Joint Marketing Agreement

IBNet PLC
7 April 2000



  IBNET ANNOUNCES JOINT MARKETING AGREEMENT WITH ARMORGROUP
                              
IBNet   plc,   the  Internet  surveillance  and  competitive
intelligence  gathering  service,  announces  a   joint
marketing   agreement  with  ArmorGroup,  the  global   risk
management  services division of Armor Holdings Inc.,  which
was  included  in FORTUNE magazine's list of 'America's  100
Fastest Growing Companies' in 1999.

IBNet has developed sophisticated Internet Surveillance  and
Monitoring Services (ISMS) solutions that detect, deter, and
help  resolve abuses of corporate intellectual  property  on
the  Internet.  Such abuses, including dummy web sites, pose
serious  threats  to  corporations'  reputations  and  often
involve fraud or brand piracy.  With IBNet, ArmorGroup  will
be  able to thoroughly monitor Internet content on behalf of
its  clients.  The company is already winning clients  among
major  brands  who recognise the need to take  advantage  of
this very necessary form of protection.

Paul Mewett, Business Development Director of IBNet commented:
'Almost  all  major companies are at risk of online  attacks
that include at least one of the following forms of abuse  -
financial   misrepresentation,   brand   piracy,   corporate
reputation  attacks, and theft of intellectual  property  or
proprietary information from online customers.  We have even
found  instances where companies were suffering from all  of
these abuses before we identified the problem!'

Mike Stannard, Executive Director of Fraud Investigations at
AmorGroup commented:

'With  cyber security becoming a rising priority within  all
business  organisations,  we are  very  excited  about  this
partnership  with IBNet.  We are ready to offer our  clients
the  most  sophisticated form of real-time, global  Internet
protection  in  the  world.   We  plan  to  offer  specially
tailored  versions of IBNet's ISMS solutions to our  clients
to help them to understand, anticipate and combat threats to
their  brands and corporate reputations from online attacks.
Underlining our confidence in IBNet is the fact that we have
chosen them to protect the integrity of our own intellectual
assets      and     corporate     reputation,      including
www.armorgroup.com.'

IBNets  announcement is timely given  the  security  issues
raised by recent attacks on major internet players including
the  world's  most popular search engine, Yahoo.com.   IBNet
and ArmorGroup have found that the use of search engines  to
detect  web  attack  and abuse is only  a  partial  security
solution.   Conventional search engines  typically  contains
less  than  5%  of  the  Internet  content,  and  with   the
Internet's  content doubling every 100 days,  the  potential
for cybercrime is growing at a phenomenal rate. More information 
about IBNet can be found at its website, www.ibnetplc.com.

ArmorGroup is the services division of Armor Holdings,  Inc.
ArmorGroup   services  division  headquartered  in   London,
provides  a  wide  range  of security  risk  management  and
humanitarian  support services to corporations,  governments
and  non-government  organisations  (NGOs)  internationally.
More  information  about ArmorGroup  can  be  found  at  its
website, www.armorgroup.com.

Notes to the Editor:

Armor Holdings

Armor  Holdings,  is a leading global provider  of  security
risk management services to multi-national corporations  and
governmental   agencies  through  its  ArmorGroup   Services
division.  Armor Holdings is also a leading manufacturer  of
security  products for law enforcement personnel around  the
world   through   its  Armor  Holdings  Products   division.
ArmorGroup Services provides sophisticated security planning
and    risk   management,   electronic   security    systems
integration, consulting and training services,  as  well  as
intellectual    property    asset    protection,    business
intelligence  and  investigative services.   Armor  Holdings
Products  manufacturers and sells  a  broad  range  of  high
quality  branded law enforcement equipment.   Such  products
include ballistic resistant vests and tactical armor,  less-
than-lethal  munitions,  anti-riot  products  and   narcotic
identification kits.

IBNet

IBNet  is a young company located at Egham, England  just  4
miles  from  Heathrow Airport.  The main driver  of  IBNet's
success  is  the  recognition that the Internet  is  a  vast
unregulated environment, and all major corporation now  need
to  monitor  that  environment for the  exploding  range  of
threats  and  abuses facing them.  IBNet's service  monitors
the  Internet  24  hours  a  day and  instantly  distributes
relevant  information to its clients  via  the  Internet  to
their   own  screens.   IBNet  floated  on  the  Alternative
Investment Market ('AIM') in March 2000, the Company  raised
approximately £6.35 million before expenses.

This  press release contains forward-looking statements that
involve risks and uncertainties, including those relating to
the  execution of acquisition strategies, the  expansion  of
product lines and the increase of distribution networks  and
product sales.  Armor Holdings, Inc.  s actual results  could
differ  materially  from those discussed  in  such  forward-
looking  statements based on a variety of factors, including
but not limited to, the actions of cureent and potential new
competitors, changes in technology, adoption of new laws and
regulations, the nature and amount of the Company  s revenues
and  expenses and overall economic conditions.  Other  risks
are  reflected in the Company's filings with the  Securities
and Exchange Commission.


Contact: 

Mark Ommanney, Chief Executive
IBNet plc                               Tel: [phone]

Tim Anderson/Catherine Miles
Buchanan Communications Ltd             Tel: [phone]