To: 2MAR$ who wrote (2113 ) 7/1/1999 2:53:00 PM From: SSP Respond to of 150070
IBIZ news out - on THE LIST, PHOENIX--(BUSINESS WIRE)--July 1, 1999--iBIZ Technology Corp., (OTC BB:IBIZ), announced today that it is completing negotiations initiated at the recent PC Expo in New York. iBIZ Technology Corp. was able to secure additional major distributors for their new KeySync Keyboard. The web-based distributors are considered to be important major components of the iBIZ distribution formula. As final contracts are signed, distributor names will be released. Negotiations were also completed, securing high-profile advertising to coincide with the KeySync product launch. Ken Schilling, President and CEO, commented, "Nowhere else but New York gives us the opportunity to create alliances and meet with the major East Coast companies. We were pleased with the product reception, and look forward to developing the new business relationships. Meetings with 3COM's (Nasdaq:COMS) Palm Computing garnered strong corporate support for the new product and the upcoming launch. Additionally, the large show offered the opportunity to exhibit and demonstrate the features and application potential of the firm's iTerm 8000 small footprint Terminal. The first-time appearance in the Microsoft (Nasdaq:MSFT) Partner Pavilion drew large crowds, and generated hundreds of potential sales leads. We are confident that iBIZ will be engaged to design and manufacture new innovative products for several Brand Name Distributors as a direct result of PC Expo'99. The exposure and ability to meet with some of the major industry producers was very positive for the iBIZ image, and a further step in becoming the predominant leader in the niche market computer industry." The statements in this press release may contain forward looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act of 1934 and are subject to the safe harbor created by these sections. Actual results could differ materially from those described herein as a result of certain factors and circumstances. --30--ALW/se* CONTACT: iBIZ Technology Corp. Investor Relations: Jeff Halbirt or Johnscott Buerger 1-888-468-6797 ibizcorp.com