CBQ Establishes Software Development Consortium in China to Deepen Strategic Outsourcing Services.Business Editors/High Tech Writers BEIJING--(BUSINESS WIRE)--Aug. 14, 2001 CBQ See traffic engineering methods. , Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CBQI) announced today that it has established a software development consortium in China to provide a wider range of strategic software outsourcing services for clients in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and China. This initiative will increase CBQ's ability to fill large outsourcing software-development orders. In addition, this consortium will allow CBQ to complete large commercial outsourcing IT projects by assembling expert teams to meet the requirements of each project, manage projects from start-up to marketing, and link professionals with expertise, capital and other resources. Participants in the consortium, which will serve as a resource for the new CBQ Soft division, include companies in Shanghai, Shenzhen, Xi'an and Beijing--Topsoft, Inc. in Shanghai, one of the three largest software companies in China with 20 branch offices throughout China; Sinosun Technology in Shenzhen; Xi'an Digital Communication Co., Ltd. in Xi'an; and Datang Software Technologies, Co., Ltd. in Beijing. Datang has over 400 software programmers, is a leader in telecommunications application software in China, and has obtained the ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9001-quality system certification. Its strategic partners include IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , HP, Sun, Oracle, Cisco, Sybase, and Informix. In a separate agreement, Topsoft, Inc. agreed to sell software products from the United States made available by CBQ using its distribution channels (and, if needed, to convert such U.S. products into Chinese before marketing them.) The CBQ consortium will supplement the resources of EasySoft International, a CBQ subsidiary in Beijing that has performed outsourcing services for Daimler Chrysler, state governments, and other clients. "We are extremely excited about having access to the large and talented pool of Chinese IT professionals in several large cities in China China is a geographical area encompassing multiple territories, under two states. You may be looking for:
About CBQ, Inc. CBQ, Inc. is a full service, end-to-end e-Business solution provider, which provides software-outsourcing through its subsidiary CBQ EasySoft International Inc., Beijing, China and Miami, FL; provides technology and network Integration engineering services through its subsidiary CBQ Networkland, Rosslyn, Virginia Rosslyn is an unincorporated area located in the northeastern corner of Arlington County, Virginia, north of Arlington National Cemetery and directly across the Potomac River from Georgetown in Washington, D.C. ; provides software programming and development though its subsidiary CBQ Technet Computer Services, Inc., India and Tyson's Corner, Virginia; and provides network integration though its subsidiary, CBQ NETSERV, Hunt Valley, MD. For more information on CBQ, Inc., visit http://www.cbq.com , also a Shareholder Summary is located at http://www.marketex.net/package.htm . 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. : 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 The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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. |
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