(COMTEX) B: Fisher Named CEO of CBQ, Inc.
B: Fisher Named CEO of CBQ, Inc.
ADDISON, Texas, Jun 23, 2000 (BUSINESS WIRE) -- CBQ, Inc. (OTCBB:CBQI) The
E-Business Marketplace, announced today that Bart S. Fisher, Chairman of the
company, will also assume the role of Chief Executive Officer (CEO). John
Harris, who has been the CEO of CBQ, Inc. since October 1999, will be leaving
the company by the end of the month.
"I have enjoyed my tenure as CEO of CBQ, Inc. and believe the company has a
bright future. As the operations consolidate in Washington, D.C., however, I
will not be able, for family-related reasons, to make the move. I know that Bart
Fisher will do a wonderful job in moving the company forward," Harris said.
"John Harris has made a very positive contribution to CBQ, and we wish him
well," Fisher said. "CBQ, Inc. will continue to lead the way in Internet
development, particularly in the Business to Business segment of the
marketplace, in the United States and internationally," Fisher said.
About CBQ, Inc.
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: CBQ, Inc./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 DISTRICT OF COLUMBIA
INDUSTRY KEYWORD: E-COMMERCE
INTERNET
SOFTWARE
MANAGEMENT
CHANGES
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