IBC.Tv Invites Abgenix Inc. To Participate in B2B RFP Exchange and Announces Over $23 Million in RFP's Across Network


IRVINE, Calif., March 7, 2001 (PRIMEZONE) -- www.IBC.Tv , "a next-generation Interactive Broadband Finance and B2B Exchange TV Channel," is pleased to invite Abgenix Inc. (Nasdaq:ABGX) to join its new Business to Business Exchange Channel (http://ibc.tv./rfpb2b.htm).

In partnership with Newmediary.com and Orion (www.ortg.net), www.IBC.Tv enables buyers and providers with a faster, less expensive, and more efficient way of doing business. The Newmediary network comprises more than 30 partner directories and currently features close to 20,000 registered service providers, who have gained access to over $200 million in qualified RFPs.

Recent RFP's include:


    Site Maintenance Partnership                  $25,000
    Network Replacement                          $500,000
    IT help                                       $10,000
    Telemarketing Solution                       $100,000
    Mid-market ERP                                $25,000

About IBC's B2B Exchange

In partnership with Newmediary.com and Orion Tech., the IBC B2B Exchange enables service buyers and providers with a faster, less expensive, and more efficient way of doing business. The Newmediary network comprises more than 30 partner directories and currently features close to 20,000 registered service providers, who have gained access to over $200 million in qualified RFPs. Buyers use directories to identify, contact and select service providers that meet their outsourcing needs. Service providers use the directories to market their capabilities as well as respond to active sales leads and RFPs.



            

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