(COMTEX) B: CBQ, Inc. Announces Reliance Technologies to Develop Inte
B: CBQ, Inc. Announces Reliance Technologies to Develop Internet Based Employee
Incentive Program for Snelling Personnel Services
DALLAS, May 19, 2000 (BUSINESS WIRE) -- CBQ, Inc. (OTCBB:CBQI) The E-Business
Marketplace announced today that its wholly-owned subsidiary Reliance
Technologies has been awarded a contract to develop Snelling Personnel Services
Xtra Club Employee Incentive Program.
The website being developed is designed to allow employees of Snelling Personnel
Services to use the Internet for purchasing items from a catalog by redeeming
points earned during their temporary work assignments.
"Reliance Technologies has a proven reputation in developing innovative and
reliable e-commerce solutions," said Fred Morache, Vice President, Snelling
Personnel Services. "Their focus on our needs and ability to deliver on-time and
on-budget solidified our choice."
"It is a pleasure to work with Snelling Personnel Services on the Xtra Club
Incentive program," said Greg Allen, President, Reliance Technologies.
"Snelling's commitment to using innovative E-business technologies for this
program shows their desire to make this program accessible and easy to use for
their employees and office managers. Our expertise in this area will allow us to
implement a complete E-business solution for Snelling."
Snelling is one of the world's largest providers of Personnel Services for
business and industry. The success of millions of people, who have found their
jobs through Snelling, reflects the company's strong values and high standards
of performance. Since 1951, Snelling has been a career partner to employees and
a business partner to employers.
About CBQ, Inc. and Reliance Technologies
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 customers'
e-business initiatives. ChinaSoft, Inc. is a wholly-owned subsidiary of CBQ,
Inc. that is a joint-venture partner with CCSoft Technology Developing, Ltd.
(formerly, Beijing Zhongruan Zhixun Technology Developing Co.). Services include
Software Development for Enterprise computing and Internet Development. For more
information about CCSoft, visit www.ccsoft.com.cn. China Partners, Inc. is a
wholly-owned subsidiary of CBQ, Inc. that focuses on facilitating trade and
investment opportunities between companies in the United States and Chinese
through its trade portal, Chinapartners.net. For more information on CBQ, Inc.,
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.
CONTACT: VGS Marketing Group, Inc.
Valerie Gabriel-Swenson, 972/395-9034
vgs@onramp.net
or
CBQ, Inc.
John Harris, 972/732-1100
investors@cbq.com
or
China Partners, Inc./ChinaSoft, Inc./Capital House, LLC
Joan Worden, 202/337-5411 or 202/342-8113
wnsgl@aol.com
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KEYWORD: TEXAS
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS
INTERNET
SOFTWARE
TELECOMMUNICATIONS
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