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qwame
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Press Release Source: BIB Holdings Ltd.


Incode to Acquire Ignite Web Development Subscription Service
Monday September 20, 10:17 am ET
Platform Provides Intuitive and Advanced Tools for Web Development to Small Business


NEW YORK--(BUSINESS WIRE)--Sept. 20, 2004--Incode Corp. today announced its execution of an agreement to acquire Ignite, an intuitive Web-based utility that allows users to build, edit and maintain their own Web sites and e-commerce stores without any training. Incode expects to close the acquisition of Ignite in line with the completion of Incode's proposed acquisition by BIB Holdings Ltd. ("BIB") (OTCBB: BIBO - News).
Ignite's technology is based on an easy-to-use and approachable word processor-based interface that gives users the instant ability to build a well-designed Web site and take control of their site and their online sales. Ignite's three basic products, its Web site builder, its Web site editor, and its e-commerce store, are bundled with competitively priced hosting services and are priced on a monthly subscription basis. More information on Ignite's products can be accessed online at www.ignitepowered.com.

Jim Grainer, Incode's president and chief financial officer, stated, "We believe that Ignite's offerings are complementary to our broader product and service mix. Users of Incode's planned MarketCast or KissyKat services, for example, may also need to launch their own financial- or pet-centric Web sites -- the Ignite products would provide these users with the ready ability to launch their own professionally designed site for a reasonably priced recurring subscription. We expect Ignite to accordingly scale with the growth of our other products and services. We are very excited by the inclusion of the Ignite platform in our planned portfolio of successful subscription-based eBusinesses."

About Incode Corp.

Incode was founded in 2004 to acquire, develop and commercialize innovative and profitable subscription-based eBusinesses in the online dating, information, retail, industrial and financial services sectors. Additional information is available online at www.incodetech.com.

About BIB Holdings Ltd.

BIB Holdings Ltd. designs, manufactures, imports, sells and markets branded and non-branded apparel. The company has a showroom in New York, a distribution center in Pennsylvania and a distribution center in Las Vegas, within a Foreign Trade Zone. The company designs, sources and markets a brand of high quality apparel under the m.Sasson, Elk Canyon and New Terrain labels as well as private label. Product lines have included underwear, loungewear and outerwear, as well as accessories such as ties, hats, scarves, gloves, jewelry, backpacks and small leather goods as well as apparel. BIB Holdings Ltd. distributes its clothing via leading retailers throughout the United States and abroad. Additional information is available online at www.msasson.com.

Safe Harbor Statement

This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of BIB Holdings Ltd., and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

--------------------------------------------------------------------------------
Contact:
BIB Holdings Ltd.
Jeff Kaplan, 845-365-0855

--------------------------------------------------------------------------------
Source: BIB Holdings Ltd.


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legal1082
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Are we do for a run now?
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BizSoft
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All good news but NO run on share. anything missing?
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Malloy
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Incode to Acquire VanityDate Online Dating Service

Company Adds Edgy Online Dating Service to Portfolio

Tuesday , September 28, 2004 09:00 ET

NEW YORK, Sep 28, 2004 /PRNewswire via COMTEX/ -- Incode Corporation today announced its plans today to acquire VanityDate, a special interest online dating service devoted to match-making for exceptionally successful and attractive singles. Incode expects to close the acquisition of VanityDate in line with the completion of Incode's proposed acquisition by BIB Holdings, Ltd. ("BIB") (OTC Bulletin Board: BIBO).

Unnatural Selection

VanityDate is an exciting new exclusive service where successful singles can meet exceptionally attractive and intelligent partners in a selective, discreet and confidential process. Nate Ohayon, VanityDate's founder and president, said that "this is about enhancing the selection process. Given their lifestyles, very successful and attractive people often have a difficult time finding suitably attractive and interesting partners - partners that are within their league so to speak. VanityDate was founded to address this compelling problem."

Incode's plan is to expand on VanityDates's current model and subscriber base. Incode believes that community-centric niches are inclined to higher rates of conversion and retention and are therefore capable of lower subscriber acquisition costs and higher rates of return relative to generic services.

Jim Grainer, Incode's president and chief financial officer, stated that "unselective sites are approaching saturation and the point of diminishing returns in terms of dollars spent on customer acquisition relative to the population of singles using the internet. We continue to see niches in the online dating sector as a significant arbitrage opportunity today, and we see VanityDate as a model that lends itself to somewhat higher rates of return out of a relatively concentrated and affluent niche. We are very excited by the addition of VanityDate to our portfolio."

The Online Personals Industry

In November 2003, Jupiter Research estimated that 2003 revenues for the U.S. online personals industry would be $313 million, growing to $642 million in 2008. 21% of Internet users browsed online personals in the last year and 13% posted their own profiles" (Nov. 2003) Similarly, Hitwise, in February 2004, reported the market share of visits to online dating web sites in the U.S. has grown over 52% from January 2003 to January 2004, making online dating one of the fastest growing categories on the web.

About VanityDate, Inc.

VanityDate's ambition is to be the leading specialized online dating service devoted to matching successful singles with exceptionally attractive and intelligent partners. Additional information is available online at http://www.vanitydate.com.

About Incode Corporation

Incode was founded in 2004 to acquire, develop and commercialize innovative and profitable subscription-based eBusinesses in the online dating, information, retail, industrial, and financial services sectors. Additional information is available online at http://www.incodetech.com.

About BIB Holdings Ltd.

BIB Holdings Ltd. (OTC Bulletin Board: BIBO) designs, manufactures, imports, sells and markets branded and non-branded apparel. The company has a showroom in New York, a distribution center in Pennsylvania and a distribution center in Las Vegas, within a Foreign Trade Zone. The company designs, sources and markets a brand of high quality apparel under the m.Sasson, Elk Canyon and New Terrain labels as well as private label. Product lines have included underwear, loungewear and outerwear, as well as accessories such as ties, hats, scarves, gloves, jewelry, backpacks and small leather goods as well as apparel. BIB Holdings Ltd. distributes its clothing via leading retailers throughout the United States and abroad. Additional information is available online at http://www.msasson.com.

Safe Harbor Statement

This press release contains statements, which may constitute "forward- looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of BIB Holdings Ltd., and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.


Incode Corporation, Investor Relations, +1-973-398-8183


SOURCE Incode Corporation


CONTACT: Incode Corporation, Investor Relations, +1-973-398-8183

URL: http://www.incodetech.com http://www.prnewswire.com


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Malloy
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Bouncing after morning dip.
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legal1082
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Incode Forms Intrance Dating Service Development Unit
9/29/2004 9:00:00 AM
Company to Rebrand KissyKat Online Dating Service as dateFetch

NEW YORK, Sep 29, 2004 /PRNewswire via COMTEX/ -- Incode Corporation today announced the formation of its Intrance online dating service development unit to administer Incode's various online dating properties. Incode also announced its plans to rebrand KissyKat, a special interest online dating service devoted to pet and animal lovers and their community, as dateFetch in connection with the completion of Incode's proposed acquisition by BIB Holdings, Ltd. ("BIB") ( BIBO ).

Incode's plans are to acquire, develop and commercialize a number of niche-driven online dating services, including its previously announced KissyKat ( http://www.kissykat.com) and VanityDate ( http://www.vanitydate.com) properties. Consolidating these brands under the Intrance banner is a component of Incode's strategy to leverage the cost efficiencies of its core match-making technologies. Incode's expY,]xWkKKM that its match-making engine will be used to enhance the efficiency of and return on investment for each of Incode's additional planned match-making oriented acquisitions and projects.

Jim Grainer, president and chief financial officer of Incode, stated that, "The scalability of these technologies means that the costs of customer acquisition, conversion and retention can be realistically expected to decrease as we build economies of scale. We believe that the greater cost- efficiencies at scale will equate to higher degrees of earnings as we grow."

It is the company's expectation to be able to achieve revenues and earnings within current industry standards and metrics for each of its portfolio companies. For example, assuming that Incode's promotional activities over time yields thirty million consumer impressions per year for one of Incode's dating portals, and using conventional rates of conversion for dating services, its subscriber base would grow to about 25,000 members. This would generate approximately $6 million per year in subscription revenue at a reasonable price of $19.95 per month. Since the bulk of the capital expense on the technology is returned through the first portal's growth, each subsequent portal based on the underlying technology has a more rapid return on investment.

Incode also announced today its plans to rebrand its KissyKat online dating property as dateFetch ( http://www.datefetch.com) in connection with the completion of Incode's proposed acquisition by BIB.

The Online Personals Industry

In November 2003, Jupiter Research estimated that 2003 revenues for the U.S. online personals industry would be $313 million, growing to $642 million in 2008. 21% of Internet users browsed online personals in the last year and 13% posted their own profiles" (Nov. 2003) Similarly, Hitwise, in February 2004, reported the market share of visits to online dating web sites in the U.S. has grown over 52% from January 2003 to January 2004, making online dating one of the fastest growing categories on the web.

About Incode Corporation

Incode was founded in 2004 to acquire, develop and commercialize innovative and profitable subscription-based eBusinesses in the online dating, information, retail, industrial, and financial services sectors. Incode recently announced its plans to acquire an industrial services subscription portal and an online dating service, KissyKat, and to develop a streaming financial and market information service called MarketCast in connection with the closing of the proposed acquisition by BIB. Additional information is available online at http://www.incodetech.com.

About BIB Holdings Ltd.

BIB Holdings Ltd. ( BIBO ) designs, manufactures, imports, sells and markets branded and non-branded apparel. The company has a showroom in New York, a distribution center in Pennsylvania and a distribution center in Las Vegas, within a Foreign Trade Zone. The company designs, sources and markets a brand of high quality apparel under the m.Sasson, Elk Canyon and New Terrain labels as well as private label. Product lines have included underwear, loungewear and outerwear, as well as accessories such as ties, hats, scarves, gloves, jewelry, backpacks and small leather goods as well as apparel. BIB Holdings Ltd. distributes its clothing via leading retailers throughout the United States and abroad. Additional information is available online at http://www.msasson.com.

Safe Harbor Statement


QUESTION IS: WHEN WILL IT MOVE AGAIN?


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BizSoft
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I am waiting for this to move
Posts: 120 | From: Woodland Hills CA USA | Registered: Jun 2004  |  IP: Logged | Report this post to a Moderator
qwame
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From their recent P/R's they have alot going on right now.
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robbob
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On the Rebound. Moving up nicely today
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robbob
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Played this on the dip a few days back, she is moving again
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BizSoft
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One step forward two steps backwards, the game this stock plays
Posts: 120 | From: Woodland Hills CA USA | Registered: Jun 2004  |  IP: Logged | Report this post to a Moderator
BizSoft
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A forward step today
Posts: 120 | From: Woodland Hills CA USA | Registered: Jun 2004  |  IP: Logged | Report this post to a Moderator
   

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