IBSG International Announces First European Project: Hungary Provides Approval to Purchase License for Trade Platform BizWorld P

  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 Hungarian 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$7.7
million over 4 years and the total possible projected subscribers over 5
million.

Eszter Rumbold-Molnar, First Secretary 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 platform's such as BizWorld is essential to ensure continued growth in this vital sector."

Dr. Michael Rivers, CEO of IBSG International, said, "We are honored to be included by Hungary's government as part of the nation's trade strategy. This latest contract demonstrates how we are achieving expansion throughout the world. Most countries have already been focused on trade acceleration and competitiveness within the SME sectors. Procurement and open bid opportunities for government contracts has also received equal attention. Our platform provides the long term strategic tools for trade growth and acceleration. We look forward to working with the Hungarian Government and its neighbors in the future."

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.

Contact: IBSG INTERNATIONAL, INC. [phone]