Ise Blu Equity Corp (ISBL)

[buick]

Netcert discovers listing problem and takes corrective action.
repost from 'cooopO' on RB 1.07.06 on KNOBIAS:Raidar
Tuesday , January 03, 2006 05:10 ET

C, Jan 03, 2006 (M2 PRESSWIRE via COMTEX) -- 1994-2006 M2 COMMUNICATIONS LTD

Mountain View, CA - NetCert, Inc. (Pink Sheets: NTCI) has announced that it has discovered a major discrepancy and misrepresentations by the prior principals of Uncle B's Bakery, Inc. ("Uncle B's") which was the former name of NetCert.

In March 2005, and via a reverse merger with Uncle B's, it was represented by the Uncle B's principals that Uncle B's was a publicly traded company listed on the Pink Sheets and had filed a 15c2-11 listing application with NASD. As part of the due diligence for subsequent financing and inquiries to NASD, it was discovered that no such filing by Uncle B's had been made with NASD.

While the Company is still exploring its options to file a legal action against the former principals of Uncle B's, the Company's management team has been focusing on getting the Company back on track. The Company now plans to file a 15c2-11 listing application with the NASD for listing on the Pink Sheets. Until such approval is received from NASD, the Company's shares can only be traded on an "unsolicited quote" basis.

This discovery does not have much impact and does not change the course of our operations in China. However, the Company's funding has been much delayed. We are evaluating other funding sources to provide the short term capital need for the growth of NetCert.

Due to the delay in funding, the Company will not be able to meet its projections disclosed in early 2005. The management team and the board members are diligently working to correct the problem and execute alternative strategies to move NetCert forward as planned.

The Company appreciates the patience and support from all of its shareholders and thanks our shareholders for their belief and confidence in the fundamentals and potential of NetCert.

For more information about NetCert, please contact:

Net Cert, Inc.

Safe Harbor Forward Looking Statements

Except for historical information contained herein, the statements in this release are forward looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward looking statements involve known and unknown risks and uncertainties that may cause the company's actual results in future periods to differ materially from forecasted results. Such risks and uncertainties include, but are not limited to: market conditions, competitive factors, the ability to successfully complete additional financing and other risks.

CONTACT: NetCert Inc Tel: [phone] e-mail: [e-mail]

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