SOURCE: Image Globe Solutions Inc.

September 27, 2005 08:38 ET

Image Globe Solutions Announces Filing of U.S. Registration Statement on Form SB-2

TORONTO -- (MARKET WIRE) -- September 27, 2005 -- Image Globe Solutions Inc. (OTC: IGSS) today announced that it has filed a Registration Statement on Form SB-2 with the United States Securities and Exchange Commission to register common shares issued pursuant to the private placement of shares previously announced in April, 2005. The shares are being registered for future sales which may be made from time to time by the selling shareholders. None of the shares being registered are being sold by Image Globe Solutions, and the company will not receive any proceeds from the sale of any of the shares that have been registered should the Form SB-2 Registration Statement become effective. The company received US$240,000 from the private placement of shares in April, 2005. This is the first registration statement filed by Image Globe Solutions with the U.S. Securities and Exchange Commission.

Image Globe Solutions is a development stage company which continues to seek out and develop strategic initiatives designed to bring the company ongoing multiple revenue streams. Current initiatives include its previously announced development plans for sub-prime credit leasing, and its strategic investment in Nanonize Cutting Tools Corporation.

A registration statement relating to the securities mentioned has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This release shall not constitute an offer to sell or the solicitation of an offer to purchase, nor shall there be any sale of the securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of Image Globe Solutions Inc. officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act). Forward-Looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future Image Globe Solutions Inc. actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-Looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and Image Globe Solutions Inc. has no specific intention to update these statements.

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