CathayOnline, Inc. Announces Publication of Its Annual Report and Date of Shareholders' Meeting.Business Editors NEW YORK--(BUSINESS WIRE)--Nov. 9, 2000 CathayOnline, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CAOL) today announced the publication of its annual report. This is now available in printable format on the Company's website at http://www.cathayonline.com. Shareholders may also obtain a copy of the report by submitting a request through the Investor Relations Investor relations The process by which the corporation communicates with its investors. section of the website, or by calling the Company directly at 212/888-6822. The Company's annual report and proxy statement Proxy Statement A document containing the information that a company is required by the SEC to provide to shareholders so they can make informed decisions about matters that will be brought up at an annual stockholder meeting. will be mailed to registered shareholders before the Company's annual shareholders' meeting shareholders' meeting n. a meeting, usually annual, of all shareholders of a corporation (although in large corporations only a small percentage attend) to elect the Board of Directors and hear reports on the company's business situation. , which will be held in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. at the Mariott Marquis Hotel, on Wednesday, Nov, 29, at 10:00 a.m. Brian Ransom, the Company's president, would like to invite shareholders to attend the annual meeting to meet with the Company's management. Ransom says of the annual report, "Shareholders, and investors interested in the Company, should review this document. It provides perspective on our recent announcements. I trust that the annual report will communicate to our shareholders the basis of why we are enthusiastic regarding the opportunities CathayOnline has established in China." About CathayOnline CathayOnline Inc. is aggressively striving to become a leading fully-diversified Internet company targeting Chinese-speaking markets of the world, with primary focus on the People's Republic of China. 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) as an Internet Service Provider Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. as the backbone and (2) advanced communications through the use of the Internet. More information can be obtained about CathayOnline by visiting http://www.cathayonline.com. For further information about CathayOnline, contact Barbara Manui, Director of Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most , at CathayOnline's New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of office. 212/888-6822. 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 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 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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