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03/28/01 7:51 AM

#855 RE: Bixmann #854

Bixmann: You need to read what is posted as to news releases. The last acquisition was NON DILUTIVE.
(COMTEX) B: CBQ INC - To Expand China Software Outsourcing Capability
B: CBQ INC - To Expand China Software Outsourcing Capability With Acquisition -
Of EasySoft International, Inc

New York, New York, Mar 02, 2001 (Market News Publishing via COMTEX) -- CBQ,
Inc. The E-Business Infrastructure Company, announced that it has entered into a
definitive agreement to acquire EasySoft International, Inc.

EasySoft International, Inc. is a leading privately owned English language
software outsourcing company located in Beijing, China and Miami, Florida. The
all-stock non-dilutive acquisition will be accretive to the earnings of CBQ,
Inc. due to the profitability provided by this complementary business unit.

EasySoft will operate as a wholly owned subsidiary of CBQ, Inc. The transaction
is scheduled to close no later than March 15th.

"The acquisition of EasySoft presents CBQ with a singular opportunity to be a
leader in software development and outsourcing from China by allowing CBQ to
competitively pursue major U.S. software contracts and outsourcing
opportunities," said Bart S. Fisher, Chairman and CEO of CBQ, Inc. "EasySoft has
been successfully providing software outsourcing from its Beijing office for
nearly three years. The most significant aspect of its China success story is
the English language environment of the company, which will allow CBQ to execute
its business plan of providing high-quality, low-cost Chinese software
programming services to U.S. customers. To our knowledge EasySoft is the
foremost company in China focused entirely on commercial programming in English
for the American market. This is a perfect fit for CBQ's business model.
EasySoft also has a very fine business analysis team at its headquarters in
Miami, which is another great asset and completely complements our business
development efforts in the mid-Atlantic region. We can now focus our complete
attention on business development for the software outsourcing market here in
the United States and execution by our new subsidiary in China."

"Our access to quality investment capital from the US and China is also enhanced
by this transaction" Fisher added, "and we are pursuing a high quality/low cost
business model in one of the fastest growing markets in the US Information
Technology industry, software outsourcing. The offshore segment of this market
was more than $9.5 billion in 1999 and growing at the rate of more than 40% per
annum. We are extremely excited about the possibilities this opportunity will
create for the combined resources of CBQ and EasySoft."

EasySoft has an impressive roster of international clients such as Acer Group
(one of the five top PC vendors in the world), Samsung, People's Daily (Beijing,
China), ABN AMRO Bank, Palm Companies, Yupi Internet, Inc., and Solectron. In
addition, EasySoft is providing software outsourcing services to U.S. and state
agencies, such as the U.S. Department of Agriculture, the states of Tennessee,
Florida, Montana, North Carolina, Maryland, Louisiana, and others.

"Our programmers are working around the clock in a coordinated effort to deliver
our clients needs on time and on budget," said Dr. Wei Sun, EasySoft CEO. "Very
few of our competitors can say this. The combination with CBQ gives EasySoft a
much broader sales and marketing reach into the U.S. market while it gives CBQ
the quality production facility it has been working to develop in China. We have
a completely flexible and scaleable operation in Beijing which is prepared for
significant growth."

Web based software examples of EasySoft's expertise can be seen at
http://www.easymarketplace.com and http://www.comerciofacil.com. About CBQ, Inc.

CBQ, Inc. is a full service, end to end E-Business solution provider. Through
its subsidiary Quantum Technology Group, Inc., CBQ provides custom software,
including web portal design and development, networking services and security,
as well as many other web-based solutions. The company also provides information
technology outsourcing resources to its clients.

For more information on CBQ, Inc., visit http://www.cbq.com.

This news release includes forward-looking statements related to CBQ, Inc. that
involve risks and uncertainties, including, but not limited to, quarterly
fluctuations in results, the management of growth, market acceptance of certain
products and other risks. These forward-looking statements are made in reliance
on the "safe-harbor" provisions of the Private Securities Litigation Reform Act
of 1995. For further information about these factors that could affect CBQ's
future results, see the company's filings with the Securities and Exchange
Commission (the "Commission"). Prospective investors are cautioned that
forward-looking statements are not guarantees of future performance. Actual
results may differ materially from management expectations.


CONTACT: TEL: 954/757-0582 Marketex, Coral Springs, Fla.
Investor Relations: Gary Swancey

MarketbyFax(tm) - To get the NEWS as it happens, call (604) 689-3041.

(C) 2001 Market News Publishing Inc.

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KEYWORD: New York, New York

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