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China Score, Inc., Announces Initial Public Offering for Monday, August 30th, 2004
Friday August 27, 4:56 pm ET

LAS VEGAS, Aug. 27 /PRNewswire/ -- China Score, Inc., has announced its Initial Public Offering (OTC: CIAS - News). Shares are scheduled to begin trading on Monday, August 30th, 2004.

With offices in Las Vegas, Nevada and Sheyang City, China, China Score, Inc., is in the process of creating the first-ever nationwide credit scoring system in the People's Republic of China. The unprecedented increase in private business in the country has created an urgent need for meaningful, consistent and accessible credit data on companies and individuals. China Score is positioning itself to fill that gap, by leveraging existing local and national expertise, resources and infrastructure to provide businesses with valuable credit information that will help support the country's ongoing privatization initiatives.

The company has also recently announced an upcoming meeting with the only existing, provincial credit-information bureau in the country. Said Hongren Henry Zhang, Chief Executive Officer of China Score, "Our business model is built on a logical process of building on existing resources and infrastructure to meet the pressing demand for credit information across the country. We believe that an alliance or merger with this existing company will help us move several steps forward at an accelerated pace."

Regarding the initial public offering scheduled for next week, Zhang continued, "China Score offers U.S.-based investors an opportunity to invest directly in this emerging economy. As personal and business enterprise continues to expand in China, we are confident that our nationwide credit-scoring service the first such system in the country will play a key role in this successful economic development."

More information regarding China Score, Inc., can be found at the company's website, www.chinascore.com.

Safe Harbor

This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The risks and uncertainties that may affect the operations, performance development and results of the Company's business include but are not limited to fluctuations in financial results, availability and customer acceptance of our products and services, the impact of competitive products, services and pricing, general market trends and conditions, and other risks detailed in the Company's SEC reports.

Contact:
Brian Davidson
China Score, Inc. Investor Relations
4211 W Sahara Blvd Suite A
Las Vegas, NV 89102
bdavidson@chinascore.com


Posts: 768 | From: Ingland | Registered: May 2004  |  IP: Logged | Report this post to a Moderator
   

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