Statement from CEO of Integrated Bio-Energy Resources, Inc.

NEW YORK, Feb. 11  /PRNewswire-FirstCall/ -- Mr. Bernard Bernstein, President and C.E.O., and the Board of Integrated Bio-Energy Resources Inc. (Pink Sheets: IBIE) having completed their due diligence as it pertains to the definitive agreement relating to their strategic interests in the mining of gold and copper production and sales, have set March 15, 2009 as the effective date of the acquisition as previously reported. The share exchange will be preferred only, with no additional common stock issued by IBIE.

The commencement of gold, copper and mining production substantiates advancement of IBIE`s mining interests; in that Minpro, a South African mining company, has entered into a performance based joint venture agreement which will result in it becoming the operator and developer of the company's gold, copper and mineral assets in the Panguna region of Bougainville, Papua New Guinea. Minpro is a major shareholder in Northam Chrome Pty currently operating several mines in South Africa and Zimbabwe, including the Merensky platinum mine, one of the largest in Africa.

The Board of Directors will seek to increase its stake in the Panguna region copper and gold mining assets.  Valuation of proven mineral reserves has been estimated at 30 billion USD.

A strong S.E. Asia funding partner for 150 Million USD representing the first phase of operations is currently in final negotiations.  Additional negotiations which will enhance the Bio-Energy farming and production interests of IBIE should be concluded by February 28, 2009 placing IBIE in a strong financial position. These developments will serve to put into place the changes required by the chairman designate Michael Reynolds for the strengthening of the management team. This release is intended to provide information only and not to value the shares of the company.

Safe Harbor 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 of 1995. 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. 

DATASOURCE: Integrated Bio-Energy Resources, Inc.



CONTACT:  Bernard Bernstein of Integrated Bio-Energy Resources, Inc.,

[phone]

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