omniture

Intermost Receives Dividend from Invested Equity Exchange Institution

2007-01-25 19:33 1762


SHENZHEN, China, Jan. 25 /Xinhua-PRNewswire/ -- The Intermost Corporation (OTC Bulletin Board: IMOT), a leading electronic online equity exchange service provider in China, announced the reception of an approximately 830,000 RMB dividend from the Shenzhen International Hi-Tech Property Right Exchange Center (Shenzhen Exchange), in which Intermost has a 15% shareholding position. This is revenue from the Shenzhen Exchange following the sales of equity solutions.

The Shenzhen Exchange has demonstrated excellent performance in 2006. The trading value totaled 45.8 billion RMB with a 39% increase since the year 2005. The annual revenue exceeded 25 million RMB and the net profit is approximately 12 million RMB, increasing by 38% and 220%, respectively. It has emerged among the few profitable equity exchange institutions in China that distributes dividends. This is the first dividend distribution from the Shenzhen Exchange.

The Intermost Corporation is not only an important shareholder of the Shenzhen Exchange, but also a close partner in businesses such as equity exchange, financing through stock exchange listings, equity solution development, and other follow-up financial services. Revenue streams built on these businesses are of great potential.

Such a successful cooperative model shall be cloned and extended to equity exchange institutions around China, especially the nine provinces and regions covered by the China Property and Share Rights Exchange (an entity operated by the Shenzhen Exchange).

The Intermost Corporation continues focusing on providing value-added solutions and services to the Equity Industry Chain in China. The subsidiaries, the Chinae.com Technology (Shenzhen) Co., Ltd. delivers total solutions to equity institutions including content, media, public relation marketing, related software and implementation; while the Chinae.com Investment Consultant (Shenzhen) Co., Ltd. provides professional consulting services including corporate restructuring, financing and stock exchange listings, among others.

The rapid development of the Multi-Layer Capital Market and equity exchange business has brought the China Equity Exchange Market a long way from its inception. The market is now reaping the rewards. Years ago, the Intermost Corporation started the resource allocation and operation of the equity service chain. Now it has seized the leading market position and welcomes a swift development.

About the Intermost Corporation

Founded in the USA in September 1998, the Intermost Corporation was the first Chinese Internet company listed on the US OTC Bulletin Board (stock symbol: IMOT) in December 1998. The Intermost Corporation has focused its services on the booming Equity Exchange Market in China, including

equity-related solution development, equity quotes and information provision, electronic online equity exchange services, direct investment in regional equity exchanges, business incubation services for well-performing innovative enterprises, investment consulting services for overseas listings, the equity portal website -- China Equity Exchange Platform ( http://www.chinae.com ), and otherwise.

Safe Harbor Statement

This press release contains forward-looking statements that involve risks, uncertainties and assumptions that, if they never materialize or if they prove incorrect, could cause the Company's results to differ materially from those expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including any projections of earnings, revenue, or other financial items, any statements of the plans, strategies, and objectives of management for future operations, any statements concerning proposed new products, services or developments, any statements regarding future economic conditions or performance, statements of belief and any statements of assumptions underlying any of the foregoing. These statements are based on expectations as of the date of this press release. Actual results may differ materially from those projected because of a number of risks and uncertainties, including those detailed from time to time in the Company's reports filed with the Securities and Exchange Commission. The Company assumes no obligations and does not intend to update these forward-looking statements.

For more information, please contact:

Mr. Chris Liu / Ms. Carmen Liu

Intermost Corporation

Tel: +86-755-8221-0238

Email: ir@intermost.com

Source: Intermost Corporation
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