Reissuing release to correct ticker symbol in first graph of release, ticker should read (OTC BB: IBIN) (sted: OTC BB: IGII). The corrected release reads: THE DALLAS GOVERNMENT CONTRACTING SBDC AND THE DALLAS SMALL BUSINESS DEVELOPMENT CENTER JOIN TOGETHER IN PILOT OF IBSG�S BIZWORLDPRO DIGITAL COMMERCE PLATFORM FOR DALLAS METRO REGION Dallas Pilot First Launch Within State Of Texas IBSG International, Inc., (the �Company�), (OTC BB: IBIN) is proud to announce today that its subsidiary IBS Group, Inc., (IBSG) reports that the Dallas Government Contracting SBDC and the Dallas Small Business Development Center are joining together to launch a regional pilot of IBSG�s BizWorldPro digital commerce platform to provide its expanded services to their clients and other small- to mid-sized (SME) businesses located in the Greater Dallas metropolitan area. Although no assurances can be given, management anticipates that the pilot project is expected to generate $500,000 during the first year of the pilot with a potential of $4.2 million over five years. These revenues will be shared between the participating Dallas Centers and IBSG. The goal of the Dallas Government Contracting SBDC is to help Texas business grow. For the 49-county northeast Texas area, they serve as a liaison between small business and a variety of business organizations all committed to the same objective � building a solid, long-term relationship that will help Texas companies improve and grow. Whether it�s helping identify new government markets or assisting with preparing bid documents, the expert technical assistance the Government Contracting SBDC provides eliminates the red tape and helps clients overcome the challenges they face as a business owner. The Government Contracting SBDC, in coordination with its host organization, the Bill J. Priest Institute for Economic Development, also provides business counseling and training services to the small businesses located in the Business Incubation Center (BIC) at the Institute. The Dallas Small Business Development Center (SBDC) is one of the largest management assistance programs serving the business sector in the Dallas area. Implementation of the program, upon completion of the annual Cooperative Agreement, rests within each SBDC Director and the sponsoring organization. In Dallas County, it is the Dallas County Community College District. The Dallas SBDC conducts research, counsels and trains business people in managing, financing and operating small businesses, providing comprehensive information services and access to experts in a variety of fields. Each SBDC encourages unique local efforts to meet small business needs in its area. SBDCs develop and maintain partnerships among community organizations and agencies: local, state and federal, to provide a focal point for broad networks of public and private resources at the community level. SBDC partnership programs and activities have contributed significantly to economic growth in each state. It is the philosophical approach of the Dallas SBDC to guide and train the client in the areas of assistance required, rather than doing the work for them. Any present or prospective business owner is eligible for SBDC management and technical counseling at no charge. Alan M. Shafer, Chief Operating Officer of IBSG, remarked, �We are pleased to be supporting the Dallas Government Contracting SBDC and the Dallas SBDC initiate a pilot of our powerful business platform for their clients. We expect that the success of this pilot will lead to expansion of the program to other areas within Texas in the near future.� About IBSG International, Inc. IBSG International, Inc. is a holding company for four technology and software subsidiaries: Intelligent Business Systems Group, Inc. (IBSG), a provider of turnkey digital service center software; Secure Blue, Inc., a Sarbanes-Oxley and security software solution provider; Intelligent Business Systems Development (IBSD), a software development, maintenance and data storage company; and A-Division IT, a consultant company focused on development of IT projects for multinational corporations. IBS Group offers enterprise solutions designed to enhance the operating efficiency and create revenue for State Small Business Development Centers, business associations (e.g., business associations) and Fortune 1000 corporations by licensing its unique 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 BizWorldPro�. Secure Blue, Inc. provides a robust economical Sarbanes-Oxley (SOX) compliance and security software suite, Secure Blue SOX Pro. It is targeted at small- and mid-cap public companies as well as private companies requiring SOX compliance to enable them to continue working with public companies. As software providers, system integrators and Application Service Providers, IBS Group, Inc. and Secure Blue, Inc. generate revenue from license sales, system modifications, systems support and a percentage of monthly customer fees. The typical IBS Group/Secure Blue license agreement has a five-year term which is updated on an annual basis. IBS Development, Inc. will provide ongoing support of International�s other subsidiaries, IBS Group and Secure Blue. The company provides development, system support and secure data storage, and will maintain offices in the US and India, where its current offshore development and support team is located. A-Division IT establishes IT projects for various countries around the world and for multinational corporations around the world. A-Division has already introduced and continues to provide demonstrations of the system on a national scale. For multinational corporations, the projects are recognized offset program qualified and provide a required contractual obligation of these corporations. A-Division IT is an offset provider to BAE Systems and maintains relationships with various other multinational corporations. A-Division maintains offices in the United Kingdom. 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 provision of the Private Securities Litigation Reform Act of 1995. The above information does not guarantee any successful closing of new business. No assurances can be given that any projections related to gross revenues or profit margins will be realized. Forward-looking statements involve known and unknown risks and uncertainties that may cause the companies� 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 financings and other risks. Reissuing release to correct ticker symbol in first graph of release, ticker should read (OTC BB: IBIN) (sted: OTC BB: IGII). The corrected release reads: THE DALLAS GOVERNMENT CONTRACTING SBDC AND THE DALLAS SMALL BUSINESS DEVELOPMENT CENTER JOIN TOGETHER IN PILOT OF IBSG'S BIZWORLDPRO DIGITAL COMMERCE PLATFORM FOR DALLAS METRO REGION Dallas Pilot First Launch Within State Of Texas IBSG International, Inc., (the "Company"), (OTC BB: IBIN) is proud to announce today that its subsidiary IBS Group, Inc., (IBSG) reports that the Dallas Government Contracting SBDC and the Dallas Small Business Development Center are joining together to launch a regional pilot of IBSG's BizWorldPro digital commerce platform to provide its expanded services to their clients and other small- to mid-sized (SME) businesses located in the Greater Dallas metropolitan area. Although no assurances can be given, management anticipates that the pilot project is expected to generate $500,000 during the first year of the pilot with a potential of $4.2 million over five years. These revenues will be shared between the participating Dallas Centers and IBSG. The goal of the Dallas Government Contracting SBDC is to help Texas business grow. For the 49-county northeast Texas area, they serve as a liaison between small business and a variety of business organizations all committed to the same objective -- building a solid, long-term relationship that will help Texas companies improve and grow. Whether it's helping identify new government markets or assisting with preparing bid documents, the expert technical assistance the Government Contracting SBDC provides eliminates the red tape and helps clients overcome the challenges they face as a business owner. The Government Contracting SBDC, in coordination with its host organization, the Bill J. Priest Institute for Economic Development, also provides business counseling and training services to the small businesses located in the Business Incubation Center (BIC) at the Institute. The Dallas Small Business Development Center (SBDC) is one of the largest management assistance programs serving the business sector in the Dallas area. Implementation of the program, upon completion of the annual Cooperative Agreement, rests within each SBDC Director and the sponsoring organization. In Dallas County, it is the Dallas County Community College District. The Dallas SBDC conducts research, counsels and trains business people in managing, financing and operating small businesses, providing comprehensive information services and access to experts in a variety of fields. Each SBDC encourages unique local efforts to meet small business needs in its area. SBDCs develop and maintain partnerships among community organizations and agencies: local, state and federal, to provide a focal point for broad networks of public and private resources at the community level. SBDC partnership programs and activities have contributed significantly to economic growth in each state. It is the philosophical approach of the Dallas SBDC to guide and train the client in the areas of assistance required, rather than doing the work for them. Any present or prospective business owner is eligible for SBDC management and technical counseling at no charge. Alan M. Shafer, Chief Operating Officer of IBSG, remarked, "We are pleased to be supporting the Dallas Government Contracting SBDC and the Dallas SBDC initiate a pilot of our powerful business platform for their clients. We expect that the success of this pilot will lead to expansion of the program to other areas within Texas in the near future." About IBSG International, Inc. IBSG International, Inc. is a holding company for four technology and software subsidiaries: Intelligent Business Systems Group, Inc. (IBSG), a provider of turnkey digital service center software; Secure Blue, Inc., a Sarbanes-Oxley and security software solution provider; Intelligent Business Systems Development (IBSD), a software development, maintenance and data storage company; and A-Division IT, a consultant company focused on development of IT projects for multinational corporations. IBS Group offers enterprise solutions designed to enhance the operating efficiency and create revenue for State Small Business Development Centers, business associations (e.g., business associations) and Fortune 1000 corporations by licensing its unique 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 BizWorldPro(C). Secure Blue, Inc. provides a robust economical Sarbanes-Oxley (SOX) compliance and security software suite, Secure Blue SOX Pro. It is targeted at small- and mid-cap public companies as well as private companies requiring SOX compliance to enable them to continue working with public companies. As software providers, system integrators and Application Service Providers, IBS Group, Inc. and Secure Blue, Inc. generate revenue from license sales, system modifications, systems support and a percentage of monthly customer fees. The typical IBS Group/Secure Blue license agreement has a five-year term which is updated on an annual basis. IBS Development, Inc. will provide ongoing support of International's other subsidiaries, IBS Group and Secure Blue. The company provides development, system support and secure data storage, and will maintain offices in the US and India, where its current offshore development and support team is located. A-Division IT establishes IT projects for various countries around the world and for multinational corporations around the world. A-Division has already introduced and continues to provide demonstrations of the system on a national scale. For multinational corporations, the projects are recognized offset program qualified and provide a required contractual obligation of these corporations. A-Division IT is an offset provider to BAE Systems and maintains relationships with various other multinational corporations. A-Division maintains offices in the United Kingdom. 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 provision of the Private Securities Litigation Reform Act of 1995. The above information does not guarantee any successful closing of new business. No assurances can be given that any projections related to gross revenues or profit margins will be realized. Forward-looking statements involve known and unknown risks and uncertainties that may cause the companies' 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 financings and other risks.
IBSG (CE) (USOTC:IBIN)
Historical Stock Chart
From Jul 2024 to Jul 2024 Click Here for more IBSG (CE) Charts.
IBSG (CE) (USOTC:IBIN)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more IBSG (CE) Charts.