IIBEX FORMS THE TEXAS TECHNOLOGY HOLDING COMPANY SUBSIDIARY

IIBEX Ltd. announces the formation of TXTHC, Inc. a Texas corporation and wholly owned subsidiary of IIBEX Ltd. TXTHC is an early stage company organized around the acquisition of synergistic technology and companies in the eLearning and enterprise performance optimization space.

“Our strategy for TXTHC is to target and acquire established service companies, as well as proprietary software,” said Philip Crawford, IIBEX President. “This selection and control process will allow TXTHC to provide operational performance support to companies, particularly to identified IIBEX company partners.”

IIBEX, the parent, is a cross border public venture capital company. IIBEX specializes in the origination, executing, and supporting of entrepreneurial, cross border, capital markets transactions. The IIBEX solutions provide the architecture, infrastructure, and services to easily customize the proprietary approach to acquire financing for second and third stage venture companies in need of expansion capital.

TXTHC, Inc. is currently examining software operations and management systems, as well as assembling the remainder of its leadership team.

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ON BEHALF OF THE BOARD
“Philip C. Crawford”
Philip C. Crawford, President
For additional information, contact Ms. Judith C. McFarland, Vice President
Tel: (281) -773-0542
Web site: www.iibex.com
E-mail: jmcfarland@iibex.com