EXHIBIT 99.4
Thursday June 8, 9:19 am Eastern Time
Press Release
SOURCE: Bentley Communications Corp.
Los Angeles Firm to Play Significant Role in China Trade
LOS ANGELES, California, June 8 /CNW/ -- Bentley Communications Corp. (OTCBB:
BTLY) announced the scheduled inception of ISP and website hosting services for
the city of Chengdu and the surrounding region in the People's Republic of
China, pursuant to an agreement with Chengdu Foreign Economic Relations and
Trade Service (CFERTS) and the Chengdu Minjang International Trade Company, Ltd.
When fully implemented, BTLY resources will service approximately 7,000
companies.
The City of Chengdu in the province of Sichuan, with a population in excess of
10 million, is the commercial, financial and science center, as well as the hub
of communications and transportation for southwestern China. The Import/Export
volume of Chengdu is over USD1.5 Billion annually. Today, Chengdu plays a more
important role in the region with the implementation of the "Western Developing
Strategy" of the Chinese Central Government.
"This arrangement firmly establishes Bentley Communications Corp. as a major
player in the implementation of impending legislation, having passed the House
and awaiting Senate approval, which will grant Permanent Normal Trade Relations
(PNTR) status to the People's Republic of China. We are also now ready to
activate several significant Joint Ventures which were held up awaiting passage
of this important bill," said Gordon F. Lee, President of Bentley Communications
Corp.
Bentley Communications Corp. filed its SEC Form 8-K on March 8, 2000. This was
because of a reorganization agreement with Kyrenia Acquisition Corp. and
followed up with consolidated financial statements with Kyrenia as required by
the Form on May 8, 2000. In response to SEC comments on the original filing, the
Company filed an amended Form 8-K/A in addition to its quarterly report, Form
10-QSB, electronically on EDGAR on June 5, 2000. Bentley Communications Corp. is
now current with all of its reporting requirements.
The Company is awaiting further comments from the SEC on its most recent
filings, and is confident that it will clear the SEC comments process in a
timely manner, but makes no guarantees or predictions as to when this will
occur. Once the Company clears this process, it will be once again eligible for
quotation on the OTC Bulletin Board. Management does not consider this an
impediment to continued growth.
Because of ongoing corporate growth, Bentley Communications Corp will relocate
its offices to 9800 South Sepulveda, Suite 625, Los Angeles, California 90045.
The new offices will be occupied as of Monday, June 12, and are adjacent to Los
Angeles International Airport. The company's websites will be offline pending
relocation and upgrade of the company's server system to accommodate extreme
expansion of its international site hosting requirements. The new super-system
is scheduled to be online as of Monday, June 26.
Safe Harbor for Forward-Looking Statements: Except for historical information
contained herein, the statements in this press release are forward-looking
statements that are made pursuant to the safe harbor provisions of the Private
Securities Reform Act of 1995. Forward-looking statements involve known and
unknown risks and uncertainties, which may cause the company's actual results in
the future periods to differ materially from forecasted results. These risks and
uncertainties include, among other things, product price volatility, product
demand, market competition, risk inherent in the company's domestic and
international operations, imprecision in estimating product reserves and the
company's ability to replace and expand its holdings.
FOR FURTHER INFORMATION
Eric Bauchman, VP/COO of Bentley Communications Corp., 562-628-5534
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