iBill, a PHSL Worldwide, Inc. (OTC: PHSL) subsidiary, received a substantial boost when iBill entered into a line of credit with a New York institutional investor. This is great news for anyone considering PHSL for his or her portfolio! Not only will this credit facility substantially improve the liquidity of iBill, it also says loud and clear to the tune of $2 million that a knowledgeable investor has great confidence in the future revenue stream of iBill. The $2 million was drawn on December 31st of this past year. If you’ve been waiting and watching PHSL, now is the time to move!

iBill began its service to customers in 1996 and has a long track record. Not many companies of its kind can say they’ve been around for almost a decade! During that time, iBill has been building a trusted brand with consumers and online businesses with 27 million customers in 38 countries — and they don’t plan to stop! In 2004, iBill averaged one million transactions per month and completed some $280 million in gross transactions. If a savvy investor thinks that iBill is worth giving a line of credit to increase the liquidity, you have good reason to confidently add PHSL to your portfolio!

iBill sells access to online services and downloadable music, games, videos, personals, etc. to consumers through proprietary web-based payment applications. The iBill online payments systems work through global financial networks such as Visa® and MasterCard® and simultaneously provide password management controls for the life of the subscribing consumer. On-demand CRM (Customer Relationship Management) applications are provided to registered independent merchants, typically small and medium-sized businesses that need a cost-effective way to outsource non-core banking and finance functions.

PHSL is a media holding company which publishes magazines under the PENTHOUSE(TM) name in Mexico, pursuant to a pending license agreement with Penthouse Media Group. PHSL Worldwide has significant real estate holdings in Ixtapa, Mexico, slated for development. PHSL owns iBill, an online payment processor of credit cards and financial transactions. PHSL is majority owned by the Molina Vector Investment Trust, an entity controlled by Dr. Luis Enrique Fernando Molina. For more information about PHSL Worldwide, contact investor relations at invrel@invrel.net.

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