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Non-Tech : CAOL: The Chinese AOL and Internet Lottery -- Ignore unavailable to you. Want to Upgrade?

To: Khris Smith who wrote (657)	10/4/1999 9:43:00 AM
From: slaffe	Read Replies (1) \| Respond to of 720

**********************NEWS***************************** CathayOnline Announces Agreement With Talk-Stock.com. NEW YORK, Oct 4, 1999 (BUSINESS WIRE) -- CathayOnline Inc. (OTC BB:CAOL) announced today that has entered into an agreement with Talk-Stock with Me Inc., a public relations, financial communications, and investor relations company. Information on CathayOnline is available at the Talk-Stock.com website (http://www.talk-stock.com). Talk-Stock.com promotes outstanding companies and investment opportunities to a worldwide audience (in English, German, Spanish and Chinese) on their website. Talk-Stock.com also serves as an interactive forum for potential online investors via live audio and video broadcasts. Talk-Stock.com's professional services include guiding online individuals to CathayOnline's Corporate Profile, research reports, daily updates, breaking news, preferred brokers, and links to all current information. CathayOnline has also entered into an agreement with Johnson & Associates of Maryland who will assist the Company with public relations. These relationships are intended to increase timely dissemination of information to investors. CathayOnline Inc. continues to develop and engage in business that provides significant cash flow opportunities and established management. The continued expansion of CathayOnline's Internet services propels the Company further toward its goal of becoming a leading, fully diversified Internet company targeting Chinese-speaking markets. CATHAYONLINE INC. On Behalf of the Board of Directors Brian Ransom, President More information can be obtained about CathayOnline by visiting cathayonline.com Statements included in this press release which are not historical in nature, are intended to be, and are hereby identified as "forward-looking statements" for purposes of the safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as amended by Public Law 104-67. Forward-looking statements may be identified by words including "anticipate," "believe," "intends," "estimates," "expect," and similar expressions. The Company cautions readers that forward-looking statements, including without limitation, those relating to the Company's future business prospects are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements. Copyright (C) 1999 Business Wire. All rights reserved.