CHIF Invests in Halliburton Licensee, Enters China Energy Distribution Industry

Apr 11, 2001, 01:00 ET from China Food & Beverage Company

    NEW YORK, April 11 /PRNewswire/ -- China Food and Beverage Company
 (OTC Bulletin Board:   CHIF) announced today it has entered into an investment
 agreement with Tritradex Inc. (http://www.tritradex.com), US based parent
 corporation of Shanghai Tritradex Machinery, Inc., a manufacturer and
 distributor of gasoline assemblies in the People's Republic of China under
 license from the Wayne Division (http://www.halliburton.com/DEG/deg_wayne.asp)
 of Houston-based Dresser Corporation, a Halliburton Company (NYSE:   HAL).
     CHIF is continuing to explore the possibility of further investment or a
 business combination with Tritradex.  The Company's investment banker, HD
 Brous & Co., Inc., a New York Stock Exchange Member Firm, recently returned
 from China, where it was negotiating further strategic opportunities with
 Tritradex.
     China Food and Beverage Co. is a U.S. holding company whose strategy is
 the acquisition of regional Chinese companies that compliment its existing
 business, distribution and product lines.
     For further information on CHIF contact investor relations, Toll-Free at
 1 (877) 667-9377 or visit (http://www.chif.net)
 
     This press release contains certain forward-looking statements within the
 meaning of Section 27A of the Securities Act of 1933, as amended, and Section
 21E of the Securities Exchange Act of 1934, which are intended to be covered
 by the safe harbors created thereby. Investors are cautioned that all
 forward-looking statements involve risks and uncertainties, including without
 limitation, the ability of China Food and Beverage Co. to accomplish its
 stated plan of business. Although China Food and Beverage Co. believes that
 the assumptions underlying the forward-looking statements contained herein are
 reasonable, any of the assumptions could be inaccurate, and therefore, there
 can be no assurance that the forward-looking statements included in this press
 release will prove to be accurate.  In light of the significant uncertainties
 inherent in the forward-looking statements included herein; the inclusion of
 such information should not be regarded as a representation by China Food and
 Beverage Co., or any other person that the objectives and plans of China Food
 and Beverage will be achieved.
 
 

SOURCE China Food & Beverage Company
    NEW YORK, April 11 /PRNewswire/ -- China Food and Beverage Company
 (OTC Bulletin Board:   CHIF) announced today it has entered into an investment
 agreement with Tritradex Inc. (http://www.tritradex.com), US based parent
 corporation of Shanghai Tritradex Machinery, Inc., a manufacturer and
 distributor of gasoline assemblies in the People's Republic of China under
 license from the Wayne Division (http://www.halliburton.com/DEG/deg_wayne.asp)
 of Houston-based Dresser Corporation, a Halliburton Company (NYSE:   HAL).
     CHIF is continuing to explore the possibility of further investment or a
 business combination with Tritradex.  The Company's investment banker, HD
 Brous & Co., Inc., a New York Stock Exchange Member Firm, recently returned
 from China, where it was negotiating further strategic opportunities with
 Tritradex.
     China Food and Beverage Co. is a U.S. holding company whose strategy is
 the acquisition of regional Chinese companies that compliment its existing
 business, distribution and product lines.
     For further information on CHIF contact investor relations, Toll-Free at
 1 (877) 667-9377 or visit (http://www.chif.net)
 
     This press release contains certain forward-looking statements within the
 meaning of Section 27A of the Securities Act of 1933, as amended, and Section
 21E of the Securities Exchange Act of 1934, which are intended to be covered
 by the safe harbors created thereby. Investors are cautioned that all
 forward-looking statements involve risks and uncertainties, including without
 limitation, the ability of China Food and Beverage Co. to accomplish its
 stated plan of business. Although China Food and Beverage Co. believes that
 the assumptions underlying the forward-looking statements contained herein are
 reasonable, any of the assumptions could be inaccurate, and therefore, there
 can be no assurance that the forward-looking statements included in this press
 release will prove to be accurate.  In light of the significant uncertainties
 inherent in the forward-looking statements included herein; the inclusion of
 such information should not be regarded as a representation by China Food and
 Beverage Co., or any other person that the objectives and plans of China Food
 and Beverage will be achieved.
 
 SOURCE  China Food & Beverage Company