Connecticut Small Business Development Center Network Launching Online Business Community Project; Expected to Generate Over $10 Million Revenue Shared Between IBSG and CSBDC.

CELEBRATION, Fla. -- IBSG International, Inc., (the "Company"), (OTCBB:IGII) reports that its subsidiary, IBS Group, Inc. is pleased to announce that the State of Connecticut Small Business Development Center (CSBDC) is preparing to launch the implementation of the Company's subsidiary IBS Group's (IBSG) digital management solution for use within the state's SBDC network. The projected revenues for this five (5) year project are $10,000,000. No assurances can be given that such revenues will be achieved. E[acute accent]The CSBDC will be branding the new system as the Connecticut Small Business Opportunity Center and will coincide with the launch of their new state SBDC website and new service offerings this spring. The project will be formally announced in mid-March to the SBDC organization and to other state economic development organizations who will also be participating. E[acute accent]The Connecticut Small Business Development Center Network operates in partnership with the University of Connecticut, the State of Connecticut, the United States Small Business Administration, and the private sector. The CSBDC's mission is to assist in the creation and growth of small businesses in Connecticut. The CSBDC provides one-on-one confidential business management counseling in all aspects of starting or growing a business. The CSBDC also conducts small business training and educational workshops throughout the state. CSBDC operates from 11 regional offices and their state headquarters located on the main campus of the University of Connecticut in Storrs. E[acute accent]Richard Cheney, Interim State Director of the Connecticut Small Business Development Center Network, stated, "We have been repositioning our presence within the state university system and the state small business community over the past year, and we are now ready to launch our powerful new website and online Business Opportunity Center for the benefit of our state economy. We welcome the involvement and support of IBSG in this extremely important project." E[acute accent]"We are pleased that our BizWorldPro digital service center platform will be the mainstay of the Connecticut Business Opportunity Project," said Alan M. Shafer, CEO of ISBG, "and we will be fully supporting their efforts in launching and promoting the project to the 90,000 companies that make up the business community of Connecticut."

E[acute accent]About IBSG International, Inc.

E[acute accent]IBSG International, Inc. is a holding company for three software subsidiaries: Intelligent Business Systems Group, Inc. (IBSG), a provider of turn-key digital service center software; Secure Blue, Inc., a Sarbanes-Oxley and security software solution provider; and Intelligent Business Systems Development (IBSD), a software development, maintenance and data storage company. E[acute accent]IBSG offers enterprise solutions designed to enhance the operating efficiency and create revenue for State Small Business Development Centers, business associations (e.g., Chambers of Commerce) and Fortune 1000 corporations through the licensing of its unique turn-key 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 BizWorldPro(C). E[acute accent]The Company also has a majority interest in a Joint Venture begun in January 2005 with The Knowledge Institute of New Hampshire to bring out a complementary product called myVBI(C), which utilizes BizWorldPro as its core and provides over 1,000 small business services supporting the concept of a virtual business incubator. E[acute accent]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. E[acute accent]As software providers, system integrators and Application Service Provider, IBSG, Inc. and Secure Blue, Inc. generate their revenue from license sales, system modifications, and system support and a percentage of monthly customer fees. The typical IBSG/Secure Blue license agreement has a five-year term, but, being updated on an annual basis, is almost invariably renewed upon expiration (to date the Company has had only one licensee not renew, due to the expiration of the licensee's contract with their client). E[acute accent]IBSD, Inc. will provide on-going support of International's other subsidiaries, IBS Group and Secure Blue. The Company provides development, system support and secure data storage. The Company will maintain offices in the US as well as India and possibly Romania where current offshore development teams are located.

E[acute accent]Safe Harbor Forward-Looking Statements

E[acute accent]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.