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IBus is a leading manufacturer and provider of High Availability Computing platforms for use in mission-critical applications and is committing significant investment into the ongoing R&D of a range of ISA-PCI, AdvancedTCA, and CompactPCI solutions.With over 20 years experience in the industrial grade, embedded computer market, we have diversified from telecommunications to include companies currently deploying solutions in medical imaging, industrial automation, computer telephony and network infrastructure applications.

I.I.S. Intelligent Information Systems Ltd. (“IIS”) announced that it has been informed that a creditor of its sole wholly-owned direct subsidiary, Witech Communications Ltd. ("Witech"), has filed an ex parte application for the liquidation of Witech. Witech has not yet received a copy of the application. IIS and Witech have succeeded in raising only approximately $3,600,000 of the approximately $6,000,000 required to sustain Witech's operations and are insolvent. All employees of Witech have been terminated and it is unable to continue its operations. IIS and Witech have attempted to seek alternative sources of financing and alternative sources of revenue, but due to the extremely difficult business environment that has materially and adversely effected both the technology and the entertainment sectors in which Witech was active, none of these efforts have been successful.IIS currently has approximately $3,000,000 principal amount of convertible debt outstanding and approximately $600,000 in debts to other creditors (including officers and directors) and Witech has approximately $1,500,000 principal amount of non-convertible debt outstanding to various lenders as well as approximately $1,000,000 in debts to other creditors (including employees). Witech is the only asset of IIS and IIS has almost no cash resources and no prospects of paying its debts. Witech's wholly-owned Delaware subsidiary which is still active (although its operations have also been adversely and materially effected) will likely be sold-off by the liquidator of Witech to pay its debts and the debts of Witech. In light of this situation, the entire board of directors of IIS has resigned.

IBM's house is still largely made of hardware. Encompassing enterprise computing, storage, and microelectronics products, IBM's Systems and Technology Group is the company's second largest revenue generator behind Global Services. The company is a worldwide leader in server and mainframe computing, offering UNIX and Windows-based offerings; it also leads in the development and sale of Linux-based products. Its Microelectronics unit makes microprocessors and memory devices. Other products include disk- and tape-based data storage systems, as well as point-of-sale systems. The Systems and Technology group also oversees engineering and technology consulting and design services.

The company sells and services refurbished Point of Sale (POS) equipment from such manufacturers as IBM, NCR, MICROS, and Panasonic. Products include POS terminals, processors, scanners, printers, keyboards, and parts. The company serves clients in such industries as hospitality, supermarkets, and general retail.There is no project that we can't handle - no restrictions on size or specification. If you are talking with anyone about refurbished POS Solutions, you must talk with us. Isn't your goal to get the highest quality of solutions at the most affordable possible price? If it is, then IWCR is the provider that you're looking for.

Immecor designs and assembles customized industrial PCs and servers. Immecor uses third-party components to build customized computer systems for semiconductor makers, which use the equipment for automated wafer inspection. Besides PCs, the company also makes sheetmetal fabrications, custom cables, and PCB assembly. Immecor assembles industrial computers by Intel, motherboards, servers, and chassis by Super Micro Computer, and printers by Oki Data. Its products are used in the entertainment, medical, and telecommunications industries. Immecor was established in 1993 and has facilities in San Jose and Santa Rosa, California.

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