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iBIZ Technology Signs TMX (Trading) Limited as European Distributor In Continuing Market Expansion


PHOENIX, Aug. 21 /PRNewswire/ -- iBIZ Technology Corp. (Company) (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 signing TMX (Trading) Limited ("TTL"), a United Kingdom-based distributor of consumer electronics and computing and telecommunications services, to distribute the Company's PDA accessories in the European market.

TTL will distribute iBIZ Technology's innovative line of accessories for PDAs and handheld computing devices, including keyboards, folding travel cradles, 12-volt car chargers, aluminum hardcases, a 9-volt pocket charger and connecting cables, to consumer electronics, computer and consumer products retailers located throughout Europe.

Barry Marsh, TTL's managing director, said: "We are very pleased with this association with iBIZ. The wide range of iBIZ accessories meets all the needs of retailers and distributors and can fill a product gap we have identified. As a result, we feel there is significant opportunity and sales potential for iBIZ PDA accessories in the European market."

Mark Perkins, iBIZ executive vice president, commented: "The PDA/handheld market is exploding in Europe, and these devices are becoming basic components of everyday life for a large and rapidly growing number of users. Based on strong interest we received at Retail Vision Europe and TTL's proven distribution capabilities, we expect to see substantial orders from retail buyers."

iBIZ President and CEO Ken Schilling added: "We are excited about this opportunity to expand our market for our PDA accessories. This new agreement is expected to significantly increase iBIZ brand visibility, further diversify our growing sales base, and contribute to future sales growth."

About TMX (Trading) Limited ("TTL")

TTL is a United Kingdom-based supplier of consumer electronics and computing and telecommunications services. TTL distributes products to many of the UK's major electronics and other retailers, including some of the largest electronic retailers throughout Europe. TTL offers extensive consumer electronics, computing and telecommunications services through experienced sales, product management, and logistics teams, which meet both market and retailer requirements.

About iBIZ Technology

iBIZ is a leading U.S. 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 and offers co-location services through its 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 [e-mail] or call 800/234-0707.

Forward-looking statements in this release relating to market opportunity, potential sales, retail orders, expansion, brand visibility, and sales growth 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., [phone], [e-mail]; Dan Matsui, [e-mail], or Eugene Heller, both of Silverman Heller Associates, [phone], for iBIZ Technology Corp.

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SOURCE iBIZ Technology Corp.

CO: iBIZ Technology Corp.; TMX (Trading) Limited

ST: Arizona, England

IN: CPR CSE MLM PEL MAR

SU:

08/21/2001 07:30 EDT http://www.prnewswire.com