CATHAYONLINE INC. Launches the English Version of TorchMail.com.NEW YORK--(BUSINESS WIRE)--Aug. 2, 1999-- CATHAYONLINE INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:CAOL) announces the launch of the English version of the TorchMail.com service ahead of schedule. The service is now available at http://www.torchmail.com or via http://www.cathayonline.com. The target market for the product is both individual consumers and corporate customers throughout the Chinese-speaking world. As stated in previous releases, the first-to-market Chinese version will be announced early in the Year 2000. Following CATHAYONLINE's recent acquisition of TorchMail.com, CATHAYONLINE INC. and USA.NET, a leading global provider of email and advanced messaging services, announced their strategic partnership to provide USA.NET's world-class business email outsourcing solutions to the People's Republic People's Republic n. A political organization founded and controlled by a national Communist party. of China. CATHAYONLINE will bundle USA.NET Professional Messaging with Internet access See how to access the Internet. service for individual consumers, as well as provide value-added e-mail service See Internet e-mail service. to corporate consumers. "We are extremely pleased with USA.NET's success in delivering the TorchMail.com service ahead of schedule," stated Brian Ransom Brian Ransom (born June 6, 1940) was a Manitoba politician. In 1983, he unsuccessfully ran for the leadership of the Progressive Conservative Party of Manitoba. Ransom was born in Boissevain, Manitoba, and was educated at the University of Manitoba and the University of , President, CATHAYONLINE INC. "Our strategic partnership with USA.NET has already been highly productive, allowing us to meet - and even exceed - our first phase expectations." USA.NET Professional Messaging offers TorchMail.com customers standard features including: Junk Mail See spam and junk faxes. Blocker, Read Receipt, Mail Priority, Email Collecting and Forwarding, and Signatures; mail management features including user management, alias management, branded and customized interface and administrative reports; and will soon incorporate premium features including Paging. TorchMail.com Professional Messaging is accessible from virtually anywhere worldwide, connecting travelling employees, branch offices and dealer/distributor networks. TorchMail.com anticipates that revenue opportunities to be twofold: (1) consumer markets; and, (2) corporate markets. In the consumer markets, the strategy of free e-mail See Internet e-mail service. service is expected to create a user base with which to attract advertisers, and, subsequently, advertising revenue. Consumers will also be offered optional, attractive fee-based services. Revenue from corporate markets will be sourced from fee-based advanced messaging services and premium services billed on a monthly basis. Among the most popular Internet applications today, e-mail and advanced messaging services will drive Internet usage and growth. The number of people using the Internet in China has increased 30-fold in five years, with projections for the year 2000 hitting 13 million. This year alone, the number of online users is expected to increase more than 300%. The launch of the English version of TorchMail.com propels CATHAYONLINE INC. toward its goal of becoming a leading, fully diversified Internet company targeting Chinese-speaking markets in the People's Republic of China. For more information, please visit our updated websites at: http://www.torchmail.com and http://www.cathayonline.com CATHAYONLINE INC. On Behalf of the Board of Directors Brian Ransom, Director Statements included in this press release which are not historical in nature, are intended to be, and are hereby identified as "forward-looking statements" for purposes of the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provided by Section 21E of the Securities Exchange Act of 1934, as amended by Public Law 104-67. Forward-looking statements may be identified by words including "anticipate", "believe," "intends," "estimates," "expect," and similar expressions. The Company cautions readers that forward-looking statements, including without limitation, those relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the Company's future business prospects are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements. |
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