IBSG's BizWorld Pro Digital Commerce Platform Selected for Vendor Management by Drako Oil and...

Drako Joins IBSG's South Africa Initiative to Provide Business Network for its 12,000 Vendors

CELEBRATION, Fla. -- IBSG International, Inc., (the "Company"), (OTC BB: IBIN) is proud to announce today that its subsidiary IBSGI South Africa, LTD (IBSGI-SA) reports that Drako Oil and Energy

Corporation Limited (LTD) has selected IBSGI SA's BizWorld Pro digital commerce platform as the basis for their vendor and centralized procurement management. Drako management projects the system will be fully implemented out to their vendor network in February 2007. Although no assurances can be given, management anticipates that once fully rolled out, the project will generate up to $10.2 million in revenues to be shared between Drako Oil and Energy Corporation and IBSGI-SA over the life of the four-year agreement, with approximately $2.9 million realized in anticipated revenues during the first 12 months of full operation, 75% of such revenues going to the Company.

Drako Oil & Energy Corporation, a South African registered company, operates throughout the Petroleum Value Chain in South Africa and internationally, including Refining, Shipping, Shipbuilding, Exploration and Production. The company was established with a goal of providing additional refining capacity to a rapidly expanding global and South African market. In addition, it was intended to provide the South African oil industry with a serious market competitor and provide the local economy with a lucrative export source for refined product to its clients in the UK, Europe, USA, Africa, China and the Caribbean.

Mr. Anthony van der Merwe, Chairman and President of Drako Oil and Energy Corporation Limited, stated that using the BizWorld Pro digital platform for the company's vendor management program will substantially improve procurement, tracking and delivery from all company vendors. "The system offers all the unique elements necessary to ensure a robust and efficient vendor management and centralized procurement program. It will also provide a range of business tools, other than vendor management, to our vendors to assist them to grow and sustain their business. We believe it's a win-win situation for all involved with our vendor program."

"We are delighted that Drako Oil and Energy Corporation has elected to join IBSG's South Africa Initiative," said Dr. Michael Rivers, Chief Executive Officer of IBSGI, "and we are confident that BizWorld Pro will provide a solid foundation for the company's vendor management program, including an increase in Black Economic Empowerment [BEE] companies' participation. The use of BizWorld Pro as a vendor management tool further illustrates the power and flexibility of the product along with increasing the technological advancement across South African industries."

About IBSG International, Inc.

IBSG International, Inc. is a holding company for four technology and software subsidiaries: Intelligent Business Systems Group, Inc. (IBSG), a provider of turnkey digital service center software; Secure Blue, Inc., a Sarbanes-Oxley and security software solution provider; Intelligent Business Systems Development (IBSD), a software development, maintenance and data storage company; and A-Division IT, a consultant company focused on development of IT projects for multinational corporations.

IBS Group offers enterprise solutions designed to enhance the operating efficiency and create revenue for State Small Business Development Centers, business associations (e.g., business associations) and Fortune 1000 corporations by licensing its unique turnkey digital service center software, which provides a broad range of digital budgetary, administrative and commercial services (B2B, e-commerce, government to business and enterprise business services) on a single platform known as the BizWorld Pro[c].

Secure Blue, Inc. provides a robust economical Sarbanes-Oxley (SOX) compliance and security software suite, Secure Blue SOX Pro. It is targeted at small- and mid-cap public companies as well as private companies requiring SOX compliance to enable them to continue working with public companies.

As software providers, system integrators and Application Service Providers, IBS Group, Inc. and Secure Blue, Inc. generate revenue from license sales, system modifications, systems support and a percentage of monthly customer fees. The typical IBS Group/Secure Blue license agreement has a five-year term which is updated on an annual basis.

IBS Development, Inc. will provide ongoing support of International's other subsidiaries, IBS Group and Secure Blue. The company provides development, system support and secure data storage, and will maintain offices in the US and India, where its current offshore development and support team is located.

A-Division IT establishes IT projects for various countries around the world and for multinational corporations around the world. A-Division has already introduced and continues to provide demonstrations of the system on a national scale. For multinational corporations, the projects are recognized offset program qualified and provide a required contractual obligation of these corporations. A-Division IT through its various relationships is an offset provider to BAE Systems and maintains relationships with various other multinational corporations. A-Division maintains offices in the United Kingdom.

Safe Harbor Forward-Looking Statements

Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. The above information does not guarantee any successful closing of new business. No assurances can be given that any projections related to gross revenues or profit margins will be realized. Forward-looking statements involve known and unknown risks and uncertainties that may cause the companies' actual results in future periods to differ materially from forecasted results. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks.