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To: Francois Goelo who wrote (1391)	10/20/1999 4:02:00 PM
From: Goldfort	Respond to of 1567

Golden Fortune Enters Into Option Agreement With ChinaTech COMPANY: Golden Fortune Investments Limited SYMBOL: Alberta Stock Exchange : GFX INDUSTRY: Wireless Internet Vancouver, British Columbia, October 20, 1999 - Golden Fortune Investments Limited (a public company trading on the Alberta Stock Exchange under the symbol "GFX") announced today that its Board of Directors has approved an option agreement with ChinaTech Trading Ltd. (Hong Kong) to acquire its wholly owned subsidiary G. F. Management Inc. ("GFMI"). As previously announced, GFMI is a joint venture partner with NORCEL to provide wireless modem connectivity to the Internet in China. The option agreement with ChinaTech provides for a USD$300,000 payment over 4 quarters to Golden Fortune; USD$5 Million Dollars of two year convertible preferred bonds with interest payments at 1.75% above prime rate as quoted by the Chase Manhattan Bank of New York. A further One Million warrants attached to the preferred bonds to purchase One Million common shares; and a USD$1 Million Dollars of funding by ChinaTech for Project Gateway within the next year. ChinaTech is a private venture fund in Hong Kong with a view towards financing technology companies in China. With the rapid expansion of the China Internet market from 4 million users to an anticipated 27 million users by 2001. ChinaTech intends on providing wireless connectivity to the Internet on both PC and Web TV formats. ChinaTech has assembled a management team of veteran wireless engineers and executives who are experienced in systems integration and the China market. Project Gateway is one of several technology projects being funded by ChinaTech including a China Portal devoted to 1.3 billion Chinese within China, as well as 60 million expatriate Chinese around the world. ChinaTech anticipates going public in Hong Kong and the United States in the near future after completion of its due diligence of Golden Fortune and China Internet market analysis. All appropriate regulatory filings will be made in Hong Kong, the United States and with the Alberta Stock Exchange. The management of ChinaTech and Golden Fortune believe that the success of Project Gateway and other technology projects in China will require access to capital markets, strategic alliances with technology partners, management expertise and a rapid marketing strategy. -30- Golden Fortune Investments Limited (ASE:GFX) is a diversified company with interests in technology licensing agreements, and other investment holdings including mining. Golden Fortune's Head Office is located in Vancouver, British Columbia, Canada. For further information regarding Golden Fortune Investments Limited and its ongoing corporate direction, please call toll free, 1-877-688-2623, E-mail: info10@gfil.com or visit our web site: www.gfil.com. Golden Fortune Investments Limited #298-1199 W. Pender St, Vancouver BC V6E 2R1 Toll Free: 1-877-688-2623 Website: www.gfil.com E-mail: info10@gfil.com The Alberta Stock Exchange has neither approved nor disapproved of the contents of this news release. ***posted by the company***

To: Francois Goelo who wrote (1391)	10/20/1999 7:48:00 PM
From: ezmoney	Read Replies (3) \| Respond to of 1567

Intermost Reports On A Successful Fiscal Year By Releasing 10K NEW YORK, N.Y., Oct. 20 /PRNewswire/ -- Intermost Corporation (OTC Bulletin Board: IMOT) announced today its audited 10K figures, showing net sales of $388,080. Intermost experienced a net loss for the year of $229,456 (a $0.03/share loss), due to its long-term R&D and product development efforts. Shareholders equity stands at $750,345. The audited figures were completed by Arthur Anderson, the largest and strongest accounting practice in China. Jun Liang, President of Intermost, stated, "This past fiscal year has been stellar for Intermost. Through long-term investments and key partnerships, we've greatly expanded our reach within the Chinese market. We've aggressively opened sales offices in major cities, increased funding to our joint ventures and spearheaded major product development efforts. We've increased market share within every niche of our business. Even with the high burn rate of product R&D, Intermost still gained a gross profit for the year of $202,695. We expect our investments this past year to come to fruition in the near future as the Chinese Internet market continues to be the fastest growing technology arena in the world. Intermost is the first US-listed information technology firm from China. The Company is an Internet content provider in China, focused on business-to-business content hosting and maintenance. Intermost is a market leader in providing services to large organizations and export-oriented companies. The Company recently signed a joint venture agreement with Jiayin Electronic Payment Technology Company, Ltd. to develop China's first network payment system. Jiayin's telephone banking system and computer network technology are used by over 75% of commercial banks in Shenzhen, the technology capital of China. Investor information can be found on the web at: www.MarketManagement.com or www.Intermost.com. Brokers call Steve Smith at: (407) 339-3337. "Safe Harbor" Statement Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. SOURCE Intermost Corporation CO: Intermost Corporation ST: New York, China IN: CPR TLS SU: ERN 10/20/1999 11:32 EDT prnewswire.com