To: Investorman who wrote (1184 ) 10/19/2000 10:47:16 AM From: StockDung Read Replies (1) | Respond to of 2413 I will be there. I am his biggest Phan-->Hartcourt Chairman to Speak at Shareholder Conferences in New YorkAnd Frankfurt Germany Company Receives Clarification from Nasdaq on Trading of Post-Split Shares LOS ANGELES, Oct. 19 /PRNewswire/ -- The Hartcourt Companies, Inc. (OTC Bulletin Board: HRCT; Frankfurt: HCT), www.hartcourt.com today announced that its chairman, Dr. Alan V. Phan, will be the main speaker at two upcoming receptions to be held in New York City and Frankfurt, Germany. The topic of the two conferences will be the Company's current strategies for building out its China-focused E-businesses, discussion of the Company's planned IPO's of StreamingAsia and SinoBull Financial Group, and the financing of its other corporate initiatives during the coming year. The first conference will be held at the Ramada Plaza Hotel, located at the JFK International Airport, Jamaica, New York at 7:30 p.m. on October 31, 2000. Dr. Phan and Senior Vice President, Frederic Cohn will then proceed to Frankfurt, Germany where they will arrive on November 2, 2000 for a series of meetings with members of the European investment community. A general meeting for shareholders will take place on November 4, 2000 from 6 p.m. until 8 p.m. at the Arabella Sheraton Grand Hotel, Konrad- Adenauer-Strasse 7, Frankfurt, Germany. Hartcourt will host refreshments at both events. Those wishing to attend the New York conference are kindly asked to register in advance with Ms. Grace Li at the Company's Los Angeles headquarters by email at: NYconference@Hartcourt.com or by phone (310) 410-7290. Those planning to attend the conference in Frankfurt are being asked to register in advance with Mr. Christian Lindner by email at: christian.lindner@hartcourt.de or by telephone at: 49-524-692-9870 or 49-177-530-3825. Hartcourt also disclosed that it has been notified by representatives of Nasdaq that its shares will commence trading on a post-split basis on Tuesday, October 24, 2000. According to Nasdaq, anyone selling shares prior to trading on the 24th will also be selling their rights to receive the split shares, while those buying shares prior to the 24th will be the beneficiaries of the rights to receive the split shares. About Hartcourt The Hartcourt Companies is a holding and development company that is building a network of Internet and telecommunication service companies in The People's Republic of China (China), including Hong Kong, in partnership with Chinese entrepreneurs as well as Chinese government-owned entities. Hartcourt's business goal over the next three years is to complete a series of IPOs or spin-offs focused on four main divisions: StreamingAsia, the streaming content (video/audio) web-casting and web hosting leader in Hong Kong; SinoBull Financial Group, the multi-media financial data provider and online securities trading platform; the Broadband ISP and Internet Infrastructure Group; and Hartcourt Capital Inc., the financial E-Finance transactions platform offering online banking, securities, insurance, equipment leasing, credit, and B2B transaction settlements. Detailed information on Hartcourt can be obtained via the company's Web site, www.hartcourt.com. Forward-looking statements Certain statements in this news release may constitute "forward looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward looking statements involve risks, uncertainties and other factors, which may cause the actual results, performance or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements. SOURCE The Hartcourt Companies, Inc. CO: Hartcourt Companies, Inc. ST: California, New York, Germany, China IN: TLS MLM SU: 10/19/2000 08:32 EDT prnewswire.com