To: Kimberly Lee who wrote (11230 ) 7/12/1999 8:46:00 AM From: Ga Bard Read Replies (2) | Respond to of 108040
Kim ... CBQI News look at who is listed at the end of the release ... not just CBQI ... FLashnet is there also. Things could be about ready to turn. Mr. Lee Thurburn, Chairman of Flashnet Communications, Inc. to Head Up CBQI's Advisory Board FT. WORTH, Texas, Jul 12, 1999 (BUSINESS WIRE via COMTEX) -- CBQ, Inc. (OTC BB:CBQI) announced today that.Mr. Lee Thurburn, Chairman of Flashnet Communications, Inc (Nasdaq:FLAS) will head the CBQ, Inc. advisory board. "E-commerce is going to impact the way consumers interact with businesses, but, the most dramatic impact will be seen in business to business transactions. I believe that CyberQuest is uniquely suited, with the bid4it technology, to make a significant contribution in the business to business arena." Says Mr. Thurburn. Mr. Thurburn, one of the co-founders of FlashNet Communications, Inc., has been involved in the Internet industry since 1995. Prior to FlashNet, Mr. Thurburn was involved in international business helping companies in the United States locate business relationships in Mexico. Mr. Thurburn has an undergraduate degree in Accounting and a Masters in International Business. "Lee represents a great success story in the metroplex. His knowledge and contacts in the internet industry will be an extremely valuable resource for CBQ. We are very excited about this development," says Rick Williamson President and CEO of CyberQuest. About FlashNet Based in Fort Worth, Texas, FlashNet Communications is one of the largest Internet service providers in the United States, serving consumer and small-business customers nationwide. An early pioneer of unlimited use, flat-rate pricing, FlashNet is a leader in providing a safe Internet service for families, businesses and schools. FlashNet is a pioneer in offering free PCs to new subscribers. With a $21.95-per-month, two-year subscription or a $19.95-per-month, three-year subscription to FlashNet's Unlimited Internet Access, new customers receive a free name-brand refurbished PC equipped with a Pentium processor, 64 MB of memory, a high-speed 56K modem, a 14-inch color monitor, five e-mail accounts, Microsoft Windows software. Technical and service warranties are included. For moreinformation, visit FlashNet's Web site at www.flash.net or call 800/FLASH20. About CBQ Inc. CyberQuest Inc., a wholly owned subsidiary of CBQ, Inc. (OTC BB:CBQI) is the developer of www.bid4it.com, a virtual, Internet-based marketplace based on the principles of securities trading. bid4it is a completely automated electronic marketplace that produces a "true" market price of products based on the open market interaction between bidders and sellers. Bidders electronically bid ("Bid") on desired products and may modify or delete their bids at any time before the Bid matches a Sellers "asking price" ("Ask"). The Seller may accept any Bid at any time and may modify or delete their Ask at any time before it matches a Bid. bid4it allows sellers to compete in a worldwide market for the buyers of all types of products. CyberQuest's CyberMarketMaker(tm) integrates the best features of securities trading and an auction market. Bidding activity is continually analyzed and asking prices moved up or down in response to market activity. When a "bid" and "ask" match, the transaction is electronically completed, and the product is ordered and shipped to the buyer with instant notification to all parties. For more information about CyberQuest visit www.bid4it.com (bid4it Web site) and www.cbq.com (Corporate Web site). This press release contains 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, please see the Company's filings with the Security 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 managementexpectations. Copyright (C) 1999 Business Wire. All rights reserved. -0- CONTACT: CBQI Chris Davis, 817/737-6100 E-mail: cdavis@cbq.com or Flashnet Publicis Dialog Melanie Ofenloch/Andy Shane, 214/443-9901 ext. 5423 or 2124