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Gold/Mining/Energy : Cybersurf (CY.A) - Bridge between 20th & 21st Centuries
CY 23.820.0%Apr 16 5:00 PM EST

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To: Donald F. DeKold who wrote (442)7/7/1997 8:52:00 PM
From: Donald F. DeKold   of 3243
 
PRESS RELEASE, July 7......

FOR FURTHER INFORMATION PLEASE CONTACT:
Cybersurf Corp.
Bob McInnes
(403) 777-2000
(403) 777-2003 (FAX)
cybersurf.net
info@cybersurf.net
The Alberta Stock Exchange has neither approved nor disapproved
the above release.

NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS

FOR: CYBERSURF CORP.

ASE SYMBOL: CY

JULY 7, 1997

Cybersurf Retains KPMG Corporate Finance Inc. for Major
Capital Financing

CALGARY, ALBERTA--Cybersurf Corp. of Calgary, a Software and
Connectivity company, today announced that it has retained KPMG
Corporate Finance Inc. to assist the company in the structure and
placement of staged equity investment.

The Calgary and Toronto offices of KPMG will each offer up to $10
Million financing package to selected institutions. It is
expected that the total financing will be completed within 6
months. The financing will be subject to regulatory approval.

Cybersurf trades under the symbol CY.
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