CBQ, Inc. The E-Business Marketplace Provides Corporate Update.

Business Editors & Technology Writers

ADDISON, Texas--(BUSINESS WIRE)--Feb. 22, 2000

The following is released on behalf of CBQ, Inc. The E-Business Marketplace (OTCBB:CBQI) by its CEO, John Harris:

CBQ, Inc. -- The E-Business Marketplace (CBQ), is a provider of end-to-end Internet-based e-business solutions. CBQ aggressively seeks growth and prosperity -- for its investors, for its customers, for its business partners and for itself -- by exploiting the power and global reach of the Internet as a new platform for virtually every kind of business-to-business commerce.

Our mission is to be at the forefront of the global business change ushered in by the Internet revolution, forming and acquiring new enterprises to take advantage of important emerging e-business opportunities, providing our customers with a complete range of quality business-driven solutions and developing strategic business partnerships. Through business and technology vision, global Internet market awareness, and a constant focus on our customers' needs, our ultimate aim is to bring maximum benefit to all stakeholders impacted by our work.

CBQ comprises numerous subsidiaries including 1stinhealth.com, Inc. (pending final closure), Reliance Technologies, Inc., CBQcare.net, and Priority One Electronic Commerce Corporation. Together we offer customers in multiple industries a wealth of business and technology experience, and a full line of Internet services for: Internet access; messaging; sales & marketing; creative site design, implementation, hosting and traffic building; payment processing; online auctioning; and biometrically secured transactions. CBQ has helped a wide range of companies create new outlets for their existing products and services and develop new Internet-specific offerings.

CBQ constantly seeks to integrate the innovative technologies of todays best Internet companies, such as CMGI, Inc. (Nasdaq:CMGI) and Red Hat (Nasdaq:RHAT), to enhance the quality and scope of our offerings. In many cases that effort also leads to strategic business partnerships that create dynamic new marketing opportunities for both parties. Some of these strategic relationships include Myway.com, 1stup.com, both of which are CMGI companies, Verio (Nasdaq:VRIO) a Tier I Internet Service Provider, Verisign (Nasdaq:VRSN) formerly Signio, our Internet Payment Gateway provider and LCI Smartpen (AEX:LCI), Biometric Signature Authentication.

CBQ will continue to evaluate potential acquisitions and strategic investments in companies that leverage CBQ's core competencies in Internet Development, Hosting, Access and Payment Processing. CBQ will also continue to align itself with high quality technology and content providers to improve its overall capabilities.

The recent acquisition of ChinaSoft will allow CBQ to better service its customers by expanding its Internet E-Business Development capabilities by having access to a large staff of highly qualified developers in China. 1stinhealth is another example of CBQ's strategy to acquire companies that leverage CBQ's ability to develop e-business strategies and implement them fully. The e-Health industry is estimated at over 5 billion dollars in the year 2000 with healthy growth over the next decade.

CBQ will generate revenue in several key areas:

-- Subsidiary Operations

-- Access Revenue generated from reselling connection services from companies
like Verio and Southwestern Bell

-- Hosting Revenue from Web sites that CBQ develops and maintains

-- Transaction Revenue from Web sites that integrate Prioritycash Internet
Payment services

-- Transaction Revenue from Electronic Funds Transfers from Prioritycash
Offline Payment services

-- Joint Revenue Sharing arrangements with e-travelinsurance.com, and
how2buyacar.com

Additional sales and marketing programs that will enable these revenue streams to be fully developed are being generated at this time. They include plans to recruit many of the 25,000 IT Resellers that are in 131 countries found on TechnologyNet.com, Internet advertising, direct advertising programs with our subsidiaries, major oil companies, major financial and news publications and other media outlets. These plans will be released as they are finalized.

Currently, CBQ is generating revenue from over 35 websites that it has developed or helps to maintain and processes over 40,000 transactions per month in its Priority One Electronic Commerce Corporation subsidiary. CBQ continues to generate revenue from over 500 customers in its Internet Access Division.

The financial statements for fiscal year 1999 are currently being prepared for our 10K that is due on March 31, 2000.

For more information, visit www.cbq.com.

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