IBSG International Announces Contract Approval With Romania's Ministry of Commercial and Economic Affairs

  IBSG International, Inc. (OTCBB: IBIN), a
holding company for four technology and software subsidiaries, announced
today that its BizWorld Pro© digital commerce platform has been selected
by the Finland's Ministry of Economic Affairs to serve as the digital
commerce service center for its small-, micro- and mid-size enterprise
[SME] development program.  The value of the license is approximately
US$5.8 million over 4 years and the total possible projected subscribers
over 4 million.

Mauri Pekkarinen, Minister of Economic Affairs, said, "We strongly believe that the SME sector is the key to Finland's future commercial growth. Offering a fully integrated platform that will assist SMEs to be more competitive on the international market has been a goal of the government. To be able to provide the foundation, through the BizWorld Pro platform, ensures long term success. The European Union (EU) has allocated over E26BB specifically for this purpose. With global markets facing significant challenges the need to implement platforms such as BizWorld is essential to ensure continued growth in this vital sector.

Tarja Cronberg, Minister of Labour, stated a growing economy is measured by the productivity of its people. The SME sector represents the largest employment opportunity sector in ours or any national economy. A platform that can accelerate growth in the SME market and subsequently enhance the employment opportunities of many is exactly the solution we need as a nation. We are very excited to be part of this initiative.

Dr. Michael Rivers, CEO of IBSG International, said, "This is our second European project announced and we hope for continued growth for success. The Romanian government is another excellent example of the direction countries are going. The continued selection of our platform should provide proof that we are in front of the curve on integrated digital commerce solutions worldwide."

About IBSG International, Inc. (www.ibsgi.com)

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), a software development, maintenance and data storage company; and IBSGI - UK, a consultant company focused on development of IT projects for Governmental bodies and 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, e-commerce, government to business and enterprise business services) on a single platform known as the BizWorldPro©.

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.

IBSGI - UK establishes IT projects for various countries and multi-national corporations around the world. IBSGI - UK has already introduced the BizWorldPro platform to a number of countries and continues to provide demonstrations of the system on an international scale. For multinational corporations, the projects are normally recognized offset program qualified and provide a required contractual obligation of these corporations. IBSGI - UK maintains relationships with various multinational corporations and operates from centrally located offices in London.

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. 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.

IBSG INTERNATIONAL, INC. [phone]