CORRECTING and REPLACING The Dallas Government Contracting SBDC and the Dallas Small Business Development Center Join Together i
December 04 2006 - 10:08AM
Business Wire
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.
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