IBS Interactive, Inc. d/b/a Digital Fusion Announces NASDAQ Delisting

Business Wire, June 6, 2001

Business Editors

TAMPA, Fla.--(BUSINESS WIRE)--June 6, 2001

IBS Interactive, Inc. d/b/a Digital Fusion (Nasdaq:IBSXE), today announced that NASDAQ has informed the Company that it's securities will be delisted from the NASDAQ primarily for it's failure to file it's 10-K annual report and 10-Q in a timely manner. The NASDAQ informed the Company that the delisting will be effective as of June 7, 2001.

The Company has completed its audit and will move forward with its Form 10-K and Form 10-Q filings as previously announced on May 17, 2001 (http://www.digitalfusion.com/ir_prbody.asp?nid=117).

The Company plans to file an immediate appeal to NASDAQ regarding its decision and plans to vigorously seek reinstatement as soon as possible.

About Digital Fusion

Digital Fusion provides comprehensive e-Business and information technology (IT) solutions to businesses, organizations and public sector institutions in the Eastern U.S. We have over 10 years of experience designing, developing, and integrating complex business systems, providing a range of services, including strategy, development, desktop support, network, and education services. For additional information regarding Digital Fusion's services, visit the Company web site at www.digitalfusion.com.

Forward Looking Statements. All statements other than statements of historical fact included in this release are forward-looking statements. When used in this release, words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the Company or its management, as well as assumptions made by and information currently available to the Company's management, identify forward-looking statements. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors including, but not limited to: the effect of business and economic conditions; the impact of competitive products and pricing; and capacity and supply constraints or difficulties. Such statements reflect the current views of the Company with respect to future events and are subject to these and other risks, uncertainties and assumptions relating to the operations, results of operations, growth strategy and liquidity of the Company.