IBII News Skyy-Fi 40+ contracts +66% 0.001/0.0009 Boy Wi-Fi good plays. Still w/ WFTV to regain to 0.06+
IBII--Internet Business's International, Inc. Acquires 40 Additional Skyy-Fi Locations Thursday July 1, 8:45 am ET
LAS VEGAS, July 1, 2004 (PRIMEZONE) -- Internet Business's International, Inc. (OTC BB:IBII.OB - News) announced today that Skyy-Fi, its wireless Internet solution company, just received over 40 additional contracts for its Wi-Fi solution, which provides consumers the freedom and flexibility of high speed Internet access at its Skyy-Fi locations. Of the 40 plus contracts there are 7 motels. There are currently thousands of Wi-Fi locations across the United States and as stated in our previous press release, ``It is estimated that by the end of 2004, 50% of laptops and PDA's will be Wi-Fi enabled and analysts project that there will be 20 million 'hotspot' users by 2005''. Skyy-Fi anticipates that installation of these contract sites along with the previous contracts obtained for the company will be scheduled for installation before the end of July.
``Safe Harbor'' Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as IBII or its management ``believes,'' ``expects,'' ``anticipates,'' ``foresees,'' ``forecasts,'' ``estimates'' or other words or phrases of similar import. Similarly, such statements in this release that describe the company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. These risks and uncertainties include, among other things, product price volatility, product demand, market competition and risk inherent in the operations of a company.
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