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To: Jim Bishop who wrote (3475)	7/13/1999 11:02:00 AM
From: Frederick Langford	Respond to of 150070

CHML <ChinaMall> for a play on CHINA.com IPO Fred

To: Jim Bishop who wrote (3475)	7/13/1999 11:03:00 AM
From: Investor Clouseau	Respond to of 150070

CHAT news; CHATSWORTH, Calif.--(BUSINESS WIRE)--July 13, 1999--CEO Roche has set up a Task Force in sweeping changes and reorganization of ChatCom (Nasdaq Bulletin Board:CHAT). Each member of the Task Force team has specific objectives and target dates. The company needed to be re-energized and by assigning various tasks and responsibilities each team member now feels that their contributions are important. Roche stated there is nothing new in doing this, just a chance to maximize the wealth of human resources within the company in such a manner that everyone now feels they will be playing a role in the renewed ChatCom. Roche is already in Joint Venture discussions with a major company relative to new products and new markets utilizing some of ChatCom's technology. As their Chairman Dick Gordon might say, "Houston, we have ignition." Even though Roche is enthusiastic about the future of ChatCom, he is also very cautious and makes it very clear that ChatCom is not out of the woods and has many hurdles to jump before the company has clear sailing. In warning, there are no guarantees and investors should be extremely wary, as nothing is cast in concrete and the plan could fall apart unless everything comes together at the proper time. Statements contained in this news release which are not historical facts are forward-looking statements under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Although the Company believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurances that its expectations will be attained. Forward-looking statements involve known and unknown risks that could cause the Company's actual results to differ materially from expected results, including the need to raise additional capital and those risks described in the Company's various filings with the SEC, including Form 8K filed April 1999. --30--crd/sf* CONTACT: James P. Roche, 818/998-5298