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Microcap & Penny Stocks : TNRG Tianrong Building Materials -- Ignore unavailable to you. Want to Upgrade?

To: praguepivo who wrote (7622)	5/12/1999 9:15:00 AM
From: James E Lynch	Read Replies (2) \| Respond to of 9824

(PR NEWSWIRE) Tianrong Scientist to Make Presentation on Neural Network In Tianrong Scientist to Make Presentation on Neural Network Inversion At International Conference NEW YORK, May 12 /PRNewswire/ -- Tianrong Building Material Holdings, Ltd. (OTC Bulletin Board: TNRG) announced today that its top scientist, Dr. Don Fei, will be making a presentation in Italy at the 4th International Conference on Theoretical and Computational Acoustics. The conference will run from May 10, 1999 to May 14, 1999. Dr. Fei's presentation is titled: "Evaluation of the contaminated water migration by finite element forward modeling and neural network inversion." Dr. Fei worked on this project with Mr. You-Chiung Teng, a Columbia University scientist, and John T. Kuo, a Columbia University professor. Sponsors of the conference include: the U.S. Naval Underseas Warfare Center Division, the U.S. Office of Naval Research, the U.S. Naval Research Laboratory, NATO SACLANT Undersea Research Center, Yale University, Columbia University and Boston University. James Tilton, president of TNRG, stated, "Though our Internet-related operations and subsidiaries have garnered a lot of attention of late, scientists in our Tianrong Technology and Tianrong Defense divisions have been working quietly though diligently on various projects. We believe contaminated water detection technology will have applications in environmental, energy and defense engineering. While other companies have been focusing on their first quarter financial results, I am proud that TNRG is continuing to move forward in its quest to improve the livelihood of mankind as the new millennium approaches. With potentially life saving devices such as our computerized personal home-use EKG device ('THE TRACKER'), THE SEA EYE PROJECT, targeted to save our oceans and our Internet activities aimed at uniting the world's population via the personal computer (www.aaamall.net and www.aweb.com), we feel our journey can no longer be viewed as 'Mission Impossible'." Tianrong is a business development company that has set as its goal the acquisition of businesses in numerous industries and plans to apply Tianrong's management expertise to quickly grow value in the acquired businesses. Tianrong has announced future stock dividends in three subsidiaries and on a long-term basis may elect to issue stock dividends in other subsidiaries. For further information contact investor relations at 800-641-5844 or visit www.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 Holdings 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. -0- 05/12/99 /CONTACT: Investor Relations of Tianrong Building Material Holdings, Ltd., 800-641-5844/ /Web site: tnrg.com aaamall.net aweb.com (TNRG) CO: Tianrong Building Material Holdings, Ltd. ST: New York, Italy IN: ENV SU: * end of story *