CathayOnline Announces Agreement Between TorchMail.com and register.com.NEW YORK--(BUSINESS WIRE)--Nov. 18, 1999-- CathayOnline Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CAOL) announced today that it has entered into an agreement between its 100% wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , TorchMail.com and register.com Register.com is a leading domain name registrar An organization that manages Internet domain names. Any person or company that wants a presence on the Internet must register a unique name with one of the many registrars, such as Network Solutions (www.netsol.com) or Go Daddy (www.godaddy.com). on the Internet and offers world class services such as multiple domain registration and transfers designed for individuals and organizations interested in registering and transferring large numbers (30+) of domain names in a single transaction. TorchMail.com has entered into a strategic alliance with register.com to provide co-branded site services to the Chinese speaking Internet market. This co-branded site will be bundled with TorchMail.com's advanced messaging services at www.torchmail.com and available to the Chinese speaking market. CathayOnline is aggressively striving to become a leading fully-diversified Internet company targeting Chinese-speaking markets of the world, with primary focus in the People's Republic People's Republic n. A political organization founded and controlled by a national Communist party. of China, Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. , Taiwan, Singapore, Malaysia. Through key acquisitions, joint ventures, and prestigious international and domestic alliances, the Company has facilitated the delivery of unparalleled products and services in two high growth areas: (1) the Internet and (2) e-mail and advanced messaging services. CATHAYONLINE INC. On Behalf of the Board of Directors Brian Ransom Brian Ransom (born June 6, 1940) was a Manitoba politician. In 1983, he unsuccessfully ran for the leadership of the Progressive Conservative Party of Manitoba. Ransom was born in Boissevain, Manitoba, and was educated at the University of Manitoba and the University of , Director More information can be obtained about CathayOnline by visiting http://www.cathayonline.com For further information contact Barbara Manui of: HOWARD BRONSON & ASSOCIATES at 212/867-6160. 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 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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