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To: Jim Bishop who wrote (19838)	1/12/2000 11:22:00 AM
From: bigbuk	Respond to of 150070

TIPS amazing!!! another HRCT??? YNOT?? Wednesday January 12, 10:27 am Eastern Time Company Press Release SOURCE: Tianrong Internet Products and Services, Inc. TIPS China ISP Wordtech Forms Partnership With China National Commodity Exchange Center NEW YORK, Jan. 12 /PRNewswire/ -- Tianrong Internet Products and Services, Inc. (OTC Bulletin Board: TIPS - news) announced today that its Mainland China-based internet service provider and E-Commerce developer, Chongqing Word Technology Co., Ltd., (http://www.wordtech.com.cn) has formed a partnership with the China National Commodity Exchange Center (CCEC). CCEC is a state owned enterprise, which was founded in 1997. CCEC has more than 100,000 Mainland China business members. By the year 2001 the transaction volume at CCEC is expected to surpass 20 billion U.S. dollars, according to CCEC's estimate. CCEC anticipates 80% of this transaction volume to be generated via E- Commerce. Wordtech, according to the partnership with CCEC, will be responsible for creating websites and developing E-Commerce programs for many of CCEC's over 100,000 business members. In related news, Wordtech recently announced that it added 8,000 new customers in the month of December. These 8,000 customers, all Mainland China merchants, will join the over 40,000 business which are already clients of Wordtech and its recently launched E-Commerce website, Cqe.com.cn (http://www.cqe.com.cn). Cqe.com.cn, also based in the city of Chongqing, People's Republic of China, will be the host and home for Wordtech's Mainland China merchant customers. Wordtech is already well established in its previously announced E-Commerce initiative of creating websites for many of its existing clients. TIPS owns four Internet related companies. A-Web Internet Services (http://www.aweb.com ), established in 1995, is a leading Internet service provider in New York City. A-Web provides a wide range of Internet access and services, including dedicated ISDN lines and high-speed digital T1 lines. AAAMALL.net, Inc. (http://www.aaamall.net) is an online shopping site featuring many of the nation's leading retailers and thousands of products. The site offers one-stop shopping for its on-line consumers. AAAMALL.net is undergoing a major upgrade and expansion program. Chinamalls.com, Inc. (http://www.chinamalls.com) has over 2,700 items for sale in 16 different categories. Shoppers can view the Chinamalls site in either English or Chinese. Chongqing Word Technologies Co., Ltd. (http://www.wordtech.com.cn) is a Mainland China-based Internet service provider and E-Commerce developer. Chongqing Word Technology presently has over forty-eight thousand (48,000) Mainland China merchants as customers. James Tilton, President of TIPS stated, ``I could not be more pleased with this strategic alliance we have formed with CCEC. I am certain that they will be both a powerful and valuable partner in the coming years.' For further information contact investor relations at 800-324-3464 or visit tipsstock.com. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward- looking statements involve risks and uncertainties, including, without limitation, the ability of Tianrong Internet Products and Services to accomplish its stated plan of business. Tianrong Internet Products and Services, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by Tianrong Internet Products and Services or any other person that the objectives and plans of Tianrong Internet Products and Services will be achieved. SOURCE: Tianrong Internet Products and Services, Inc. More Quotes and News: Tianrong Internet Products & Services Inc (OTC BB:TIPS.OB - news) Related News Categories: banking, internet