think3 to Exhibit at IBSystems' VirtualMCAD 2003 Online Trade Show

CAMPBELL, Calif.--(BUSINESS WIRE)--August 06, 2003--IBSystems, Inc. announced today that think3, the fastest growing company in the product lifecycle management (PLM) industry, will exhibit in its VirtualDACafe 2003 online trade show beginning October 14, 2003.

"VirtualMCAD 2003 gives us the opportunity to communicate to a highly qualified group of designers and engineers who make up one of think3's key audiences," said Dan Meyer, vice president of marketing for think3. "IBSystem's innovative approach to the traditional trade show structure saves companies and people both time and money while still providing a rich environment for learning and networking."

David Heller, IBSystems President, said, "Our virtual shows have turned the paradigm upside down. Companies incur extremely high expense and inconvenience to exhibit at physical trade shows. They gather leads at these shows, and then have to spend even more money at the other end of the cycle to turn these leads into sales. The cost to participate in one of our virtual shows is miniscule, giving companies more resources to use at the end of the process where it counts - converting leads to sales. When companies factor in the travel inconvenience and cost of a physical show, deciding to go virtual becomes an extremely attractive option. This is especial true for high performing companies like think3."

IBSystems virtual shows attract a very targeted audience, and provide every capability available at physical shows. Online attendees talk directly to booth representatives using a chat or a microphone that's plugged into their PC. They can take literature, watch presentations and product demonstrations, download trial software, and exchange business cards. They also attend technical seminars, and watch keynote address speeches, all from the convenience of their desktop - from anywhere at anytime. In a physical show, exhibitors never really know how many people wander into their booth, much less what they did when they were in their booth. In IBSystems' virtual shows an advanced reporting and tracking system collects information about each booth visitor, including what each visitor did while in an exhibitor's booth. This information arms the sales force with targeted and specific data making their sales follow-up extremely efficient

At VirtualMCAD 2003, think3 will showcase its premier integrated 2D/3D/PDM product suite. Attendees of the online tradeshow will have the opportunity to interact with think3 team members and learn how think3 products, business model and services uniquely remove barriers to adoption and accelerate time to benefits. VirtualMCAD 2003 exhibitor and attendee registration information can be found at www.virtualmcad.com.

About IBSystems, Inc.
IBSystems is a leading provider of web portals and virtual trade shows targeted at computer modeling professional audiences. Its EDAToolsCafe.com, MCADCafe.com, GISCafe.com, AECCafe.com, PCBCafe, DCCCafe, and CareersCafe web portals bring valuable resources and timely information and job opportunities to professionals in the Electronic Design Automation (EDA), Mechanical Computer Aided Design (MCAD), Geographical Information Systems (GIS), Architectural Engineering (AEC), Printed Circuit Board (PCB), and Digital Content Creation (DCC) industries. Its CareersCafe brings employers and jobseekers together in each of these high-tech fields. IBSystems complements their portals with Virtual Trade shows and online publications. The company is building and launching additional industry-focused vertical portals and products on an on-going basis. For more information on IBSystems please visit www.ibsystems.com. To register for VirtualMCAD visit: www.virtualmcad.com.

About think3
think3 is a global provider of integrated product development solutions. The company delivers mechanical design and product data management software combined with expert services to help mid-size manufacturers improve their product development effectiveness. think3's unique business delivery model lowers customers' upfront risk and investment, removes barriers to adoption and accelerates time-to-market benefits. think3's more than 5,000 customers include leading companies in industrial machinery, industrial design and mold making. Privately held, think3 is a global organization headquartered in Pleasanton, California, with offices throughout Europe, Asia and North America. For more information visit http://www.think3.com/
CONTACT:	
IBSystems, Inc.
David Heller, 408/850-9201

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