned subsidiary, Phonecalls.com, Inc. (http://www.phonecalls.com), has expanded its telecommunications service in China. The
Company will provide service to major Chinese cities including, Shanghai, Fuzhou, Beijing, Zhuhai, etc. Phonecalls.com was able to complete this expansion by
signing an agreement with its China telecommunications partner, 3Jet Network E&S Co., LTD. (http://www.3jet.com) Partnering with 3JET will allow
Phonecalls.com to provide state of the art, reliable Voice Over Internet Protocol (VoIP) service to mainland China at highly competitive rates.

3JET Network E&S Co., Ltd. is a network service and equipment provider based out of Zhuhai, China. 3JET is one of the original Voice Over the Internet
companies in China and is working to bring China and the world together at significantly reduced calling rates through the latest in Internet Telephony technology.

James Tilton, President of TIPS stated, ``We will continue to make every effort possible, in order to further our expansion into the China telecommunications market.
By building solid partnerships with companies like 3JET we are arriving one step closer to building a world class ITSP network.'

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.

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.
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