omniture

China Equity Exchange Platform Signs Cooperative Agreements With 32 Regional Exchanges

2007-03-13 19:14 1332


SHENZHEN, China, March 13 /Xinhua-PRNewswire/ -- The Intermost Corporation (OTC Bulletin Board: IMOT), a leading online electronic equity exchange service provider in China, is pleased to announce that thirty-two equity exchanges in China have entered into Equity Information & Quotation Interchange Agreements with the China Equity Exchange Platform ( http://www.chinae.com ). The Platform is a equity market portal website developed by the Chinae.com Technology (Shenzhen) Co., Ltd., a wholly-owned subsidiary of Intermost.

The thirty-two equity exchanges are as follows: Shenzhen International Hi-Tech Property Right Exchange Center, Hai-nan Special Economic Zone Property Rights Exchange Center, Guang-zhou Enterprises Mergers and Acquisitions Services, China Cheng-du United Equity Exchange, Hei-long-jiang Assets and Equity Exchange, Guang-xi United Assets and Equity Exchange, Hu-nan Assets and Equity Exchange Co., Ltd., Wu-han United Assets and Equity Exchange, Inner Mongolia Property Rights Exchange Center, China Zhu-hai Property Bid, He-fei Assets and Equity Exchange, He-fei Trust of Shares Exchange, He-fei Technology Property Exchange, An-hui Assets and Equity Exchange, Jiang-nan Technology Property Exchange, Shan-xi Property Rights Exchange, West-China Assets and Equity Exchange, China Gui-zhou Property Online, Ji-nan Equity Exchange, Han-dan Equity Exchange, Tai-yuan Equity Exchange, Shi-yan Equity Exchange, Beng-bu Equity Exchange, Kai-feng Equity Exchange, Qu-zhou Equity Exchange, Hui-zhou Equity Exchange, Zhang-jia-kou Equity Exchange, Liao-ning Chao-yang Equity Exchange, Si-chuan Zi-gong Equity Exchange, He-nan Nan-yang Equity Exchange, Shan-xi Chang-zhi Equity Exchange, and Ji-lin Chang-chun Equity Exchange. (For detailed locations, please visit http://www.chinae.com/cooperate.asp )

The thirty-two equity exchanges have agreed to interchange and share equity information and quotations with the China Equity Exchange Platform. These exchanges are flagships in region. Through such information sharing on the Platform, visibility of regional exchanges and companies listed on them becomes national, thus is greatly increased in value. Meanwhile, it lays a solid foundation for Chinae.com Technology to construct a nation-wide equity exchange platform.

Mr. Xiangxiong Deng, acting CEO of Intermost is pleased with the increasing market share of the Platform. He said, "The China Equity Exchange Platform is a mass fortune creator and gatherer. More and more investors will register as members along with its further expansion. Recently we are planning to visit the following exchanges: He-nan Property Right Exchange, Wu-han Guang-gu United Assets and Equity Exchange, Xi-an Technology Property Exchange, China Cheng-du United Equity Exchange and Wu-xi East China Technology Property Exchange. We are seeking to deepen the existing cooperation and explore new relations with regional equity exchanges."

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.

Source: Intermost Corporation
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