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To: Wayne Rumball who wrote (3904)	3/23/1999 9:07:00 AM
From: ciVic	Read Replies (1) \| Respond to of 13776

IBUI NEWS March 23, 1999 09:01 Internet Business's International Enters Into Agreement For Development Of New Auction Website Jump to first matched term LAS VEGAS--(BUSINESS WIRE)--March 23, 1999--Internet Business's International, Inc. (OTC BB:IBUI)(www.inbusin.com) Tuesday announced that it has entered into an agreement with B Squared Power.com, Inc. for the development of an advanced Internet auction website. The Company, whose existing auction website, www.auctionwinner.com, is now in final beta testing, intends to launch another, as yet unnamed, auction site focused on the liquidation of goods it has itself acquired or which have been consigned by commercial client/customers. The current auctionwinner.com site by contrast, offers a venue for the sale of goods offered by the public at large. The addition of the new site will give the Company operating units using both of the business models which have been proven successful by other Internet auction firms in the recent past. B Squared Power.com, Inc.(www.b2power.com), the Internet development unit of B Squared Technologies of Huntington Beach, Calif. (www.b2technologies.com) has contracted to deliver a site which is scaleable to any anticipated level of traffic, and marked by ease of use, simple navigation and speed of information delivery. These qualities are consistent with the goals espoused by Internet Business's International for all of its current and anticipated Internet ventures. B Squared was selected to engineer and build the website based on its demonstrated ability to perform for its client base, 95% of which are Fortune 500 firms. 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 Internet Business's International Inc. 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. Internet Business's International Inc. assumes no obligation to update information contained in this release. CONTACT: Internet Business's International Inc., Las Vegas Albert Reda, 949/833-0261