PLANO, Texas, Jan 22, 2004 /PRNewswire-FirstCall via COMTEX/ -- Synosphere, LLC, a leading developer of innovative PDA technologies and a wholly owned subsidiary of iBIZ Technology Corporation (OTC Bulletin Board: IBZT), has continued to garner great press coverage from around the globe regarding the Blue Dock(TM). The latest US articles to feature the Blue Dock(TM) come from Brighthand.com and PocketPCaddict.com, while the latest International coverage comes from Todopocketpc.com (Spanish) and Pocketpcparadise.com (French).

"We are very excited about the reception the Blue Dock(TM) has gotten from customers and press around the world," said, Bryan Scott, President and CEO of Synosphere. "All this excitement has generated an overwhelming influx of customers willing to purchase the Blue Dock today. We look forward to an even greater response as we move closer to the release date."

In addition, to answer price and availability surrounding the Blue Dock(TM), Synosphere is also announcing an expected release date of Q4 2004 at an approximate retail price of $ 249.00 USD.

About iBIZ Technology Corp.

iBIZ is a leading manufacturer and distributor of accessories for personal digital assistant (PDA) and hand-held devices. iBIZ is recognized for innovative, high-quality, competitively priced products available through major retailers. For more information on iBIZ products and services, please visit www.ibizpda.com , email sales@ibizcorp.com , or call 1-800 234-0707.

About the Blue Dock(TM)

If all those CD's have been converted and dumped, were in better shapre, and if Ibiz can buy back some shares with some of the cash flow - I think they'll be in the Big Leagues.

Your thoughts??

Steve

iBIZ Technology Corp. (OTCBB: IBZT) $0.037

We have never initiated coverage of a stock with a price so low. In fact, we were torn between the strong promise of the company’s technology and a sub-optimal capital structure. However, the parallels between IBIZ Technology Corp., a leading manufacturer and distributor of accessories for personal digital assistants and hand-held devices and Socket Communications, a big winner for our followers, are strikingly similar.

The company recently launched the Virtual Laser Keyboard at the Consumer Electronics Show in Las Vegas. The Keyboard attaches to PDA’s and projects the image of a full-size keyboard onto the surface of the desk where the PDA is placed, making it easy to input text without a physical keyboard. Unlike many small snap-on keyboards for PDAs, the Virtual Laser Keyboard provides a full-size QWERTY keyboard. It is also smaller and more convenient to use than the folding-type keyboards made by some manufacturers and similar to them in functionality. The Keyboard requires no special training.

It employs a USB/serial cable connection to communicate with the PDA or PC. Future models will incorporate Bluetooth and/or IR Wireless Connections to a variety of devices. The light weight device weighs two ounces and is similar in size to a disposable cigarette lighter. The Keyboard includes a self-contained, rechargeable lithium ion battery. It provides the device with its own internal power supply, so it doesn't drain any battery power from the PDA or PC. The battery lasts three to four hours, more than enough time to do some instant messaging and SMS messaging from the handheld device or to update calendar and phone book entries. The cost of the device is $100.

The Keyboard has generated a great deal of attention. Recently, the Boston Globe featured the device, along with Tech TV & CNN. The company also noted that at the recent Consumer Electronics Show (CES), investors were lined up 10 deep. Tech TV nominated the device for its Best of CES. IBZT received more pre-orders for the Virtual Keyboard in the first twenty-four hours on its site than any other product it has sold in an entire month in its 24-year history.

Since November 2001, the company has been rebuilding its product offerings in and around the PDA accessory industry. Last April, it launched two new products, The Xela Case/Keyboard, and The CF (Compact Flash) Pocket Radio. In September, it began shipping The SD (Secure Digital) Pocket Radio for Palm handheld devices. While the company has consistently been generating losses, its revenues have been steadily growing. For its third quarter ended July, 2003, the company reported revenue of $146,000, more than double its previous quarter, and more than the two previous quarters combined. With a strong backlog from the Virtual Keyboard, IBZT should report its highest sales quarter ever when it releases results for the period ended January, 2004.

So why is the stock trading for pennies? The answer is its capital structure. Unlike other companies that have solid capital structures, iBIZ has had to fund itself with a convertible debenture, which has diluted investors and kept the share price down. Still, when we initiated coverage of Calypte Biomedical approximately six months ago, it had a similar structure. Just one month later, shares had surged from $0.12 to nearly $1.70. If the company is successful in improving its capital structure, a strong increase in price could occur.

The stock has rallied over the last two weeks, as a result of the excitement surrounding the Virtual Keyboard, causing the stock to double on enormous volume. The stock traded over 700 million shares in one day. This is due to strong interest from investors, and institutions converting stock as a result of the financing. Due to the large number of shares currently outstanding, the company has a market capitalization of approximately $75 million, enough for a listing on the American Stock Exchange. The combination of growing interest in its promising Virtual Keyboard, along with an improved capital structure could make this stock a big winner for speculative investors.

Do you know of a company that merits coverage? Please let us know at news@ceocast.com.

Good luck,