CBQ, Inc. and Park Royal Galleries, Ltd. Form Strategic Partnership to Sell Fine Art, Antiques, Collectibles, Jewelry, and Other Items on Bid4IT.COM Auction Site

Business Wire, Jan 7, 2000

Business Editors & High-Tech Writers

ADDISON, Texas and STERLING, Va.--(BUSINESS WIRE)--Jan. 7, 2000

CBQ, Inc. (OTC BB:CBQI) The E-Business Marketplace and Park Royal Galleries, Ltd., the nation's premier estate auction company, announced today that they have formed a strategic partnership to sell fine art, antiques, collectibles, jewelry, and other items on the bid4it web site developed by CBQ, Inc. and on the Park Royal Auctions.com website developed by CBQ.

The items that will be offered on the co-branded websites will include high-end antique and new hand made Persian and Oriental carpets, fine art, jewelry collections ranging from small diamond rings to pieces valued in excess of $100,000, fine Rolex watches, antique and reproduction furniture including Louis XIV and Louis XV pieces, bronze statuary, European and Oriental porcelain, signed European crystal, celebrity and political autographed photographs and documents; sterling silverware, exotic automobiles (including Ferraris, Rolls Royces, Jaguars, and BMWs), yachts, jet airplanes, and high-end real estate valued at $1 million and above.

"We are looking forward to expanding our business into the Internet world through this collaboration with CBQ, Inc.," said A.M. "Ozzie" Khan, the principal auctioneer of Park Royal Galleries, Ltd.

"Our bid4it site will host many outstanding suppliers of goods from around the world. We are proud to welcome Park Royal Galleries to the CBQ family, and are looking forward to a long and fruitful relationship," said John Harris, CEO, CBQ, Inc.

About CBQ

CBQ, Inc. The E-Business Marketplace is a total end-to-end provider for implementing customer driven e-business solutions. Through its subsidiaries, Reliance Technologies, Inc. and Priority One Electronic Commerce Corp. it can design, implement, host, build traffic and process payments for its customer's e-business initiatives. ChinaSoft, Inc. is a wholly owned subsidiary of CBQ, Inc., that is affiliated with Beijing Zhongruan Zhixun Technology Development Co. Services include Software Development services for Enterprise computing and Internet Development Services. China Partners, Inc. is a wholly owned subsidiary of CBQ, Inc., Its primary focus is facilitating trade and investment opportunities between U.S. and Chinese companies through its trade portal Chinapartners.net. CBQcare.net, provides a Web-based health care management system with applications such as practice management software for patient scheduling, referrals, messaging, charting, insurance claim generation, prescription and formulary management.

For more information, visit 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.