ISVG Confirms Multi-Million Dollar Funding and Investment Agreement; SkyberCorp Teams With IntraGlobis - Prepares Global Build Out Beginning in Brazil

HOUSTON--Aug. 7, 2003--Wireless industry innovators Integrated Services Group Inc. (OTC-PK:ISVG) and SkyberCorp Inc. are pleased to announce an agreement and funding plans between SkyberCorp's Brasilian Services Group, SkyberCorp do Brasil LTDA, and entities of the State of Goias, of Brasil. Under the terms of the licensing agreement, ISVG through SkyberCorp and IntraGlobis USA will receive funding for production facilities. Funding will also be used for the purchase of land to build such facilities. In addition, there will be loan guarantees to supply the first combined navigational and anti-theft tracking applications, services and manufacturing facilities in Brasil, utilizing a variety of technologies. This build out is intended to drive-in substantial revenues.

Integrated Services Group is an equity partner and has been working closely with several entities in Brasil to provide software and research in their efforts to build out an SyMPL (a patented system for mobile position and location) logistic platform and develop an integrated call center. Sales and service contracts for applications will be awarded for fleet monitoring. This will involve several major suppliers of telematics solutions and the establishment of a central call center in Goias. Insurance entities in Brasil are providing agreements to arrange funding through the major banks in Brasil.

As a critical part of the profit picture for ISVG, SkyberCorp Brasil has obtained a variety of import exemptions, which virtually eliminates import taxes for related materials used in this project. This most recent agreement and commitment of land and funding arrangements are a result of the aggressive and proactive attitude that the Goias government has exhibited in their efforts to attract major high technology to the state.

Steve Artz of ISVG stated, "This is the second step in building out a global company. Based on our association with the Brasilian industry leaders and the strong support of the government leaders, we are now better positioned to provide location-based software solutions for commercial fleets, police and others. This opportunity allows us to capitalize on Brasil's emerging market for technologies related mobile services."

About Integrated Services Group Inc.:

Integrated Services Group Inc. combines technologies that are needed in the delivery of a broad line of GPS and navigational services based on the handheld device form factor (Palm and Pocket PC) for use in all types of transportation. ISVG has pioneered innovative integrated systems to take advantage of the latest technologies. Integrated Services Group has a successful track record of identifying and utilizing emerging trends through its approach. Integrated Services Group's Web site is located at www.iserv.us

About SkyberCorp Inc.:

SkyberCorp is a software and applications services company focused on equity-based multilateral actions (joint ventures) of location-based services companies. SkyberCorp licenses software developed by Integrated Services Group and is 20% owned by ISVG. The SkyberCorp Web site is www.skybercorp.com

About Goias:

Goias is a proactive industry friendly state in central Brasil. The state is centrally located and aggressively supportive of commercial industry. Recently Goias has received widespread credit for its recent success in establishment of new industry. Contact Ridoval Darci Chiareloto, Secretary of Industry and Commerce, +55-62-565.4294 located in Goiania, Goias, Brasil. The supportive document related to this news release can be found as registered with his office. A link to images of documents related to the government of Goias' actions can be found at www.iserv.us/goias.htm

Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitations, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, and the Company's dependence on third-party suppliers.