IBSG International to Release Fourth Quarter and Year-End December 31, 2007 Financial Results on March 18, 2008
March 17 2008 - 1:03PM
Business Wire
IBSG International, Inc. (OTC BB: IBIN), a holding company for four
technology and software subsidiaries announced today that it will
release its fourth quarter and year end financial results ended
December 31, 2007 on Tuesday, March 18, 2008 and host a conference
call on Wednesday, March 19, 2008 at 11 a.m. EDT. Management of
IBSG International will discuss the company�s financial results and
achievements. Those who wish to participate in the conference call
may telephone 866-682-6100, from the U.S. or, 201-499-0416 for
international callers, no PIN number is necessary for the live call
but, you must provide the operator with your company name. To
access the digital replay, dial 888-346-3949, from the U.S. or,
404-260-5385 for international callers. When prompted, enter pin
code 174520#, at the second prompt enter choice 4, and at the final
prompt enter confirmation code 20080314176354#. This playback will
be available for 90 days. About IBSG International, Inc.
(www.ibsgi.com) 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 IBSGI - UK, a consultant company focused on
development of IT projects for Governmental bodies and
multinational corporations. IBS Group offers enterprise solutions
designed to enhance the operating efficiency and create revenue for
State Small Business Development Centers, 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, the BizWorld Pro�. Secure Blue, Inc. provides
customers with a robust economical Sarbanes-Oxley (SOX) compliance
and security software suite, Secure Blue SOX Pro. Secure Blue SOX
Pro is targeted at small- and mid-cap public companies, and at
private companies requiring SOX compliance to enable them to work
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.
provides ongoing support to International�s other subsidiaries, IBS
Group and Secure Blue. The company provides development, system
support and secure data storage, and maintains offices in the US
and India, where its current offshore development and support team
is located. IBSGI � UK, based in London, establishes IT projects
for various countries and multi-national corporations around the
world. IBSGI - UK has already introduced the BizWorld Pro platform
to a number of countries, and continues to provide demonstrations
of the system internationally. For multinational corporations, the
projects are normally recognized offset program qualified and
provide a required contractual obligation of these corporations.
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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