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11 May 2004

Virtual Laser Keyboard
Ships to Industry Analysts


PHOENIX, May 11 /PRNewswire-FirstCall/ -- iBIZ Technology Corp. (OTC Bulletin Board:
IBZT - News), an innovative manufacturer and distributor of accessories for personal digital assistants (PDAs) and other handheld devices, announced today the first production units of the new Virtual Laser Keyboard manufactured by Enterprise Capital and powered by VKB's technology have shipped to industry analysts for review. iBIZ awaits FCC and Laser certifications before shipping to customers/end-users.

"The Virtual Laser Keyboard is a new and exciting product, and the industry has responded to the technology overwhelmingly. As with all new product development, industry certifications have to be met and cleared prior to shipping to customers," commented Ken Schilling, President and Chief Executive Officer, iBIZ Technology Corp. "We were extremely excited to receive the first shipments ten days ago; however, the product certifications are still in the final approval stages with the necessary agencies. In that regard, customer orders will be filled only after receipt of those proper certifications and approvals. On the receipt of those product certifications, we will begin to ship to customers with back orders dating back to January of this year with a compatible PDA or computer currently supported by the software drivers. We will continue to fill orders moving forward as the software drivers continue to be expanded, allowing support of other devices. In that regard, both driver support and product certifications have been an on going process as new devices continue to enter the market. Compatible devices will be listed on our web site as well as news on product certifications."

Schilling further commented, "We do not have a time line at the moment for product certification approvals; however, we will keep our customers informed via e-mail, updates on our web site, and through press releases as quickly as we have confirmed dates."

About iBIZ Technology Corp.:

iBIZ Technology Corp. is a leading manufacturer and distributor of accessories for personal digital assistant (PDA) and other handheld devices. iBIZ is recognized for innovative, high-quality, competitively priced products that are available through major retailers. For more information on iBIZ products and services, please visit www.ibizcorp.com or call 1-800 234-0707.

For further information, please contact: Media, Belinda Banks of S&S Public Relations, +1-718-320-4898, Belinda@sspr.com, or Investor Relations, Ed Lewis of CEOcast +1-212-732-4300.

"Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, 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. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward looking statements are further qualified by other factors including, but not limited to those, set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at www.sec.gov). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise."



 


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