SHENZHEN, China, Feb. 1 /Xinhua-PRNewswire/ -- The Intermost Corporation (OTC Bulletin Board: IMOT), a leading electronic online equity exchange service provider in China, announced that "The First China Property Market Annual Forum -- 2007 Development Forum of the China Multi-Layer Capital Market" was successfully held at Peking University on Jan. 27th and 28th. The forum was co-organized by Intermost's wholly-owned subsidiary, Chinae.com Technology (Shenzhen) Co., Ltd. ("Chinae.com Technology"), and the Sina Equity Channel. It is an exceptionally distinguished summit in the China Equity Exchange Market. Board Chairman of Chinae.com Technology Mr. Rocky Urianghai, and chiefs of National Development and Reform Commission
Mr. Li-ming Wang and Mr. Tong Zhu, were invited.
Mr. Urianghai said, "The China Equity Exchange Platform
( http://www.chinae.com ) is a bridge, which connects regional equity exchanges around China. It breaks boundary limitations and makes cross-boundary equity exchanges possible. The China Equity Exchange Platform is a top service platform providing the best value added services to equity investors." Participants showed intense interests in the China Equity Exchange Platform. Further discussions on how to successfully implement cross-boundary equity exchanges via the Platform are continued after the round table. The business model of the China Equity Exchange Platform is well endorsed by governmental officers.
Mr. Guan-hua Zhong, Vice President of the Henan Property Rights Exchange Center gave a delicate presentation on the significance of regional equity exchanges to the Multi-Layer Capital Market. The Henan Property Rights Exchange Center is a business incubator, which has fostered a good many well-performing enterprises and assisted them in listing on the main board markets in China and overseas. It sets an outstanding example for standardized equity exchanges. On a statistical estimation, there are at least twenty such standardized equity exchange institutions in China, and most of them have established close relations with the China Equity Exchange Platform.
The Forum attracted about 300 participants, including governmental officers, experts, and scholars. Principals from regional equity exchanges in China also attended, in addition to well-performing private enterprises in China, and security and investment companies from China and abroad. Major mass media gave enormous publicity to the event.
The China Equity Exchange Market is more recognized as a required component of the Multi-Layer Capital Market chain. It is moving full speed ahead, and the China Equity Exchange Platform is developing in a promising market.
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
