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[QUOTE]Originally posted by J_U_ICE: [QB] ICBM (.05) Forms new company with ADNST Inc. which has developed advanced digital noise suppression technology. PR Newswire "US Press Releases " MONTREAL, QC and NEW YORK, NY, Jan. 8 /PRNewswire-FirstCall/ - ICBS Limited (ICBS) (Pink Sheets :ICBM) a business development, financial and management consulting firm located in Montreal, Quebec, Canada, announced today that it has formed a partnership with ADNST Inc. a division of Jabertech Canada Ltd. , and have formed ADNST COMMUNICATIONS LTD. ICBS will assume management and use its expertise in business strategy required to move the company to the next level. ADNST (Advanced Digital Noise Suppression Technology) is a technology innovation and development company that utilizes noise and echo cancellation technology that eliminates both background noise and voice echo from communication systems to enhance the quality of voice signals in noisy environments. As a result, the clarity of the conversation is significantly improved, effectively removing all background noise regardless of the volume. ADNST's highly sophisticated system for background noise suppression combines a noise reduction algorithm along with an echo cancellation algorithm running on a DSP device. It can be integrated in any communication product to solve voice quality and performance degradation issues, regardless of hardware, audio interface, operating system or speech recognition applications. Furthermore, with stability that has been proven even in closed-environments ADNST's noise canceller an ideal choice for the industries to promote work safety where the level of noise is detrimental and speech accuracy essential. The application of this state of the art suppression system is of significant interest to many major corporations and governmental agencies. The sophisticated system of ADNST computer program and chip will revolutionize the Mobile Telecommunications systems, Voice Over Internet Protocol (VOIP), Occupational Safety environment, and Engine Noise Reduction which represent a total of over a $1 billion dollar market place. Current systems cannot eliminate all of the background noise. ADNST has achieved that technology. The company is expecting to license its technology to the various industries, which it estimates will see its sales exceed $338 million dollars within the first 5 years. ICBS's 49% ownership in the new company is expected to make a positive financial impact on ICBS earnings. "With thorough understanding of the challenges involved in background noise removal and technology expertise, our endeavour is to deliver state-of-the-art solutions that go beyond existing standards" said Dr. Marwan Jaber, President of Jabertech Canada Ltd. "We are very excited about the new partnership with Jabertech Canada. This will be a new venture path for ICBS" announced Garth McIntosh, President and CEO of ICBS , " we are always on the look out for new and exciting opportunities and we believe we have a very viable opportunity with our partnership in ADNST COMMUNICATIONS LTD." You can visit them at; [URL=http://www.adnst.com]www.adnst.com[/URL] NB. This news release includes statements that constitute forward-looking statements. Please be aware that any such forward-looking statements are not guarantees of future performance and involve significant risks and uncertainties, and that actual results may vary materially from those in the forward-looking statements as a result of any number of factors, including the risk factors contained in the Company's disclosure documents. SOURCE Inter Canadian Business Service [/QB][/QUOTE]
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