PR NEWS
Monday April 12, 1:29 pm Eastern Time
Company Press Release
SOURCE: Tianrong Internet Products and Services, Inc.
Tianrong Internet Names A-web Lead Developer of E-Commerce Shopping Mall
SAN FRANCISCO, April 12 /PRNewswire/ -- Tianrong Internet Products and Services, Inc. (OTC Bulletin Board: TIPS - news) has named A-web Marketing Services, Inc. (www.aweb.com) the lead developer of its e-commerce shopping mall site. TIPS internet shopping mall will feature products on sale from a shopping site located in the Province of Szechuan. The mall is over 200,000 square feet and contains over 100 retail and wholesale stores and grosses over $140 million in sales annually. All products sold at the mall will be available for purchase through the e-commerce site owned by TIPS. The site will be written in both English and Chinese so that shoppers speaking either language will be able to easily purchase goods from the site.
A-web provides a full range of internet services including web site hosting and state-of-the-art web site design. In addition, the company is an internet service provider and offers turnkey e-commerce solutions for its corporate clients. Its clients include Bidandshop.com (www.bidandshop.com), Accommodations Express (www.accommodationsexpress.com), Monarch Design Systems (www.monarchcad.com) and Yellow Book USA (www.yellowbook.com). A-web is also the leading Chinese internet and e-commerce company in New York, among their major Chinese clients is the Ming Pao Daily News (www.mingpaousa.com). Ming Pao is one of Hong Kong's most influential newspapers.
TIPS anticipates that its e-commerce site will be up and available to internet shoppers by the end of April.
James Tilton, president of TIPS, stated ''I am extremely excited about the development of this e-commerce site. Our long-term projections indicate that we will have strong activity at this site from both the English speaking world and the Chinese speaking world. In other words, we will have the normal English speaking market to offer goods and services to and as China develops our Chinese market will continue to expand.''
Separately, TIPS announced that information regarding its company is now available at www.tipsstock.com.
Tianrong Internet Products and Services, Inc. is a US holding company whose strategy is the acquisition of domestic and international internet service providers and related companies.
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including, without limitation, the ability of Tianrong Internet Products and Services, Inc. to accomplish its stated plan of business. Tianrong Internet Products and Services, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and, therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by Tianrong Internet Products and Services, Inc. or any other person that the objectives and plans of Tianrong Internet Products and Services, Inc. will be achieved.
SOURCE: Tianrong Internet Products and Services, Inc.
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