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NEWS RELEASE
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Cyber Merchants Exchange 600 S. Lake Ave., Suite 405, Pasadena, CA 91106 tel: (626) 793-5000 (888) JOIN CME FAX: (626)793-5096 www.c-me.com |
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C-Me
Nasdaq SmallCap Application Not Approved PASADENA, CA
– March 16, 2001 –Cyber Merchants
Exchange, (C-Me) (OTC-BB: CMEE),
announced today that its application for listing on The Nasdaq SmallCap Market
has been declined. About Cyber
Merchants Exchange, Inc. (C-Me) C-ME (http://www.C-ME.com)
uses its proprietary web-based software to create a global B2B e-commerce
solution that streamlines the way retailers locate finished and made-to-order
viable merchandise. C-Me’s
current retail partners include Factory 2-U Stores (NASDAQ: FTUS) and Burlington
Coat Factory (NYSE: BCF). ). Other
retailers include: McWhorter’s,
Sacks SFO and Susie’s Deals, which are based in California and L & L Wings
which is based in New York. The company is currently
forming multiple joint ventures in the Pacific Rim to facilitate direct
international merchandise sourcing for its U.S. retail partners. C-Me has operations in North America, Asia, Europe and the
Middle East.
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Company Contact: Barbara Doonan C-ME.com (626) 793-5000 e-mail: ir@c-me.com |
Investors and Media: Lisa Lindberg/DianGriesel, Ph.D. The Investor Relations Group (212)736-2650 e-mail: TheProTeam@aol.com |
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