IBSG International to Release First Quarter 2007 Financial Results and Host Conference Call on May 15, 2007
May 11 2007 - 9:48AM
Business Wire
IBSG International, Inc. (OTC BB: IBIN), a holding company for four
technology and software subsidiaries, will release its financial
results for the first quarter ended March 31, 2007 on Tuesday, May
15, 2007 and host a conference the same day. Management of IBSG
International will host the conference call at 2 p.m. EDT to
discuss the company�s financial results and achievements. Those who
wish to participate in the conference call may telephone
888-335-6674, from the U.S. or, 973-935-2100 for international
callers, PIN # 8795135 approximately 15 minutes before the call. A
digital replay will be available by telephone for two weeks and may
be accessed by dialing 877-519-4471 from the U.S. or, 973-341-3080
for international callers, and entering PIN # 8795135. 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.
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