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To: Patricia Meaney who wrote (117098)	7/24/2003 8:34:40 AM
From: bigbuk	Read Replies (1) \| Respond to of 150070

Sciax Technology Announces Completion of Private Placement Financing BAY CITY, Mich.--(BUSINESS WIRE)--July 24, 2003--Chairman & CEO Nitin Amersey announced today that Sciax Technology (OTCBB: UGMI) has completed a private placement round of USD$ 735,280. "It has been a very difficult market to raise funds in, however we are pleased that we have been able to meet our objectives and we view it as a sign of confidence in the company, its products and its management," said Mr. Amersey. Mr. Amersey, Chairman and CEO, invested USD$ 175,000 in the placement. In addition, Mr. Amersey has personally guaranteed a CAD$ 250,000 line of credit for Sciax. The use of funds is to support marketing, sales, working capital and infrastructure costs incurred by Sciax due to intensive growth since Jan. 1, 2003. "We are treating this financing as gap financing until our sales reach expected levels," stated Amersey. About Sciax Technology Sciax is an emerging leader in counter-terrorism, law enforcement and defense optical imaging systems. Sciax America Inc. & Sciax Technology Inc. are 100% owned subsidiary of UGOMEDIA INTERACTIVE CORPORATION (A NASDAQ OTCBB/Ticker UGMI). A name change from UGOMEDIA INTERACTIVE CORP. to SCIAX CORP. is pending. Sciax is the manufacturer of the SeCam, which is used by a number of law enforcement and defense units across the globe including the Los Angeles Police Department SWAT Team, Canadian Customs, and the US Military. --30--EC/la* CONTACT: Sciax Technology Richard Griffiths, 1-877-99-SCIAX (72429) rgriffiths@sciax.com www.sciax.com KEYWORD: MICHIGAN CALIFORNIA INDUSTRY KEYWORD: HARDWARE LEGAL/LAW GOVERNMENT AEROSPACE/DEFENSE SOURCE: Sciax Technology Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com Copyright 2003, Business Wire

To: Patricia Meaney who wrote (117098)	7/24/2003 8:20:55 PM
From: Taki	Read Replies (3) \| Respond to of 150070

IBZT,what dorks.(COMTEX) B: S-8: IBZT Registers 50M Shares for Stock Plan [delayed] First the good news, and then this.LOL. B: S-8: IBZT Registers 50M Shares for Stock Plan [delayed] Ridgeland, MS, JUL 24, 2003 (EventX/Knobias.com via COMTEX) -- iBIZ Technology Corp (OTCBB: IBZT) filed an S-8 Thursday after the market closed. The Company is registering 50,000,000 shares of common stock issuable under its Non-Employee Directors and Consultants Retainer Stock Plan. GET KNOBIAS IN REAL-TIME: Delivery of this proprietary Knobias alert has been delayed by at least 10 minutes. To get all Knobias alerts in real-time daily, visit knobias.com ABOUT KNOBIAS: Knobias is a premier financial information provider of trading and investing data covering all U.S. equities for investors and security professionals. Knobias is best described by its three major components: Real-time desktop applications providing quotes, charts, level 2, analysis etc.; Knobias RAiDAR providing thousands of real-time news stories, alerts and documents daily; Knobias fundamentals providing a comprehensive database of fundamental research information. CONTACT: Knobias.com, LLC 601-978-3399 601-978-3675 info@knobias.com www.knobias.com/cmtx Copyright 2003 Knobias.com, LLC, All rights reserved. -0- SUBJECT CODE: Registration Filing * end of story *