LAS VEGAS, June 8, 2004 (PRIMEZONE) -- Internet Business's International Inc. (OTC BB:IBII.OB - News) announced today that Skyy-Fi, its wireless internet solution company, will undertake to provide to consumers the freedom and flexibility of high speed internet access at thousands of locations across the United States. Skyy-Fi is in the process of identifying ``hot spots'' as internet access points. It is estimated that by the end of 2004, 50% of laptops and PDAs will be WiFi-enabled and analysts project that there will be 20 million ``hotspot'' users by 2005.
Skyy-Fi has entered into a Master Developer Agreement with Black Diamond Wireless Inc. to source and provide locations for its services. Black Diamond is focused on small-to-medium retail locations across the United States.

Skyy-Fi has already received 11 contracts through the Black Diamond relationship. It is anticipated that installation of these sites will occur before the end of the month. Black Diamond has made a commitment of locating a minimum of 500 sites during the next 12 months.

IBII has begun developing a new website for its WiFi services at http://www.SkyyFi.com and has contracted with a designer to create a new site for its website at http://www.ibint.com. It is anticipated that both sites will be completed by the end of the month.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as IBII or its management ``believes,'' ``expects,'' ``anticipates,'' ``foresees,'' ``forecasts,'' ``estimates'' or other words or phrases of similar import. Similarly, such statements in this release that describe the company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. These risks and uncertainties include, among other things, product price volatility, product demand, market competition and risk inherent in the operations of a company.

Additional information may be found by calling Bob Howard of IBII at (775)588-2387.

(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)