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                                                                    EXHIBIT 4.25

THIS WARRANT HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS
AMENDED, OR APPLICABLE STATE SECURITIES LAWS. THIS WARRANT MAY NOT BE SOLD,
OFFERED FOR SALE, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF AN EFFECTIVE
REGISTRATION STATEMENT AS TO THIS WARRANT UNDER SAID ACT AND APPLICABLE STATE
SECURITIES LAWS OR AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO INTEGRATED
BUSINESS SYSTEMS AND SERVICES, INC. THAT SUCH REGISTRATION IS NOT REQUIRED,
EXCEPT AS OTHERWISE SPECIFICALLY SET FORTH HEREIN.

                            Right to Purchase Up to 22,821,256 Shares of Common
                            Stock of INTEGRATED BUSINESS SYSTEMS AND SERVICES,
                            INC. (subject to adjustment)

                          COMMON STOCK PURCHASE WARRANT

                                                                 October 1, 2003

FOR GOOD AND VALUABLE CONSIDERATION, THE RECEIPT OF WHICH IS HEREBY
ACKNOWLEDGED, INTEGRATED BUSINESS SYSTEMS AND SERVICES, INC. (the "Company")
hereby agrees that GEE ENTERPRISES, LLC, whose address is c/o Bruce H. Seyburn,
Esq., Seyburn, Kahn, Ginn, Bess & Serlin, P.C., 2000 Town Center, Suite 1500,
Southfield, Michigan 48075 ("Investor"), is entitled to purchase from the
Company at any time or from time to time ON OR AFTER OCTOBER 1, 2004 BUT BEFORE
5:00 P.M., DETROIT TIME, ON DECEMBER 31, 2006 (or if such date is not a Business
Day, then at 5 p.m. Detroit time on the first Business Day after such date), up
to 22,821,256 shares of the Company's fully paid and nonassessable shares of
common stock, no par value per share ("Common Stock") at a purchase price
described below (the "Purchase Price").

Purchase Price. The Purchase Price per share shall be equal to seven and
three-eighths cents ($0.07275).

Representations and Warranties. The Company represents and warrants to the
Investor, as follows:

         (a)      Corporate Existence. The Company is a corporation duly
incorporated, validly existing and in good standing under South Carolina law and
has unconditional power and authority to conduct its business and own its
properties as now conducted and owned. The Company is qualified as a foreign
corporation to do business in all jurisdictions in which the nature of its
properties and business requires such qualification and in which noncompliance
with such qualification would materially affect the Company's business.

         (b)      Power and Authority. The Company has unconditional power and
authority, and has taken all required corporate and other action necessary
(including stockholder approval, if necessary) to execute and deliver this
Warrant, to issue and sell the Stock as herein provided and otherwise to carry
out the terms of this Agreement, and none of such actions violate any provision
of the Company's Bylaws or Articles of Incorporation, or result in the breach of
or constitute a default under any agreement or instrument to which the Company
is a party or by which it is bound, or result in the creation or imposition of
any material lien, claim or encumbrance on any Company asset. This Warrant
constitutes the valid and binding obligation of the Company, enforceable against
the Company in accordance with its terms.

         (c)      Ownership and Status of Stock. As of December 31, 2001, , the
Company has approximately 17,774,694 shares of Common Stock issued and
outstanding and approximately 5,361,539 shares issuable upon the exercise of
then-outstanding options or warrants or upon conversion of any then-outstanding
convertible security As of October 1, 2003, the Company had approximately
23,656,051 shares of Common Stock issued and outstanding, and approximately
66,778,044 shares issuable upon the exercise of then-outstanding options or
warrants or upon the conversion of any then-outstanding convertible security.
The Company has no shares of preferred stock (nor any other shares of stock)
issued or outstanding at this time, nor does the Company have issued or
outstanding any warrants, convertible securities, convertible debt, options, or
any other rights in the hands of any third party which

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are convertible into shares of Common Stock except as set forth on the Company's
Capitalization Table dated December 28, 2001. No shares of Common Stock are held
in the Company's treasury. No shares of Common Stock are entitled to any
cumulative voting rights, pre-emptive rights (other than as set forth in
documents executed contemporaneously herewith).

As used herein the following terms have the following meanings:

                  A. The term "COMPANY" shall include Integrated Business
Systems and Services, Inc. and any corporation which shall succeed to or assume
the obligations of Integrated Business Systems and Services, Inc.

                  B. The term "COMMON STOCK" includes (a) the Company's Common
Stock, no par value per share, as authorized on the date of this Warrant, (b)
any other capital stock of any class or classes (however designated) of the
Company, authorized on or after such date, the holders of which shall have the
right, without limitation as to amount, either to all or to a share of the
balance of current dividends and liquidating dividends after the payment of
dividends and distributions on any shares entitled to preference, and the
holders of which shall be entitled to vote for the election of directors of the
Company and (c) any other securities into which or for which any of the
securities described in (a) or (b) may be converted or exchanged pursuant to a
plan of recapitalization, reorganization, merger, sale of assets or otherwise.

                  C. The term "SHARES" means the Common Stock issued or issuable
upon exercise of this Warrant.

                  D. The term "SECURITIES ACT" means the Securities Act of 1933,
or any successor federal statute, and the rules and regulations of the
Securities and Exchange Commission thereunder, all as the same shall be in
effect at the time.

                  E. The term "SECURITIES AND EXCHANGE COMMISSION" or
"COMMISSION" refers to the Securities and Exchange Commission or any other
federal agency then administering the Securities Act.

                  F. The term "SECURITIES EXCHANGE ACT" means the Securities
Exchange Act of 1934 or any successor federal statute, and the rules and
regulations of the Securities and Exchange Commission thereunder, all as the
same shall be in effect at the time.

                  G. The term "BUSINESS DAY" shall mean any day on which the
NASDAQ Stock Market is open for trading in the United States.

1.       Exercise of Warrant. This Warrant may be exercised by the Investor in
         whole or in part by surrender of this Warrant, with the form of
         subscription attached as EXHIBIT A (the "SUBSCRIPTION FORM") duly
         executed by the Investor, to the Company at its principal office or at
         the office of its Warrant agent (as provided in Section 10),
         accompanied by a full recourse secured promissory note, payable upon
         the earlier of five days following written notice that the Securities
         and Exchange Commission has declared effective the registration
         statement described in Sections 1 and 8 hereof or two years from the
         date of issuance of such note, in the form attached as EXHIBIT B (the
         "SECURED NOTE).

         All payments by the Investor with respect to the Secured Note shall be
         used by the Company to repay its Amended And Restated Class A Secured
         Debenture and its Amended And Restated Class B Secured Debenture.
         Company hereby authorizes Investor to make payments of the exercise
         price hereunder directly to the holders of the Class A and Class B
         Debenture.

         Upon exercise of the Warrant by the Investor, the Company shall proceed
         to file a registration statement with the Securities and Exchange
         Commission to register the shares of Common Stock underlying the
         exercised Warrant in accordance with Section 8 hereof within 60 days of
         the exercise of the Warrant. The Company shall have up to six months
         from the date of the exercise of this Warrant to cause the Securities
         and Exchange Commission to have the registration statement declared
         effective. If the Company is not able to cause the Securities and
         Exchange Commission to declare the registration statement effective
         within such six month period, the

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         Purchase Price for this Warrant and the principal balance of the
         Secured Note shall be reduced 1.5% per month for each month or portion
         thereof in the next succeeding six months during which the Company is
         unable to cause the Securities and Exchange Commission to declare the
         registration statement effective, and shall be reduced 2.5% per month
         or portion thereof in the next succeeding 12 months thereafter during
         which the Company is unable to cause the Securities and Exchange
         Commission to declare the registration statement effective. If
         exercise(s) of this Warrant occur prior to the Expiration Date hereof
         for less than the full amount of the shares which are subject to this
         Warrant, the Company will issue a new Warrant or Warrants of like
         tenor, in the name of the Investor for the number of shares remaining
         unpurchased under the Warrant.

1A.      Covenant Against Public Transfer. Holder agrees that, upon exercise of
         this Warrant and the Company's issuance of shares pursuant thereto (the
         "Issued Shares"), Holder will refrain from selling, transferring or
         otherwise disposing of such Issued Shares, in a transaction involving a
         national securities exchange, the NASDAQ, or other brokers' board,
         prior to October 1, 2004, except in connection with a sale of
         substantially all of the outstanding shares of Company.

2.       Delivery of Stock Certificates etc. on Exercise. The Company agrees
         that the shares of Common Stock purchased upon exercise of this Warrant
         shall be deemed to be issued to the Investor hereof as the record owner
         of such shares as of the close of business on the date on which this
         Warrant shall have been surrendered and payment made for such shares as
         aforesaid.

         As soon as practicable after the exercise of this Warrant in full or in
         part, and in any event within 10 days thereafter, the Company at its
         expense will cause to be issued in the name of the Investor hereof a
         certificate or certificates for the number of duly and validly issued,
         fully paid and nonassessable shares of Common Stock to which such
         Investor shall be entitled on such exercise. To the extent the Purchase
         Price is paid by a promissory note, the certificate or certificates
         will be held in escrow until the note is paid in full.

3.       Adjustments for Anti-Diluting Issues; Fractional Share Payments; Taxes.

3.1      Adjustment for Subdivisions and Certain Dividends and Distributions. If
         the Company shall at any time (i) make subdivision of shares of Common
         Stock outstanding or (ii) pay a dividend or make a distribution in
         shares of Common Stock, the Purchase Price in effect immediately prior
         to such action shall be proportionately decreased and the number of
         Shares which may be purchased hereunder shall be proportionately
         increased. If the Company shall at any time reduce the number of shares
         of Common Stock outstanding, by combination or otherwise, the Purchase
         Price in effect immediately prior to such combination shall be
         proportionately increased and the number of Shares which may be
         purchased hereunder shall be proportionately decreased. Any adjustment
         made pursuant to this Section 3.1 shall, in the case of a subdivision
         or combination, become effective as of the effective date thereof, and
         shall, in the case of a dividend or distribution, become effective as
         of the close of business of the record date for the determination of
         shareholders entitled thereto.

3.2      Adjustment for Other Dividends and Distributions. In the event the
         Company at any time or from time to time shall make or issue, or fix a
         record date for the determination of holders of Common Stock entitled
         to receive, a dividend or other distribution payable in securities of
         the Company other than shares of Common Stock, then and in each such
         event provision shall be made so that the holder of this Warrant shall
         receive upon exercise of this Warrant the amount of securities of the
         Company that it would have received had this Warrant been converted
         into Common Stock on the date of such event and had thereafter, during
         the period from the date of such event to and including the exercise
         date, retained such securities receivable by it as aforesaid during
         such period, giving application to all other adjustments called for
         during such period under this Section 3 with respect to the rights of
         the holder of this Warrant.

3.3      Adjustment for Reorganizations, Reclassifications and Other Changes. If
         the Common Stock issuable upon the exercise of this Warrant shall be
         changed into the same or a different number of shares of any class or
         classes of stock, whether by capital reorganization, reclassification
         or otherwise (other than a merger, consolidation or sale of assets as
         provided in Section 3.4 below,

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         or a subdivision or combination of shares or stock dividend provided
         for in Section 3.1 above, or a reorganization provided for in Section
         3.4 below), then and in each such event the holder of this Warrant
         shall have the right thereafter to convert this Warrant into the kind
         and amounts of shares of stock and other securities and property
         receivable upon such reorganization, reclassification or other change,
         by holders of the number of shares of Common Stock into which this
         Warrant might have been converted immediately prior to such
         reorganization, reclassification or change, all subject to further
         adjustment as provided herein.

3.4      Adjustment for Mergers, Considerations or Sales of Assets. If at any
         time or from time to time there shall be a capital reorganization of
         the Company's capital stock (other than a subdivision, combination,
         reclassification or exchange of shares provided for elsewhere in this
         Section 3) or a merger or consolidation of the Company with or into
         another corporation, or the sale of all or substantially all the
         Company's properties and assets to any other person, then, as a part of
         such reorganization, merger, consolidation or sale, provision shall be
         made so that the holder of this Warrant shall thereafter be entitled to
         receive upon exercise of this Warrant, the number of shares of stock or
         other securities of property of the Company, or of the successor
         corporation resulting from such merger or consolidation or sale, to
         which a holder of that number of shares of Common Stock deliverable
         upon exercise of this Warrant would have been entitled on such capital
         reorganization, merger, consolidation or sale. In any such case,
         appropriate adjustment shall be made in the application of the
         provisions of this Section 3 with respect to the rights of the Holder
         of this Warrant after the reorganization, merger, consolidation or sale
         to the end that the provisions of this Section 3 (including adjustment
         of the Purchase Price then in effect and the number of shares issuable
         upon exercise of this Warrant) shall be applicable after that event as
         nearly equivalent as may be practicable.

3.5      Adjustment for Sales Below Purchase Price. For purposes of this Section
         3.5, "ADDITIONAL SHARES OF COMMON STOCK" shall mean all shares of
         Common Stock issued or deemed issued by the Company after the date
         hereof, whether or not subsequently reacquired or retired by the
         Company, excluding (i) shares of Common Stock issued upon exercise of
         this Warrant; and (ii) up to 4,882,776 shares of Common Stock (as
         adjusted for all stock dividends, stock splits, subdivisions and
         combinations) issued to employees, officers, directors, consultants or
         other persons performing services for the Company (if so issued solely
         because of any such person's status as an officer, director, employee,
         consultant or other person performing services for the Company and not
         as part of any offering of the Company's securities) pursuant to any
         warrant, stock option plan, stock purchase plan, management incentive
         plan, consulting agreement or arrangement or other contract or
         undertaking approved by the Board.

                  (1)      If at any time or from time to time the Company shall
                  issue or sell Additional Shares of Common Stock, other than
                  pursuant to Sections 3.1, 3.2, 3.3 or 3.4 above, for a
                  consideration per share less than the then existing Purchase
                  Price, then and in each case the then existing Purchase Price
                  shall be reduced, as of the opening of business on the date of
                  such issue or sale, to a price determined by multiplying the
                  existing Purchase Price by a fraction (A) the numerator of
                  which shall be (x) the number of shares of Common Stock
                  outstanding immediately prior to such issue or sale, plus (y)
                  the number of shares of Common Stock that the aggregate
                  consideration received by the Company for the total number of
                  Additional Shares of Common Stock so issued would purchase at
                  such Purchase Price, and (B) the denominator of which shall be
                  the number of shares of Common Stock outstanding immediately
                  prior to such issue or sale plus the number of such Additional
                  Shares of Common Stock so issued. In addition, upon each
                  adjustment to the Purchase Price pursuant to this Section 3.5
                  (1), the number of Shares of Common Stock purchasable upon
                  exercise of this Warrant shall also be adjusted to that number
                  of Shares of Common Stock obtained by multiplying (i) the
                  number of Shares of Common Stock purchasable immediately prior
                  to such adjustment upon exercise of this Warrant; by (ii) the
                  Purchase Price in effect prior to such adjustment; and,
                  dividing the product so obtained by the new Purchase Price.

                  (2)      For the purpose of making any adjustment in the
                  Purchase Price or number of shares of Common Stock purchasable
                  on exercise of this Warrant as provided above, the
                  consideration received by the Company for any issue or sale of
                  securities shall:

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                           (A)      to the extent it consists of cash, be
                           computed at the net amount of cash received by the
                           Company after deduction of any underwriting or
                           similar commissions, concessions or compensation paid
                           or allowed by the Company in connection with such
                           issue or sale;

                           (B)      to the extent it consists of services or
                           property other than cash, be computed at the fair
                           value of such services or property as determined in
                           good faith by the Board; and

                           (C)      if Additional Shares of Common Stock,
                           Convertible Securities (as hereinafter defined), or
                           rights or options to purchase either Additional
                           Shares of Common Stock or Convertible Securities are
                           issued or sold together with other stock or
                           securities or other assets of the Company for a
                           consideration that covers both, be computed as the
                           portion of the consideration so received that may be
                           reasonably determined in good faith by the Board to
                           be allocable to such Additional Shares of Common
                           Stock, Convertible Securities or rights or options.

                  (3)      For the purpose of the adjustment provided in Section
                  3.5(1), if the Company shall issue any rights or options for
                  the purchase of, or stock or other securities convertible
                  into, Additional Shares of Common Stock (such convertible
                  stock or securities being hereinafter referred to as
                  "CONVERTIBLE SECURITIES"), then, in each case, if the
                  Effective Price (as hereinafter defined) of such rights,
                  options or Convertible Securities shall be less than the then
                  existing Purchase Price, the Company shall be deemed to have
                  issued at the time of the issuance of such rights or options
                  or Convertible Securities the maximum number of Additional
                  Shares of Common Stock issuable upon conversion or exercise
                  thereof and to have received as consideration for the issuance
                  of such shares an amount equal to the total amount of the
                  consideration, if any, received by the Company for the
                  issuance of such rights or options or Convertible Securities,
                  plus, in the case of such options or rights, the minimum
                  amounts of consideration, if any, payable to the Company upon
                  exercise or conversion of such options or rights. For purposes
                  of the foregoing, "EFFECTIVE PRICE" shall mean the quotient
                  determined by dividing the total of all such consideration by
                  such maximum number of Additional Shares of Common Stock. No
                  further adjustment of the Purchase Price adjusted upon the
                  issuance of such rights, options or Convertible Securities
                  shall be made as a result of the actual issuance of Additional
                  Shares of Common Stock on the exercise of any such rights or
                  options or the conversion of any such Convertible Securities.
                  If any such rights or options or the conversion privilege
                  represented by any such Convertible Securities shall expire
                  without having been exercised, the Purchase Price adjusted
                  upon the issuance of such rights, options or Convertible
                  Securities shall be readjusted to the Purchase Price that
                  would have been in effect had an adjustment been made on the
                  basis that the only Additional Shares of Common Stock so
                  issued were the Additional Shares of Common Stock, if any,
                  actually issued or sold on the exercise of such rights or
                  options, or rights of conversion of such Convertible
                  Securities, and such Additional Shares of Common Stock, if
                  any, were issued or sold for the consideration actually
                  received by the Company upon such exercise, plus the
                  consideration, if any, actually received by the Company for
                  the granting of all such rights and options, whether or not
                  exercised, plus the consideration received for issuing or
                  selling the Convertible Securities actually converted plus the
                  consideration, if any, actually received by the Company on the
                  conversion of such Convertible Securities.

                  (4)      For the purpose of the adjustment provided for in
                  Section 3.5(1), if the Company shall issue any rights or
                  options for the purchase of Convertible Securities, then in
                  each such case, if the Effective Price thereof is less than
                  the existing Purchase Price, the Company shall be deemed to
                  have issued at the time of the issuance of such rights or
                  options the maximum number of Additional Shares of Common
                  Stock issuable upon conversion of the total amount of
                  Convertible Securities covered by such rights or options and
                  to have received as consideration for the issuance of such
                  Additional Shares of Common Stock an amount equal to the
                  amount of consideration, if any, received by the

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                  Company for the issuance of such rights or options, plus the
                  minimum amounts of consideration, if any, payable to the
                  Company upon the conversion of such Convertible Securities.
                  For the purposes of the foregoing, "EFFECTIVE PRICE" shall
                  mean the quotient determined by dividing the total amount of
                  such consideration by such maximum number of Additional Shares
                  of Common Stock. No further adjustment of such Purchase Price
                  adjusted upon the issuance of such rights or options shall be
                  made as a result of the actual issuance of the Convertible
                  Securities upon the exercise of such rights or options or upon
                  the actual issuance of Additional Shares of Common Stock upon
                  the conversion of such Convertible Securities. The provisions
                  of Section 3.5(3) for the readjustment of such Purchase Price
                  upon the expiration of rights or options or the rights of
                  conversion of Convertible Securities, shall apply mutatis
                  mutandis to the rights, options and Convertible Securities
                  referred to in this Section 3.5(4).

3.6      Fractional Share Payment. No fractional shares or script representing
         fractional shares shall be issued upon the exercise of this Warrant and
         if the exercise of this Warrant results in a fraction, in lieu of any
         such fractional share the Company shall pay cash equal to such fraction
         multiplied by the then effective Purchase Price.

3.7      Taxes. The issuance of certificates for shares of Common Stock upon the
         exercise of this Warrant shall be made without charge to the Investor
         for any tax in respect of the issuance of such certificates, and such
         certificates shall be issued in the respective names of, or in such
         names as may be directed by, the Investor; provided, however, that the
         Company shall not be required to pay any tax which may be payable in
         respect of any transfer involved in the issuance and delivery of any
         such certificate in the name other than that of the Investor, and the
         Company shall not be required to issue or deliver such certificates
         unless or until the person or persons requesting the issuance thereof
         shall have paid to the Company the amount of such tax or shall have
         establish to the satisfaction of the Company that such tax has been
         paid.

3.8      Accountant's Certificate as to Adjustments. In the case of any
         adjustment or readjustment in the Purchase Price or number of shares of
         Common Stock issuable on the exercise of this Warrant, the Company at
         its expense will promptly cause independent certified public
         accountants of recognized standing selected by the Company to compute
         such adjustment or readjustment in accordance with the terms of this
         Warrant and prepare a certificate setting forth such adjustment or
         readjustment and showing in detail the facts upon which such adjustment
         or readjustment is based, including a statement of (a) the
         consideration received or receivable by the Company for any additional
         shares of Common Stock issued or sold or deemed to have been issued or
         sold, (b) the number of shares of Common Stock outstanding or deemed to
         be outstanding, and (c) the Purchase Price in effect and number of
         shares of Common Stock for which this Warrant was exercisable
         immediately prior to such issue or sale and as each is adjusted and
         readjusted on account thereof. The Company will forthwith mail a copy
         of each such certificate to Investor.

4.       No Dilution or Impairment. The Company will not, by amendment of its
         certificate of incorporation or through any reorganization, transfer of
         assets, consolidation, merger, dissolution, issue or sale of securities
         or any other voluntary action, avoid or seek to avoid the observance or
         performance of any of the terms of this Warrant, but will at all times
         in good faith assist in the carrying out of all such terms and in the
         taking of all such action as may be necessary or appropriate in order
         to protect the rights of the holders of this Warrant against dilution
         or other impairment. Without limiting the generality of the foregoing,
         the Company (a) will not increase the par value of any shares of stock
         receivable on the exercise of this Warrant above the amount payable
         therefor on such exercise, (b) will at all times reserve and keep
         available out of its authorized capital stock, solely for the purpose
         of issue upon exercise of this Warrant as herein provided, such number
         of shares of Common Stock as shall then be issuable upon exercise of
         this Warrant in full and shall take all such action as may be necessary
         or appropriate in order that all shares of Common Stock that shall be
         so issuable shall be duly and validly issued and fully paid and
         nonassessable and free from all taxes, liens and charges with respect
         to the issue thereof, (c) will not effect a subdivision or split up of
         shares or similar transaction with respect to any class of the Common
         Stock without effecting an equivalent transaction with respect to all
         other classes of Common Stock, and (d) will not issue any capital stock
         of any class which is preferred as to dividends or as to the
         distribution of assets upon voluntary or involuntary dissolution,
         liquidation or winding up,

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         unless the rights of the holders thereof shall be limited to a fixed
         sum or percentage of par value in respect of participation in dividends
         and in any such distribution of assets.

5.       REPORTING REQUIREMENTS. Prior to the exercise or expiration of the
         right to EXERCISE THIS WARRANT; TO THE EXTENT THE FOLLOWING DOCUMENTS
         AND/OR INFORMATION IS NOT, AT THE TIMES INDICATED BELOW (including any
         extension of such times as permitted under the regulations of the
         Securities and Exchange commission), AVAILABLE PUBLICLY THROUGH THE
         INTERNET OR THROUGH THE EDGAR FILING SYSTEM ACCESSIBLE THROUGH THE
         SECURITIES AND EXCHANGE COMMISSION'S WEB SITE AT (HTTP://WWW.SEC.GOV),
         the Company shall furnish to the Investor:

                  (a) Within 45 days after the end of each of the first three
         calendar quarterly accounting periods in each fiscal year of the
         Company unaudited consolidated income statements of the Company and its
         subsidiaries for each such quarterly period and for the six-month and
         nine-month periods, as applicable, from the beginning of the applicable
         fiscal year to the end of the applicable calendar quarter, and a
         consolidated balance sheet of the Company and its subsidiaries as of
         the end of each such quarterly period, setting forth in each case
         comparisons to the corresponding period(s) in the preceding fiscal
         year, all such statements having been prepared in accordance with
         generally accepted accounting principles, consistently applied; and, to
         the extent requested by the INVESTOR, comparisons in each case to the
         Company's quarterly budget for the corresponding quarterly period;
         provided, however, that where the Company or its counsel reasonably
         deems such budget information to constitute material non-public
         information under applicable federal or state securities laws, then the
         Company shall have no obligation to deliver such budget information
         hereunder unless and until Investor has executed such confidentiality
         and public trading lock-up agreements as shall be deemed satisfactory
         to the Company and its legal counsel.

                  (b) Within 90 days after the end of each fiscal year of the
         Company, consolidated statements of income of the Company and its
         subsidiaries for such fiscal year, and a consolidated balance sheet of
         the Company and its subsidiaries as of the end of such fiscal year,
         setting forth in each case comparisons to the preceding fiscal year,
         all prepared in accordance with generally accepted accounting
         principles, consistently applied; and accompanied by (i) a copy of the
         opinion received by the Company from an independent accounting firm of
         recognized standing acceptable to the Investor, (ii) to the extent
         requested by the Investor, a certificate from such accounting firm,
         addressed to the Company's board of directors, stating that in the
         course of its examination nothing came to its attention that caused it
         to believe that there was any default by the Company or any of its
         subsidiaries in the fulfillment of or compliance with any of the terms,
         covenants, provisions or conditions of any material agreement to which
         the Company or any such subsidiary is a party or, if such accountants
         have reason to believe any such default by the Company or any such
         subsidiary exists, a certificate specifying the nature and period of
         existence thereof, (iii) to the extent requested by the Investor, a
         copy of such firm's annual management letter to the board of directors;
         and (iv) to the extent requested by the INVESTOR, comparisons of the
         Company's statements of income to the Company's annual budget for the
         corresponding annual period; provided, however, that where the Company
         or its counsel reasonably deems such budget information to constitute
         material non-public information under applicable federal or state
         securities laws, then the Company shall have no obligation to deliver
         such budget information hereunder unless and until Investor has
         executed such confidentiality and public trading lock-up agreements as
         shall be deemed satisfactory to the Company and its legal counsel.

                  (c) Promptly following receipt thereof, any additional
         reports, management letters or other detailed information concerning
         significant aspects of the Company's operations and financial affairs
         given to the Company by its independent accountants (and not otherwise
         contained in other materials provided hereunder);

                  (d) At least 30 days but not more than 90 days prior to the
         end of each fiscal year of the Company, to the extent requested by the
         INVESTOR, an annual budget prepared on a monthly basis for the Company
         and its subsidiaries for the succeeding fiscal year (displaying
         anticipated statements of income, changes in financial position and
         balance sheets), and promptly upon preparation thereof any other
         significant budgets which the Company prepares and any revisions

<PAGE>

         of such annual or other budgets; provided, however, that where the
         Company or its counsel reasonably deems such budget information to
         constitute material non-public information under applicable federal or
         state securities laws, then the Company shall have no obligation to
         deliver such budget information hereunder unless and until the Investor
         has executed such confidentiality and public trading lock-up agreements
         as shall be deemed satisfactory to the Company and its legal counsel.

                  (e) Within ten days after transmission thereof, copies of all
         financial statements, proxy statements, reports and any other general
         written communications which the Company sends to its stockholders and
         copies of all registration statements and all regular, special or
         periodic reports which it files, or any of its officers or directors
         file with respect to the Company, with the Securities and Exchange
         Commission or with any securities exchange on which any of the
         Company's securities are then listed, and copies of all press releases
         and other statements made available generally by the Company to the
         public concerning material developments in the Company's business; and

                  (f) With reasonable promptness, such other information and
         financial data concerning the Company and its Subsidiaries as any
         person entitled to receive information under this Section 5 may
         reasonably request.

                  (g) Accompanying the financial statements referred to in
         subparagraph (a) above, to the extent requested by the Investor, an
         Officer's Certificate from the Chief Financial Officer of the Company
         stating that neither the Company nor any of its subsidiaries is in
         default under any of its other material agreements or, if any such
         default exists, specifying the nature and period of existence thereof,
         and what actions the Company and its subsidiaries have taken and
         propose to take with respect thereto.

         Each of the financial statements referred to in subparagraph (a) and
(b) above will be true and correct in all material respects as of the dates and
for the periods stated therein, subject in the case of the unaudited financial
statements to changes resulting from normal year-end audit adjustments.

         The Company shall permit the Investor, or agents thereof, at any
reasonable time and from time to time to examine and make copies of and extracts
from the records and books of account of, and visit the properties of, the
Company and any of its subsidiaries, and to discuss the affairs, finances, and
accounts of the Company and any of the subsidiaries with any of their officers
or directors and independent accountants. The Investor's rights under this
subparagraph shall be conditioned upon the prior execution by Investor and
delivery to the Company of an appropriate confidential and public trading
lock-up agreement with the Company.

6.       [RESERVED]

7.       Assignment; Exchange of Warrant. With the prior written consent of the
         Company (which shall not be unreasonably withheld or delayed), this
         Warrant may be transferred by Investor (a "Transferor") with respect to
         any or all of the Shares; provided, however, that any member of
         Investor may assign or transfer its membership interest in Investor
         without obtaining the consent of the Company. On the surrender for
         exchange of this Warrant, with the Transferor's endorsement in the form
         of EXHIBIT C attached hereto (the "TRANSFEROR ENDORSEMENT FORM"), the
         Company at its expense will issue and deliver to or on the order of the
         Transferor thereof a new Warrant or Warrants of like tenor, in the name
         of the Transferor and/or the transferee(s) specified in such Transferor
         Endorsement Form (each a "TRANSFEREE"), filling in the aggregate on the
         face or faces thereof for the number of shares of Common Stock called
         for on the face or faces of the Warrant so surrendered by the
         Transferor.

8.       Registration Rights, Procedure; Indemnification. The Company shall
         within one hundred eighty (180) days following the date of this Warrant
         prepare and file at its expense with all applicable federal, state and
         stock exchange authorities, and use its best efforts to cause to become
         effective as soon as possible (but in any event within 180 days after
         the date hereof), a registration statement with respect to the Common
         Stock issued by the Company in connection with the exercise of this
         Warrant to enable the holder of this Warrant to resell such Common

<PAGE>

         Stock following the effective date of the registration statement,
         subject, however, to any limitations on resale that may be imposed by
         law if holder is an affiliate of the Company. The Company shall also
         file the appropriate applications with the NASDAQ Stock Market , or the
         Over-the-Counter Bulletin Board so that such Common Stock is freely
         tradeable on the NASDAQ Stock Market , or the Over-the-Counter Bulletin
         Board following the effective date of the registration statement. If
         the Company is unable to cause the Securities and Exchange Commission
         to declare the registration statement effective within such time
         period, then the number of Shares which holder may purchase upon
         exercise of this Warrant shall increase by 40% (i.e., the number of
         Shares that are subject to this Warrant shall be increased by a
         multiple of 1.40). At its expense, the Company will keep the
         registration effective for so long as the holder holds shares of Common
         Stock (or, if earlier, until such time as Investor may sell all of its
         stock in a single transaction on the NASDAQ Stock Market, or the
         Over-the-Counter Bulletin Board without registration, pursuant to Rule
         144 of the Securities Act of 1933). The Company shall indemnify the
         holder against any losses, claims, damages or expenses (including
         reasonable attorney fees) arising out of any untrue statement or
         alleged untrue statement of any material fact contained in any
         registration statement filed by the Company pursuant to this Warrant
         (except for erroneous information supplied to the Company by the
         holder).

9.       Replacement of Warrant. On receipt of evidence reasonably satisfactory
         to the Company of the loss, theft, destruction or mutilation of the
         Warrant and, in the case of any such loss, theft or destruction of the
         Warrant, on delivery of an indemnity agreement or security reasonably
         satisfactory in form and amount to the Company or, in the case of any
         such mutilation, on surrender and cancellation of the Warrant, the
         Company at its expense will execute and deliver, in lieu thereof, a new
         Warrant of like tenor; provided, however, if the original Investor is
         the registered holder and the Warrant is lost, stolen or destroyed, the
         affidavit of the President, Treasurer or any Assistant Treasurer of the
         registered holder setting forth the circumstances with respect to such
         loss, theft or destruction shall be accepted as satisfactory evidence
         thereof, and no indemnity bond or other security shall be required as a
         condition to the execution and delivery by the Company of a new Warrant
         in replacement of such lost, stolen or destroyed Warrant other than the
         registered holder's written agreement to indemnify the Company.

10.      Warrant Agent. The Company may, by written notice to Investor, appoint
         an agent for the purpose of issuing Common Stock on the exercise of the
         Warrant pursuant to Section 1, exchanging the Warrant pursuant to
         Section 7, and replacing the Warrant pursuant to Section 9, or any of
         the foregoing, and thereafter any such issuance, exchange or
         replacement, as the case may be, shall be made at such office by such
         agent.

11.      Remedies. The Company stipulates that the remedies at law of the holder
         of this Warrant in the event of any default or threatened default by
         the Company in the performance of or compliance with any of the terms
         of this Warrant are not and will not be adequate, and that such terms
         may be specifically enforced by a decree for the specific performance
         of any agreement contained herein or by an injunction against a
         violation of any of the terms hereof or otherwise.

12.      Transferability, etc. This Warrant is issued upon the following terms,
         to all of which each holder or owner hereof by the taking hereof
         consents and agrees:

         (a)      title to this Warrant or a portion hereof may be transferred
                  by endorsement (by the Transferor executing the Transferor
                  Endorsement Form) and delivery in the manner set forth in
                  Section 7 following any required consent by the Company;

         (b)      subject to the Company consent requirements in Section 7, any
                  person in possession (which possession may be joint) of this
                  Warrant with an executed Transferor Endorsement Form naming
                  such person as a Transferee under the heading "Transferees" is
                  authorized to represent himself as absolute owner of the
                  portion of this Warrant stated in such Transferor Endorsement
                  Form opposite the name of such person under the heading
                  "Number Transferred" and is empowered to transfer absolute
                  title to such portion of this Warrant by endorsement and
                  delivery thereof to a bona fide purchaser thereof for value;
                  each prior taker or owner waives and renounces all of his
                  equities or rights in this Warrant in favor of each such bona
                  fide purchaser, but shall

<PAGE>

                  remain obligated under any confidentiality agreement and/or
                  public trading lock-up agreement executed in connection with
                  this Warrant and each such bona fide purchaser shall acquire
                  absolute title hereto and to all rights represented hereby;
                  and

         (c)      until this Warrant is transferred on the books of the Company,
                  the Company may treat the registered holder hereof as the
                  absolute owner hereof for all purposes, notwithstanding any
                  notice to the contrary.

13.      Notices, etc. All notices and other communications from the Company to
         the holder of this Warrant shall be mailed by first class registered or
         certified mail, postage prepaid, at such address as may have been
         furnished to the Company in writing by such holder or, until any such
         holder furnishes to the Company an address, then to, and at the address
         of, the last holder of this Warrant who has so furnished an address to
         the Company.

14.      Miscellaneous. This Warrant and any term hereof may be changed, waived,
         discharged or terminated only by an instrument in writing signed by the
         party against which enforcement of such change, waiver, discharge or
         termination is sought. This Warrant shall be construed and enforced in
         accordance with and governed by the laws of the State of Michigan. The
         headings in this Warrant are for purposes of reference only, and shall
         not limit or otherwise affect any of the terms hereof. This Warrant is
         being executed as an instrument under seal. The invalidity or
         unenforceability of any provision hereof shall in no way affect the
         validity or enforceability of any other provision.

15.      Consent to Jurisdiction. The Company hereby irrevocably submits to the
         jurisdiction of the state courts of the State of Michigan and any
         United States federal court sitting in the State of Michigan in any
         action or proceeding arising out of or relating to this Warrant or any
         other agreement or transaction contemplated hereby, and the Company
         hereby irrevocably agrees that all claims in respect of such action or
         proceeding may be heard and determined in any such state or federal
         court. The Company hereby irrevocably waives, to the fullest extent it
         may effectively do so, the defense of an inconvenient forum to the
         maintenance of such action or proceeding. The Company hereby
         irrevocably consents to the service of any and all process in any such
         action or proceeding at its address set forth on the first page hereof
         or any place of business of the Company in the State of Michigan.
         Nothing in this Section shall affect the right of the holder of this
         warrant to serve legal process in any other manner permitted by law or
         affect the right of the holder to bring any action or proceeding
         against the other party or its property in courts of any other
         jurisdictions.

16.      Facsimile Signature. The Company may execute this Warrant and transmit
         its signature by facsimile, which shall be fully binding, and the
         Company shall deliver a manually signed original as soon as is
         practicable thereafter.

IN WITNESS WHEREOF, each of the Company and the Investor has executed this
Warrant under seal as of the date first written above.

                                  INTEGRATED BUSINESS SYSTEMS AND SERVICES, INC.

                                  BY:  /s/ George E. Mendenhall
                                       -------------------------------
                                           GEORGE E. MENDENHALL
                                           CHIEF EXECUTIVE OFFICER

<PAGE>

Accepted and Agreed by the Investor effective as of the date first set forth
above:

Investor

/s/ Bruce H. Seyburn
--------------------------------

Print Name: Agent

<PAGE>

EXHIBIT A

FORM OF SUBSCRIPTION
(To be signed only on exercise of Warrant)

TO INTEGRATED BUSINESS SYSTEMS AND SERVICES, INC.

The undersigned, the holder of the within Warrant, hereby irrevocably elects to
exercise this Warrant for, and to purchase thereunder, ______ shares of Common
Stock of Integrated Business Systems and Services, Inc. ("IBSS") and herewith
makes payment of $________ in the form of a secured promissory note to exercise
the Warrant, and requests that the certificates for such shares be issued in the
name of, and delivered to __________________________________, whose address
is______________________________________.

DATED:                          ____________________________________

                                    (Signature must conform to name of holder as
                                    specified on the face of the Warrant)

(Address)                           ___________________________________________

<PAGE>

                                    EXHIBIT B

                             SECURED PROMISSORY NOTE

$__________                                             date__________,________
Due Date: ____________                              location__________,________

                  This Promissory Note (the "Note") is made as the date written
above between__________, whose address is _______________________ ("Borrower")
and INTEGRATED BUSINESS SYSTEMS AND SERVICES, INC., whose address is 1601 Shop
Road, Suite E, Columbia, South Carolina 29201 ("Lender"), and is issued as
payment of the exercise price of a certain Amended And Restated Common Stock
Purchase Warrant for the purchase of the Lender's stock dated October 1, 2003
(the "Warrant"), which was issued by Lender to Borrower.

PAYMENT. FOR VALUE RECEIVED, Borrower promises to pay to the order of Lender the
principal sum of ____________ ($_______) Dollars (adjusted as set forth below)
(the "Principal Amount"), together with interest on the unpaid balance of the
Principal Amount, as follows:

INTEREST. Interest shall accrue on the unpaid balance of the Principal Sum at
the rate of 9% per annum. In no event shall the interest rate payable under this
Note exceed the maximum rate permitted by law.

MATURITY; PREPAYMENT. The Principal Sum, together with accrued and unpaid
interest thereon, shall be due and payable upon the first to occur of the
following: (i) five days following Borrower's receipt of written notice from
Lender that the Securities and Exchange Commission has declared effective the
registration statement described in Sections 1 and 8 of the Warrant; or (ii) the
second anniversary of this Note (the "Maturity Date"). Borrower may prepay any
and all principal and accrued interest due under this Note at any time without
additional interest or penalty.

Principal and interest shall be paid by the Borrower in lawful money of the
United States of America at Lender's address shown above, or at such other
address as the Lender may designate in writing to the Borrower.

ADJUSTMENT TO PRINCIPAL AMOUNT. Lender acknowledges that the principal amount of
this Note may be reduced in the event that the effective date of the
Registration Statement described in Sections 1 and 8 of the Warrant is delayed
(or does not occur). The amount by which the principal amount may be reduced is
at set forth in Section 1 of the Warrant.

DEFAULT; REMEDIES. This Note shall be in default if Borrower either: (a) does
not pay the principal and accrued interest within 5 days of the Maturity Date;
or (b) institutes proceedings for an order for relief, or consents to the
institution of such a proceeding against it, or files a petition or consent
seeking reorganization or arrangement under, the federal bankruptcy laws, or
consents to the appointment of a receiver or trustee or assignee in bankruptcy
of it or its property, or makes an assignment for the benefit of creditors, or
admits in writing its inability to pay its debts generally as they become due.
Lender shall have the right to exercise any and all rights available to it under
South Carolina law. In the event an action is commenced to collect amounts due
under this Note, the substantially prevailing party in such action shall be
entitled to recover its attorney fees. No delay on the part of Lender in the
exercise of any of the aforesaid rights or remedies shall operate as a waiver
thereof, and no single or partial exercise of any right or remedy by the Lender
shall preclude the exercise of any other right or remedy. Any remedy provided
hereunder shall be in addition to all other remedies available to Lender and
such remedies shall be cumulative.

ASSIGNMENT. This Note and all rights and remedies of the Lender shall inure to
the benefit of the Lender's legal representatives, successors and assigns and to
any other holder who derives title to or interest in this Note, and shall bind
the Borrower and its legal representatives, successors and assigns.

NOTICES. Any notices required by the terms of this Note, until further notice in
writing, shall be sent by registered or certified mail, return receipt
requested, postage prepaid, to the Borrower and Lender at their respective
addresses shown above.

<PAGE>

WAIVER; SEVERABILITY. Borrower waives presentment, demand for payment, notice of
dishonor, notice of protest, and protest, and all other notices or demands in
connection with the delivery, acceptance, performance, default, endorsement of
this instrument (except for any notice or grace period expressly provided in
this Note); and agrees that no obligation hereunder shall be discharged by any
extension, indulgence or release given to any guarantor or other person or by
the release or non-enforcement of any security given in connection herewith.
Notwithstanding anything herein to the contrary, nothing shall limit any rights
granted to Lender by other instruments or by law.

SECURITY. Borrower's promise to pay this Note is also secured by a security
interest in [treasury bill, certificate of deposit] being held by Lender. Upon a
default by Borrower under this Promissory Note, Lender, in addition to any other
remedies which it may have at law or equity, may foreclose its security interest
on the collateral.

GOVERNING LAW. This Note shall be deemed to be delivered in the State of South
Carolina and shall be governed by and be construed in accordance with the laws
of the State of South Carolina.

CHOICE OF FORUM. The parties agree that all actions arising directly or
indirectly out of this Agreement shall be litigated exclusively in the United
States District Court for South Carolina or the Richland County, South Carolina
Circuit Court, and the parties hereby irrevocably consent to the jurisdiction
and venue of those courts over the parties to this Agreement.

DUE AUTHORITY. Borrower represents and warrants to Lender that this Note is a
valid, binding obligation of the Borrower and enforceable in accordance with its
terms, and Borrower's execution of this Note does not conflict with any other
legal obligation of Borrower.

                                               ---------------------------------
<PAGE>

EXHIBIT C

FORM OF TRANSFEROR ENDORSEMENTS
(To be signed only on transfer of Warrant)

For value received, the undersigned hereby sells, assigns, and transfers unto
the person(s) named below under the heading "Transferees" the right represented
by the within Warrant to purchase the percentage and number of shares of Common
Stock of Integrated Business Systems and Services, Inc. to which the within
Warrant relates specified under the headings "Percentage Transferred" and
"Number Transferred," respectively, opposite the name(s) of such person(s) and
appoints each such person Attorney to transfer its respective right on the books
of Integrated Business Systems and Services, Inc. with full power of
substitution in the premises.

<TABLE>
<CAPTION>
                                    Percentage                            Number
Transferees                         Transferred                        Transferred
-----------                         -----------                        ------------
<S>                                 <C>                <C>
                                                       _______________________________________
                                                       Signature must conform to name of holder
                                                       as specified on the face of the Warrant
Dated: __________________, 20___

Signed in the presence of:

________________________________                       _______________________________________
           (Name)                                      (Address)

ACCEPTED AND AGREED:
[TRANSFEREE]                                           _______________________________________
                                                       (Signature)

________________________________                       _______________________________________
           (Name)                                      (Address)

[TRANSFEREE]                                           _______________________________________
                                                       (Signature)

________________________________                       _______________________________________
           (Name)                                      (Address)
</TABLE><PAGE>

                                                                    EXHIBIT 4.26

NEITHER THIS DEBENTURE NOR THE SECURITIES ISSUABLE UPON CONVERSION HEREOF HAVE
BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE"ACT"), OR THE
SECURITIES LAWS OF ANY STATE AND SUCH SECURITIES MAY NOT BE SOLD OR OTHERWISE
TRANSFERRED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT UNDER SUCH ACT
AND LAWS UNLESS INTEGRATED BUSINESS SYSTEMS AND SERVICES, INC. RECEIVES AN
OPINION OF COUNSEL REASONABLY ACCEPTABLE TO IT THAT SUCH REGISTRATION IS NOT
REQUIRED.

                 AMENDED AND RESTATED CLASS A SECURED DEBENTURE

                                                                 October 1, 2003

THIS INSTRUMENT AMENDS AND RESTATES THAT CERTAIN CLASS A SECURED CONVERTIBLE
DEBENTURE, DATED DECEMBER 31, 2001, AND REPLACES SAID CLASS A SECURED
CONVERTIBLE DEBENTURE IN ITS ENTIRETY.

                  FOR VALUE RECEIVED, INTEGRATED BUSINESS SYSTEMS AND SERVICES,
INC., a South Carolina corporation (the "COMPANY"), promises to pay to the order
of IBSS Class A Investors, LLC, a Michigan limited liability company (successor
to IBSS Class A Investors, a Michigan co-partnership), whose address is c/o
Seyburn, Kahn, Ginn, Bess and Serlin, P.C., 2000 Town Center, Suite 1500,
Southfield, Michigan 48075, Attention: Bruce H. Seyburn, Esq. ("PAYEE") (Payee
and any subsequent holder(s) hereof are individually and collectively referred
to as the "HOLDER"), the sum of Nine Hundred Twenty Eight Thousand Two Hundred
Forty One and NO/100 Dollars ($928,241), together with interest thereon, all as
hereinafter provided.

                  1.       Issue. This Debenture is a duly authorized issue of
the Company (the "DEBENTURE") in the aggregate principal amount of $ 928,241.

                  1A.      As of the date hereof, the outstanding principal
balance of this Debenture is $848,241, and accrued interest is $183,436.57.

                  2.       Interest and Principal Payments and Prepayments.

                  2.1      Principal. The outstanding principal amount hereunder
shall be paid on the earlier to occur of: (i) December 31, 2006; and, (ii) the
date of the closing of a Liquidity Event (as and to the extent defined below)
(the "MATURITY DATE").

                  In the event the Company obtains further investor funding at
any time after January 31, 2004 (the "COMPLETION DATE") (whether in exchange for
promissory notes, convertible debentures, warrants, equity securities or
instruments of any nature whatsoever) (a "LIQUIDITY EVENT"), promptly following
the closing of such Liquidity Event, the Company shall pay to the Holder of the
Company's Class A Secured Debenture (the "CLASS A DEBENTURE HOLDER") and the
holder of the Company's Class B Secured Debenture (the "CLASS B DEBENTURE
HOLDER") in priority as between the Class A Secured Debenture and Class B
Secured Debenture as set forth in an Inter-Creditor Agreement dated December 31,
2001) the following amounts:

                  (a)      Out of the first One Million ($1,000,000) Dollars of
                           such funding (computed on a cumulative basis, taking
                           into account all rounds of funding completed after
                           the Completion Date ), zero (0%) percent shall be
                           paid to the Class A and Class B Debenture holders;

<PAGE>

                  (b)      Out of the second One Million Dollars (i.e., between
                           $1 million and $2 million) of such funding (computed
                           on a cumulative basis, taking into account all rounds
                           of funding completed after the Completion Date ), an
                           aggregate thirty (30%) percent shall be paid to the
                           Class A and Class B Debenture holders, and applied
                           against the accrued but unpaid interest and the
                           unpaid principal hereof;

                  (c)      Out of the third One Million Dollars (i.e., between
                           $2 million and $3 million) (computed on a cumulative
                           basis, taking into account all rounds of funding
                           completed after the Completion Date ), an aggregate
                           forty (40%) percent shall be paid to the Class A and
                           Class B Debenture holders, and applied against the
                           accrued but unpaid interest and the unpaid principal
                           hereof; and

                  (d)      Out of all funding in excess of Three Million Dollars
                           (computed on a cumulative basis, taking into account
                           all rounds of funding completed after the Completion
                           Date ), an aggregate fifty (50%) percent shall be
                           paid to the Class A and Class B Debenture holders,
                           and applied against the accrued but unpaid interest
                           and the unpaid principal hereof.

                  2.2      Interest. From the date hereof to and including the
date that this Debenture is paid in full, the unpaid principal amount of this
Debenture shall bear simple interest at a rate per annum equal to the Interest
Rate (defined below), with such rate computed based on a year of 360 days;
provided, however, that during any period of default hereunder, the foregoing
rate shall be increased to twenty-two percent (22.0%). Interest on the unpaid
principal amount of this Debenture shall accrue from the date hereof and be
payable in arrears on January 1, 2003 , and on the Maturity Date.

                           Interest Rate. The Interest Rate under this Debenture
shall be equal to nine percent (9%) per annum during the first ninety (90) days
after the date hereof. During each consecutive ninety-day interval thereafter,
the Interest Rate shall increase by one (1.00) percentage point (e.g., during
the second ninety-day period hereunder, interest shall accrue at 10.0% per
annum, during the third ninety-day period hereunder interest shall accrue at
11.0% per annum, etc.). Notwithstanding anything herein to the contrary, the
Interest Rate shall not exceed twenty-two percent (22.0%) per annum (the default
rate of interest).

                           Notwithstanding the foregoing, provided that there
occurs no Default under the Amended And Restated Class B Secured Debenture or
this Debenture, during the period beginning on October 1, 2003 and ending on the
Maturity Date, then no interest shall accrue on the unpaid principal hereof
during such period.

                  2.3      Payment in U.S. Dollars. All payments of principal
and interest shall be made in lawful money of the United States of America
except as provided in Section 4 and shall be made to Holder at Holder's address
set forth in Section 9.2 or at such other place as Holder may designate to the
Company in writing.

                  2.4      Maximum Rate of Interest. Regardless of any other
provision of this Debenture or in any documents otherwise relating hereto, no
Holder of this Debenture shall ever be entitled to receive, collect or apply as
interest on the principal of this Debenture any amount in excess of the maximum
rate of interest allowable under applicable law, and if any Holder ever
receives, collects or applies as interest hereon any such excess, such amount
that would be excessive interest shall be

                                       2
<PAGE>

deemed as partial prepayment of principal and shall be treated as such, and if
the principal is paid in full, any remaining excess shall forthwith be paid to
the Company. In determining whether the interest paid or payable on the
principal outstanding under this Debenture exceeds the maximum rate of interest
allowable under applicable law, the Company and Holder shall, to the maximum
extent permitted under applicable law, (a) characterize any non-principal
payment as an expense, fee or premium rather than as interest, (b) exclude
voluntary prepayments and the effects thereof and (c) spread the total amount of
interest throughout the entire contemplated term hereof; provided, that if the
indebtedness evidenced hereby is paid and performed in full prior to the end of
the full contemplated term thereof, and if the interest received for the actual
period of existence thereof exceeds the maximum rate of interest allowable under
applicable law, Holder shall either apply or refund to the Company the amount of
such excess as herein provided, and in such event, Holder shall not be subject
to any penalties provided by any laws for contracting for, charging, or
receiving interest in excess of the maximum rate of interest allowable under
applicable law.

                  2.5      Prepayment. This Debenture may be prepaid prior to
maturity, in whole or in part, at the election of the Company without the prior
written consent of Holder.

                  3.       Lost, Stolen, Destroyed or Mutilated Debenture. Upon
receipt of evidence satisfactory to the Company of the loss, theft, destruction
or mutilation of this Debenture and, in case of any such loss, theft or
destruction, upon receipt of indemnity reasonably satisfactory to the Company
or, in the case of any such mutilation, upon surrender and cancellation of this
Debenture, the Company will make and deliver, in lieu of such lost, stolen,
destroyed or mutilated Debenture, a new Debenture bearing interest at the rate
set forth herein of like tenor and unpaid principal amount of this Debenture so
lost, stolen, destroyed or mutilated.

                  4.       [Reserved].

                  5.       [Reserved].

                  6.       [Reserved ].

                  7.       [Reserved].

                  8.       Defaults. The following events are hereby defined as
"DEFAULTS" for all purposes of this Debenture (whatever the reason for the
occurrence thereof and whether such event shall be voluntary or involuntary or
come about or be effected by operation of law or pursuant to or in compliance
with any judgment, order or decree of any court or any order, rule or regulation
of any governmental or administrative body):

                           (a)      The Company shall fail to pay any amount
(whether principal or interest) when due under this Debenture and such failure
continues for fifteen (15) days after the due date;

                           (b)      The Company shall fail to perform or observe
any of the other covenants or agreements contained in this Debenture and such
failure shall not have been remedied or cured within thirty (30) days after
written notice thereof, requesting the same to be remedied, shall have been
received by the Company from Holder;

                           (c)      The Company shall institute proceedings for
an order for relief, or shall consent to the institution of such a proceeding
against it, or shall file a petition or consent seeking reorganization or
arrangement under, the federal bankruptcy laws, or shall consent to the
appointment of

                                       3
<PAGE>

a receiver or trustee or assignee in bankruptcy of it or its property, or shall
make an assignment for the benefit of creditors, or shall cease to operate in
the ordinary course of its business; or

                           (d)      An involuntary order for relief under the
federal bankruptcy laws shall have been entered or a decree or order of a court
having jurisdiction in the premises shall have been entered approving as
properly filed a petition seeking reorganization of the Company under the
federal bankruptcy laws or any other similar applicable Federal or state laws,
and such decree or order shall have continued undischarged or unstayed for a
period of ninety (90) days; or a decree or order of a court having jurisdiction
in the premises for the appointment of a receiver or trustee or assignee in
bankruptcy or insolvency of the Company or of substantially all of the property
of the Company or for the sequestration of substantially all of the property of
the Company, or for the winding up or liquidation in insolvency or bankruptcy of
its affairs, shall have been entered, and such decree or order shall have
remained in force undischarged and unstayed for a period of ninety (90) days.

                           (e)      The Company commits a default under the
Investment Agreement between the parties executed contemporaneously herewith.

                  If one or more Defaults shall have occurred and be continuing,
Holder may at Holder's option by written notice to the Company declare all
outstanding principal and accrued interest under this Debenture to be due and
payable, and upon such declaration this Debenture shall thereupon become
forthwith due and payable, together with interest accrued hereon. Upon such
declaration, Holder may thereupon proceed to protect and enforce its rights
either by suit in equity or by action of law or by other appropriate
proceedings, whether for specific performance of any covenant or agreement
contained herein or proceed to enforce the payment of this Debenture or to
enforce any other legal or equitable right of Holder.

                  9.       Security. This Debenture is secured by, and the
Company hereby grants to Holder , a lien on the Company's accounts receivable
(whether now owned or hereafter acquired) and Synapse software (together with
all documentation, user manuals and user codes attributable thereto), as more
fully described in the Security Agreement between the parties of even date
herewith. Company hereby authorizes Holder to file a UCC-1 Financing Statement
with all appropriate government office(s) in order to perfect this security
interest, and shall enter into a Security Agreement with Holder contemporaneous
herewith. Holder agrees to subordinate its lien in Company's accounts receivable
to the lien of any current or future institutional lenders (or comparable
business entities) providing loans to the Company, and upon request Payee shall
sign and deliver to such lenders subordination agreements in a form satisfactory
to such lenders. In addition, Payee agrees to enter into intercreditor
agreements with the holders of other secured debentures issued by the Company,
to the effect that such other debenture holders shall have equal priority with
Holder in the Company's accounts receivable (now owned or hereafter acquired)
and Synapse software (together with all documentation, user manuals and user
codes attributable thereto) utilized to secure such other debenture holders'
indebtedness.

                  10.      Miscellaneous.

                  10.1     Amendment. The Company may amend or supplement this
Debenture only with the written consent of Holder. Holder may waive (either
generally or in a particular instance and either retroactively or prospectively)
compliance by the Company with any provision of this Debenture.

                                       4
<PAGE>

                  10.2     Assignment; Notices. Without the prior written
consent of the Company, Holder may not sell, assign, negotiate or otherwise
transfer, in whole or in part, this Debenture, or grant any participation or
other right or interest in, any or all of his rights hereunder. Any purported
sale, assignment, negotiation or other transfer of this Debenture by Holder
shall be null and void and of no force or effect whatsoever.

                           (i)      If to Holder, to:

                                    (at Holder's address shown above)

                           (ii)     If to the Company to:

                                    Integrated Business Systems and Services,
                                    Inc.
                                    1601 Shop Road, Suite E
                                    Columbia, South Carolina 29201
                                    Attention: George Mendenhall, Chief
                                    Executive Officer

                           (iii)    If to any other holder other than Payee, to
                           such address as may have been designated with the
                           foregoing.

                  The Company or Holder may designate a different address by
notice given in accordance with the foregoing.

                  10.3     Collection Fees. In the event this Debenture is
placed in the hands of an attorney for collection or for enforcement, the
Company agrees to pay all reasonable attorneys' fees incurred by Holder (based
on regular billing rates and time actually spent) and all court and other
reasonable costs of any good faith collection efforts.

                  10.4     Liability of Affiliates. A parent corporation,
subsidiary, affiliate, director, officer, employee or other shareholder, as
such, of the Company shall not have liability for any obligations of the Company
under this Debenture or for any claim based on, in respect of or by reason of
such obligations or their creation. Each Holder by accepting this Debenture
waives and releases all such liability.

                  10.5     Governing Law. This Debenture and the rights and
obligations of the parties hereunder shall be governed by, and construed and
interpreted in accordance with, the laws of the State of Michigan (without
regard to principles of conflicts of laws) and applicable Federal law.

                  11.      Consent to Jurisdiction. The Company hereby
irrevocably submits to the jurisdiction of the state courts of the State of
Michigan and any United States federal court sitting in the State of Michigan in
any action or proceeding arising out of or relating to this Debenture or any
other agreement or transaction contemplated hereby, and the Company hereby
irrevocably agrees that all claims in respect of such action or proceeding may
be heard and determined in any such state or federal court. The Company hereby
irrevocably waives, to the fullest extent it may effectively do so, the defense
of an inconvenient forum to the maintenance of such action or proceeding. The
Company hereby irrevocably consents to the service of any and all process in any
such action or proceeding at its address set forth on the first page hereof or
any place of business of the Company in the State of Michigan. Nothing in this
Section shall affect the right of the holder of this Debenture to serve legal
process in any other manner permitted by law or affect the right of the holder
to bring any action or proceeding against the other party or its property in
courts of any other jurisdictions.

                                       5
<PAGE>

                  IN WITNESS WHEREOF, the Company has caused this Debenture to
be executed in its corporate name by the undersigned officer, thereunto duly
authorized, to be effective as of the date first set forth above.

                                             INTEGRATED BUSINESS
                                             SYSTEMS AND SERVICES, INC.

                                             By:  /s/ George E. Mendenhall
                                                  ------------------------------
                                                      GEORGE E. MENDENHALL
                                                      CHIEF EXECUTIVE OFFICER

                                       6
<PAGE>

Accepted and Agreed by Holder effective as of the date first set forth above:

IBSS Class A Investors, LLC, a Michigan limited liability company (successor to
IBSS Class A Investors, a Michigan co-partnership)
Holder

By: /s/ Bruce H. Seyburn
    --------------------------------

Its: Agent

                                       7

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