(BSNS WIRE) CBQ Sponsors Conference on ``CyberChina: Prospects and Opportun
CBQ Sponsors Conference on ``CyberChina: Prospects and Opportunities'' on May
16, 2001
Business Editors/High-Tech Writers
HUNT VALLEY, Md.--(BUSINESS WIRE)--April 25, 2001--CBQ, Inc. The
E-Business Infrastructure Company (OTCBB:CBQI) announced today its
sponsorship of a conference on May 16, 2001, "CyberChina: Prospects
and Opportunities."
The purpose of the conference will be to focus on new horizons in
the development of the Information Technology industry in China. The
co-sponsors of the program will be The Maryland-China Business Council
and the Software & Information Industry Association, and it will be
held on May 16, 2001, from 5:30 P.M.-8 P.M. at the law offices of
Porter, Wright, Morris & Arthur, 1919 Pennsylvania Ave., N.W., Suite
500, Washington, D.C.
Issues that will be considered at the conference will include
analyses of the current situation in China for software outsourcing,
the growth of the Internet in China, the future for B2B Internet
exchanges with the United States, and the protection of intellectual
property rights in China. A panel of experts will consider the broad
picture, and present case studies of particular enterprises now
operating in China.
The speakers will be: Bart Fisher, Chairman, CBQ, Inc.; Lauren
Hall, Executive Vice President, Software & Information Industry
Association; Xiaomng Jin, Minister-Counselor for Science and
Technology, Embassy of the People's Republic of China; Wei Sun,
President EasySoft International, Inc. (a wholly-owned subsidiary of
CBQ, Inc.); John Thompson, Managing Editor, China Online, Inc.
"CBQ is pleased to support this program on CyberChina, and we
would like to invite our shareholders to attend as our guests," said
Bart S. Fisher, Chairman and CEO of CBQ. "China has adopted new
policies to fuel the expansion of its rapidly-growing software
industry. As a leader in software outsourcing from China we are
anxious to spread the word about the potential of China as a workshop
for American industry. As profit margins become squeezed American
companies will look increasingly for lower cost solutions for the
development of software for E-Business solutions."
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., provides technology
and network Integration engineering services subsidiary Networkland,
Rosslyn, Virginia, software programming and development subsidiary
Technet Computer Services, Inc., India and Tyson's Corner, Virginia,
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, testing and re-engineering
services as well as dedicated offshore software outsourcing for
certain clients. The company also provides U.S. based 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.
--30--law/mi*
CONTACT: Marketex, Coral Springs, Fla.
CBQ Investor Relations:
Gary Swancey, 954/757-0582
KEYWORD: MARYLAND FLORIDA CHINA INTERNATIONAL ASIA PACIFIC
INDUSTRY KEYWORD: E-COMMERCE NETWORKING SOFTWARE
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