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Corporate Profile for TAO Partners, dated October 16, 1998.


--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-

Published Date:   Oct. 16, 1998

Company Name:     TAO Partners

Address:          233 Wilshire Blvd. Suite 510
                  Santa Monica, CA. 90401

Main Telephone
 Number:          310/260-9421

Internet Home
 Page Address
  (URL)           www.taopartners.com

Chief Executive
 Officer:         Noreen Khan

Investor Relations
 Contact:         M&A West, Inc.
 Business number: 650/588-2678

Public Relations
 Contact:         M&A West, Inc.
 Business number: 650/588-2678

Trading Symbol/
 Exchange:        (OTC BB:LBTI)

Industry:         Technical Business Consulting and Placement

Market Makers:    HILL, SHRP, EQUI


-0-

Company description: Tao Partners, Inc. will play a major role in servicing the demand that is arising from the technology era by implementing a very focused internal growth program complemented by a very aggressive acquisition plan. TAO will 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>.
 the enormous shortage of skilled technical personnel and growing demand for professional business consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.)
service - work done by one person or group that benefits another; "budget separately for goods and services"
 since the coming of the Information Age.

The management of TAO Partners is confident that as E-commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers.  grows on the Internet Internet

Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the
, so will the demand for qualified technical professionals. In addition, TAO will seek to establish relationships with small to medium sized companies to provide a one-stop shop One-Stop Shop

A company or a location that offers a multitude of services to a client or a customer. The idea is to provide convenient and efficient service and also to create the opportunity for the company to sell more products to clients and customers.
 environment with cost effective solutions.

TAO's vision is to take advantage of this growth from three specific areas: Technical Training and Certification; Technical Placement; Technical Business Consulting. This vision is reinforced by reports by research firms like Forrester, which estimates the growth of E-commerce to exceed $349 billion by the year 2002. According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 the Bureau of Labor Statistics Bureau of Labor Statistics (BLS)

A research agency of the U.S. Department of Labor; it compiles statistics on hours of work, average hourly earnings, employment and unemployment, consumer prices and many other variables.
 the number of computer-related jobs will increase to 2.5 million over the next nine years. TAO will position itself to fill this need.
COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 16, 1998
Words:305
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