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EXHIBIT 99.1
[IBSS Logo]
INTEGRATED BUSINESS SYSTEMS AND SERVICES, INC.
115 ATRIUM WAY, SUITE 228
COLUMBIA, SC 29223
(803) 736-5595 FAX (803) 736-5639
MEDIA CONTACT INVESTOR CONTACTS
Lorri-Ann Carter Dian Griesel, Ph.D. / Lisa Lindberg
CarterTodd & Associates, Inc. The Investor Relations Group (East Coast)
803.779.4005 212.736.2650
la@cartertodd.com TheProTeam@aol.com
Sean Collins
Coffin Communications Group (West Coast)
818.789.0100 ext. 102
sean.collins@coffincg.com
FRUIT OF THE LOOM SIGNS MULTI-MILLION DOLLAR CONTRACT WITH IBSS
LEADING INTERNATIONAL APPAREL MANUFACTURER TO IMPLEMENT IBSS'
SYNAPSE MANUFACTURING(TM) SOFTWaRE
Columbia, SC--December 18, 2000--Integrated Business Systems & Services, Inc.
("IBSS") (NasdaqNM: IBSS) today announced that after a thorough evaluation of
manufacturing technologies, Fruit of the Loom has selected IBSS' Synapse
Manufacturing(TM) software for data collection at its manufacturing locations.
Fruit of the Loom expects the implementation of the pilot location to be
completed in the next several months.
"IBSS continues to receive acceptance of its Synapse technology in the market
place," said Harry Langley, President and CEO of IBSS. "Being selected by Fruit
of the Loom further demonstrates the enormous acceptance of Synapse among major
corporations. The new contract with Fruit of the Loom is a milestone for IBSS as
its entrance into the Fortune 500 market. During this year, IBSS has announced a
series of significant Synapse agreements including Brain North America,
Lifestyle Furnishings International, ASP*n and WilCam Systems that validate the
Synapse technology for the marketplace and reinforce IBSS' capacity to capture
sales from multiple revenue licensing streams."
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IBSS' Synapse software has been applied throughout the manufacturing industry
including the apparel market. Fruit of the Loom is a fully integrated
manufacturer, performing most of its own yarn spinning, knitting, cloth
finishing, cutting, sewing and packaging.
ABOUT IBSS
IBSS provides value added business software products and services to
organizations globally that require the use of transaction processing technology
and connectivity solutions. Through the licensing, installation and servicing of
IBSS Synapse based technology; the company brings a new paradigm to the
integrated systems market. The Synapse architecture provides the framework that
allows traditional businesses to easily and rapidly transition from the current
way they do business to the new e-business paradigm. IBSS provides a line of
Synapse-based products that include Synapse Manufacturing(TM) for manufacturing
plant automation; Synapse EAI+(TM) for enterprise modeling and application
integration; and Synapse B2B(TM) for ASP enablement and for integrating a
company's applications with its supply chain. IBSS has offices in Columbia and
Detroit. For more information about IBSS' technology and services, call
800-553-1038 or visit www.ibss.net.
ABOUT FRUIT OF THE LOOM
Fruit of the Loom is a leading, international vertically integrated basic
apparel company. The Company is one of the largest manufacturers and marketers
of men's and boys' underwear, women's and girls' underwear, printable T-shirts
and fleece for the activewear industry, casualwear, and childrenswear. The
Company sells its products principally under the FRUIT OF THE LOOM(R), BVD(R),
SCREEN STARS(R), WILSON(R), and UNDEROOS(R) brands.
Except for the historical information herein, the matters discussed in this news
release include forward-looking statements that may involve a number of risks
and uncertainties. Actual results may vary significantly based on a number of
factors, including, but not limited to, risks in product and technology
development and integration, market acceptance of new products and continuing
product demand, the impact of competitive products and pricing, changing
economic conditions and other risk factors detailed in the Company's most recent
annual report and other filings with the Securities and Exchange Commission.
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