To: Kimberly Lee who wrote (18714 ) 10/14/1999 9:32:00 AM From: Ga Bard Read Replies (2) | Respond to of 108040
CBQ Inc. - The E-Business Marketplace Announces Agreement to Build Portal for the How2 Company Business Editors & High-Tech Writers ADDISON, Texas--(BUSINESS WIRE)--Oct. 14, 1999--CBQ Inc. (OTC BB:CBQI) announced today its agreement with The How2 Company, Inc. to design, implement, host, process payments and build traffic for their first portal, how2buyacar.com. This portal will be dedicated to the 40 million car buyers that make up the 300 billion dollar new car industry. With NO manufacturer or dealer affiliations this site is dedicated to saving the consumer money and time when purchasing a new or used automobile. Plans for the portal include offering discounted extended warranties, automobile repairs, insurance, loans, club memberships, auctions, ask the expert and other car buyer and owner services. This agreement will be the first customer to utilize all of CBQ's suite of services in its E-Business Marketplace strategy. "Their knowledge and experience coupled with a complete product and service offering led to our choosing of CBQ. No other company we looked at offered a total solution to our E-Business requirements," said Bob Davis, President of The How2 Company, Inc. "We are extremely excited to be working with The How2 Company, Inc. Their dedication to the consumer first will be a refreshing change and will set their websites apart from the rest. The ability to offer a total E-Business Marketplace has seen its first success," said John Harris, CEO of CBQ, Inc. CBQ, Inc. The E-Business Marketplace, is a total end-to-end provider for implementing customer driven e-business solutions. Through its subsidiaries, Cyberquest, Inc., Reliance Technologies, Inc. and Priority One Electronic Commerce Corp it can design, implement, host, build traffic and process payments for its customers e-business initiatives. 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. For more information about CBQ Inc., The E-Business Marketplace, visit: www.cbq.com or contact Investor Relations at 972/732-1100. --30--SL/na* CONTACT: CBQ Inc. John Harris, 972/732-1100 investors@cbq.com