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Microcap & Penny Stocks : ChinaMallUSA.com (CHML)

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To: vestor who wrote (117)9/14/2000 6:53:13 PM
From: vestor   of 122
 
NEWS!!!

CHML is heading in the right direction!!! Soon to be relisted

Wednesday September 13, 3:21 pm Eastern Time

Press Release

SOURCE: ChinaMallUSA.com

ChinaMallUSA.com Announces Audit Report Completion

NEW YORK, Sept. 13 /PRNewswire/ -- ChinaMallUSA.com (CHML), a development stage company that engages in major
technology projects in partnership with leading Chinese institutions, announced today the successful completion of its
comparative annual certified audit report for the years ending December 31, 1999, and 1998.

Issued by James T.J. Woo, a New York-based CPA firm, the independent auditor's report is a necessary element for
ChinaMall's impending filing of its SEC form 10-SB. Max Chen, Chairman and President of ChinaMall, called the results ``a
positive step forward on the way to full SEC compliance.''

Interested shareholders may obtain a copy of the report by request to Shirley Han at info@chinamallusa.com, (212)
938-0822 (fax).

About ChinaMallUSA.com

ChinaMall is a development stage company that engages in major technology projects and joint ventures in China in
partnership with leading Chinese institutions. These projects are national in scope, often eMarketplace related, and in need
of US know-how in finance, technology, and marketing. ChinaMall brings these parties together, enabling the building of
best-of-breed IT infrastructure.

Safe Harbor

A number of statements contained in this release are forward-looking statements that are made pursuant to the Safe Harbor
provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of
risks and uncertainties, including the timely development and market acceptance of products and technologies, competitive
market conditions, successful integration of acquisitions, and the ability to secure additional sources of financing. The actual
results that ChinaMallUSA.com may achieve may differ materially from any forward-looking statements due to such risks
and uncertainties.
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