LOS ANGELES, August 6, 2003 (PRIMEZONE) -- Pacific CMA Inc. (OTCBB:PCCM), a global freight forwarding/logistics services company, today announced that it has been designated as the official freight forwarder for the ASAP Global Sourcing Show, the World's Largest Garment and Textile Sourcing Show, being held this month in Las Vegas. The ASAP Show is scheduled to run from August 24-27 at the Las Vegas Hilton Convention Center.
The ASAP show currently has more than 250 garment manufacturers from 35 countries exhibiting. Some of these overseas manufacturers are coming to the United States for the first time to gain container load orders from an estimated audience of approximately 7,000 attendees comprised of U.S. retailers, manufacturers, importers and buyers.
Frank Yuan, the brainchild of the ASAP Show, CEO and Chairman of the parent company, Cyber Merchants Exchange (OTCBB:CMEE), said: "We are very glad to designate a rapidly growing company such as Pacific CMA to be the official freight forwarder for the ASAP Show. The reason we chose Pacific CMA is because they are an equally fast growing company as cyber merchants."
"Through Pacific CMA's more than 128 freight logistics agents, stationed in 68 countries serving major gateways around the world, they will provide the freight forwarding and logistics solutions for our many exhibitors. I am certain that this strategic partnership will continue to grow into the future ASAP Shows and be prosperous for everyone," said Yuan.
"Global forwarding and logistic services are an intricate part of our ASAP Global Sourcing Show. Our 7,000 plus attendees will need the professional apparel logistic company assistance to carry their orders from overseas to the U.S. in the most efficient and cost effective way. Pacific CMA was chosen for its apparel specific emphasis and service oriented object in mind. We have reviewed other freight forwarders and found that Pacific CMA most appropriately matches our company's business strategy...Think globally, act locally," said Yuan.
In response, Pacific CMA Chairman Alfred Lam said: "We are deeply honored that we have been designated as the official freight forwarder for this ASAP Show. This strategic relationship will offer us many opportunities to meet current and potential garment clients. We hope to be an important part of the ASAP Global Sourcing Show, and we will do our best to service the tradeshow exhibitors and attendees to provide transportation to a rapidly growing global trading environment."
Pacific CMA will be present at the show, staffed with senior executives from its Hong Kong office, as well as Los Angeles, San Francisco and New York offices. Attendees to the ASAP Show are asked to pre-register online at the following link: http://www.asapshow.com.
ABOUT PACIFIC CMA (www.pacificcma.com)
More information on the company is available online at www.barrowstreet.com and also at www.pacificcma.com.
ABOUT CYBER MERCHANTS EXCHANGE, INC. (http://www.C-Me.com)
C-Me is an international electronic trading and logistics company, creating efficiencies for retailers to source and finance international purchases. C-Me offers its patent pending Global Financial Platform allowing U.S. buyers to purchase overseas merchandise without the need of issuing a Letter of Credit. The ASAP Global Sourcing Show, a natural extension of C-Me, is held twice a year in Las Vegas, Nevada. ASAP's mission is to establish a premier venue for leading international textile and apparel full package factories to conduct business under one roof with global buyers. The Company presently has 25 offices located throughout the world.
Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements.