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Technology Stocks : Roaring Internet Stocks
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To: CPM who wrote (44)11/27/1998 12:00:00 PM
From: GARY P GROBBEL  Read Replies (1) of 1530
 
Take a look at IBNL...trades at .81/.87 on the OTC BB:

Los Angeles Area Chamber of Commerce to Distribute
Virtual SOURCE Publisher

VENTURA, Calif.--(BUSINESS WIRE)--Oct. 19, 1998--Interactive Buyers Network International Ltd. (OTC BB:IBNL -
news) announced today that the Los Angeles Area Chamber of Commerce, serving the five counties of Los Angeles, Orange,
Riverside, San Bernardino and Ventura, will advocate and distribute the company's Virtual SOURCE(tm) Publisher (''VSP'')
to its 2,000 members for use as an Internet tool for small business and an Intranet tool for large companies.

''We are clearly moving in the right direction'' stated Robert (''Jay'') McShirley, president of IBNL. ''The Los Angeles Area
Chamber of Commerce brings considerable credibility to VSP.''

The Los Angeles Area Chamber of Commerce is Southern California's leading advocacy organization. Established in 1888, the
Chamber's mission is to help strengthen the economy and communities of the greater Los Angeles area. The Chamber's
ethnically diverse member firms represent a very broad-based business community. Members range from individual
entrepreneurs to multi-national conglomerates and include all sectors of the business community. This wide range of business
interests provides a broad perspective to the Chamber and makes it representative of the total business community, unlike a
single industry or trade association.

INBL will launch its much anticipated Internet version of the Virtual SOURCE network later this month.

IBNL offers two unique Internet services. First is the Virtual SOURCE network, vsource.net, a proprietary on-line
system designed to enhance business-to-business electronic commerce. Buyers use the Virtual SOURCE network to obtain
competitive bids on a variety of goods and services. Sellers use the network to enhance sales opportunities and to provide
product and pricing information to customers. Secondly, the company's Virtual SOURCE Publisher,
vsp.wpg.net, allows almost any user to build his/her own simple Web site in minutes, without technical
training, without specialized software, and without the cost of a consultant.

Contact:

Interactive Buyers Network International Ltd., Ventura
Robert "Jay" McShirley, 805/677-6720
or
Magnum Financial Group LLC, Los Angeles
Randall D. Lewis, 213/488-0443

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