IBSG'S Texas-Based Project with the Southwest Biz Resources, Inc.'s Worldwide Web-Based Economic Development Platform Expands

  
    
  
  
    
      IBSG International, Inc. subsidiary, IBS Group, (the "Company"), (OTC 
      BB:IBIN) announced today that its Dallas based project, Southwest Biz 
      Resources Inc. (SBR), has expanded the project with the addition of 
      Community TV Networks and River Pointe Media Services as 4 year 
      satellite license holders.
    
    
      Both of these organizations not only expand the Texas market but have 
      international expansion opportunities as well bringing international 
      business opportunities, through established relationships, to Texas 
      SMEs. These organizations combine to increase the potential Small to 
      Mid-size Enterprises (SMEs) subscriber base by another 60,000 over the 
      next 12 months. IBSG’s BizWorldPro forms the 
      e-commerce backbone of SBR Inc.’s unique 
      online business network for new and existing businesses in Texas. 
      Management of both firms believe that the state of Texas alone, with its 
      estimated 321,000 small business population, is expected, but cannot 
      guarantee, to generate nearly $6 million in additional revenues. The 
      value of the first year licensing fees are estimated at $50,000 for year 
      one.
    
    
      According to Miki Kitamura, Business Resource Public Liaison of 
      Southwest Biz Resource, Inc., “We are very 
      excited at the continued expansion of our project. Texas is ready for an 
      aggressive growth of the small-mid size business community. Community TV 
      Networks has service relationships with business 
      associations in 11 countries to offer digital business services and a 
      conduit to the Texas SME markets with a particular focus on Indonesia. 
      River Pointe Media Services is providing digital business services to 
      veterans and people with disabilities. This organization maintains 
      relationships with similar organizations not only in Texas but other 
      states in the US and is targeting expansion into Europe and Asia.
    
    
      "The SBR will continue to expand the project until the benefits of the 
      platform, under the SBR project, is the core digital commerce center for 
      the state of Texas. We continue to see tremendous interest in the 
      platform from various business organizations around the state. We also 
      see the platform as a vital addition to the procurement processes of all 
      levels of government through their Bid Management functions. The 
      platform is a perfect fit for centralizing procurement and providing the 
      mandated opportunity to small to mid size businesses in the state.”
    
    
      Ms. Kimberly Neubauer, COO of IBS Group stated, “As 
      a career entrepreneur who developed a successful business for over 20 
      years, the projects we are developing domestically will eventually 
      expand into the single largest SME market in the world here in the 
      states. Our online Southwest Biz Resource project continues to be 
      positioned as vitally important to the state’s 
      SME revitalization initiatives. The continued expansion with additional 
      license holders demonstrates the expansion capabilities of the BizWorld 
      Pro platform which provide the business communities SBR serves a 
      powerful advantage in competing in today’s 
      highly-technological marketplace.” The 
      management of Southwest Biz Resource, Inc. has over 50 years of 
      successful small business experience, and the ties they have with 
      various state and other government agencies. The Texas Department of 
      Transportation (TxDOT), as an example, issued over $200 million in 
      Requests For Proposals (RFP) in 2006 according to its annual report.”
    
    
      Michael Rivers, CEO of IBSG said, “While the 
      scale of a state project does not compare to an entire country as a 
      federal initiative, our domestic projects follow the same model and 
      continue to expand. These projects are a key part of our domestic 
      strategy in the U.S. As one of the biggest states both by area and 
      population and generating a significant portion of America’s 
      GDP, Texas is one of the lynchpins of our domestic business strategy. 
      Teaming up with Southwest Biz Resource, Inc. is demonstrating that the 
      demand for business tools and procurement standardization and will 
      assist us in meeting our future revenue goals in 2008 and beyond.” 
      For the first quarter 2008, the Company recognized revenues were 
      approximately $4.7 million, a 58% increase over the $3.0 million in 
      first quarter 2008. The Company had a net income for the three months 
      ended March 31 2008 of $1.13 million, or $0.12 per fully diluted share.
    
    
      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.