Internet Monitoring Service

IBNet PLC
21 May 2001


                           IBNET TO OFFER INTERNET                            
                     STOCKMARKET ABUSE MONITORING SERVICE                     
                           VIA HEMSCOTT PARTNERSHIP                          

IBNet  PLC,  ('IBNet') the Internet surveillance company, has today  announced
that it has agreed an exclusive partnership with Hemscott plc ('Hemscott') the
business  and investment information services provider, to market  Sharedetec,
IBNet's  internet  monitoring service that focuses on detecting  stock  market
abuse.

The  partnership with Hemscott will enable IBNet to access Hemscott's existing
extensive  client  base  of  quoted PLCs and its dedicated  sales  team.   The
product  will be called Hemscott Sharedetec and the two companies  will  share
the  revenues that are generated.  The Sharedetec product will compliment  the
other Investor Relations services that Hemscott offers to its customers.

Sharedetec  is an Internet monitoring service that addresses the threats  that
the  Internet poses to quoted companies through the misuse of bulletin  boards
and  chat  rooms.   Types of fraud that this service aims to  combat  includes
share  price  ramping,  'pumping and dumping'  shares,  reputation  abuse  and
misinformation.  The Hemscott Sharedetec product will monitor bulletin  boards
and  web-sites,  searching for comment and stories about  all  the  UK  listed
companies  which  the  user  has  selected -  fully  listed,  and  AIM  listed
companies.   The user is then immediately notified by means of a sophisticated
alert system on the users' desk-top.

Mark Ommanney, Chief Executive commented,

'  Sharedetec  is an invaluable tool for IR professionals.  It  is  vital  for
Companies who are subject to market abuse via the Internet to be able to  deal
with any problems as they occur.

'  I  am  delighted that we have formed this partnership with Hemscott.   This
will  enable  us  to  offer our services right into the heart  of  our  target
market.   We  are  able to take advantage of Hemscott's customer  base,  which
compliments  its  existing  Investor Relations products.   The  potential  for
IBNet's  Internet  monitoring services is huge and we  are  seeing  increasing
demand for our surveillance products.'

Rosalyn Wilton, Chief Executive of Hemscott said,

'  We  are leaders  in  value added information services.  Hemscott Sharedetec
will  be  another  complementary   product  in  our  portfolio  alongside  the
collaborations  with  Business   Wire  and  Virtue Broadcasting,  the  webcast
specialist  and  enhances the  core product  offering  for  our total investor
relations solution.'


Date: 21 May 2001

For further information contact:

IBNet PLC                                      City Profile Group
Mark Ommanney, Chief Executive                 Simon Courtenay / Ed Senior
020-7629-7676                                  020-7726-8588
web: www.ibnetplc.com                          e-mail: [e-mail]

Hemscott PLC                                   College Hill
Rosalyn Wilton, Chief Executive Officer        Matthew Smallwood
020-7496-0055                                  020-7457-2020


Note to Editors

Hemscott Plc

- Hemscott Plc is a leading business and investment information  provider that
  owns  and  operates  a  leading  database  providing  extensive  UK  company
  fundamentals  and directors information.  The company's main  focus  is  the
  distribution of financial, corporate and professional information.
 
- Hemscott  provides  data products, on-line investor  relations solutions and
  media  and  investment  services to a client base  comprised  of  UK  listed
  companies,  financial organisations, professional advisers and sophisticated
  retail investors.


IBNET Plc
                        IBNet plc - Company Information

IBNet  addresses  a  new  market based on a new medium,  the  Internet.   Many
companies  are either unaware of the potential threats and problems  to  brand
and  reputation  posed  by the Internet.  Some are aware  and  doing  nothing,
whilst  others  are taking tentative steps only to find that the  two  billion
pages  are  impossible to monitor manually.  IBNet's automated  system  allows
individuals  in  organisations  to  assume responsibility  and  take  positive
action.

Since IBNet's flotation on the Alternative Investment Market ('AIM') in March
2000,  it  has  been  successful  in securing  clients,  providing  monitoring
services  to a number of clients with world wide reputations in a  variety  of
business areas, including:

-    News and data provision
-    Telecommunications
-    Broadcasting, Music and Entertainment
-    Financial services and Banking
-    Logistics and secure transportation
-    Engineering

The core product, Netdetec has been targeted at large companies which need  to
monitor the Internet.

New Products

IBNet has created three  niche branded products using our technology and aimed
at specific markets:

- Branddetec  for  the protection of  brands.  This  is of enormous importance
  to companies whose global brands represent a large percentage of the overall
  worth of their business.

- Newsdetec   for  monitoring  breaking  news,  chat  rooms  and   fan   based
  communities.

- Sharedetec designed for stock market professionals and listed companies  who
  need to keep a close track on Internet Bulletin boards and Financial news.


Sharedetec  has  caught the imagination of the City and City  press  as  share
manipulation  on the Internet is known to be a growing and dangerous  problem.
Sharedetec  provides  a practical, economic and convenient  means  of  keeping
constant  track  of  comments on individual equities.  The  product  has  been
carefully  developed and priced to appeal to both financial  institutions  and
individual  companies  through a structure tied  to  the  number  of  equities
monitored.

Branddetec  and  Newsdetec products  are generating substantial  interest  and
importantly  customers, as a result of our appearance at  the  Brand  Show  in
London  in  October  and our continuing editorial presence in  relevant  trade
press.

Key Personnel

David Heynes   Chairman
Mark Ommanney  CEO
Mike Atkinson  Sales Director
Paul Mewett    Business Development Director
Robert Nayler  Technical Director
David Bickers  Head of Marketing

For more information visit:   www.ibnetplc.com
                              www.netdetec.com
                              www.sharedetec.com
                       Tel:   [phone]