CBQ Becomes Sponsoring Member of Maryland-China Business Council

Business Wire, Feb 14, 2001

Business Editors

HUNT VALLEY, Md.--(BUSINESS WIRE)--Feb. 14, 2001

CBQ, Inc. (OTCBB: CBQI) the E-Business Infrastructure Company has joined the Maryland-China Business Council ("MCBC") (www.mcbc.net) as a sponsoring member.

Accompanying MCBC, CBQ intends to sponsor an IT Symposium to be held in Washington DC some time in May 2001. The mission of MCBC is to foster increased trade and investment with the People's Republic of China.

CBQ, Inc., in cooperation with MCBC, will sponsor a symposium in May that will focus on the emerging Information Technology industry in China. CBQ has pioneered the use of China as a partner for its software development efforts, and the conference will focus on software technologies, outsourcing, and business opportunities in China. Additional details concerning the date and venue of the CBQ/MCBC IT Conference will be announced shortly.

"This synergistic symposium will deal directly with the globally important role of the IT Revolution," said Bart Fisher, Chairman and CEO of CBQ, Inc. "The primary aim for this conference is to form new regional networks through development of the information industry by allowing participants to better understand their respective concerns, interests, and objectives for trade in IT products and services, and to appreciate its economic importance."

About The Maryland-China Business Council

The Maryland-China Business Council (MCBC) was established informally in December 1994 and was incorporated as a nonprofit organization in March 1995. The mission of MCBC is to foster increased business understanding and activity with the People's Republic of China. MCBC fulfills this mission by providing speaker programs and networking opportunities at its regular meetings. The MCBC also hosts delegations from China and organizes other programs with the aim of increased opportunities for successful business relationships and trade.

About CBQ, Inc.

CBQ, Inc. - The E-Business Infrastructure Company is an end-to-end provider for implementing customer-driven e-business solutions. Through its subsidiaries, Quantum Net Technologies and ChinaSoft, it provides a full range of network integration and infrastructure services, software development, and web-based solutions, as well as information technology outsourcing resources. For more information about CBQ, Inc., visit http://www.cbq.com.

Quantum Net Technologies Inc. ("QNT"), - located in Hunt Valley, Maryland is one of the leaders in web-based and database application development, and strives to provide enterprises with the highest quality of infrastructure necessary to operate efficiently in the Internet and e-business economy. For additional information on Quantum Net Technologies, Inc. or services offered, visit http://www.qnettech.com or contact QNT at 800/296-9670.

ChinaSoft, Inc. - is a wholly owned subsidiary of CBQ, Inc. that is a joint venture partner with CCSoft Technology Developing, Ltd., Beijing, China. Its services include Software Development for Enterprise computing and Internet development. For more information about CCSoft, visit http://www.ccsoft.com.cn.

Safe Harbor: 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.