LAS VEGAS, July 1, 2004 (PRIMEZONE) -- Internet Business's International, Inc. (OTCBB:IBII) announced today that Skyy-Fi, its wireless Internet solution company, just received over 40 additional contracts for its Wi-Fi solution, which provides consumers the freedom and flexibility of high speed Internet access at its Skyy-Fi locations. Of the 40 plus contracts there are 7 motels. There are currently thousands of Wi-Fi locations across the United States and as stated in our previous press release, "It is estimated that by the end of 2004, 50% of laptops and PDA's will be Wi-Fi enabled and analysts project that there will be 20 million 'hotspot' users by 2005".
Skyy-Fi anticipates that installation of these contract sites along with the previous contracts obtained for the company will be scheduled for installation before the end of July.
IBIIs new website for its Wi-Fi services, www.SkyyFi.com, is complete and the Companies new website; www.ibint.com, will be completed by mid July.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as IBII or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, such statements in this release that describe the company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. These risks and uncertainties include, among other things, product price volatility, product demand, market competition and risk inherent in the operations of a company.