SHENZHEN, China, Dec. 21 /Xinhua-PRNewswire/ -- Intermost Corporation
(OTC Bulletin Board: IMOT), a leading online electronic equity exchange
service provider in China, is pleased to have achieved a growing market share
of the China Equity Exchange Platform ( http://www.chinae.com ). Within one
month, it has established cooperation with another five equity exchange
institutions, comprising over one tenth of the national Equity Exchange
Market.
The China Equity Exchange Platform is the core business of Chinae.com
Technology (Shenzhen) Co., Ltd., a wholly owned subsidiary of Intermost
Corporation. Thus far, the China Equity Exchange Platform has signed Equity
Information & Quotation Interchange Agreements with twenty-four equity
exchange institutions in China, which are of great significance in regional
equity markets. Local equity exchange institutions' and the listed
properties' visibility becomes nationalized and are greatly increased in
value through such information sharing on the China Equity Exchange Platform.
Mr. Xiangxiong Deng, acting CEO of Intermost Corporation, is pleased with
the rapid growth of the Platform, and said, "We will further our cooperation
relations with more equity exchange institutions so as to maintain the
leading market position and to consolidate resources of equity brokers,
equity investors and equity projects. We are expecting an exponential
development of cross-boundary equity exchanges as well as the national equity
market."
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