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GGraessle

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GGraessle

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Monday, 02/24/2003 9:34:07 AM

Monday, February 24, 2003 9:34:07 AM

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International BioChemical Industries Announces Nova BioGenetics, Inc. Receives Single Order Worth $30,000 Today for the Concrete Industry
Thursday January 23, 3:12 pm ET


ATLANTA, Jan. 23 /PRNewswire-FirstCall/ -- International BioChemical Industries, Inc. (OTC Bulletin Board: IBCL - News) announced today that its master distributor, Nova BioGenetics, Inc., has received a single $30,000 order today from a US based corporation actively pursuing distribution of our product in the concrete industry. IBCI plans to ship the entire order within the next five business days per the customer's request. Deirdre Baker, General Manager of IBCI stated, "We are excited that Nova is able to increase the size of our business from the concrete industry within such a short period of time, as they have only been our master distributor for approximately one month."

About: International BioChemical Industries

International BioChemical Industries, Inc. is a Norcross, Georgia-based emerging growth company focused in biotechnology and antimicrobial products. Its core business is committed to the discovery, development, marketing and sale of surface-modifying antimicrobial and biostatic products. The company's antimicrobial technology is an alternative to conventional sanitizers, disinfectants, bleaches, biocides or preservatives primarily because it kills bacteria on contact and can remain active for extended time periods. To date IBCI has received four U.S. patents, four international patents and eight EPA registrations, including the first U.S. germ killer and disinfectant against Salmonella cholerasuis, Staphylococcus aureus and other microorganisms. The company has developed several alliances in different industries, such as healthcare, textiles and storm water.

Further information on IBCI and its line of products can be found by visiting the firm's web site at http://www.bioshield.com , or by calling 1-770-925-3653, Deirdre Baker.

Safe Harbor/Forward-looking Statements:

Statements in this news release that are not historical are forward- looking statements. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated in any forward-looking statements, all of which are difficult to predict and many of which are beyond the control of the company, including areas such as: developing technologies; dependence on collaborative partners; the inherent complexity and uncertainty regarding the development of products; early-stage development of IBCI; the result of research and development efforts; future capital needs; uncertainty of additional funding; government regulations; and other factors which are detailed in the company's periodic reports and registration statements filed with the Securities and Exchange Commission. IBCI does not undertake to revise or update any forward- looking statement to reflect events or circumstances that may arise after the date hereof. BioShield is a trademark of IBCI.






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