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TAMPA, Fla.--(BUSINESS WIRE)--Nov. 2, 2004--To more accurately portray the company and its growth plans within the
Internet search engine and business technology sectors, MBSL Group, Inc.
(MBGR.PK) today adopted a new corporate
identity and trading symbol.
InterSearch Group, Inc.(Pink Sheets: ISGP) is the company's new name and is effective with the opening of trading on November 3,
2004.
"We chose InterSearch Group as our corporate identity because it embodies the type of company we are -
and the direction we are going," said Chairman Frank McPartland.
Dan O'Donnell, CEO of Walnut Ventures, Inc. says "the new name InterSearch Group, Inc. better describes the business going
forward. InterSearch fits Internet search engine business that Walnut brings as well as the "People and Resource" search
services that Corporate Consulting Services (CCS) provides."
MBSL Group, now InterSearch Group, is a publicly traded holding company which was established to acquire or strategically
partner with firms that provide technology support to the financial and transaction processing industries.
On October 28, the company completed its merger with Corporate Consulting Services, Inc., a San Francisco company that serves
the financial and internet/software industries with professional consulting, training and technology. MBSL also signed a
letter of intent Oct. 18 to merge with Walnut Ventures, Inc., a San Francisco-based company that operates a number of
revenue-producing Internet search properties and has long-standing partnerships with the top pay-per-click search results
providers.
Additionally, the holding company brought Gary Bogatay onto its executive management team. He is a veteran financial officer
experienced in acquisitions. Said Bogatay: "This name change represents the latest of many important steps forward to
implement our business strategy and position our company for growth in multiple channels."
MBSL's name change was filed with the Florida Secretary of State. MBSL's stock trading symbol will change as a result of the
identity change. The stock will continue to be listed on the National Quotation Bureau.
More information about InterSearch Group, Inc. (formerly MBSL Group) can be obtained by visiting its website at:
www.InterSearch.com or by calling 813-636-8020.
Except for historical information, matters discussed above are forward-looking statements within the meaning of
safe-harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements are subject to risks and
uncertainties that may cause actual results to differ materially from projected results. Those factors include, but are not
limited to, economic, competitive, governmental and technological factors affecting the Company's operations, markets,
services and related products, prices or other areas. The Company undertakes no obligation to publicly release the results
of any revisions to forward-looking statements.
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