IBAC Corporation Has Executed Contracts to Acquire National Hospitality Management Services Co., Inc. as Previously Announced by a Definitive Letter of Intent NEW YORK, Nov. 18, 2004 (PRIMEZONE) -- IBAC Corporation (Pink Sheets:ICAN), a restaurant owner/operator and management company, today announced that it has signed the contracts (which are subject to...

IBAC Corporation Announces It Has Named a President for Its Sanibel Restaurant Group Subsidiary NEW YORK, Nov. 18, 2004 (PRIMEZONE) -- IBAC Corporation (Pink Sheets:ICAN) announced today that Mr. Karl Wenzel has been named President & Chief Operating Officer of The Sanibel Restaurant Group,...