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CathayOne Inc. Announces Focus in Entertainment Industry.


Business Editors

NEW YORK--(BUSINESS WIRE)--April 19, 2001

CathayOne, Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:CATH CATH Catholic
CATH Cathedral
CATH Cathode
CATH Autonomous Haitian Workers (Haiti)
CATH Center for Applied Technologies in the Humanities (Virginia Tech) 
) is pleased to announce the company will focus their efforts within the Entertainment Industry targeting the People's Republic People's Republic
n.
A political organization founded and controlled by a national Communist party.
 of China.

Through their joint venture with their Chinese partner, the Company expects to continue to support the development of the e-stage.com website through its in-depth research about art performance spaces, agents, performing groups, and individual entertainers. The collected information will then be published on the website in a timely fashion.

The Company is close to reaching their goal of focusing on the production of events for the Chinese market not only as a broker, but also as a principal. "Based on the comments from the entertainment professionals present, it seems we are on the right track to maintaining a meaningful and useful entertainment-based company," states interim Chairman, Philip Flaherty.

About CathayOne, Inc.

The Company is set to capitalize on Cap´i`tal`ize on`   

v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>.
 its strategic partnerships and experience within China through its subsidiaries that target Chinese entertainment.

By establishing fully integrated web portals that provide each industry with tailored, flexible business-to-business solutions, and by establishing joint ventures with successful and prestigious Chinese concerns, the Company will strive to become a leader as China grows toward a profitable and efficient economy.

For further information, contact M. Johnson & Associates, Inc. 877/893-8668. Attn: Brad Maxwell Brad Maxwell (born July 8, 1957 in Brandon, Manitoba) was a professional ice hockey player renowned as a playmaking defenceman. After having won the Memorial Cup in 1977 as a member of the New Westminster Bruins, Maxwell was selected seventh overall in the 1977 NHL Amateur Draft by  

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 worlds 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 prepconcernant

relating to relate prepbezüglich +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.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 19, 2001
Words:324
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