Document:

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                                                                    EXHIBIT 4.31

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 464,120 Shares of
                                    Common Stock of INTEGRATED BUSINESS SYSTEMS
                                    AND SERVICES, INC. (subject to adjustment)

     AMENDED AND RESTATED COMMON STOCK PURCHASE WARRANT (CLASS A INVESTORS)

                                                                 October 1, 2003

THIS INSTRUMENT AMENDS AND RESTATES THAT CERTAIN COMMON STOCK PURCHASE WARRANT,
DATED DECEMBER 31, 2001, AND REPLACES SAID COMMON STOCK PURCHASE WARRANT IN ITS
ENTIRETY

FOR GOOD AND VALUABLE CONSIDERATION, THE RECEIPT OF WHICH IS HEREBY
ACKNOWLEDGED, INTEGRATED BUSINESS SYSTEMS AND SERVICES, INC. (the "Company")
hereby agrees that 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.
("Investor"), is entitled to purchase from the Company at any time or from time
to time on or after October 1, 2004 and 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 464,120 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 isssuable 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

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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 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:

                  1.       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.

                  2.       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.

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

                  4.       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.

                  5.       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.

                  6.       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.

                  7.       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). 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 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

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         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, 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

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         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 Company for
                  the issuance of such rights or options, plus the minimum
                  amounts of

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                  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 180 days following the date hereof 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 90 days after the date of
         exercise), 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 Stock
         following the effective date of the

<PAGE>

         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 six months of the date of exercise of this
         Warrant, the Purchase Price and the outstanding principal balance of
         the Secured Note shall be reduced as set forth in Section 1 hereof. 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 remain obligated under any
                  confidentiality agreement and/or public trading lock-up

<PAGE>

                  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

IBSS CLASS A INVESTORS, LLC, A MICHIGAN LIMITED LIABILITY COMPANY (successor to
IBSS Class A Investors, a Michigan co-partnership)

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

Its: 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>
</TABLE>

                                     _______________________________________
                                     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)<PAGE>

                                                                    EXHIBIT 4.32

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 2,033,399 Shares of Common
                             Stock of INTEGRATED BUSINESS SYSTEMS AND SERVICES,
                             INC. (subject to adjustment)

     AMENDED AND RESTATED COMMON STOCK PURCHASE WARRANT (CLASS B INVESTORS)

                                                                 October 1, 2003

THIS INSTRUMENT AMENDS AND RESTATES THAT CERTAIN COMMON STOCK PURCHASE WARRANT,
DATED DECEMBER 31, 2001, AND REPLACES SAID COMMON STOCK PURCHASE WARRANT IN ITS
ENTIRETY.

FOR GOOD AND VALUABLE CONSIDERATION, THE RECEIPT OF WHICH IS HEREBY
ACKNOWLEDGED, INTEGRATED BUSINESS SYSTEMS AND SERVICES, INC. (the "Company")
hereby agrees that IBSS Class B Investors, LLC, a Michigan limited liability
company (successor to IBSS Class B Investors, a Michigan co-partnership), whose
address is do Seyburn, Kahn, Ginn, Bess and Serlin, P.C., 2000 Town Center,
Suite 1500, Southfield, Michigan 48075, Attention: Bruce H. Seyburn, Esq.
("Investor"), is entitled to purchase from the Company at any time or from time
to time before 5:00 p.m., Detroit time, on December 31, 2005 (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 2,033,399 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 isssuable upon the exercise of
then-outstanding options or warrants or upon conversion of any

<PAGE>

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 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:

                  1.       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.

                  2.       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.

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

                  4.       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.

                  5.       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.

                  6.       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.

                  7.       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"). 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

                                       2
<PAGE>

         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
         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 in case 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. 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
<PAGE>

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, 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.

                  (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:

                                       4
<PAGE>

                           (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

                                       5
<PAGE>

                  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 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.

3.9      Covenant Against Short Sales. The Investor acknowledges that on the
date hereof and at no time since the Investor's execution of any subscription or
other document contemplating the issuance of this Warrant, the Investor has not
held or caused to be held, directly or indirectly, a "short" position in the
Common Stock, and the Investor agrees that, during the Restricted Period, the
Investor will I not (directly or indirectly through any other person or entity)
hold or maintain a short position in or undertake a short sale of any of the
Company's equity securities or equity-linked securities. The Restricted Period
shall begin on the date of this Warrant and shall continue so long as this
Warrant remains in effect (and, if this Warrant is exercised, then during the
period which ends sixty (60) days after the earlier of: (i) the effectiveness of
a Registration Statement as to the Common Stock purchased hereunder, or, (ii)
the Registration Deadline.

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

                                       6
<PAGE>

         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, 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

                                       7
<PAGE>

         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 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.

                  (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

                                       8
<PAGE>

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 sixty (60) days following exercise 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 of exercise), 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
         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 six months of
         the date of exercise of this Warrant, the Purchase Price and the
         outstanding principal balance of the Secured Note shall be reduced as
         set forth in Section 1 hereof. 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,

                                       9
<PAGE>

         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 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

                                       10
<PAGE>

         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

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

Investor

!BSS CLASS B INVESTORS, LLC, a Michigan limited liability company (successor to
IBSS CLASS B INVESTORS, a Michigan co-partnership)

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

Its: Agent

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<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)                       _______________________________________

                                       12
<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.

                                       13
<PAGE>

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.

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.

                                             __________________________________

                                       14

<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>

</TABLE>

                                   _____________________________________________
                                   Signature must conform to name of holder as
                                   specified on the face of this Warrant

Dated:________________, 20_____    _____________________________________________
                                   (Address)

Signed in the presence of:

_______________________________    _____________________________________________
(Name)                             (Signature)

                                   _____________________________________________
                                   (Address)

ACCEPTED AND AGREED:
                                   _____________________________________________
[TRANSFEREE]                       (Signature)

_______________________________    _____________________________________________
(Name)                             (Address)

[TRANSFEREE]

_______________________________
(Name)

                                       15
<PAGE>

                          ACKNOWLEDGMENT OF GUARANTORS

         This Acknowledgment of Guarantors ("Acknowledgment") is given effective
as of October 1, 2003 by George Mendenhall and Stuart Massey (individually
"Guarantor" and collectively "Guarantors"), jointly and severally, in favor of
IBSS Class A Investors, LLC and IBSS Class B Investors, LLC (individually a
"Creditor" and collectively "Creditors").

                              PRELIMINARY STATEMENT

         A.       On December 31, 2001, Guarantors issued their Guaranties
("Guaranties") to Creditors of that certain $928,241.00 Class A Secured
Convertible Debenture and $2,033,399.00 Class B Secured Convertible Debenture
(the "Debentures").

         B.       Concurrent herewith, Creditors and IBSS have agreed to amend
the Debentures (referred to herein as the "Amendments") in order to: (i) extend
the Maturity Date (as amended, each Debenture matures in the earlier to occur of
December 31, 2005 and the date of the closing of a liquidity event); and, (ii)
suspend the accrual of interest during the period October 1, 2003 until the
Maturity Date of each Debenture (provided no default occurs thereunder).

         C.       In addition, concurrent herewith, IBSS and the Creditors have
agreed to fix the conversion price set forth in the Debentures and extend the
expiration dates of certain Warrants issued concurrent with the Debentures.

         D.       Guarantors, by entering into this Acknowledgment, wish to
confirm that the Amendments shall not effect their liability under the
Guaranties. Creditors would not have agreed to the Amendments, unless the
Guarantors entered into this Acknowledgment.

         NOW, THEREFORE, the Guarantors acknowledge as follows:

         1.       Acknowledgment. Guarantors hereby acknowledge that the
                  Creditors' entering into the Amendments with IBSS shall not
                  effect the Guarantors' liability to Creditors under their
                  Guaranties.

         IN WITNESS WHEREOF, Guarantors have executed this Acknowledgment
effective as of the date written above,

                                   "Guarantors"

                                   _____________________________________________
                                   GEORGE MENDENHALL

                                   _____________________________________________
                                   STUART MASSEY

                                       16
<PAGE>

                                October 1, 2003

Integrated Business Systems and Services, Inc.
Attn: George Mendenhall, CEO
1601 Shop Road, Suite E
Columbia, South Carolina 29201

         RE:      LETTER OF INTENT: IBSS Class A Investors, LLC; IBSS Class B
                  Investors, LLC December 31, 2001 Restructuring; Amendments to
                  Conversion Price and Expiration Dates

Gentlemen:

         As you know, the undersigned IBSS Class A Investors, LLC and IBSS Class
B Investors, LLC (collectively "Investors"), entered into various Convertible
Debentures, Stock Purchase Warrants and other agreements, dated December 31,
2001 (the "December 31, 2001 Restructuring") with Integrated Business Systems
and Services, Inc. ("IBSS").

         On September 25 and 26, 2003, the Investors contacted you to advise of
their intent to convert their Convertible Debentures and to fully exercise their
Warrants. IBSS asked the Investors to forbear from converting their Debentures
and exercising their Warrants, and in exchange for such forbearance, IBSS and
the Investors on October 1, 2003, reached the understandings set forth below.

         The Investors and IBSS agree as follows:

         1.       Fixed Conversion Price. The Conversion Price (or Exercise
Price, as the case may be) in such of the "Convertible Instruments" listed
below, shall be deemed to be the Conversion Price (or Exercise Price) which
would have been applicable if the holder of the Convertible Debenture (or Stock
Purchase Warrant) had exercised such holder's conversion rights (or exercise its
purchase rights) as of October 1, 2003.

         The Convertible Instruments to which this provision applies are the
following (each executed effective as of December 31, 2001 except as otherwise
indicated below):

                  (a)      Class A Secured Convertible Debenture.

                  (b)      Class A Contingent Common Stock Purchase Warrant.

                  (c)      Class B Secured Convertible Debenture.

                  (d)      Class B Contingent Common Stock Purchase Warrant.

                  (e)      Common Stock Purchase Warrant (issued to IBSS Class A
                           Investors).

                  (f)      Common Stock Purchase Warrant (issued to IBSS Class B
                           Investors).

<PAGE>

Integrated Business Systems and Services, Inc.
Attn: George Mendenhall, CEO
October 1, 2003
Page 2

         2.       Extended Maturity Dates. The Maturity Dates of the Class A
Secured Convertible Debenture and the Class B Secured Convertible Debenture are
hereby amended; as amended, the Maturity Dates of each such Debenture shall be
the earlier to occur of: (i) December 31, 2005; and (ii) the date of the closing
of a Liquidity Event (as that term is defined in the Debentures). (Extension of
the Maturity Dates as set forth in the prior sentence shall automatically extend
the date for the holders thereof to elect a conversion of such Debentures.)

         3.       Extended Expiration Dates. The Expiration Dates of the Common
Stock Purchase Warrants issued to IBSS Class A Investors and IBSS Class B
Investors (which expiration date is at present December 31, 2004) is hereby
extended to December 31, 2005.

         4.       Suspension of Interest Accrual. Provided that no Default
occurs under the Class A Secured Convertible Debenture or the Class B Secured
Convertible Debenture, interest under the Class A Secured Convertible Debenture
and the Class B Secured Convertible Debenture will not accrue on the unpaid
principal balance thereof during the period October 1, 2003 until the Maturity
Date.

         Please signify your binding agreement to the foregoing by executing a
copy of this Letter Of Intent where indicated below. This Letter Of Intent may
be executed in multiple counterparts, each of which when taken together shall be
deemed to be a complete agreement. Telecopied signatures shall be binding as
originals.

INTEGRATED BUSINESS SYSTEMS AND SERVICES, INC.

By: ___________________________________
    George Mendenhall, CEO

IBSS CLASS A INVESTORS, LLC                 IBSS CLASS B INVESTORS, LLC

By: ___________________________________     By: ________________________________
    Bruce Seyburn, Agent                        Bruce Seyburn, Agent

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