iBIZ Technology Corp. Receives Record Purchase Order From Mad Dog Multimedia
2/12/2004 8:31:00 AM
$536,910 Order Placed on Behalf of Circuit City for Company's PDA's and Hand-held Devices

PHOENIX, Feb 12, 2004 /PRNewswire-FirstCall via COMTEX/ -- iBIZ Technology Corp. ( IBZT ), a leading manufacturer and distributor of accessories for personal digital assistants (PDA) and hand-held devices, announced today that it had received a record purchase order worth $536,910 from Mad Dog Multimedia on behalf of Circuit City Stores, Inc. ( CC ).

"We are pleased to accept a purchase order for $536,910 for six different PDA products including 3,000 Virtual Keyboards, 9,000 travel kits, 3,000 CF Pocket Radios and 3,000 SD Pocket Radios for delivery on March 15th, 2004," said Ken Schilling, President and Chief Executive Officer. "Rebuilding our business has been a slow and arduous process. However, today iBIZ Technology Corp. is well positioned to capitalize on its core strengths and a product offering that is unmatched in the handheld computer accessory market. Accordingly, we view this order as a milestone event as a national retailer has placed a substantial order, which should significantly enhance the awareness of our products. This is an exciting opportunity for us and we look forward to continuing to build on our national retail presence with quality consumer electronic retailers now and in the future."

I give the 10K a B! Remember, this is a company that was just about dead and buried 6 months ago! (Think SIRI, LU, NT, SONS, AMT, CCI, PALM, ERICY,etc. ALL were pennies a year ago !!)

Ken Schilling and Mark Perkins have done an INCREDIBLE job resurrecting Ibiz..... I, for one, can't wait to see Q's 1 and 2 this year!

Thoughts?