FOR IMMEDIATE RELEASE
Contact: Robert Danvers, CEO
Telephone: (604) 777-1707
rdanvers@infotecbusinesssystems.com




INFOTEC SECURES PRIVATE PLACEMENT FUNDING

VANCOUVER,  B.C., June 3, 2003 - Infotec Business  Systems,  Inc.
(OTCBB:IFOB) reports that it has completed a private placement of
100,000 units at $4.00 per unit. Each unit consists of one common
share  and  one 12 month share purchase warrant. Each warrant  is
exercisable at $4.50 per share during the first six months and at
an  exercise price of $5.50 per share during the final six  month
period.  Proceeds  from the private placement will  be  used  for
ongoing  product  and market development and for general  working
capital purposes.

In  conjunction with the private placement, certain directors and
shareholders  of the company have agreed, effective  immediately,
to  return  to  treasury for cancellation a  total  of  8,750,000
common shares, representing 32.4% of the 27,000,000 common shares
previously issued and outstanding.

"This  equity  funding  enables  the  company  to  expedite   its
marketing  plans  for  both  the United  States  and  Canada.  In
addition,  the  reduction  of  the  company's  outstanding  share
capital  is  a  positive  development for  our  shareholders  and
reflects   our  continuing  commitment  to  maximize  return   on
shareholder equity," states Robert Danvers, CEO.

Infotec Business Systems, Inc., is engaged in the development and
marketing  of Internet business systems, including solutions  for
online  office  management, Internet access  control  and  E-mail
communication security.




This  Press  Release contains certain forward-looking  statements
within  the meaning 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 relies on litigation protection for all such forward-
looking  statements  and 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.