ADDING MULTIMEDIA World Bank and IBSG Launch Health Business World (HBW) Gateway for Small- and Medium-Size Health Care Business.Company Projects $500,000 Monthly in Revenue from Project Sector Spending is $150 Billion Annually CELEBRATION, Fla. -- IBSG IBSG Internet Business Solutions Group IBSG Internetwork Broadcast Sub-Group (ATM Forum, MPOA SWG) International, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: IGII IGII Islamic Government Investment Issue (Malaysian securities) ) announced today a launch with the World Bank's new Health Business World gateway. The Company's subsidiary, IBS IBS Irritable bowel syndrome, see there Group's BizWorldPro[c] will function as the transactional platform for the support of Small- and Mid-size Enterprises (SMEs) and create an investment management platform for investors worldwide. Although no assurances can be given and based on assumptions made on past performances of similar projects, management projects that the project will generate approximately $500,000 per month once full implementation is achieved over the next 6 months. Figures are based on 30% penetration into the market at the monthly minimal rates charged per SME (1) (Small and Medium-sized Enterprise) See SMB. (2) (Subject Matter Expert) An individual who is well-versed in the policies and procedures of a particular department or division. to date. The World Bank estimates that health care markets in Africa represent over US $150 billion annually. Eighty percent of all health spending in the developing economies of the world is spent on this sprawling global cottage industry cottage industry: see sweating system. . Health Care SMEs make up approximately 15% of all SMEs in Africa, well over 1 million SMEs. Most are run by sole proprietors or small groups of doctors, pharmacists, dentists and allied health professionals. Few have formal training in running a business, yet all understand that staff must be paid, keeping a supply of medicines on hand requires a cash flow and money left over at the end of the day can be reinvested in doing a better job tomorrow. They all need better tools to manage their business and to have access to investors. The Company's BizWorld Pro System will provide the tools, business management structure, internet commerce capability and investor exposure. "Private health care often serves as the lifeline for people in countries where publicly funded and government run health services health services Managed care The benefits covered under a health contract reach only a small part of the population," said Alexander Preker, Lead Economist at the World Bank and Editor in Chief of its Health Publications. "Integrated business solutions, such as those provided by IBSG's BizWorld, are now possible even in the poorest settings. They bring the benefits of western technology to small businesses in the developing world. As result of the success IBSG International has had, we have invited Dr. Rivers to be part of the World Bank preparation team to Ghana to evaluate the SME health care providers and putting in a centralized billing system which could be rolled out to other emerging nations." "We and other project partners are very excited about the possibility of reaching out to a wider audience in the health sector through the Health Business World gateway," said Dr. Michael Rivers, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of IBSG International. "Our integrated business products are priced to be affordable to small business people, including emerging economies. In addition to giving small healthcare entrepreneurs access to essential business tools, the gateway also provides a virtual market space for investors to identify privately owned or publicly traded companies publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. that are seeking capital. Having established our system with success in South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa. ," said Rivers, "we are ready to expand to other emerging countries' economies that can benefit from the platform." He added, "By year's end, we project we will have the platform populated with Health Care providers from Nigeria, South Africa and Kenya. The portal will provide the framework to get SME Health Care providers structured and on the Internet. By the end of the year, the HBW HBW Handbook of the Birds of the World HBW Home Buyers Warranty HBW Hebrew HBW High-Bay Warehouse HBW Hardcore Backyard Wrestling HBW Half-Band Width HBW Happy Bokeh Wednesday (Flickr slang) HBW Hobowars gateway will be able to locate health care providers in Africa for investment opportunities whether they are private or public. It will aid doctors in remote areas of Africa to use the PDA/cell phone system access features to select the services they are providing for billing which will provide a system for reimbursement from insurance companies and government." 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 IBSD ion beam sputter deposition IBSD Integrated Business Systems Division (Cannon) IBSD Ion Backscatter Diffraction ), 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 (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business , e-commerce, government to business and enterprise business services) on a single platform known as the BizWorldPro([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 is an offset provider to BAE Systems BAE Systems British manufacturer of aircraft, missiles, avionics, naval vessels, and other aerospace and defense products. BAE Systems was formed (1999) from the merger of British Aerospace (BAe) with Marconi Electronic Systems. and maintains relationships with various other multinational corporations. A-Division maintains offices in the United Kingdom. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. 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 The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion