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IBSG International Prepares for First $500,000 United Kingdom Project.


CELEBRATION, Fla. -- IBSG IBSG Internet Business Solutions Group
IBSG Internetwork Broadcast Sub-Group (ATM Forum, MPOA SWG) 
 International, Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:IGII IGII Islamic Government Investment Issue (Malaysian securities) ) (the "Company") is pleased to announce that it is developing its first project in the United Kingdom projected to generate $500,000 in the first year of implementation with projected revenues of over $4.5 million over a five year contract. The project provides for the implementation of the digital commerce platform of IBS IBS Irritable bowel syndrome, see there  Group, Inc. (a subsidiary of IBSG International) with CENTA CENTA Centro Nacional de Tecnologia Agropecuaria (Mexico) , one of the United Kingdom's (UK) leading small-mid size business development agencies. The platform can provide a tremendous technology solution to enhance CENTA's business development services while providing growth opportunities to the businesses they serve. Additionally, the project will assist with generating revenues in excess of 1 million pounds sterling (UD) in year one for CENTA which can be utilized to provide a myriad of value added Value Added

The enhancement a company gives its product or service before offering the product to customers.

Notes:
This can either increase the products price or value.
 services through the platform to expand the business development services of CENTA.

CENTA, the Central London The term Central London refers to the districts of London which are considered closest to the centre. There is no such conventional definition, nor any official one, for the entire area that can be called "central London".  Development Agency, is based in the UK and has annual revenues over 2 million UD (Sterling). The operation assists with the development of emerging businesses in the UK. CENTA's 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.  Ms. Jane Howden and her management team recently participated in a full on-line demonstration of the innovative commercial digital solution developed by IBSG, Inc. Ms. Howden stated: "This is an exciting platform with numerous innovations to facilitate the success of the emerging business. The system can provide substantial benefits to CENTA and the businesses we serve." Ms. Howden is also Chairmen of the Capital Enterprise Agency, a body that advises UK government and local business development agencies.

CENTA is one of several agencies in the UK dedicated to the development of small to mid size businesses in the UK and Europe. These agencies are very similar in mission to the US Small Business Development Center markets that IBSG continues to gain success in. The United Kingdom has committed over 750,000 pounds Sterling (approx. $1.2 billion US) to the growth of the small to mid size business community and the enhancements of the Internet infrastructure. CENTA has been serving the small to mid size business community for over 20 years with nearly 8,000 businesses accessing their services. In 2003, CENTA served over 2,000 entrepreneurs and established over 200 businesses. IBSG International had not projected to secure any business in the UK in 2004. "I am very pleased with the terrific job our UK team is doing and the opportunity to work with such a strong agency like CENTA," stated Dr. Michael Rivers, CEO of IBSG International.

Most European countries are currently struggling with how to provide Internet capability to their business communities in an effort to strengthen the Euro position on the world market. The need to create a competitive playing field for the European business community is reflective in the federal budgets of several countries. IBSG's innovative digital commerce platform will provide the business advantages emerging euro businesses are lacking and bring them on the world markets.

About IBSG International, Inc.:

The IBSG International acquired IBSG, Inc. in February 2004. IBSG, Inc. took over the management of assets of Commerce, Inc., which commenced business in 1997 selling workforce solutions, and now offers enterprise solutions that greatly 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 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 NetPool Data System (copyrighted).

The Company acquired the assets of a security software company from the U.K. and created a subsidiary called Secure Blue, Inc. in June of 2004. Secure Blue will provide Sarbanes-Oxley security software and system analysis software to the IBSG markets, as well as provide such software and system analysis directly to its independent customer base.

As software providers, system integrators and Application Service Providers, IBSG, Inc. and Secure Blue, Inc. generate their revenue from license sales, system modifications, 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 in·var·i·a·ble  
adj.
Not changing or subject to change; constant.



in·vari·a·bil
 renewed upon expiration EXPIRATION. Cessation; end. As, the expiration of, a lease, of a contract, or statute.
     2. In general, the expiration of a contract puts an end to all the engagements of the parties, except to those which arise from the non- fulfillment of obligations created
 (to date the Company has had only one licensee licensee n. a person given a license by government or under private agreement. (See: license, licensor)


LICENSEE. One to whom a license has been given. 1 M. Q. & S. 699 n.
 not renew, due to the expiration of the licensee's contract with their client).

FORWARD LOOKING STATEMENTS:

Statements about the Company's future expectations, including future revenues and earnings, such contract execution and future revenues, and all other statements in this press release other than historical facts are "forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 or estimates" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as the term is defined in the Private Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called litigation.
 Reform Act of 1995. Ms. Howden's quote is provided with written authorization of Ms. Howden but is not intended as a guarantee of a contractual relationship with IBSG International or any of its subsidiaries. The Company's actual results could differ materially from expected results. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances. Should events occur which materially affect any comments made within this press release, the Company will appropriately inform the public.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 6, 2004
Words:882
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