Company press release

Travlang.com and ChinaBiG.com Form Strategic Alliance
BOCA RATON, FLORIDA and HONG KONG, CHINA, June 29, 2000 –

iiGroup, Inc.(OTCBB:iiGR - news) and ChinaBiG.com today announced that Travlang.com, a wholly owned subsidiary of iiGroup, and ChinaBiG, have signed a joint marketing agreement under which Travlang and ChinaBiG will trade advertising impressions in an effort to promote each site on the other’s property. The agreement is expected to drive millions of potentially new customers to each site.

"We are excited about being promoted through ChinaBiG.com’s popular business directory and information guide. We believe that this relationship will drive new users to our site who will greatly benefit from our foreign language and travel content," said Josh Greenberg, Vice President of Business Development for Travlang.com.

According to Lyle Wolf, the CEO of ChinaBiG.com, "Building brand awareness and forging solid traffic relationships with innovative and market-leading organizations is a cornerstone of our business strategy." Commenting on the joint marketing agreement, Mr. Wolf said, "We are excited to be working with Travlang.com. This agreement allows us to expose ChinaBiG.com to the millions of Internet customers that visit Travlang.com every month, providing increased traffic and revenue opportunities while at the same time enabling our existing customers to access Travlang.com’s unique content."

About ChinaBiG.com

ChinaBiG.com Limited is the leading supplier of yellow page services in China, with a focus on providing printed and electronic yellow page directories and value-added business information services. The company’s partners include China Unicom, the second largest and fastest growing integrated provider of telecommunications services in China, and R.H. Donnelley Corporation (NYSE: RHD), the leading independent marketer of multimedia yellow page advertising in the United States. The company has offices in Hong Kong, Beijing, Shenzhen, Guangzhou and New York. The ChinaBiG.com web site (http://www.ChinaBiG.com) is China's first bilingual online yellow pages, providing a comprehensive resource for the worldwide Chinese communities and for doing business with these communities. The fully multilingual site (in English and both simplified and traditional Chinese) provides instant access to millions of companies, products and services throughout the greater China area and is a complete one-stop resource for anyone interested in doing business in or with China.

About Travlang.com

Travlang.com is a foreign language and travel website that has existed for nearly five years and is recognized as the leader in providing free access to over seventy foreign language translation dictionaries to over one and a half million unique visitors a month. Travlang.com is a subsidiary of iiGroup, Inc., a public holding company. iiGroup, Inc. is an Internet strategic management company that invests in operating Internet companies and relevant technologies.

The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, regulatory approval processes, the impact of competitive products or pricing, unpredictability of patent protection, technological changes, the effect of economic conditions, and other uncertainties detailed in iiGroup, Inc.’s filings with the Securities and Exchange Commission.

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