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► News/Press Releases

The Hartcourt Companies, Inc.

05/22: Hartcourt Subsidiary Sinobull.com Completes Acquisition of 50% Interest of Shanghai Guo Mao; Agreement is a Prelude to a 100% Merger of the Two Entities
www.newsalert.com/bin/...Q=hrct&Nav=na-search-&StoryTitle=hrct

05/15: Hartcourt Announces Selection of StreamingAsia.com to Deliver Chinese Sports Video and Audio Over the Internet
www.newsalert.com/bin/...Q=hrct&Nav=na-search-&StoryTitle=hrct

05/09: Hartcourt Selected to Help Open Chinese People's Supreme Court Cases to Internet Access
www.newsalert.com/bin/...Q=hrct&Nav=na-search-&StoryTitle=hrct

04/28: Sinobull.com Announces Online Relationship With Third Chinese Securities Trading Firm
www.newsalert.com/bin/...Q=hrct&Nav=na-search-&StoryTitle=hrct

04/26: Sinobull.com Takes 50% Stake in StreamingAsia.com
www.chinaonline.com/issues/internet_policy/...re/C00042620.asp
asia.internet.com/2000/4/2605-sinobull.html

04/25: Sinobull.com, a Hartcourt Subsidiary Completes Acquisition of 50 Percent of StreamingAsia.com
www.newsalert.com/bin/...Q=hrct&Nav=na-search-&StoryTitle=hrct

04/17: Hartcourt Reports 1999 Financial Results and Success in Acquiring Chinese Internet Businesses
www.newsalert.com/bin/...Q=hrct&Nav=na-search-&StoryTitle=hrct

04/12: Hartcourt's Subsidiary, Financial Telecom of Hong Kong, Acquires 51% of Data Transmission Network
www.newsalert.com/bin/...Q=hrct&Nav=na-search-&StoryTitle=hrct

04/10: Hartcourt Appoints a Wireless Telecom Expert, Dr. Charlie Q. Yang, to Chief Operating Officer
www.newsalert.com/bin/...Q=hrct&Nav=na-search-&StoryTitle=hrct

04/04: Hartcourt Companies, Owner of China-wide Internet Businesses, Retains FRB BSMG; Premier Chinese Financial Portal, Sino Bull, Among Hartcourt Holdings
www.newsalert.com/bin/...Q=hrct&Nav=na-search-&StoryTitle=hrct

03/28: Hartcourt's Subsidiary, UAC Online, Releases Chinese Stock Trading Applications for Palm OS and Windows CE
www.newsalert.com/bin/...Q=hrct&Nav=na-search-&StoryTitle=hrct

03/23: Hartcourt Appoints Mr. Duc Duong Chief Technology Officer
www.hartcourt.com/i/pressrelease032300.htm

03/20: Guosen Securities to Use UAC 162 Network for Online Stock Trading
www.newsalert.com/bin/...Q=hrct&Nav=na-search-&StoryTitle=hrct

03/15: Michael Bianco Is the New President & CEO of Sinobull.com; Hartcourt Subsidiary Is Putting Finishing Touch on Its Portal Launch and IPO
www.newsalert.com/bin/...Q=hrct&Nav=na-search-&StoryTitle=hrct

03/13: SinoBull.com to Develop WAP Connectivity for Mobile Phone Services
www.newsalert.com/bin/...Q=hrct&Nav=na-search-&StoryTitle=hrct

03/08: StreamingAsia.com is the Official Webcaster for Hong Kong Stock Exchange; Hartcourt Subsidiary is a Rising Star In Hong Kong Internet
www.newsalert.com/bin/...Q=hrct&Nav=na-search-&StoryTitle=hrct

03/06: Sinobull.com (A Hartcourt Subsidiary) Web Site Is a Hit with Chinese Investors
www.newsalert.com/bin/...Q=hrct&Nav=na-search-&StoryTitle=hrct

02/29/00: Hartcourt to Invest in Sichuan Cable Network

02/16/00: Chairman to Speak on China Market for Online Stock Trading

02/14/00: Hartcourt to Invest in eIMPACT Solutions

01/24/00: Hartcourt Applies For Nasdaq NMS Listing

01/14/00: Hua Xia Launches Set Top Boxes with Microsoft and Legend

01/10/00: Hartcourt Shares Gain 5,264 Percent in 1999

01/06/00: Hartcourt Funding Agreement Increased to $35 Million

12/29/99: Hartcourt Appoints BDO International to be its Auditors

12/28/99: Sinobull.com Agrees to Acquire 50% of Shanghai Guo Mao

12/23/99: Hartcourt UAC JV Generating Publicity On Government Media

12/19/99: Sinobull.com to Purchase 40% of Shangdi Network

12/13/99: Sinobull.com Engages Ernst & Young for IPO Business Plan

12/07/99: Sinobull.com Agrees to Buy 50% of Internet Software Company

12/01/99: eSAT Inc. and Hartcourt Come to Terms on Strategic Alliance

11/18/99: Sinobull.com Formed as IPO Company for UAC Online and FinTel

11/15/99: Hartcourt Signs Agreement for $25 Million Equity Line Funding

11/02/99: Hartcourt UAC JV Signs with Beijing Telecom; Gains Gov't Funding

10/25/99: Hartcourt Signs JV Agreement For Wireless ISP and IP Phone

09/22/99: Hartcourt Completes Acquisition of Financial Telecoms Ltd.

09/09/99: Hartcourt to Convert 15% of Stock Options in UAC Online

08/25/99: Hartcourt Acquires 58% of Financial Telecom of Hong Kong

07/20/99: Hartcourt to Participate in National ISP Venture in China

07/12/99: Hartcourt Approved for Listing on German Stock Exchange

06/29/99: Hartcourt Acquires 35% of China's First Online Trading Co.

06/03/99: Hartcourt to Distribute Share Certificates of Enova Holdings

03/25/99: Hartcourt to Divest 65% of ECS to Mgmt and Investors' Group

03/25/99: Hartcourt Exchanges Interest in Peony Garden Project, Beijing

03/24/99: The Hartcourt Companies Inc. to Spinoff U.S. Operations

03/24/99: The Hartcourt Companies Inc. Issues Rebuttal Statement

03/23/99: First Foreign Firm Allowed; Hartcourt to Merge with Chinese ISP

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Hartcourt incurred a net loss of $1.7 million or $0.06 per share for the quarter ended March 31, 2000, compared to a net loss of $249,000 or $0.01 per share for the quarter ended March 31, 1999. The increased net loss is attributable to consulting and legal costs associated with the company's recent and pending acquisitions and expenses incurred in brokerage fees in connection with the issuance of warrants to raise additional capital. Auszug
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