Call to Action: Labeling on Alcohol Beverages

The spin off of assets should
result in a premium to shareholders (to be determined) once the
transaction is completed.

extract malt

malts starches

yeast imparts

muntons partially

DIAGEO -- THE WORLD 'S LARGEST PREMIUM BEVERAGE PRODUCER IS PROPOSING A
SERVING FACTS LABEL TO HELP CONSUMERS MAKE INFORMED CHOICES ABOUT ALCOHOL
BEVERAGES.

About the Industry: The restaurant/food and beverage services
market represents more than $350 billion in the U.

extract cereal

Voluntary and consistent labeling must
be approved by the government -- and we need consumers to speak out by going
to http://www. The terms and conditions of the spin off
will be made public upon completion of agreements along with the otcbb
company and symbol.

cereal barley

" Said Edward W
Hayter President + CEO
IBAC Corporation currently operates through its majority owned
subsidiaries National Hospitality Management Services, The Sanibel
Restaurant Group and The Royal Arkansas Hotel + Suites the company has
some 95 employees and with the addition of the two contracted Sanibel
Steakhouses in the near future the company will then have some 175 to
200 employees.

malted barley

KNOWYOURDRINK.
The company continues to aggressively seek additional synergistic
acquisitions or mergers to enhance assets and revenue stream while it
negotiates other current prospects.

It is these sugars that the yeast feeds on to produce alcohol.

sugars pilsen

BUT DID YOU KNOW PRODUCT INFORMATION LIKE THIS DOESN'T EXIST ON PACKAGING
FOR MOST BEER, WINE AND SPIRITS?

IN A RECENT POLL, 76% OF CONSUMERS SAY THE NUTRITIONAL LABELING ON
PACKAGED FOOD HELPS THEM DECIDE WHICH PRODUCTS TO BUY.prnewswire.

IBAC Corporation after the Bell Yesterday Agreed in Principle to a Spin off of All or Some of Its Assets

malt boiled

partially syrups

COM

I'M SUSAN KELLEHER.

ADDITIONAL RESOURCES: Audio version and more available at
http://www.shtml

AUDIO PROVIDED BY: DIAGEO

Malt extract is malt that has been mixed with water, cooked, then boiled down into a syrup or even into a dried form.

audited beverages

8 percent to 5.

Malt is grain, usually barley, that is allowed to partially germinate to convert its starches into sugars.

diamalt malted

About IBAC Corporation: IBAC Corporation, a food and beverage
services/restaurant/hotel holding company based in New York, NY.

muntons barley

PK), a food + beverage /restaurant/hotel company announced today
that it has agreed in principle to spin off some or all of its assets
to an otcbb company subject to all regulatory approvals + SEC filing
requirements .2 percent within the next year.

imparts boiled

knowyourdrink.

flavor extract

malt syrups

The company intends to execute this agreement as a
stock dividend with free trading shares of a fully reporting OTCBB
company to ICAN shareholders with the effective date to be announced
in the near future.

boiled extract

NEW YORK,

THIS IS A MULTIVU SPECIAL REPORT

NUTRITIONAL LABELING-ON EVERYTHING WE EAT AND DRINK-IS REQUIRED BY LAW.com to tell regulators they want this kind of
information on all alcoholic beverage packages.com/broadcast/22029 /consumer.

diamalt extract

83% BELIEVE THAT
ALCOHOL BEVERAGE LABELS SHOULD TELL YOU HOW MUCH ALCOHOL IS IN A SERVING .

"We agree with consumers that they should know how much alcohol is in
their favorite beer -- or, for example, how many calories are in a glass of
wine or an ounce and a half of vodka . The agreement is subject to completion of audited
financials of IBAC's assets and all SEC requirements . with growth rates
expected of 4.

yeast malting

Operating through its subsidiaries, The Sanibel Restaurant Group and
National Hospitality Management Services and The Royal Arkansas Hotel
+ Suites IBAC intends to grow aggressively throughout the next three
years, through acquisitions, mergers and the building of new
establishments.

pilsen malts

partially sugars

malting maltsters

"

TO LEARN MORE VISIT HTTP://WWW.

Malt also imparts the majority of flavor to the beer.

diamalt pilsen

Business Editors

NEW YORK----IBAC Corporation
(ICAN.S. The Company is not obligated to
revise or update any forward-looking statements in order to reflect
events or circumstances that may arise after the date of this release.

brewing audited

GUY SMITH, EXECUTIVE VICE PRESIDENT WITH DIAGEO NORTH AMERICA.
"The company continues to seek the best use of assets and
resources to enhance shareholder value.

Forward Looking Statements: This information includes
forward -looking statements made pursuant to the safe harbor provisions
of the Private Securities Litigation Reform Act of 1995 that involve
risks and uncertainties including, but not limited to, the impact of
competitive products, the ability to meet customer demand, the ability
to manage growth, acquisitions of technology, equipment, or human
resources, the effect of economic and business conditions, and the
ability to attract and retain skilled personnel as related to the
restaurant and hospitality industry.