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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: Ga Bard who wrote (8417)	6/16/1999 9:04:00 AM
From: Mr.Manners	Respond to of 108040

IBUI news: June 16, 1999 09:00 Globalist Sells CareDirectory.com BALDWIN PARK, Calif.--(BUSINESS WIRE)--June 16, 1999--Globalist Internet Technologies Inc. (www.globalist.net) Wednesday announced the sale of its CareDirectory.com Web site to Internet Business's International Inc. of Las Vegas (OTC BB:IBUI -- news), (www.inbusin.com). The CareDirectory.com site will become a nationwide directory of healthcare providers, such as physicians, dentists and chiropractors, as well as healthcare facilities like hospitals, clinics and more. The site allows rapid access by Web site visitors who may choose to search for these services and facilities by location and by specialty. While the Web site is free to both user and listed provider alike, additional services such as maps to the location and onsite display of facilities are available at extra cost. The Web site derives income from the sale of such additional services. Privately held Globalist Internet Technologies, established in 1996, is a full service Web site design and Internet host provider, with customers such as the cities of Burbank, Calif., Monrovia, Calif. and Irwindale, Calif., as well as MyHomework.com and others. Internet Business's International is a developer and operator of numerous Internet Web sites. The Delaware corporation is listed on the OTC BB, trading under the symbol IBUI. Terms of the sale have not been disclosed. Statements in this news release may contain forward-looking information within the meaning of Section 27A of the U.S. Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934, and are subject to the safe harbor created by those sections. All statements, other than statements of historical fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of Globalist Internet Technologies are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Globalist Internet Technologies assumes no obligation to update information contained in this release. CONTACT: Globalist Internet Technologies, Baldwin Park Soorena Salari, 626/813-7030 ext. 61