Northern Lights Airlines new Canada-Tunisia flights

[Henry Tenby]

Northern Lights Airlines signs exclusive agreement with Tunisian government

MONTREAL, Sept. -- Northern Lights Airlines Ltd. a start
up charter airline 50% owned by ICBS Limited (PINKSHEETS: ICBM), today
announced that they have signed an exclusive agreement with the Tunisian
government for NLA's initial overseas routes, for both passenger and freight
service.

Direct flights will originate from Montreal and Toronto. The passenger
and freight revenue from this agreement is expected to exceed $40 million
dollars in revenue for Northern Lights Airlines. The company is expected to
extend this direct service from New York after the initial routes are
established.

Northern Lights Airlines will be working with the Tunisian Tourism
ministry to develope this new and exciting market. The company will be
offering Hotel and tour packages. The direct flight time is expected to be
eight hours and Tunisian offers world class accommodations at beautiful
Mediterranean sea side resorts.

"The opening of this new destination will allow Canadian and American
tourists the opportunity for something new and exciting. We want to be a
charter airline company that serves the most desirable tourism markets in the
world, and Tunisia is one of the best places to start," said ICBS President &
CEO Garth McIntosh, speaking from corporate headquarters in Montreal Tuesday. McIntosh also stated "the airline plans to start operations with 3 leased Boeing 767 aircraft."

You can visit NLA at: www.northernlightsairlines.com

This news release includes statements that constitute forward-looking
statements. Please be aware that any such forward-looking statements are not guarantees of future performance and involve significant risks and
uncertainties, and that actual results may vary materially from those in the
forward-looking statements as a result of any number of factors, including the
risk factors contained in the Company's disclosure documents.

[Alain Durand]

Betting the house,
they don't show inclinaition to add domestic routes as feeders for the long hauls
while carving a niche,
starting with Tunisia. Good strategy should they concentrate on YUL while adding the other french speaking countries litterally crying out for services to and from Canada. Next valuable additions in the short and mid-term could be Cameroon (Douala), Algeria (ALG, although in head on competition with Air Algérie's own 332 service), Ivory Coast (Abidjan)
List goes on
Alain

[Henry Tenby]

To be very honest, I will be very amazed if this airline even starts service. There have been many companies announce service from eastern Canada to the middle east and North Africa over the years and none has actually started operations. So we shall see if it really happens. If I hear anything I will post it here.