Friday, February 13, 2004 12:49:30 PM
IGII...this is weird. After the report this morning that the 8K wasn't complete, they just released this announcement?? Sounds good, I think! 
IBSG International Confirms Closing of Acquisition [DFDBVNJ]
Business Editors/High-Tech Writers
CELEBRATION, Fla.--(BUSINESS WIRE)--Feb. 13, 2004--IBSG
International, Inc. (OTCBB:IIGI) announced today that the previously
reported acquisition of Intelligent Business Systems Group, Inc.
(IBSG) has been formally completed.
About IBSG:
IBSG, a subsidiary of IBSG International, commenced business in
1997, and is now in its sixth straight year of profitable operations
selling enterprise solutions that is designed to greatly enhance the
operating efficiency and create revenue for State Small Business
Development Centers, business associations (e.g. Chambers of Commerce)
and Fortune 1000 corporations through the licensing of its proprietary
turnkey digital service center software, which provides a broad range
of digital budgetary, administrative and commercial services (B2B,
e-commerce, government to business and enterprise business services)
on a single platform known as the NetPool Data System (copyrighted).
As a software provider, system integrator and Application Service
Provider, IBSG generates its revenue from license sales, system
modifications, system support, and a percentage of monthly customer
fees. IBSG clients, among others, include the Small Business
Development Centers of California, National Black Chamber of Commerce,
San Joaquin Delta College and North Dade Chamber of Commerce.
Forward-Looking Statements:
Statements about the Company's future expectations, including
future revenues and earnings, and all other statements in this press
release other than historical facts are "forward-looking statements"
within the meaning of section 27A of the Securities Act of 1933,
Section 21E of the Securities Exchange Act of 1934, and as the term is
defined in the Private Litigation Reform Act of 1995. The Company's
actual results could differ materially from expected results. The
Company undertakes no obligation to update forward-looking statements
to reflect subsequently occurring events or circumstances. Should
events occur which materially affect any comments made within this
press release, the Company will appropriately inform the public.
-0-
*T
Intelligent Business Systems Group International Inc.
World HQ
1132 Celebration Blvd.
Celebration, Fl 34747
(321) 939-6321
*T
--30--CP/mi*
CONTACT: Redwood Consultants LLC, Novato, Calif.
Jens Dalsgaard, 415/884-0348
IBSG International Confirms Closing of Acquisition [DFDBVNJ]
Business Editors/High-Tech Writers
CELEBRATION, Fla.--(BUSINESS WIRE)--Feb. 13, 2004--IBSG
International, Inc. (OTCBB:IIGI) announced today that the previously
reported acquisition of Intelligent Business Systems Group, Inc.
(IBSG) has been formally completed.
About IBSG:
IBSG, a subsidiary of IBSG International, commenced business in
1997, and is now in its sixth straight year of profitable operations
selling enterprise solutions that is designed to greatly enhance the
operating efficiency and create revenue for State Small Business
Development Centers, business associations (e.g. Chambers of Commerce)
and Fortune 1000 corporations through the licensing of its proprietary
turnkey digital service center software, which provides a broad range
of digital budgetary, administrative and commercial services (B2B,
e-commerce, government to business and enterprise business services)
on a single platform known as the NetPool Data System (copyrighted).
As a software provider, system integrator and Application Service
Provider, IBSG generates its revenue from license sales, system
modifications, system support, and a percentage of monthly customer
fees. IBSG clients, among others, include the Small Business
Development Centers of California, National Black Chamber of Commerce,
San Joaquin Delta College and North Dade Chamber of Commerce.
Forward-Looking Statements:
Statements about the Company's future expectations, including
future revenues and earnings, and all other statements in this press
release other than historical facts are "forward-looking statements"
within the meaning of section 27A of the Securities Act of 1933,
Section 21E of the Securities Exchange Act of 1934, and as the term is
defined in the Private Litigation Reform Act of 1995. The Company's
actual results could differ materially from expected results. The
Company undertakes no obligation to update forward-looking statements
to reflect subsequently occurring events or circumstances. Should
events occur which materially affect any comments made within this
press release, the Company will appropriately inform the public.
-0-
*T
Intelligent Business Systems Group International Inc.
World HQ
1132 Celebration Blvd.
Celebration, Fl 34747
(321) 939-6321
*T
--30--CP/mi*
CONTACT: Redwood Consultants LLC, Novato, Calif.
Jens Dalsgaard, 415/884-0348
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