209 - 475 Howe Street
Vancouver, BC Canada V6C 2B3
TEL: (604) 681-7748 • FAX: (604) 681-0568
Canadian Venture Exchange Symbol: PBX
EMAIL: [email protected]
WEB SITE: www.internationalpbx.com

November 5 , 2004

NEWS RELEASE- EMPLOYEE STOCK OPTION GRANTED

 

Subject to regulatory approval, the company has granted an employee stock option for 200,000 common shares exercisable at $0.38.

BY ORDER OF THE BOARD

Gary Medford

DIRECTOR

The TSE Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
The company relies on “forward- looking” statement litigation protection.