CathayOnline, Inc. Announces CEO.Business Editors/Hi-Tech Writers NEW YORK--(BUSINESS WIRE)--May 30, 2001 CathayOnline, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: CAYO) today announced Mr. Bruce Ransom ransom, price of redemption demanded by the captor of a person, vessel, or city. In ancient times cities frequently paid ransom to prevent their plundering by captors. The custom of ransoming was formerly sanctioned by law. as the Chief Executive Officer of the Company. Bruce Ransom has, in the past, served as an independent consultant to the Company and he possesses international experience in marketing, investment banking and the Internet. About CathayOnline, Inc. CathayOnline Inc. is a development company providing integrated Internet Service through its subsidiaries. Through key acquisitions, joint ventures, and prestigious international and domestic alliances, the Company is facilitating the delivery of products and services in two high growth areas: (1) Internet connectivity; and (2) email and advanced Internet communication services. More information can be obtained about CathayOnline by visiting http://www.cathayonline.com. Statements included in this press release which are not historical in nature, are intended to be, and are hereby identified as "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " 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 a·mend v. a·mend·ed, a·mend·ing, a·mends v.tr. 1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive. 2. 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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