AceOptics.com to Produce New Collegiate Eyewear Line.Business Editors MEMPHIS Memphis, city, ancient Egypt Memphis (mĕm`fĭs), ancient city of Egypt, capital of the Old Kingdom (c.3100–c.2258 B.C.), at the apex of the Nile delta and 12 mi (18 km) from Cairo. , Tenn.--(BUSINESS WIRE)--May 30, 2002 AceOptics.com Inc. (www.aceoptics.com) a subsidiary of Internet Business International Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :IBII) today announced they are beginning production of a new line of collegiate eyewear, extending their optics value chain to include manufacturing. Wade Whitley, president of AceOptics.com, said: "Manufacturing our own eyewear allows us to be much more responsive to the needs of the market place, in addition to opening the door for a completely untapped market for us. We have lined up several national and regional chains to retail the new Collegiate Eyewear line in addition to our online retail efforts." About IBUI Internet Business International (www.ibui.net) conducts business over the Internet through its operating divisions: Internet Access See how to access the Internet. , 2xAccess (www.2xaccess.com) (wireless high speed Internet and data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. for business and consumers, dial-up access hot Dial-up access is a form of Internet access via telephone line. The client uses a modem connected to a computer and a telephone line to dial into an Internet service provider's (ISP) node to establish a modem-to-modem link, which is then routed to the Internet. , Web design and hosting services), Lending On Line (www.gcapgp.com) (real estate loans and equipment leasing), E Commerce (www.aceoptics.com) and Direct Marketing (www.1st2mart.com). IBUI has six U.S. and one European office and more than 40 employees worldwide. For additional information, contact IBUI Investor Relations Investor relations The process by which the corporation communicates with its investors. toll-free: 866/441-8901 or via e-mail: info@ibui.net. 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. Statement Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Acts of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. |
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