SHENZHEN, China, Dec. 18 /Xinhua-PRNewswire/ -- Intermost Corporation
(OTC Bulletin Board: IMOT), a leading electronic online equity exchange
service provider in China, announced today that its wholly-owned subsidiary,
the Chinae.com Technology (Shenzhen) Co., Ltd. (“China.com Technology”),
had entered into an agreement with the Beijing LXRTO Consulting Co., Ltd.,
operator of the Sina Equity Channel. China.com Technology will co-organize
the First China Property Market Annual Forum.
The forum will be held in Beijing on January 27th and 28th, 2007.
Participants will include government officials from the National People’s
Congress and the State-Owned Assets Supervision and Administration Commission
of the State Council. It will also include principals from the regional
unions of equity exchanges, equity registration institutions, equity exchange
institutions, financial institutions and venture capital investments. It
will be widely covered by authoritative media outlets, such as China Central
Television (CCTV), the official Xinhua News Agency, the China News Service
(CNS), the People’s Daily, the Guang Ming Daily and others. The First China
Property Market Annual Forum will become an exceptionally distinguished
summit in the China Equity Exchange Market.
As a co-organizer, Chinae.com Technology will have a great opportunity to
promote company images, products and services, and will benefit from revenue
and profit of advertisement, vendor sponsorship and entrance fees brought in
through its own efforts.
Mr. Xiangxiong Deng, acting CEO of Intermost Corporation said, “The
cooperation with the Sina Equity Channel indicates our market strength and
influence on the China Equity Exchange Market. Chinae.com Technology has
demonstrated its competitive edge in equity-related solution development and
the operation of an equity portal website -- the China Equity Exchange
Platform ( http://www.chinae.com ). Meanwhile, SINA Corporation is a leading
online media company and value-added information service provider for China
and Chinese communities worldwide. With a branded network of localized
websites targeting Greater China and overseas Chinese, the Sina Equity
Channel boasts abundant resources of information and registered users. This
cooperation is an integration of favorable resources of both parties, and
will create a win-win situation.”
“The organization of this significant forum will enormously enhance the
brand-awareness and market share of the China Equity Exchange Platform.
Chinae.com Technology will seize every opportunity to develop good relations
with the governmental departments, the equity exchange market and financial
circles. We believe our business has tremendous potential and will
substantially expand the company’s horizons,” Mr. Deng added.
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.
