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Microcap & Penny Stocks : CBQ Inc CBQI -- Ignore unavailable to you. Want to Upgrade?

To: Frank Fontaine who wrote (1061)	11/4/1999 3:53:00 PM
From: Frank Fontaine	Read Replies (2) \| Respond to of 1101

!NEWS! (BSNS WIRE) CBQ, Inc. The E-Business Marketplace to Develop e-travelinsu CBQ, Inc. The E-Business Marketplace to Develop e-travelinsurance.com For ISL Services Business Editors DALLAS--(BUSINESS WIRE)--Nov. 4, 1999--CBQ Inc. (OTC BB:CBQI) announced today that it has been selected by ISL Services (Guernsey) Ltd. to develop an E-Commerce site for its range of travel insurance products. The rapidly expanding worldwide travel insurance industry is looking to the internet to provide fuel for additional growth. e-travelinsurance.com will offer complete insurance packages designed for both the frequent business traveler and the leisure holiday seeker. e-travelinsurance.com's insurance programs are underwritten by GAN Insurance Company, one of the leading UK general insurers with 1997 gross written premiums of 446 million British Pounds (US $740 million). GAN is part of Groupama which is the second largest general insurer in France and one of the top ten insurers in Europe, with a turnover in excess of FF80 billion (US$13.3 billion) and FF250 billion (US$41.6 billion) in assets under management. Groupama currently enjoys a Standard and Poors Claims Paying Ability Rating of AA, employs 27,000 people worldwide and has 8 million customers. "CBQ Inc. is proud to provide its complete suite of products and services in the development, deployment, payment processing and internet marketing of this new e-commerce initiative. ISL Services has a proven track record in developing creative travel insurance programs for the world traveler," said John Harris, CEO, CBQ Inc. "ISL Services feels that there is a rapidly expanding acceptance by consumers to make purchases over the internet, and a growing awareness of the values that are available. We look forward to allowing the price and quality conscience consumer the opportunity to purchase the best products available direct from our company in Guernsey. Till now, our products were only available from one of our four offices, so we are very excited by this development," said Gregg Weiner, Director, ISL Services. "CBQ has shown that it has the knowledge and experience to bring our vision to market." 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--na/da* CONTACT: CBQ Inc. John Harris, 972/732-1100 investors@cbq.com KEYWORD: TEXAS INTERNATIONAL EUROPE INDUSTRY KEYWORD: E-COMMERCE INTERNET TRAVEL INSURANCE Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com * end of story *