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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: Kimberly Lee who wrote (20327)	10/27/1999 9:28:00 AM
From: Ga Bard	Respond to of 108040

CBQI News (This new management team is getting things done. Deal with watchmegrow.com, CareNet.com, Signio and now Mattress Giant... not bad for the time they have been in position.) Mattress Giant Selects CBQ, Inc. The E-Business Marketplace to Develop E-Commerce Site Business Editors & High-Tech Writers DALLAS--(BUSINESS WIRE)--Oct. 27, 1999--CBQ Inc. (OTC BB:CBQI) The E-Business Marketplace announced today that its subsidiary, Reliance Technologies, Inc., has been selected by Mattress Giant, the fastest growing mattress retailer in North America, to develop its E-Commerce site. This site will be designed to make shopping for a mattress easier then ever before. Mattress Giant has over 175 stores throughout the U.S. in what has become a familiar sign of traditional retail stores adding e-commerce as a new means to drive revenue. Reliance Technologies, Inc. will be providing both programming and hosting services as Mattress Giant launches its new E-Business website. "Mattress Giant represents another key opportunity for Reliance Technologies and CBQ to expand its reputation as a premier e-business solution provider. This site will showcase our ability to implement a robust buying platform to keep shoppers coming back." Said Greg Allen, President of Reliance Technologies, Inc. "Reliance Technologies, Inc. and CBQ have shown their willingness to sit down and learn our business requirements and customize a solution to meet our needs. This site represents a giant leap in buying mattresses over the Internet. Its ease of use along with our advantage in being able to offer local showrooms and local delivery will continue our tradition of giving the consumer the best possible alternatives and value." Said Phil Lang, President and CEO of Mattress Giant, 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--AR/na* CONTACT: CBQ Inc. John Harris, 972/732-1100 investors@cbq.com