Infotec Business Systems, Inc. - New Trading Symbol "IFTC"

Search Blogs that Mention this News Release
Click this link to view linked Bookmarking Services
Click this link to view linked Blogging Services
Infotec Business Systems, Inc. - New Trading Symbol "IFTC"
    VANCOUVER, Oct. 17 /PRNewswire-FirstCall/ - Carol Shaw, President, CEO of
Infotec Business Systems, Inc. (OTCBB: IFTC) reports that effective with
trading on Tuesday October 18, 2005, the shares of the company will trade on
the Bulletin Board under the new symbol "IFTC" and will reflect the 2.5 to 1
forward split of the company's shares. The company also reports that it has
established a second point of presence site in "The Quinby building" in Los
Angeles, California. The company's equipment and Internet systems will undergo
final testing and are expected to be online, supporting the Galaxy Network,
within two weeks.
    The Infotec Group of companies provides Internet and related media
services and delivers 3rd generation on demand streaming media content via its
proprietary Galaxy Broadcast Network. The Infotec Group is a full service
provider for capture, hosting and distribution of digital IP content for
businesses and viewers throughout the world. Infotec is building its
infrastructure and its web portal to support the growth in web TV/Internet TV
and in the distribution of digital content and information, anywhere, anytime
via its proprietary ebahn Television Networks Corp.

    Infotec Business Systems, Inc, is a publically traded company listed in
the U.S.A. on the OTCBB under the symbol IFTC, and in Europe, on the Frankfurt
Stock Exchange.

    This Press Release contains certain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. The company
has tried, whenever possible, to identify these forward-looking statements
using words such as "anticipates", "believes", "estimates", "expects",
"plans", "intends", "potential", and similar expressions. These statements
reflect the company's current beliefs and are based upon currently available
information. Accordingly, such forward-looking statements involve known and
unknown risks, uncertainties and other factors including such risks as market
acceptance of our products and technical risks of introduction, lack of
adequate capital and intense competition which could cause the company's
actual results, performance or achievements to differ materially from those
expressed in or implied by such statements. The company undertakes no
obligation to update or advise in the event of any change, addition or
alteration to the information covered in this press release including such
forward-looking statements.

    Contact: Carol Shaw, President
    Telephone: (604) 484-4966
SOURCE Infotec Business Systems, Inc.