CANAL WINCHESTER, Ohio, Sept. 14 /PRNewswire-FirstCall/ -- iB3 Networks, Inc. (OTC Bulletin Board: IBNW) and its wholly owned subsidiary iBeam Solutions, a Microsoft Gold Certified Partner and a Cisco Certified Select Partner, announced today a new research report has been issued on the Company by Grass Roots Research, Wall Street's leading independent research firm, with a "BUY" recommendation and a $1.20 long term price target.

For the full report please visit Grass Roots' website:

www.grassrootsrd.com

About Grass Roots Research and Distribution, Inc.:

Led by Paul Cohen, Grass Roots Research is one of Wall Street's #1 Independent Research Firms. As founder of Bear Stearns Western Regional Offices, Paul Cohen was one of the original 12 Dirty Dozen analysts, regarded by many to be the top 12 security analysts in the nation. Mr. Cohen was also the West Coast Senior Vice President of CBWL-Hayden Stone-American Express. Mr. Cohen's partners were Sanford I. Weill (past Chairman and CEO of CitiGroup and past Chairman of Solomon Smith Barney) and Arthur Levitt (past Chairman of the Securities and Exchange Commission (SEC)).

Grass Roots Research includes nine PhD's (three with MD's), two MD's, six CFA's (chartered financial analyst), three with CPA's (certified public accountant) and 21 analysts covering most industries. The backbone of the fundamental research targeted at stock investment includes investigative research into significant corporate events, thorough review of SEC filings, in depth financial analysis, valuations, and management profiles. The Cohen Financial and Valuation Model, an analytical and portfolio management system, is a 100+ page income statement model with seven (7) equity valuation and three (3) cash flow analytical models. Our model covers 9,000 public companies. For more information, readers can visit the company's website at www.grassrootsrd.com.

About iB3 Networks, Inc.

iB3 Networks, Inc. (OTCBB: IBNW) and its wholly owned subsidiary iBeam Solutions, is a Microsoft Gold Certified Partner with a proven track record of delivering scalable hosting solutions, managed hosting, dedicated hosting and Co-location, world-class IT infrastructure, 100% uptime SLA and 24x7x365 First Call Support, virtual help desk, managed services, design and implementation of networks, security and Internet monitoring, technical support, web development, application development, database development and support, wireless solutions, Internet businesses, and is a Cisco Certified Select Partner. For more information please visit their web site at www.iB3Networks.com

Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.

SOURCE iB3 Networks, Inc.