New B2B Exchange Unveiled to the Fiber Optic Industry


IRVINE, Calif., Feb. 15, 2001 (PRIMEZONE) -- IBC.Tv, a next-generation broadband finance and exchange channel, is pleased to unveil its new Business to Business RFP Exchange to the Fiber Optic industry at http://ibctv.newmediary.com. In partnership with Newmediary.com and Orion Technologies (OTCBB:ORTG), www.IBC.tv now enables fiber optic service buyers and providers with a faster, less expensive, and more efficient way of doing business.

Orion's subsidiary Globalinx provides B2B integrated IP backbone services for Voice, Data and Video (www.ortg.net and www.globalinx.net). The Newmediary network comprises more than 30 partner directories and currently features close to 20,000 registered service providers, who have gained access to over $200 million in qualified RFPs.

Fiber Optic Buyers use directories to identify, contact and select service providers that meet their outsourcing needs. Fiber Optic Service providers use the directories to market their capabilities as well as respond to active sales leads and RFPs.

Based in Newton, Mass., Newmediary was founded in April 1999. The company is privately held and backed by leading venture capital firms including, GE Equity, Advanced Technology Ventures, Commonwealth Capital, and Still River Fund. Newmediary's management team hails from such leading B2B organizations as The New York Times Company Digital, Engage, Ziff-Davis and Cahners.

About IBC.Tv -- "Broadband Finance and Exchange Everywhere" Introduced by Interactive Business Channel Inc., "The Next Generation Media Network", IBC.Tv is an always-on global business channel featuring business programming, B2B exchanges, and financial services for Financial Institutions, Growth Companies, and Investors. Please visit IBC for the highest quality broadband programming and video on demand headlines for Fiber Optic industry stocks Sycamore (Nasdaq:SCMR) and JDS Uniphase (Nasdaq:JDSU).

In addition to Newmediary, IBC's partners include ON24, MarketXT, Morningstar, AvantGo, Microstratetgies and IPO.com. IBC's global advertisements can be seen from time to time on CNBC, TheStreet.com and CBS Marketwatch.

Since 1997, IBC has provided financial services such as Investor Relations, Merchant Banking, and Going Public services. Please call us for assistance with your fiber optic venture.



            

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