iBIZ Technology in Exclusive Agreement with Eurpac, Worldwide Distributor to US
/FROM PR NEWSWIRE LOS ANGELES 213-626-5500/ TO BUSINESS AND TECHNOLOGY EDITORS:
iBIZ Technology in Exclusive Agreement with Eurpac, Worldwide Distributor to US Armed Forces
PHOENIX, Aug. 6 /PRNewswire/ -- iBIZ Technology Corp. (OTC Bulletin Board: IBIZ), a leading manufacturer of PDA/handheld accessories and a provider of data center/co-location services and cabling for business infrastructure and networks, today announced that Eurpac Service, Inc. (Eurpac), the primary distributor of electronics, entertainment and other consumer products to U.S. military exchanges, U.S. Navy ships and veteran's canteen services located worldwide, will distribute iBIZ PDA accessories exclusively, beginning in August, 2001. Virginia-based Eurpac will distribute iBIZ' line of innovative PDA accessories, including the KeySync Keyboard, folding travel cradles, 12-volt car chargers, aluminum hardcases, 9-volt pocket chargers and connecting cables to all military installations, which serve over 11 million members of U.S. armed forces, including the Army, Navy, Air Force, Coast Guard, Marines, and special forces stationed throughout the world. Mark Perkins, iBIZ executive vice president, commented: "The use of PDAs and other wireless devices, and related accessories, is increasing in virtually every industry, business and demographic setting, and the U.S. military is no exception. This agreement with Eurpac offers iBIZ an opportunity to serve a large, unique market in which mobile communication and convenience are valuable commodities." Added Ken Schilling, iBIZ president and CEO: "This agreement enables us to further expand our sales base. We believe that sales in this market could add to quarterly results beginning this fourth quarter and potentially could provide substantial revenue contributions in subsequent quarters, as our products become fully integrated into Eurpac's sales and marketing system."
About iBIZ Technology iBIZ is a leading manufacturer and distributor of accessories for personal digital assistant (PDA) and handheld devices. iBIZ is recognized for innovative, high-quality, competitively-priced products available through major retailers. iBIZ also creates, develops and hosts business Web sites through its co-location data center. iBIZ cabling services enable data/voice networks, wireless and fiber optic telecommunications systems, build-outs, and plant infrastructure. For more information on iBIZ products and services, go to www.ibizcorp.com or e-mail to sales@ibizcorp.com or call 800/234-0707.
Forward-looking statements in this release relating to marketing opportunities, sales and revenues are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties including, without limit, market competition, demand for the Company's products and services, technological change, dependence upon suppliers, and other risks described in the Company's Form 10-KSB for the year ended October 31, 2000.
For further information please contact Terry Bertucci, Public Relations of iBIZ Technology Corp., +1-623-492-9200, bertucci@ibizcorp.com; or Dan Matsui, dmatsui@sha-ir.com, or Eugene Heller of Silverman Heller Associates, +1-310-208-2550, for iBIZ Technology Corp.
/CONTACT: Terry Bertucci, Public Relations of iBIZ Technology Corp.,+1-623-492-9200, bertucci@ibizcorp.com; or Dan Matsui, dmatsui@sha-ir.com, orEugene Heller of Silverman Heller Associates, +1-310-208-2550, for iBIZTechnology Corp./
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