NursesSTAT(R) Adds 75 Per Diem Nurses In Early Stages Of Recruitment Drive DEERFIELD BEACH, Fla., Oct. 31 /PRNewswire-FirstCall/ -- South Florida- based iBX Group, Inc. (BULLETIN BOARD: IBXG) today reported an extremely positive outcome from a recent nurse recruitment event hosted by STAT Medical Services, soon to be acquired by iBX's NursesSTAT(R) healthcare staffing division. The open house, which took place Oct. 22, 23 and 24 in Columbus, Ga., is part of an aggressive recruitment campaign to help draw additional qualified personnel to the 15-year-old medical staffing and employee leasing company. Earlier this month, iBX increased revenue guidance for NursesSTAT(R) from $5 million to $6 million during the next 12 months to reflect several profitable developments within the division. "We're very pleased about the results of this event, which brought in approximately 150 registered nurses and licensed practical nurses," said Brian Virgo, Managing Director for NursesSTAT(R). "We've already approved applications for about 75 nurses, and we're continuing to receive several more applications every day. Several of the nurses we made contact with last week are already working on a per diem basis at healthcare facilities in the area. In addition, we recently finalized contracts to provide staffing services at several Georgia hospitals." STAT Medical Services, which has contracts at more than 35 healthcare facilities across the southeastern United States, has also launched an aggressive direct-mail marketing campaign targeting up to 10,000 nurses in west Georgia and east Alabama. The company currently has more than 2,000 registered nurses, licensed practical nurses, certified nursing assistants and allied health professionals in its database and handles an average of 300 shift requests a week from large hospitals and long-term care facilities, as well as private individuals. In recent years, an average 10 percent vacancy rate for nursing positions has forced hospitals to rely on temporary staffing agencies to fill shifts. By 2000, the per diem staffing industry had grown to a $4 billion-a-year business. "At NursesSTAT(R), we work to develop technological and administrative solutions that help hospitals meet their staffing needs more efficiently and cost-effectively," Virgo said. "We've experienced a huge upsurge in interest for our services as hospitals become aware of the cost savings we can provide. Another big selling point is our unique e-learning program that allows nurses to train on our staffing software anytime their schedules allow." NursesSTAT(R) recently extended its contract to provide staffing administration services at a prominent south Florida hospital district's four facilities and is negotiating contracts with several hospital districts across the country. Based in Deerfield Beach, Florida, iBX Group, Inc. develops and deploys creative, cost-effective methods for integrating financial, administrative and information services for the healthcare industry. iBX is a results-oriented company, consisting of five divisions -- iBX Technologies, which enables healthcare organizations to maximize their accounts receivables; Florida HealthSource, a network of physical therapy and wellness centers; MediCompliant Solutions, which ensures medical practices' compliance with today's complex legal requirements; iBX Transcription Services, which offers physicians quick turn-around and Web-accessible progress reports; NursesSTAT, a revolutionary temporary staffing solution; SportshealthNet.com and TheNetDigest.com, interactive Web portals providing patients with comprehensive healthcare information and advice, and increasing physician referrals. Media Relations Contact: Andrew M. Rose, 954-428-2678 or This release is comprised of interrelated information that must be interpreted in the context of all of the information provided and care should be exercised not to consider portions of this release out of context. This release contains certain "forward-looking statements and information" (as defined in the Private Securities Litigation Reform Act of 1995) concerning iBX Group, Inc. that are based on the beliefs of iBX Group, Inc.'s management, as well as assumptions made by and information currently available to iBX Group, Inc. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including those risks and uncertainties detailed in iBX's filings with the Securities and Exchange Commission. DATASOURCE: iBX Group, Inc. CONTACT: Andrew M. Rose of Marketing Ink, +1-954-428-2678, or , for iBX Group, Inc.

Copyright