The Dallas Government Contracting SBDC and The Dallas Small Business Development Center Complete Design of the Dallas Business R
April 12 2007 - 8:55AM
Business Wire
IBSG International, Inc., (the �Company�), (OTCBB:IBIN) is proud to
announce today that its subsidiary IBS Group, Inc., (IBSG) reports
that the Dallas Metro Regional Digital Commerce Network sponsored
by the North Texas Government Contracting SBDC and the Dallas Small
Business Development Center has completed the design phase of its
implementation and is ready to launch to the area�s estimated
130,000 small and mid-sized (SME) business community. Newly named
the Dallas Business Resource (DBR) Network, the DBR will provide
web-based tools in the areas of e-commerce, accounting,
procurement, mentoring, and knowledge building. Linked with the
area�s SBDC offices, subscribers to the DBR network will also have
the ability to communicate directly with small business counselors
to help them grow and sustain their businesses into the 21st
century. Although no assurances can be given, management
anticipates that the Dallas pilot project is expected to generate a
gross, before distributions and expenses, of $500,000 during the
first year of the pilot with a potential gross of $4.2 million over
five years. 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 also provides business counseling and training
services to the small businesses located in the Dallas Business
Incubation Center. The Dallas Small Business Development Center
(SBDC) is one of the largest management assistance programs serving
the business sector in the Dallas area. 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 also 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. 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: �The Dallas project is
moving along very well and we are pleased by the enthusiasm we are
seeing from the DBR project team. The next phase of the
implementation will be to invite businesses of all sizes from the
Dallas Metro area to participate in the project to help bolster the
Dallas SME presence throughout the state and across the worldwide
web.� 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 off set 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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