China Career Builder Corp. Announces Plan to Acquire Asian Career Company Ltd. of Hong Kong
HONG KONG, March 14, 2007 (PRIME NEWSWIRE) (PRIMEZONE) — China Career Builder Corp., (Pink Sheets:CCBX) a Delaware Corporation, is focused on outsourcing human resource services and staffing in Hong Kong, China. The company is pleased to announce a plan to acquire Asian Career Company of Hong Kong. The company is expected to complete the transaction in the next Two (2) to Four (4) weeks. All additional information will be available upon finalization of the acquisition. The company will make further announcements in coming weeks.
About the Company
China Career Builder Corp. is a provider of outsourcing human resource services and staffing. The company provides recruitment services focusing on the professional, management, clerical, administrative, IT and industrial market in Hong Kong, China. Its services include screening, recruiting, training, workforce deployment, loss prevention and safety training. In addition it supplies pre-employment testing and assessment, background searches, compensation program design, customized personnel management reports, job profiling, description, application, turnover tracking and analysis, opinion surveys and follow-up analysis. It conducts exit interviews and follow-up analysis, and management development skills workshops. The company markets its recruitment services by way of a combination of direct sales, telemarketing, trade shows, and advertising.
Safe Harbor Statement
Certain of the statements set forth in this press release constitute “forward-looking statements.” Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words “estimate,” “project,” “intend,” “forecast,” “anticipate,” “plan,” “planning,” “expect,” “believe,” “will likely,” “should,” “could,” “would,” “may” or words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company’s actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company’s ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company’s limited financial resources, domestic or global economic conditions — especially those relating to China, activities of competitors and the presence of new or additional competition, and changes in Federal or State laws, restrictions and regulations on doing business in a foreign country, in particular China, and conditions of equity markets. The Company disclaims any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statement or to reflect the occurrence of anticipated or unanticipated events.
CONTACT: China Career Builder Corp.
Mona W. Y. Yim
852-3527-0661
Xara Group of Consultants Ltd.
Investor and Public Relations
Nixon Lau
302-261-2421