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Microcap & Penny Stocks : TNRG - Health and Medical E-Commerce website - onschedule Ma -- Ignore unavailable to you. Want to Upgrade?


To: Straight Up who wrote (4)3/23/2000 10:00:00 AM
From: P.S.N.  Read Replies (1) | Respond to of 10
 
Thursday March 23, 9:03 am Eastern Time
Company Press Release
SOURCE: Tianrong Building Material Holdings, Ltd.
TNRG Healthysite.com Announces First Week Results
NEW YORK, March 23 /PRNewswire/ -- Tianrong Building Material Holdings, Ltd., (OTC Bulletin Board: TNRG - news) announced today that Healthysite.com (http://www.healthysite.com) has received over 140,000 hits during its initial week of operation. This traffic has been generated before the Company has launched any advertising or marketing programs for the site. The Company plans to initiate an aggressive public relations campaign during the next several months.

TNRG would like to remind its shareholders that this health and medical website will be a part of Tianrong Medical Group, Inc., along with the recently FDA approved personal computer based electrocardiogram monitor known as ``The Tracker.' All TNRG shareholders as of the record date of March 31, 2000 will receive one (1) right to purchase one (1) share of the common stock of Tianrong Medical Group, Inc. for every four (4) shares of TNRG that they own for $0.05. Affiliates and controlling shareholders, which include management, shall not be eligible to participate in the Rights Offering.

James Tilton, President of TNRG, stated, ``Though we expected Healthysite to be a huge success, averaging over 20,000 hits per day during the first week is even more promising than we could of imagined. We urge all of our shareholders to become regular viewers of Healthysite, so that they can see first hand all of the exciting new developments that are just around the corner.'

Tianrong is a business development company that intends to engage in the acquisition of businesses across several sectors and, through the application of its management expertise, to enhance shareholder value. For further information contact investor relations at 800-324-3464 or visit tnrg.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 Building Material Holdings to accomplish its stated plan of business. Tianrong Building Material believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be 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 Building Material Holdings or any other person that the objectives and plans of Tianrong Building Material Holdings will be achieved.

SOURCE: Tianrong Building Material Holdings, Ltd.

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PSN