FOR IMMEDIATE RELEASE Integrated Business Systems & Services, Inc. Files for NASDAQ Listing
Columbia, SC -March 23, 2000- Integrated Business Systems & Services, Inc. (IBSS) (OTCBB:IBSS), announced today it has applied to The Nasdaq Stock Market, Inc. for inclusion of its common stock on the Nasdaq National Market. The Company has been informed that the review process for the listing application should take up to four to six weeks.
IBSS' CEO and President, Harry Langley said, "We believe Nasdaq can provide greater global exposure for IBSS. Now that IBSS is qualified, we are especially pleased to be able to transition to Nasdaq at a time when there is great interest in the e-business market, our company's primary focus. The bulletin board stocks present certain restrictions. By moving to NASDAQ, these limitations will be removed and take IBSS to the next step for our shareholders."
About IBSS IBSS provides computer technology products and services to manufacturers and other industries that require business-to-business on-line transaction processing products throughout the country. For more information about IBSS' products and services, call 800-553-1038 or visit www.ibss.net.
Except for the historical information herein, the matters discussed in this news release include forward-looking statements that may involve a number of risks and uncertainties. Actual results may vary significantly based on a number of factors, including, but not limited to, risks in product and technology development and integration, market acceptance of new products and continuing product demand, the impact of competitive products and pricing, changing economic conditions and other risk factors detailed in the Company's most recent annual report and other filings with the Securities and Exchange Commission.
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