New Contract Wins

IBNet PLC
16 July 2001

                                                                              
                          IBNet WINS SIX NEW CLIENTS
                               IN THE BRAND AND
                         INTELLECTUAL PROPERTY SECTOR

IBNet  plc,  ('IBNet')  the  UK  based  Internet  surveillance  and  corporate
intelligence  company, today announces a further six new client  wins  in  the
last  six  weeks  prior to the year-end of 30 June 2001 for its  Netdetec  and
Branddetec  services. Three companies with internationally  known  brands  and
three  UK  based  Intellectual Property Legal specialists will  use  IBNet  to
identify and respond to brand abuses on the Internet.

Initial  three-month contracts worth £100,000 in total have been  signed  with
all six companies. The total ongoing value of these contracts is over £400,000
per  annum. IBNet is also in advanced talks with a further three international
brands of a similar size.

The new monitoring contracts are with:

A global sports footwear and clothing company
  -     IBNet  will search primarily for counterfeit goods using the  client's
        brand being sold on the Internet as well as other brand abuses.
  
An international cosmetics and toiletries company
  -    IBNet will provide the company with comprehensive monitoring of its    
       well known brands and recently launched products
  
A global delivery and logistics company
  -    IBNet will monitor content concerning the company's services and
       clients as well as providing corporate intelligence and market
       knowledge.

Additionally IBNet has been retained by three Intellectual Property law  firms
for   a   series  of  specialist  research  initiatives.  These  will   review
intellectual  property abuses on the Internet in specific market sectors.  The
research  will provide a valuable insight into these markets and  develop  new
customer opportunities for all parties.

The  new  contracts  build on the recently announced  sales  partnership  with
Hemscott.co.uk  ('Hemscott').  Under  the  partnership  Hemscott  will  market
IBNet's  Sharedetec  Internet monitoring service, which focuses  on  detecting
stock market abuse to its new and existing clients.

The Company will be announcing its results for the year ended 30 June 2001  in
early  September,  which will be in line with expectations.  Looking  forward,
the  Board  believes  that  the  prospects for the  new  financial  year  look
promising.

David Bickers, Head of Marketing, said:

'  As these contracts show, IBNet's expertise in the Brand and Copyright arena
is  being  recognised. IBNet already has some 15 clients on board. We recently
returned from the Brand and Licensing Show in New York with a number  of  good
business  leads.  We  are also developing further routes  to  market  for  our
products with established suppliers. The future looks very positive.'

Commenting  on  the  contracts  and  new partnerships,  Mark  Ommanney,  Chief
Executive said:

'  These contracts are excellent news for IBNet. It is frustrating that due to
the  nature  of the work we undertake we are unable to disclose  our  client's
identities. The abuse of intellectual property and brands on the Internet is a
huge  threat  to  the  integrity of many companies. Our Internet  surveillance
system  provides them with cost effective monitoring of all content concerning
their  brand on the net. The intelligence we provide allows clients to counter
fraud, libel, defamation and brand infringement.

'  In  addition  to Branddetec, our Sharedetec service now has  a  significant
route to market through our partnership with Hemscott. Through these and other
initiatives  we are building a strong pool of internationally recognised  blue
chip  clients. This is developing a robust income stream for us. The potential
for  our Internet monitoring products is huge, and these new contracts are the
tip of the iceberg.


For further information contact:

IBNet PLC                                        City Profile Group
Mark Ommanney, Chief Executive                   Simon Courtenay
020-7629-7676                                    Ed Senior
web: www.ibnetplc.com                            020-7726-8588
                                                 e-mail: [e-mail]