RBID.COM/INSTITUTE TO ROLLOUT WIMAX IN SOUTH PACIFIC.

RBID.Com, Inc. President/CEO Alan Rothman has announced that RBID Technologies, Newport Beach, Calif., a wholly owned subsidiary, and the Institute for Information Industry Taiwan (III), have partnered to rollout a wireless broadband network in a number of developing countries in the South Pacific. RBID's chief technology officer, David Howe commented, "This is an exciting phase in RBID Technologies development. We have now identified a niche in the wireless broadband and alternative energy categories through the servicing of developing world countries that prove uneconomical for larger multi-nationals but are perfect sized projects for RBID Technologies."

Howe was responsible for introducing Lucent Technologies fixed wireless broadband portfolio throughout Europe, Middle East and Asia where revenues grew from $5 million in 1999 to over $133 million in 2001. He added, "Through our partnership with III (http://www.iii.org.tw/), who are founding members of the WiMaX Forum, we expect to work closely with them to design and implement a complex system linking a substantial number of islands with both fixed and wireless broadband to facilitate the increased educational opportunities through high speed connectivity for their remote schools systems, creating an e-Learning platform over an intranet system developed by III. As part of our project we also expect to fit a significant number of solar panels that should provide energy to a main island base station while also providing additional cost effective energy to the local school system."

RBID's CEO/President Rothman commented, "This is a fantastic opportunity for RBID. We not only have a solid relationship with III who have led the way in technical innovation and patented technologies, but also, this particular project is perfectly suited to our CTO's technical and managerial talents. This marks a significant milestone in the escalation of RBID Technologies positioning in the fixed and wireless broadband installations in the developing world."

About RBID.com

RBID.com, Inc. is a financial IT and marketing company. RBID also facilitates the acquisition, commercialization, promotion and protection of both underdeveloped and distressed patented and/or proprietary technologies. RBID.com, Inc. has the exclusive US and European licensing and distribution rights to the home budgeting software, Simply Budgets (http://www.simplybudgets.com/).

For more information, visit http://www.rbid.co or call 949/955-4900.

About: Institute for Information Industry (III)

III is one of the leading ICT Innovators with a staff of over 1,500 dedicated professionals, of which more than 70% hold a Master or above degree. Since its inception, III has been a source of vision, innovation, technological excellence and a major contributor to Taiwan's development into a significant player in the global ICT area. III's unique success is due to a well-orchestrated collaboration between the government and private sectors, which has drawn world wide attention. (WEF Information Technology report 2005 & 2006)

For more information, visit http://www.iii.org.tw.