(BSNS WIRE) New President Announced for Quantum Technology Group, Inc.
New President Announced for Quantum Technology Group, Inc.
Business Editors/High Tech Writers
WASHINGTON--(BUSINESS WIRE)--Oct. 23, 2000--CBQ, Inc. The
E-Business Marketplace (OTCBB:CBQI) today announced that Gino Manna
has been named president and chief technology officer of CBQ affiliate
Quantum Technology Group, Inc. Russell Fisher was named as vice
president and chief operating officer. John Moran, formerly president
of Quantum Technology Group, Inc., will continue as President of CBQ,
Inc.
"The leadership changes at Quantum Technology Group will both
empower the management team and permit us to more effectively run that
business," said Bart S. Fisher, chairman and CEO of CBQ, Inc. "Gino
Manna, a first-rate technologist, has worked long and hard to mold
Quantum into an Information Technology leader. Of equal importance,
these changes will allow John Moran to focus on developing the many
corporate initiatives of CBQ, Inc., including growth internally and by
acquisitions," Fisher said.
About CBQ, Inc.
CBQ, Inc. is a full service, end to end E-Business solution
provider. Through its subsidiaries, led by Quantum Technology Group,
Inc., CBQ provides custom web-based software, including web portal
design and development, networking services and security, as well as
many other web-based solutions. The company also provides information
technology outsourcing resources to its clients. For more information
on Quantum Technology Group, visit www.qnettech.com.cn.
ChinaSoft, Inc. is a wholly owned subsidiary of CBQ, Inc. that is
a joint venture partner with CCSoft Technology Developing, Ltd.,
Beijing, China. Its services include Software Development for
Enterprise computing and Internet development. For more information
about CCSoft, visit www.ccsoft.com.cn.
China Partners is a subsidiary that is developing an Internet
portal between the United States and China to facilitate international
trade and investment opportunities between private sector companies as
well as facilitating trade between the private sector and government
owned industries in China.
China Wireless, Inc. is an early stage subsidiary that is
developing telecommunications projects in China.
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.
--30--srd/ny*
CONTACT: CBQ, Inc.
by
Joan Worden Public Relations
Joan Worden, 202-337-5411
KEYWORD: DISTRICT OF COLUMBIA CHINA INTERNATIONAL ASIA PACIFIC
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS E-COMMERCE INTERNET
NETWORKING SOFTWARE MANAGEMENT CHANGES
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