Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : INTERNET ASIA + Indexes -- Ignore unavailable to you. Want to Upgrade?

To: Bob Biersack who wrote (235)	4/9/1999 9:17:00 AM
From: BobCrane	Read Replies (2) \| Respond to of 1567

Bria Communications Acquires E-Commerce Developer SAN FRANCISCO, April 9 /PRNewswire/ -- Bria Communications (OTC Bulletin Board: TIPS) announced today that it has acquired the e-commerce developer Tianrong Internet Products and Services, Inc. Tianrong Internet holdings include A-WEB Internet Services Company (www.aweb.com), which provides a full range of internet services including web hosting and state of the art web site design. In addition, A-web is an internet service provider and offers turnkey e-commerce solutions for corporate clients. Its clients include Bidandshop.com (www.bidandshop.com), Accommodations Express (www.accommodationsexpress.com), Monarch Design Systems (www.monarchcad.com) and Yellow Book USA (www.yellowbook.com). A-web is also the leading Chinese internet and e-commerce company in New York, among their Chinese clients is the Ming Pao Daily News (www.mingpaousa.com). Ming Pao is one of Hong Kong's most influential newspapers. Tianrong Internet will also own and operate the e-commerce site for the shopping mall owned by Tianrong Building Material Holdings Ltd. (OTC Bulletin Board: TNRG) and located in the People's Republic of China. The mall has reported sales numbers for the first ten months of 1998 of $135 million. The internet site will provide the opportunity for shoppers around the world to purchase merchandise from the mall. The internet site will be written in both English and Chinese. Bria Communications also reported that effective immediately it will change its name to Tianrong Internet Products and Services, Inc. to better reflect its focus on e-commerce activities and operations. Tianrong Internet Products and Services, Inc. is a US holding company whose strategy is the acquisition of domestic and international internet service providers and related companies. For further information contact investor relations at (800) 641-5844 or visit the website: 4.17.5.205. 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 Bria Communications to accomplish its stated plan of business. Although Bria Communications 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 Bria Communications or any other person that the objectives and plans of Bria Communications will be achieved. SOURCE Bria Communications CO: Bria Communications; Tianrong Internet Products and Services, Inc.; Tianrong Building Material Holdings Ltd. ST: California IN: CPR MLM SU: TNM 04/09/99 09:00 EDT prnewswire.com To edit your profile, go to keyword NewsProfiles. For all of today's news, go to keyword News.