EXHIBIT 4.5
Generation Capital Associates
0000 Xxxxxxxxx Xxxxx
Xxxxxxx, XX 00000
Tel 404/000-0000 Fax 404/000-0000
Via Fax: 000-000-0000
January 13, 2004
Xx. Xxxxxx X. Xxxxxxxxxx
CEO
Integrated Business Systems and Services, Inc.
0000 Xxxx Xxxx - Xxxxx X
Xxxxxxxx, XX 00000
Re: December 24, 2003 Securities Purchase Agreement
Dear Xxxxxx:
This is to confirm that we have agreed that the Closing Date as defined in
Section 10 (c) of the above referenced purchase agreement is January 6, 2004.
Accordingly, the 30-day period to file the GCA Registration Statement, and the
120-day period for the GCA Registration Statement to become effective, are
February 5, 2004 and May 5th , 2004, respectively.
Sicnerely,
/s/ Xxxxx X. Xxxxxxxx
-------------------------
Xxxxx. X. Xxxxxxxx
Executive Vice President
And General Counsel
cc: Xxxxxx Xxxxx