(COMTEX) B: CBQ Subsidiary Quantum Net Technologies Changes Name to C
B: CBQ Subsidiary Quantum Net Technologies Changes Name to CBQ NETSERV and
Announces Management Changes
HUNT VALLEY, Md., Mar 19, 2001 (BUSINESS WIRE) -- CBQ, Inc. (OTCBB:CBQI), the
e-Business Infrastructure Company, today announced that its Quantum Net
Technologies subsidiary in Hunt Valley, Maryland, has changed its name to CBQ
NETSERV to better communicate that the company's focus is network integration
and related services.
Russell Fisher, who will assume the role of Chief Operating Officer, will manage
the daily operations of CBQ NETSERV. Mr. Fisher will continue to direct the Hunt
Valley, Maryland, operation in the network services area and with a focus on the
Maryland and mid-Atlantic regions.
CBQ NETSERV complements the operations of CBQ's newly acquired software
outsourcing subsidiary, EasySoft International, by providing network integration
and messaging technology, thus allowing CBQ to deliver end-to-end solutions to
its customers.
The network services provided by CBQ NETSERV include consulting services, LAN
and WAN development and implementation, O/S upgrades, and project management.
"CBQ NETSERV will continue to provide our customers with the highest quality
information technology infrastructure necessary to operate efficiently in the
Internet and e-Business economy," said Russell Fisher. "Our offerings empower
our clients to rapidly implement technology strategies, and enhance business
functions. CBQ NETSERV is a leader in network services, web design and
development, messaging, with expertise in Domino and Lotus Notes. We are leaders
in the messaging and integration space in the mid-Atlantic region."
Apart from Russell Fisher, the following executive promotions at CBQ NETSERV
were also announced. Leann Zawodniak has been named Vice President, Finance;
Mark Butler has been named Vice President of Sales and Marketing; and John
Woodley has been named as Vice President of Technical Services.
"CBQ NETSERV has provided high quality IT infrastructure and services to
business, government and industry in the Baltimore region for many years," said
Bart S. Fisher, Chairman, CBQ, Inc. "Russell Fisher, Leann Zawodniak, Mark
Butler, and John Woodley form an outstanding management team to make CBQ the one
stop shop for companies seeking to expand their e-Business operations," he said.
To learn more about CBQ NETSERV visit its web site at cbqnet.com, or
contact us at 800/296-9670.
About CBQ, Inc.
CBQ, Inc. is a full service, end-to-end e-Business solution provider through its
software-outsourcing subsidiary EasySoft International Inc., Beijing, China and
Miami, Fl., and network integration subsidiary, CBQ NETSERV, Hunt Valley, MD.
The Company has state-of-the-art offshore software development facilities
located in China that enable it to provide high quality, cost-effective services
to clients in a resource-constrained environment. The Company's services, which
may be offered on a fixed-time frame, fixed-price or time-and-materials basis,
include custom software development, maintenance and re-engineering services as
well as dedicated offshore software outsourcing for certain clients. The company
also provides U. S. information technology outsourcing resources to its clients.
For more information on CBQ, Inc., visit 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: Marketex, Coral Springs, Fla.
CBQ Investor Relations:
Gary Swancey, 954/757-0582
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KEYWORD: MARYLAND
INDUSTRY KEYWORD: NETWORKING
SOFTWARE
MANAGEMENT
CHANGES
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