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Chinae.com Investment Consultant (Shenzhen) Co., Ltd. Allies with ZLYY Investment Consultant (Shenzhen) Co., Ltd.

2006-12-29 11:02 4642

SHENZHEN, China, Dec. 28 /Xinhua-PRNewswire/ -- The Intermost Corporation (OTC Bulletin Board: IMOT), a leading electronic online equity exchange service provider in China, announced that its wholly-owned subsidiary, the Chinae.com Investment Consultant (Shenzhen) Co., Ltd. (Chinae.com Investment), has entered into an agreement with the ZLYY Investment Consultant (Shenzhen) Co., Ltd. (ZLYY Investment). The two parties will cooperate in business, namely that to provide consulting services to investment and stock exchange listings, among others.

ZLYY Investment boasts abundant client resources and well-rounded experience in investment consulting. It has provided successful investment proposals and consulting services to many companies and projects, including the Haier Group, the 999 Group and the Shenzhen Science & Industry Park Corporation.

"The cooperation offers complete access to the advantage of both parties," said Mr. Louise Liu, Website Content & Operation Department Manager of the Chinae.com Technology (Shenzhen) Co., Ltd. "Chinae.com Technology has developed the China Equity Exchange Platform ( http://www.chinae.com ), where numerous non-listed companies and financing projects are available. As a sister company, Chinae.com Investment possesses easy access to this resourceful database. Chinae.com Investment and ZLYY Investment will elect listing-eligible enterprises to provide investment consulting services to, and assist these companies to raise funds through listings on the stock exchanges."

Mr. Xiangxiong Deng, acting CEO of the Intermost Corporation was delighted with the cooperation and said, "The collaboration with a mature investment consultancy indicates the Intermost Corporation's market power and leading position. It is also a wonderful opportunity to utilize the rich resources of the China Equity Exchange Platform, and to attract more investors and equity projects. It paves the way for deeper cooperative relations."

"We are anticipating win-win partnerships with more capital entities in China and aboard. We will accelerate the growth of Chinae.com Investment and develop more value-added services for the China Equity Exchange Platform," added Mr. Deng.

About Intermost Corporation

Founded in the USA in September 1998, Intermost Corporation was the first Chinese Internet company listed on the US OTC Bulletin Board (stock symbol: IMOT) in December 1998. 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, consulting services for small and medium enterprises financing through overseas listings, and equity portal website ( 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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