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


To: David Fiorito who wrote (56)3/12/1999 7:52:00 AM
From: Shell Searcher  Respond to of 1101
 
Friday March 12, 3:01 am Eastern Time

Company Press Release

Net Access Exchange Signs Agreement With UUNET to Provide
Internet Dial-up Access for Y-PAY? Free Internet Service

DALLAS--(BUSINESS WIRE)--March 12, 1999--CBQ Inc. (OTC BB:CBQI - news), Friday announced that Net Access Exchange Inc., a company in which CBQ recently acquired an interest, has signed an agreement with UUNET Technologies Inc. under which UUNET will provide Internet dial-up access for Net Access Exchange's free Internet service, Y-PAY?(tm).

Commenting on the agreement, Michael L. Sheriff, chief executive officer of CBQ, said: ''Based on the response we are receiving, we believe the Y-PAY? free Internet access service is going to be extremely popular. The free Internet service concept is already seeing significant growth with NetZero Inc. in the United States and other companies in Europe.

''We believe our full page ad display technology and demographic targeting is more attractive to advertisers and friendlier to users, and superior to what is currently available,'' Sheriff continued. ''As a result, it is very important to us to support the Y-PAY? subscribers with the best Internet service possible. UUNET is a recognized pioneer and leader in providing Internet communications.

''They're the best in the industry, and that's exactly what we intend to provide to our users. We are proud to be working with companies like UUNET and Ericsson Inc. to bring the best value and satisfaction to our subscribers and advertisers alike.''

UUNET Technologies, a division of MCI/Worldcom Inc., has the highest capacity, most rigorously engineered and most reliable Internet TCP/IP
backbone in the world. Its system has more than 50 dedicated access hubs and more than 1,100 dial-up points of presence (POPs) worldwide. UUNET currently provides local Internet services in more than 850 cities and 51 countries around the world.

Net Access Exchange, under the Y-PAY? brand, plans to offer free Internet service and e-mail to users in the United States. Based upon the proven model for commercial radio and television, Net Access Exchange provides free Internet access in exchange for the subscribers viewing full-page advertisements, which display during the ''wait time'' between Web page loading.

Ads do not disrupt pages, nor take-away from users' bandwidth. Anticipating strong consumer demand for the service from its planned nationwide launch in July, and in response to growing interest in ''free Internet,'' Net Access has opened its Web site for pre-registration at www.y-pay.net.

Working with Ericsson Network Intelligence(tm) in a strategic relationship, Net Access Exchange will utilize Ericsson's ''Internet Advertiser'' application. Ericsson's ''Internet Advertiser'' effectively distributes targeted messages and advertising to the Internet user based on the user's profile,location, time of Internet use and interests.

Utilizing a unique fraud control capability, it will allow Net Access to guarantee to advertisers that the advertisements are being viewed rather than bypassed by the Internet users.

More About CBQ:

CBQ's wholly owned subsidiary, CyberQuest Inc. is the developer of www.bid4it.com, a virtual, Internet-based marketplace based on the principles of securities trading. bid4it is a completely automated electronic marketplace that produces a ''true'' market price for products based on the open market interaction between bidders and sellers.

For more information about CyberQuest visit www.bid4it.com (bid4it Web site) and www.cbq.com (corporate Web site).

Note to Editors: bid4it and CyberMarketMaker are trademarks of CyberQuest Inc. CyberQuest sub-licenses the bid4it software and related technologies
to interested parties. All other trademarks are the property of their respective owners.

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. Prospective investors are cautioned that
forward-looking statements are not guarantees of future performance. Actual results may differ materially from management expectations.

Contact:

CBQ Inc., Dallas
Michael Sheriff, 972/732-1100
sheriff@cbq.com
or
Magnum Financial Group
Michael Manahan, 213/488-0443
msmanahan@magnumfinancial.com



To: David Fiorito who wrote (56)3/12/1999 8:08:00 AM
From: Ga Bard  Read Replies (1) | Respond to of 1101
 
If I may interject here ... I believe frustration is based on be impatient when it comes to the time progression of business, guilty as sin her too. However, the news releases have it all in them and even some interesting information which leads me to think they have more than they are letting out. Sometimes it takes a few months to conclude negotiations and so forth plus not tip your hand to the competition.

I agree ... The software is impressive compared to other internet stocks that are their competitors. As I learn more and more everyday about conducting business on the internet, CBQI does in fact and in my opinion, have a product and strategy that is second to none. Again, every news release they make clearly states they are getting closer and closer to their main objectives and goals. These equity commitments take time and patience to get solid ones especially when you have revolutionary software and concepts.

Also remember this stock has gone from $2.25 to $10.00 (5 bagger) and has settle in at $6.50 (3 bagger). Taking the calculation for a new floor is the almost $8.00 run up and dividing it by two is $4.00 and subtracting that from the top ($10.00) gives a $6.00 floor. No day-traders but BTSers. They have been and are holding very solid over the NASDAQ price mark and time requirement. Here's hoping.

Just my opinion.

By the way, I have my own server now and no longer a client of Cyberquest. I just own stock in it because of its potential.

Gary