Date: Thu, 6 Jun 2002 10:55:25 -0400 From: "Market Watch Corporation" <info@marketwatchcorp.com> To: <info@marketwatchcorp.com> Subject: Opportunity in the Health Care Sector Message-ID: <007801c20d6a$61e6df10$6701a8c0@marc>
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IBXG EMAIL 6-5-02If you received this email in error, and want to be =
removed permanently from our distribution list, please send an email to
remove@marketwatchcorp.com.=20
Market Watch Corporation
=20
Health Care Sector Growth Opportunity: Stock Trading Symbol "IBXG" =
Trading around 23 Cents=20
EXPLOSIVE GROWTH EXPECTED FROM OTC BB: "IBXG"
SIGNS NATIONAL ALLIANCE WITH SUN CAPITAL HEALTHCARE=20
Shares Outstanding (Est.) 43,837,497=20
Float (Est.) 2,932,711=20
Recent Price $ 0.23=20
Year Low/High $ 0.10 - $ 0.90=20
Contact 561-998-3435=20
Websites www.marketwatchcorp.com=20
www.ibxtech.net=20
HEALTH CARE SECTOR GROWING, IBX Group, OTC BB "IBXG": Most =
investors desire to be in a stock from the beginning of its growth, =
"IBXG" is one of those opportunities. "IBXG" trading since Jan. 4 it has =
already potentially increased annual revenues to over $ 3 million. We =
believe the potential is enormous for this expanding dynamic Health Care =
Information Technology Company. "IBXG" recently announced a 73% gain in =
first quarter year -to- year revenue. "IBXG" acquired =
www.sportshealthnet.com that will bring additional revenues. Within one =
week two national product launches were announced, one for the $1.5 =
billion durable medical equipment industry and the other a proprietary =
online consumer medical reports and information service and now the Sun =
Capital deal will allow IBXG to offer accounts receivable funding =
programs nationwide. "IBXG" specializes in health data management, in a =
huge market comprised of over 1 million health care professionals. This =
company has emerged, with solutions to many problems facing the Health =
Care Industry, by providing health care professionals the ability to =
deliver outstanding patient care with optimum efficiency. In past years, =
venture capitalists have invested more than $20 billion in information =
technology companies, confirming a very large financial interest in the =
health care sector.=20
HEALTH CARE IN THE US REPRESENTS 15% of the total US GDP (gross =
domestic product). While inflation in the US has been around 2% per =
year, the US Health Care's inflationary rate rose over 11% per year. =
Health care costs are spiraling out of control. "IBXG" provides =
technology based products and services in full compliance with newly =
mandated government requirements (HIPAA), that help medical =
professionals save time and money, by utilizing "IBXG"s state of the art =
multi-million dollar equipment.=20
INCREASING REVENUES: "IBXG" recently announced favorable results =
of its latest quarter and an extended partnership alliance with Advanced =
Information Technologies that taps the $5 Billion document management =
industry also an alliance with Digital Ingenuity to provide =
Internet-protocol telephony services (a billion-dollar industry). These =
latest deals combined with increased revenues from award winning =
Millbrook Corporation announcement, plus signing a national service =
contract with MDVIP, ( MDVIP was featured in an NBC Tom Brokaw =
interview) the interview can be found at =
http://www.msnbc.com/news/732472.asp MDVIP is the latest in personalized =
health care that we believe will impact the way health care is =
administered, with this concept, patients won't be treated like cattle. =
"IBXG" has also extended its agreements with Intercoastal Health Systems =
and Providence Hospital (one of Ascension Health Group's 87 affiliated =
hospitals. Cerberus Capital Management, L.P.,(a multi-billion dollar New =
York hedge fund) has also increased revenues. Another "IBXG" client is =
the prestigious Boca Raton Orthopedic Group. =20
BASED IN DEERFIELD BEACH, FL: "IBXG" has developed and deployed =
innovative, cost-effective methods for integrating financial, =
administrative and information services for the health care industry. =
Utilizing in-house development capabilities combined with the latest =
technologies and Internet-based communication services, "IBXG" assists =
hospital-based physician groups, multi-physician specialty practice and =
health care service organizations in managing the efficiency of account =
receivable, workflow and compliance.=20
"IBXG" TECHNOLOGY COULD REVOLUTIONIZE virtually every aspect of =
the way health care is delivered. Imagine your doctor being able to =
access your medical records from any location, anywhere in the world . . =
. instantly! Within seconds a doctor will now have instant access to =
x-rays, prescription records, or any other pertinent patient =
information, all on handheld portable wireless devices and be able to =
respond to such information instantly from any location in the world.=20
UNDERSTANDING HIPAA: The Health Insurance Portability and =
Accountability Act of 1996 (Public Law 104-191), also known as HIPAA, =
was enacted as part of a broad Congressional attempt at incremental =
healthcare reform. Part of the law requires the US Dept. of Health and =
Human Services (DHHS) to develop standards and requirements for =
maintenance and transmission of health information that identifies =
individual patients. The requirements outlined by the law are =
far-reaching--all healthcare organizations that maintain or transmit =
electronic health information must comply. "IBXG" offers all health care =
providers with a viable, already in place solution, to "HIPAA" =
compliance.=20
"IBXG" COULD BE JUST WHAT THE DOCTOR ORDERED!=20
6-5-02 "IBXG" Press Release: =20
Wednesday June 5, 5:00 pm Eastern Time
Press Release
SOURCE: iBX Group, Inc.
iBX Group, Inc. Announces National Strategic Alliance With Sun =
Capital Healthcare, Inc.
DEERFIELD BEACH, Fla., June 5 /PRNewswire-FirstCall/ -- iBX Group, =
Inc. (OTC Bulletin Board: IBXG - News), a publicly held Florida =
corporation, today announced the establishment of a national strategic =
alliance with Sun Capital HealthCare, Inc. (www.suncapitalinc.com) to =
provide accounts receivable financing and medical equipment leasing =
services to health care clients through the formation of iBX Financial =
Services.
Sun Capital HealthCare's parent company, Sun Capital, Inc., =
currently provides funding ranging from $50,000 per month minimum to =
more than $10 million per month. Sun Capital Group has provided more =
than $500 million in accounts receivable funding since its inception in =
1995.
"The healthcare market generates $1.3 trillion in volume annually. =
The industry's working capital needs are extremely large," said Peter R. =
Baronoff, chairman and Chief Executive officer of Sun Capital, Inc. "As =
a result of our alliance, iBX not only provides medical billing and =
collections to help a company manage its capital requirements; it also =
supplies working capital while that company waits for third party =
insurers to provide payment. Most medical billing and collection =
companies use their services to provide administrative and collections =
support. iBX is unique in that it provides immediate capital based on a =
health care provider's current billings. Essentially, iBX is saying, =
'We're going to put money in your hands when you need it most.'"
Baronoff added: "We're looking forward to working with iBX and =
assisting them in offering this great service to their growing roster of =
clients."
Sun Capital HealthCare, Inc. is a widely respected national =
financial service provider, specializing in convenient, =
bottom-line-effective one-stop medical accounts receivable funding, =
medical billing and collections, medical financial management consulting =
and equipment leasing services for all genres of the health care =
industry.
"The alliance is a very positive step in the growth of iBX," said =
Evan Brovenick, president of iBX. "With this new arrangement with Sun =
Capital Healthcare firmly in place, we expect a bigger and better 2002 =
than originally projected. We look forward to considerable growth and =
profitability in the upcoming quarters."
IBX Financial Services will offer accounts receivables funding =
programs for all types of medical related services, according to Matthew =
Sarnelli, director of the company's Physician Services Division. As a =
result, physician practices, hospitals, ancillary service organizations =
and other health care entities to take advantage of factoring, =
receivable buyouts, revolving lines of credit and working capital.
"This is a true value-added service that significantly expands our =
capabilities and rounds out iBX's total solutions approach," said =
Sarnelli. "In addition to filling an immediate need for our clients, it =
opens the door to provide a variety of financial benefit services and =
cost-containment products to prospective clients on a national level."
Based in Deerfield Beach, Florida, iBX Group Inc. develops and =
deploys innovative, cost-effective methods for integrating financial, =
administrative and information services for the healthcare industry. iBX =
is a results- oriented company, consisting of four independent, yet =
integrated, divisions -- Physician Services, Patient Services, Consumer =
Products and IT Management. By creating and utilizing the latest =
technologies, Internet-based communications and hands-on expertise, iBX =
strives to meet the needs of hospitals, single and multi-specialty =
physician group practices and healthcare service organizations seeking =
to achieve the maximum financial benefit of their accounts receivables =
by controlling workflow, consolidating administrative functions and =
addressing compliance issues.
Investor Relations Contact: Market Watch Corporation, 561-998-3435 =
or info@marketwatchcorp.com
Media Contact: Andrew M. Rose, President, Marketing Ink, Inc., =
(954) 428-2678 or andy@marketingink.net
This release is comprised of interrelated information that must be =
interpreted in the context of all of the information provided and care =
should be exercised not to consider portions of this release out of =
context. This release contains certain "forward-looking statements and =
information" (as defined in the Private Securities Litigation Reform Act =
of 1995) concerning iBX Group, Inc. that are based on the beliefs of iBX =
Group, Inc.'s management, as well as assumptions made by and information =
currently available to iBX Group, Inc. Such statements reflect the =
current views of iBX Group, Inc. with respect to future events and are =
subject to certain assumptions, including those described in this =
release. Should one or more of the underlying assumptions prove =
incorrect, actual results may vary materially from those described =
herein as anticipated, believed or expected. iBX Group, Inc. does not =
intend to update these forward-looking statements prior to announcement =
of quarterly or annual results.=20
SOURCE: iBX Group, Inc.=20
=20
To be removed from our Email distribution list, please E mail =
remove@marketwatchcorp.com.=20
For further information contact info@marketwatchcorp.com=20
Disclaimer & Disclosure: Market Watch Corporation is not a =
registered financial advisory. The information presented by Market Watch =
Corporation is not an offer to buy or sell securities. Market Watch =
Corporation accumulates information based from public sources and the =
advertised company, then distributes opinions and comments. Penny stocks =
are considered to be highly speculative and may be unsuitable for all =
but very aggressive investors. Market Watch Corporation may hold =
positions in companies mentioned and may buy or sell at any time. This =
profile of iBXG was a paid advertisement by iBXG. iBXG has paid Market =
Watch Corporation 750,000 restricted shares for investor awareness =
services for one year, an affiliated company of Market Watch Corporation =
has been paid 250,000 restricted shares of IBXG stock from a third party =
shareholder. Please always consult a registered financial advisor before =
making any decisions. Information within this advertisement contains =
forward looking statements within the meaning of Section 27(e) of the =
U.S. Securities Act of 1933 and Section 21(g) of the U.S. Securities =
Exchange Act of 1934 and the Private Securities Litigation Reform Act Of =
1995. Forward looking statements are based on expectations, estimates =
and projections at the time the statements are made that involve a =
number of risks and uncertainties which could cause actual results or =
events to differ materially from those presently anticipated. Forward =
looking statements may be identified through the use of words such as =
expects, will, anticipates, estimates, believes, or by statements =
indicating certain actions may, could or might occur. We encourage our =
readers to invest carefully and read the investor information available =
at the Web sites of the U.S. Securities and Exchange Commission (SEC) at =
http://www.sec.gov and/or the National Association of Securities Dealers =
(NASD) at http://www.nasd.com. Readers can review all public filings by =
companies at the SEC's EDGAR page. The NASD has published information on =
how to invest carefully at its Web site.=20
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<HTML><HEAD><TITLE>IBXG EMAIL 6-5-02</TITLE>
<META http-equiv=3DContent-Type content=3D"text/html; =
charset=3Dwindows-1252">
<META content=3D"MSHTML 6.00.2716.2200" name=3DGENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY>
<TABLE cellSpacing=3D0 cellPadding=3D0 width=3D"100%" border=3D0>
<TBODY>
<TR>
<TD>
<DIV align=3Dcenter><FONT face=3D"Times New Roman, Times, serif" =
color=3D#ff0000=20
size=3D3><U><STRONG>If you received this email in error, and want =
to be=20
removed permanently from our distribution list, please send an =
email=20
to<BR><A=20
=
href=3D"mailto:remove@marketwatchcorp.com">remove@marketwatchcorp.com</A>=
.</STRONG></U></FONT></DIV></TD></TR></TBODY></TABLE><BR>
<TABLE cellSpacing=3D0 cellPadding=3D0 width=3D"100%" border=3D0>
<TBODY>
<TR>
<TD>
<DIV align=3Dcenter><FONT face=3D"Arial, Helvetica, sans-serif" =
size=3D7>Market=20
Watch Corporation</FONT><BR></DIV></TD></TR></TBODY></TABLE><BR>
<TABLE cellSpacing=3D0 cellPadding=3D0 width=3D"100%" border=3D0>
<TBODY>
<TR>
<TD>
<DIV align=3Dcenter><FONT face=3D"Arial, Helvetica, sans-serif" =
color=3D#0000ff=20
size=3D3><STRONG><U><EM>Health Care Sector Growth Opportunity: =
Stock Trading=20
Symbol "IBXG" Trading around 23=20
Cents</EM></U></STRONG></FONT></DIV></TD></TR></TBODY></TABLE><BR>
<TABLE cellSpacing=3D0 cellPadding=3D0 width=3D"100%" border=3D0>
<TBODY>
<TR>
<TD>
<DIV align=3Dcenter><FONT face=3D"Arial, Helvetica, sans-serif" =
color=3D#000000=20
size=3D4><STRONG>EXPLOSIVE GROWTH EXPECTED FROM OTC BB: =
"IBXG"<BR>SIGNS=20
NATIONAL ALLIANCE WITH SUN CAPITAL=20
HEALTHCARE</STRONG></FONT></DIV></TD></TR></TBODY></TABLE><BR>
<TABLE borderColor=3D#000000 cellSpacing=3D0 cellPadding=3D1 =
width=3D"45%" align=3Dcenter=20
border=3D1>
<TBODY>
<TR>
<TD width=3D"50%">
<DIV align=3Dleft><FONT face=3D"Times New Roman, Times, serif" =
color=3D#000000=20
size=3D3><STRONG>Shares Outstanding =
(Est.)</STRONG></FONT></DIV></TD>
<TD width=3D"50%">
<DIV align=3Dright><FONT face=3D"Times New Roman, Times, serif" =
color=3D#000000=20
size=3D3><STRONG>43,837,497</STRONG></FONT></DIV></TD></TR>
<TR>
<TD width=3D"50%">
<DIV align=3Dleft><FONT face=3D"Times New Roman, Times, serif" =
color=3D#000000=20
size=3D3><STRONG>Float (Est.)</STRONG></FONT></DIV></TD>
<TD width=3D"50%">
<DIV align=3Dright><FONT face=3D"Times New Roman, Times, serif" =
color=3D#000000=20
size=3D3><STRONG>2,932,711</STRONG></FONT></DIV></TD></TR>
<TR>
<TD width=3D"50%">
<DIV align=3Dleft><FONT face=3D"Times New Roman, Times, serif" =
color=3D#000000=20
size=3D3><STRONG>Recent Price</STRONG></FONT></DIV></TD>
<TD width=3D"50%">
<DIV align=3Dright><FONT face=3D"Times New Roman, Times, serif" =
color=3D#000000=20
size=3D3><STRONG>$ 0.23</STRONG></FONT></DIV></TD></TR>
<TR>
<TD width=3D"50%">
<DIV align=3Dleft><FONT face=3D"Times New Roman, Times, serif" =
color=3D#000000=20
size=3D2><STRONG>Year Low/High</STRONG></FONT></DIV></TD>
<TD width=3D"50%">
<DIV align=3Dright><FONT face=3D"Times New Roman, Times, serif" =
color=3D#000000=20
size=3D3><STRONG>$ 0.10 - $ 0.90</STRONG></FONT></DIV></TD></TR>
<TR>
<TD width=3D"50%">
<DIV align=3Dleft><FONT face=3D"Times New Roman, Times, serif" =
color=3D#000000=20
size=3D3><STRONG>Contact</STRONG></FONT></DIV></TD>
<TD width=3D"50%">
<DIV align=3Dright><FONT face=3D"Times New Roman, Times, serif" =
color=3D#000000=20
size=3D3><STRONG>561-998-3435</STRONG></FONT></DIV></TD></TR>
<TR>
<TD width=3D"50%" rowSpan=3D2>
<DIV align=3Dleft><FONT face=3D"Times New Roman, Times, serif" =
color=3D#000000=20
size=3D3><STRONG>Websites</STRONG></FONT></DIV>
<DIV align=3Dleft></DIV></TD>
<TD width=3D"50%">
<DIV align=3Dright><A =
href=3D"http://www.marketwatchcorp.com"><FONT=20
face=3D"Times New Roman, Times, serif"=20
=
size=3D3><STRONG>www.marketwatchcorp.com</STRONG></FONT></A></DIV></TD></=
TR>
<TR>
<TD width=3D"50%">
<DIV align=3Dright><A href=3D"http://www,ibxtech.net"><FONT=20
face=3D"Times New Roman, Times, serif"=20
=
size=3D3><STRONG>www.ibxtech.net</STRONG></FONT></A></DIV></TD></TR></TBO=
DY></TABLE><BR>
<TABLE cellSpacing=3D0 cellPadding=3D0 width=3D"100%" border=3D0>
<TBODY>
<TR>
<TD><FONT face=3D"Arial, Helvetica, sans-serif" =
size=3D3><STRONG><U><FONT=20
color=3D#0000ff>HEALTH CARE SECTOR GROWING</FONT>,</U> IBX Group, =
OTC BB=20
"IBXG": Most investors desire to be in a stock from the beginning =
of its=20
growth, "IBXG" is one of those opportunities. "IBXG" trading since =
Jan. 4=20
it has already potentially increased annual revenues to over $ 3 =
million.=20
We believe the potential is enormous for this expanding dynamic =
Health=20
Care Information Technology Company. "IBXG" recently announced a =
73% gain=20
in first quarter year -to- year revenue. "IBXG" acquired <A=20
=
href=3D"http://www.sportshealthnet.com">www.sportshealthnet.com</A>; that =
will bring additional revenues. Within one week two national =
product=20
launches were announced, one for the $1.5 billion durable medical=20
equipment industry and the other a proprietary online consumer =
medical=20
reports and information service and now the Sun Capital deal will =
allow=20
IBXG to offer accounts receivable funding programs nationwide. =
"IBXG"=20
specializes in health data management, in a huge market comprised =
of over=20
1 million health care professionals. This company has emerged, =
with=20
solutions to many problems facing the Health Care Industry, by =
providing=20
health care professionals the ability to deliver outstanding =
patient care=20
with optimum efficiency. In past years, venture capitalists have =
invested=20
more than $20 billion in information technology companies, =
confirming a=20
very large financial interest in the health care=20
sector.</STRONG></FONT></TD></TR></TBODY></TABLE><BR>
<TABLE cellSpacing=3D0 cellPadding=3D0 width=3D"100%" border=3D0>
<TBODY>
<TR>
<TD><FONT face=3D"Arial, Helvetica, sans-serif" color=3D#000000=20
size=3D3><STRONG><U><FONT color=3D#0000ff>HEALTH CARE IN THE US =
REPRESENTS=20
15%</FONT></U> of the total US GDP (gross domestic product). While =
inflation in the US has been around 2% per year, the US Health =
Care's=20
inflationary rate rose over 11% per year. Health care costs are =
spiraling=20
out of control. "IBXG" provides technology based products and =
services in=20
full compliance with newly mandated government requirements =
(HIPAA), that=20
help medical professionals save time and money, by utilizing =
"IBXG"s state=20
of the art multi-million dollar=20
equipment.</STRONG></FONT></TD></TR></TBODY></TABLE><BR>
<TABLE cellSpacing=3D0 cellPadding=3D0 width=3D"100%" border=3D0>
<TBODY>
<TR>
<TD><FONT face=3D"Arial, Helvetica, sans-serif" color=3D#000000=20
size=3D3><STRONG><U><FONT color=3D#0000ff>INCREASING =
REVENUES:</FONT></U>=20
"IBXG" recently announced favorable results of its latest quarter =
and an=20
extended partnership alliance with Advanced Information =
Technologies that=20
taps the $5 Billion document management industry also an alliance =
with=20
Digital Ingenuity to provide Internet-protocol telephony services =
(a=20
billion-dollar industry). These latest deals combined with =
increased=20
revenues from award winning Millbrook Corporation announcement, =
plus=20
signing a national service contract with MDVIP, ( MDVIP was =
featured in an=20
NBC Tom Brokaw interview) the interview can be found at <A=20
=
href=3D"http://www.msnbc.com/news/732472.asp">http://www.msnbc.com/news/7=
32472.asp</A>=20
MDVIP is the latest in personalized health care that we believe =
will=20
impact the way health care is administered, with this concept, =
patients=20
won't be treated like cattle. "IBXG" has also extended its =
agreements with=20
Intercoastal Health Systems and Providence Hospital (one of =
Ascension=20
Health Group's 87 affiliated hospitals. Cerberus Capital =
Management,=20
L.P.,(a multi-billion dollar New York hedge fund) has also =
increased=20
revenues. Another "IBXG" client is the prestigious Boca Raton =
Orthopedic=20
Group. </STRONG></FONT></TD></TR></TBODY></TABLE><BR>
<TABLE cellSpacing=3D0 cellPadding=3D0 width=3D"100%" border=3D0>
<TBODY>
<TR>
<TD><FONT face=3D"Arial, Helvetica, sans-serif" color=3D#000000=20
size=3D3><STRONG><U><FONT color=3D#0000ff>BASED IN DEERFIELD =
BEACH,=20
FL:</FONT></U> "IBXG" has developed and deployed innovative,=20
cost-effective methods for integrating financial, administrative =
and=20
information services for the health care industry. Utilizing =
in-house=20
development capabilities combined with the latest technologies and =
Internet-based communication services, "IBXG" assists =
hospital-based=20
physician groups, multi-physician specialty practice and health =
care=20
service organizations in managing the efficiency of account =
receivable,=20
workflow and =
compliance.</STRONG></FONT></TD></TR></TBODY></TABLE><BR>
<TABLE cellSpacing=3D0 cellPadding=3D0 width=3D"100%" border=3D0>
<TBODY>
<TR>
<TD><FONT face=3D"Arial, Helvetica, sans-serif" color=3D#000000=20
size=3D3><STRONG><U><FONT color=3D#0000ff>"IBXG" TECHNOLOGY COULD=20
REVOLUTIONIZE</FONT></U> virtually every aspect of the way health =
care is=20
delivered. Imagine your doctor being able to access your medical =
records=20
from any location, anywhere in the world . . . instantly! Within =
seconds a=20
doctor will now have instant access to x-rays, prescription =
records, or=20
any other pertinent patient information, all on handheld portable =
wireless=20
devices and be able to respond to such information instantly from =
any=20
location in the =
world.</STRONG></FONT></TD></TR></TBODY></TABLE><BR>
<TABLE cellSpacing=3D0 cellPadding=3D0 width=3D"100%" border=3D0>
<TBODY>
<TR>
<TD><FONT face=3D"Arial, Helvetica, sans-serif" color=3D#000000=20
size=3D3><STRONG><U><FONT color=3D#0000ff>UNDERSTANDING =
HIPAA:</FONT> </U>The=20
Health Insurance Portability and Accountability Act of 1996 =
(Public Law=20
104-191), also known as HIPAA, was enacted as part of a broad=20
Congressional attempt at incremental healthcare reform. Part of =
the law=20
requires the US Dept. of Health and Human Services (DHHS) to =
develop=20
standards and requirements for maintenance and transmission of =
health=20
information that identifies individual patients. The requirements =
outlined=20
by the law are far-reaching--all healthcare organizations that =
maintain or=20
transmit electronic health information must comply. "IBXG" offers =
all=20
health care providers with a viable, already in place solution, to =
"HIPAA"=20
compliance.</STRONG></FONT></TD></TR></TBODY></TABLE><BR>
<TABLE cellSpacing=3D0 cellPadding=3D0 width=3D"100%" border=3D0>
<TBODY>
<TR>
<TD><FONT face=3D"Arial, Helvetica, sans-serif" color=3D#0000ff=20
size=3D3><STRONG><U><EM>"IBXG" COULD BE JUST WHAT THE DOCTOR=20
ORDERED!</EM></U></STRONG></FONT></TD></TR></TBODY></TABLE><BR>
<TABLE cellSpacing=3D0 cellPadding=3D0 width=3D"100%" border=3D0>
<TBODY>
<TR>
<TD><FONT face=3D"Arial, Helvetica, sans-serif" color=3D#000000=20
size=3D4><STRONG><U>6-5-02 "IBXG" Press Release:=20
</U></STRONG></FONT></TD></TR></TBODY></TABLE><BR>
<TABLE borderColor=3D#000000 cellSpacing=3D0 cellPadding=3D0 =
width=3D"100%" border=3D1>
<TBODY>
<TR>
<TD>
<P><FONT face=3D"Times New Roman, Times, serif" color=3D#000000=20
size=3D2><STRONG>Wednesday June 5, 5:00 pm Eastern =
Time</STRONG></FONT><FONT=20
face=3D"Times New Roman, Times, serif"><BR><BR><STRONG><FONT =
color=3D#000000=20
size=3D3>Press Release</FONT></STRONG><BR><BR><EM><FONT =
color=3D#000000=20
size=3D3>SOURCE: iBX Group, Inc.</FONT></EM><BR><BR><STRONG><FONT=20
color=3D#000000 size=3D5>iBX Group, Inc. Announces National =
Strategic Alliance=20
With Sun Capital Healthcare, =
Inc.</FONT></STRONG><BR><BR><STRONG><FONT=20
color=3D#000000 size=3D3>DEERFIELD BEACH, Fla., June 5 =
/PRNewswire-FirstCall/=20
-- iBX Group, Inc. (OTC Bulletin Board: IBXG - News), a publicly =
held=20
Florida corporation, today announced the establishment of a =
national=20
strategic alliance with Sun Capital HealthCare, Inc. (<A=20
href=3D"http://www.suncapitalinc.com">www.suncapitalinc.com</A>) =
to provide=20
accounts receivable financing and medical equipment leasing =
services to=20
health care clients through the formation of iBX Financial=20
Services.</FONT></STRONG></FONT></P>
<P><STRONG><FONT face=3D"Times New Roman, Times, serif" =
color=3D#000000=20
size=3D3>Sun Capital HealthCare's parent company, Sun Capital, =
Inc.,=20
currently provides funding ranging from $50,000 per month minimum =
to more=20
than $10 million per month. Sun Capital Group has provided more =
than $500=20
million in accounts receivable funding since its inception in=20
1995.</FONT></STRONG></P>
<P><STRONG><FONT face=3D"Times New Roman, Times, serif" =
color=3D#000000=20
size=3D3>"The healthcare market generates $1.3 trillion in volume =
annually.=20
The industry's working capital needs are extremely large," said =
Peter R.=20
Baronoff, chairman and Chief Executive officer of Sun Capital, =
Inc. "As a=20
result of our alliance, iBX not only provides medical billing and=20
collections to help a company manage its capital requirements; it =
also=20
supplies working capital while that company waits for third party =
insurers=20
to provide payment. Most medical billing and collection companies =
use=20
their services to provide administrative and collections support. =
iBX is=20
unique in that it provides immediate capital based on a health =
care=20
provider's current billings. Essentially, iBX is saying, 'We're =
going to=20
put money in your hands when you need it =
most.'"</FONT></STRONG></P>
<P><STRONG><FONT face=3D"Times New Roman, Times, serif" =
color=3D#000000=20
size=3D3>Baronoff added: "We're looking forward to working with =
iBX and=20
assisting them in offering this great service to their growing =
roster of=20
clients."</FONT></STRONG></P>
<P><STRONG><FONT face=3D"Times New Roman, Times, serif" =
color=3D#000000=20
size=3D3>Sun Capital HealthCare, Inc. is a widely respected =
national=20
financial service provider, specializing in convenient,=20
bottom-line-effective one-stop medical accounts receivable =
funding,=20
medical billing and collections, medical financial management =
consulting=20
and equipment leasing services for all genres of the health care=20
industry.</FONT></STRONG></P>
<P><STRONG><FONT face=3D"Times New Roman, Times, serif" =
color=3D#000000=20
size=3D3>"The alliance is a very positive step in the growth of =
iBX," said=20
Evan Brovenick, president of iBX. "With this new arrangement with =
Sun=20
Capital Healthcare firmly in place, we expect a bigger and better =
2002=20
than originally projected. We look forward to considerable growth =
and=20
profitability in the upcoming quarters."</FONT></STRONG></P>
<P><STRONG><FONT face=3D"Times New Roman, Times, serif" =
color=3D#000000=20
size=3D3>IBX Financial Services will offer accounts receivables =
funding=20
programs for all types of medical related services, according to =
Matthew=20
Sarnelli, director of the company's Physician Services Division. =
As a=20
result, physician practices, hospitals, ancillary service =
organizations=20
and other health care entities to take advantage of factoring, =
receivable=20
buyouts, revolving lines of credit and working=20
capital.</FONT></STRONG></P>
<P><STRONG><FONT face=3D"Times New Roman, Times, serif" =
color=3D#000000=20
size=3D3>"This is a true value-added service that significantly =
expands our=20
capabilities and rounds out iBX's total solutions approach," said=20
Sarnelli. "In addition to filling an immediate need for our =
clients, it=20
opens the door to provide a variety of financial benefit services =
and=20
cost-containment products to prospective clients on a national=20
level."</FONT></STRONG></P>
<P><STRONG><FONT face=3D"Times New Roman, Times, serif" =
color=3D#000000=20
size=3D3>Based in Deerfield Beach, Florida, iBX Group Inc. =
develops and=20
deploys innovative, cost-effective methods for integrating =
financial,=20
administrative and information services for the healthcare =
industry. iBX=20
is a results- oriented company, consisting of four independent, =
yet=20
integrated, divisions -- Physician Services, Patient Services, =
Consumer=20
Products and IT Management. By creating and utilizing the latest=20
technologies, Internet-based communications and hands-on =
expertise, iBX=20
strives to meet the needs of hospitals, single and multi-specialty =
physician group practices and healthcare service organizations =
seeking to=20
achieve the maximum financial benefit of their accounts =
receivables by=20
controlling workflow, consolidating administrative functions and=20
addressing compliance issues.</FONT></STRONG></P>
<P><STRONG><FONT face=3D"Times New Roman, Times, serif" =
color=3D#000000=20
size=3D3>Investor Relations Contact: Market Watch Corporation, =
561-998-3435=20
or info@marketwatchcorp.com</FONT></STRONG></P>
<P><STRONG><FONT face=3D"Times New Roman, Times, serif" =
color=3D#000000=20
size=3D3>Media Contact: Andrew M. Rose, President, Marketing Ink, =
Inc.,=20
(954) 428-2678 or andy@marketingink.net</FONT></STRONG></P>
<P><FONT face=3D"Times New Roman, Times, serif" color=3D#000000 =
size=3D3>This=20
release is comprised of interrelated information that must be =
interpreted=20
in the context of all of the information provided and care should =
be=20
exercised not to consider portions of this release out of context. =
This=20
release contains certain "forward-looking statements and =
information" (as=20
defined in the Private Securities Litigation Reform Act of 1995)=20
concerning iBX Group, Inc. that are based on the beliefs of iBX =
Group,=20
Inc.'s management, as well as assumptions made by and information=20
currently available to iBX Group, Inc. Such statements reflect the =
current=20
views of iBX Group, Inc. with respect to future events and are =
subject to=20
certain assumptions, including those described in this release. =
Should one=20
or more of the underlying assumptions prove incorrect, actual =
results may=20
vary materially from those described herein as anticipated, =
believed or=20
expected. iBX Group, Inc. does not intend to update these =
forward-looking=20
statements prior to announcement of quarterly or annual =
results.<STRONG>=20
</STRONG></FONT></P>
<P><STRONG><FONT face=3D"Times New Roman, Times, serif" =
color=3D#000000=20
size=3D3>SOURCE: iBX Group, Inc.</FONT> </STRONG></P>
<P></P></TD></TR></TBODY></TABLE><BR>
<TABLE cellSpacing=3D0 cellPadding=3D0 width=3D"100%" border=3D0>
<TBODY>
<TR>
<TD>
<DIV align=3Dcenter><STRONG><FONT face=3D"Arial, Helvetica, =
sans-serif"=20
color=3D#000000 size=3D3>To be removed from our Email distribution =
list,=20
please E mail <A=20
=
href=3D"mailto:remove@marketwatchcorp.com">remove@marketwatchcorp.com</A>=
.=20
<BR>For further information contact <A=20
=
href=3D"mailto:info@marketwatchcorp.com">info@marketwatchcorp.com</A></FO=
NT></STRONG></DIV></TD></TR></TBODY></TABLE><BR>
<TABLE borderColor=3D#000000 cellSpacing=3D0 cellPadding=3D0 =
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<TBODY>
<TR>
<TD><FONT face=3D"Times New Roman, Times, serif" color=3D#000000=20
size=3D1>Disclaimer & Disclosure: Market Watch Corporation is =
not a=20
registered financial advisory. The information presented by Market =
Watch=20
Corporation is not an offer to buy or sell securities. Market =
Watch=20
Corporation accumulates information based from public sources and =
the=20
advertised company, then distributes opinions and comments. Penny =
stocks=20
are considered to be highly speculative and may be unsuitable for =
all but=20
very aggressive investors. Market Watch Corporation may hold =
positions in=20
companies mentioned and may buy or sell at any time. This profile =
of iBXG=20
was a paid advertisement by iBXG. iBXG has paid Market Watch =
Corporation=20
750,000 restricted shares for investor awareness services for one =
year, an=20
affiliated company of Market Watch Corporation has been paid =
250,000=20
restricted shares of IBXG stock from a third party shareholder. =
Please=20
always consult a registered financial advisor before making any =
decisions.=20
Information within this advertisement contains forward looking =
statements=20
within the meaning of Section 27(e) of the U.S. Securities Act of =
1933 and=20
Section 21(g) of the U.S. Securities Exchange Act of 1934 and the =
Private=20
Securities Litigation Reform Act Of 1995. Forward looking =
statements are=20
based on expectations, estimates and projections at the time the=20
statements are made that involve a number of risks and =
uncertainties which=20
could cause actual results or events to differ materially from =
those=20
presently anticipated. Forward looking statements may be =
identified=20
through the use of words such as expects, will, anticipates, =
estimates,=20
believes, or by statements indicating certain actions may, could =
or might=20
occur. We encourage our readers to invest carefully and read the =
investor=20
information available at the Web sites of the U.S. Securities and =
Exchange=20
Commission (SEC) at <A =
href=3D"http://www.sec.gov">http://www.sec.gov</A>=20
and/or the National Association of Securities Dealers (NASD) at <A =
href=3D"http://www.nasd.com">http://www.nasd.com</A>. Readers can =
review all=20
public filings by companies at the SEC's EDGAR page. The NASD has=20
published information on how to invest carefully at its Web=20
site.</FONT></TD></TR></TBODY></TABLE></BODY></HTML>
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