IBSGI's BizWorld Pro Digital Commerce Platform Selected by South Africa's Business Place Centre to Add 20,000 SME Subscribers
December 06 2006 - 8:00AM
Business Wire
IBSG International, Inc., (the �Company�), (OTC BB: IBIN) is proud
to announce today that its subsidiary IBSGI South Africa,
(IBSGI-SA) reports that The Business Place Centre has selected
IBSG�s BizWorld Pro digital commerce platform to enhance and
support the approximately 20,000 small- to mid-sized enterprises
(SMEs) they service each year. This digital e-commerce network will
be rolled out by The Business Place flagship centre in Johannesburg
and is expected to launch in January 2007. Although no assurances
can be given, management anticipates that this initiative is
expected to generate $3.7 million in revenues to be shared between
The Business Place and IBSGI-SA over the life of the four-year
agreement, with approximately $800,000 realized in revenues during
the first 12 months of operation, with 60% going to IBSG. The
Business Place is an online matchmaking service connecting
investors looking for a business for sale and vendors trying to
sell a business, as well as brokers, banks, venture capital firms
and other business suppliers. As a national business innovator, The
Business Place is leading the way in entrepreneurial business
development across the business community thereby strengthening the
country�s economic well being. Working at the grass roots, with
local stakeholder participation, to stimulate the local business
environment, The Business Place offers emerging small- and
medium-sized businesses a one-stop centre for a multitude of
business services. �The use of IBSG�s BizWorld Pro digital
e-commerce platform is a continuing evolution and enhancement of
the services provided by The Business Place Centre of
Johannesburg,�says Managing Director Marcel Newsome. �We are
extremely excited about being able to offer our clients a digital
technology that provides the business tools necessary to develop,
grow, and sustain their business. With the incorporation of the
BIzWorld Pro system to The Business Place�s available services, our
national network will contain a powerful and easy to use digital
commerce component specifically designed to support small
businesses. This value-added component will enable not only current
clients but future or non-clients to avail themselves of this
platform anywhere in the country.� Dr. Michael Rivers, Chief
Executive Officer of IBSG, stated that �with the addition of The
Business Place Centre of Johannesburg, the South Africa Initiative
continues to gain momentum and expand across the South African
business community. We are extremely confident that the BizWorld
Pro digital platform will meet the needs of The Business Place
clients. It is extremely rewarding to be able to offer the BizWorld
Pro system as part of their national platform to assist their
clients develop, sustain and grow their businesses.� Rivers will
expand on this transaction as well as on other facets of IBSG�s
business today at 1:00 P.M. Eastern Standard Time on XM radio�s
�Market News First.� Log on to www.MN1.com today at 1:00 P.M. EST
(12 noon Central) and join in the conversation with Dr. Michael
Rivers CEO and the Market News First online radio team. About The
Business Place The Business Place is a website about money, who has
it, who needs it, where to find it and how to spend it. The
Business Place is a matchmaker that allows users to search for
sources of financing, businesses and business services for small-
to mid-sized companies. About MN1.com Market News First is an
online market news provider which brings investors current up to
speed news on the market. Market News First is the only online live
radio web site that brings real market news to investors and
features live interaction with companies from the Bulletin Board to
NYSE. Through daily live pressers we bring you up to date on all
the established companies and inform the investors of the newest
opportunities within the market. Market News First�s one on one
interviews with the Presidents and CFOs of companies, broadcasted
on our website, delivers answers to the questions that investors
would ask and provides them insight into the companies� present
condition and future plans. 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 BizWorld Pro�. 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 off-set
program qualified and provide a required contractual obligation of
these corporations. A-Division IT through its associations 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 International, Inc., (the "Company"), (OTC
BB: IBIN) is proud to announce today that its subsidiary IBSGI
South Africa, (IBSGI-SA) reports that The Business Place Centre has
selected IBSG's BizWorld Pro digital commerce platform to enhance
and support the approximately 20,000 small- to mid-sized
enterprises (SMEs) they service each year. This digital e-commerce
network will be rolled out by The Business Place flagship centre in
Johannesburg and is expected to launch in January 2007. Although no
assurances can be given, management anticipates that this
initiative is expected to generate $3.7 million in revenues to be
shared between The Business Place and IBSGI-SA over the life of the
four-year agreement, with approximately $800,000 realized in
revenues during the first 12 months of operation, with 60% going to
IBSG. The Business Place is an online matchmaking service
connecting investors looking for a business for sale and vendors
trying to sell a business, as well as brokers, banks, venture
capital firms and other business suppliers. As a national business
innovator, The Business Place is leading the way in entrepreneurial
business development across the business community thereby
strengthening the country's economic well being. Working at the
grass roots, with local stakeholder participation, to stimulate the
local business environment, The Business Place offers emerging
small- and medium-sized businesses a one-stop centre for a
multitude of business services. "The use of IBSG's BizWorld Pro
digital e-commerce platform is a continuing evolution and
enhancement of the services provided by The Business Place Centre
of Johannesburg,"says Managing Director Marcel Newsome. "We are
extremely excited about being able to offer our clients a digital
technology that provides the business tools necessary to develop,
grow, and sustain their business. With the incorporation of the
BIzWorld Pro system to The Business Place's available services, our
national network will contain a powerful and easy to use digital
commerce component specifically designed to support small
businesses. This value-added component will enable not only current
clients but future or non-clients to avail themselves of this
platform anywhere in the country." Dr. Michael Rivers, Chief
Executive Officer of IBSG, stated that "with the addition of The
Business Place Centre of Johannesburg, the South Africa Initiative
continues to gain momentum and expand across the South African
business community. We are extremely confident that the BizWorld
Pro digital platform will meet the needs of The Business Place
clients. It is extremely rewarding to be able to offer the BizWorld
Pro system as part of their national platform to assist their
clients develop, sustain and grow their businesses." Rivers will
expand on this transaction as well as on other facets of IBSG's
business today at 1:00 P.M. Eastern Standard Time on XM radio's
"Market News First." Log on to www.MN1.com today at 1:00 P.M. EST
(12 noon Central) and join in the conversation with Dr. Michael
Rivers CEO and the Market News First online radio team. About The
Business Place The Business Place is a website about money, who has
it, who needs it, where to find it and how to spend it. The
Business Place is a matchmaker that allows users to search for
sources of financing, businesses and business services for small-
to mid-sized companies. About MN1.com Market News First is an
online market news provider which brings investors current up to
speed news on the market. Market News First is the only online live
radio web site that brings real market news to investors and
features live interaction with companies from the Bulletin Board to
NYSE. Through daily live pressers we bring you up to date on all
the established companies and inform the investors of the newest
opportunities within the market. Market News First's one on one
interviews with the Presidents and CFOs of companies, broadcasted
on our website, delivers answers to the questions that investors
would ask and provides them insight into the companies' present
condition and future plans. 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 BizWorld Pro(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 off-set
program qualified and provide a required contractual obligation of
these corporations. A-Division IT through its associations 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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