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To: Currency who wrote (361)	6/11/1999 9:32:00 AM
From: Blitz	Respond to of 403

IBUI NEWS OUT! Friday June 11, 8:46 am Eastern Time Company Press Release Internet Business's International Acquires LA Internet LAS VEGAS--(BUSINESS WIRE)--June 11, 1999--Internet Business's International, Inc. (OTC BB:IBUI - news), www.inbusin.com, today announced the acquisition of LA Internet Corporation (www.lainet.com), a southern California Internet Host Provider. Profitable since its establishment in 1994, LA Internet was among the first companies in the country to specialize in providing Website hosting services to business. The company was also among the first to recognize the burgeoning potential of the World Wide Web for business transactions, a field which has come to be known as e-commerce. To date, LA Internet has assisted in excess of 1,900 companies in establishing commercial Websites and currently provides Internet services to the entertainment industry as well as non-entertainment based businesses nationwide. This acquisition marks Internet Business's International's first entry into the hardware sector of Internet business. The Company currently operates e-commerce sites such as AuctionWinner.com, USLiquidators.com, and MyDiner.com, as well as the Community/Discussion sites FilmFanz.com, TuneFanz.com, and SportzFanz.com. LA Internet will operate as a wholly owned subsidiary of Internet Business's International. 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 Albert Reda, 949/833-0261 More Quotes and News: Internet Business's International Inc (OTC BB:IBUI - news) Related News Categories: computers, internet