CathayOnline Appoints Peter Lau as Director.Business Editors NEW YORK--(BUSINESS WIRE)--Jan. 20, 2000 CathayOnline Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CAOL) (www.cathayonline.com) is pleased to announce that Mr. Peter S. Lau, the Chief Financial Officer, has been appointed to the Board of Directors. Mr. Lau is a Certified Public Accountant Certified Public Accountant (CPA) An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state. who has been associated with Deloitte &Touche, and has served as a partner of a Chinese-American accounting firm. He has more than 20 years experience consulting in American and Asian companies. Peter Lau accepted the election to the Board. Prior to his association with CathayOnline, Mr. Lau served as the Managing Director of Corporate Finance, Manager of Special Projects, and Managing Director USA, for American Fronteer Financial Inc., Heng Fung Capital Inc. and Heng Fung Equities, Inc. where he established a US merchant banking and investment banking operation on Wall Street for a publicly listed 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. merchant banking company. In addition, Mr. Lau provided corporate financial and advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal , negotiated and arranged equity and debt financing Debt Financing When a firm raises money for working capital or capital expenditures by selling bonds, bills, or notes to individual and/or institutional investors. In return for lending the money, the individuals or institutions become creditors and receive a promise to repay , and performed new business development as the Managing Director of Corporate Finance with Ridgewood Partners Ltd. and Ridgewood Capital Ltd. About CathayOnline 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, Taiwan, Singapore, Malaysia. Through key acquisitions, joint ventures, and prestigious international and domestic alliances, the Company is facilitating the delivery of unparalleled products and services in two high growth areas: (1) the Internet and (2) email and advanced messaging services. More information can be obtained about CathayOnline by visiting http://www.cathayonline.com. 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 Statements included in this press release which are not historical in nature, are intended to be, and are hereby identified as &uot;forward-looking statements&uot; 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 &uot;anticipate&uot;, &uot;believe,&uot; &uot;intends,&uot; &uot;estimates,&uot; &uot;expect,&uot; 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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