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Microcap & Penny Stocks : IBZT - IBiz Technology Corp

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To: Gutterball who started this subject3/18/2004 10:46:23 AM
From: dkgross   of 12
 
Synosphere Expands Intellectual Property Portfolio
March 18, 2004 09:04:00 AM ET

PHOENIX, March 18 /PRNewswire/ -- Synosphere, LLC, a wholly owned subsidiary of iBIZ Technology Corporation (OTC Bulletin Board: IBZT), a developer of innovative PDA technologies, announced today it has filed two new patent applications and two new word marks expanding its intellectual property portfolio.

Both applications are for new and upcoming products, currently in development, that expand the feature set of handheld computers and smart phones. The first application relates to a family of PDA productivity accessories and the second to a unique PDA multimedia accessory. Further details shall be released next quarter.

"These new patent applications shall help protect our future products when they are released to market. Patents, when granted, help create barriers to market entry and product licensing opportunities," said Bryan Scott, CEO of Synosphere. "We are excited about all of our products that are in development and look forward to their future release."

In addition, Synosphere has filed two word marks in order to protect brand identity. One of the word marks is for the Blue Dock (TM), a PDA docking station, currently in development, that allows a PDA to function as a primary computing platform in a desktop environment, without the need for an additional workstation or laptop. Further details regarding the second word mark shall be released next quarter.

About Synosphere, LLC

Synosphere -- a wholly owned subsidiary of iBIZ Technology Corporation www.ibizcorp.com -- is a developer of innovative PDA technologies that expand and enhance the PDA experience. For more information visit www.synosphere.com or contact Synosphere at info@synosphere.com .

Forward-looking statements in this release relating to financing, profits and revenue growth are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties including, without limit, market competition, demand for the Company's products and services, technological change, dependence upon suppliers, and other risks described in the Company's Form 10-KSB for the year ended October 31, 2002.

© 2004 PRNewswire
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