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Buckey

11/18/04 9:51 AM

#33385 RE: SSP #33384

IDGN was well up yesterday and again today but the news just hit

InDigiNet Issues LOI to Buyout 100% of Qbe Technologies' Assets



NEWPORT BEACH, Calif., Nov. 18 /PRNewswire-FirstCall/ -- InDigiNet, Inc., (BULLETIN BOARD: IDGN) , a provider of managed communication solutions for Small to Mid-Size Enterprises (SMEs) in the United States, is pleased to announce that the Board of Directors of both Qbe Technologies, Inc. (Qbe Tech) of Irvine, California and InDigiNet have passed board resolutions to enter into an asset purchase discussion whereby InDigiNet will buy 100% of Qbe Tech's assets