Premier Brands Inc. Announces the Acquisition of CathayBancorp.com and Appoints the Board of Directors.Business Editors NEW YORK--(BUSINESS WIRE)--June 26, 2000 Premier Brands Inc., an Internet services company, today announced the acquisition of CathayBancorp.com Ltd. and the formation of its Board of Directors. CathayBancorp.com Ltd. is on the way to becoming a leading Internet portal company for the Chinese Speaking population. The Company's immediate goal is to offer a variety of in-depth and focused interest-specific areas or channels covering a broad array of compelling content at the regional and international levels. The areas to be covered include an entertainment channel featuring a wide variety of Chinese arts, culture, sports and music; and a financial investments channel covering the local, regional and global financial markets, news and events. These content portals will serve as a convenient platform for e-commerce and business to business of all kinds, as well as a point of access for its many other value-added Internet services. In the longer term, CathayBancorp.com anticipates building additional Web-based community features, online commerce and other features to meet the needs of its customers. Drawing from the world of corporate, cross-border and project finance, investment banking, management and marketing. Premier Brands is proud to name the following four (4) members to its Board: Peter Lau Mr. Lau is currently a Director of CathayOnline Inc., which is a leading provider of Internet services to the People's Republic People's Republic n. A political organization founded and controlled by a national Communist party. of China and 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. . Mr. Lau brings over 25 years of professional experience in corporate finance, accounting, investment banking, management and marketing to Premier Brands, Inc.. Brian W. Ransom Mr. Ransom is the current President of CathayOnline, which is a leading provider of internet content, services and solutions to the global Chinese community, Mr. Ransom brings to Premier Brands years of expertise in corporate structure, corporate finance, international business relations, and foreign exchange and interest rate risk control management. S. David Cooperberg As Managing Director of Ridgewood Group International Limited, a 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 based investment bank, Mr. Cooperberg has devised financing structures for a variety of domestic and cross-border transactions involving a number of countries, including China. Previously, he served as Vice President for a US $2 billion equity private investment partnership, comprising the largest global network of market-neutral funds. Philip Flaherty Mr. Flaherty is Founder and President of Sage Lobo Consulting (Sage), a consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a specializing in financing, marketing, and structural and strategic challenges within Nevada, California, and the Pacific Rim Pacific Rim, term used to describe the nations bordering the Pacific Ocean and the island countries situated in it. In the post–World War II era, the Pacific Rim has become an increasingly important and interconnected economic region. business climates. He has represented both small and large gaming operators, QSR QSR Quick Service Restaurant QSR QoS (Quality of Service) Satisfaction Rate QSR Quality System Regulations QSR Quality Status Report QSR Quality System Review QSR Quarterly Status Report QSR Quality System Requirement based companies, and various other service-based firms in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and abroad. About Premier Brands Inc. The Company's mission is to become a leading Internet services portal targeting the Chinese speaking world community. 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 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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