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Microcap & Penny Stocks : cysi - CYSI - CYBERFAST SYSTEM -- Ignore unavailable to you. Want to Upgrade?

To: Ted M who wrote (12)	6/8/1999 7:43:00 PM
From: PK	Read Replies (1) \| Respond to of 97

Ted, I have been posting information that I have received through emails, and phone conversations with Doug Blackwell (1-407-696-2458). Your right, he is a nice guy, and is very positive about CYSI. In fact, in his original mass email he targeted end of year price for CYSI at $33, but he told me that was only based on the European connections not on the Asian. In our last conversation after the last news release he said, the European connections are on target for completion at the end of 1999. I understand everyone's concerns, and I will be calling Doug tomorrow and I'll post what I find out. This stock reminds me of XSNI a mystery stock until people dug into it.

To: Ted M who wrote (12)	6/10/1999 12:24:00 PM
From: PK	Read Replies (1) \| Respond to of 97

PR NEWSWIRE) Cyberfast Systems, Inc. Intends To Become A Full-Reporting C Cyberfast Systems, Inc. Intends To Become A Full-Reporting Company HIGHLAND BEACH, Fla., June 10 /PRNewswire/ -- Cyberfast Systems, Inc. (OTC Bulletin Board: CYSI) (THE "COMPANY") announced today that it had retained counsel to assist it in filing a Form 10-SB Registration Statement with the Securities and Exchange Commission. Following effectiveness of the Form 10-SB, the Company will be required to file periodic reports including an annual and quarterly reports and proxy statements with the Securities and Exchange Commission. Once the Company registration statement is declared effective, it intends to apply to list its common stock on Nasdaq SmallCap Market. According to Mr. Edward Stackpole, "Based upon our net income for fiscal 1998 of $1,983,179, we believe that our application will be successful and we are anxious to proceed with the listing of our stock on the Nasdaq SmallCap Market." In a separate development, the Company announces that effective July 15, 1999, Cyberfast Systems' new corporate headquarters will be located at 777 Yamato Road, Suite #116, Boca Raton, Florida, 33431. The Company provides state-of-the-art Voice Over Internet Protocol (VOIP) telecommunications services from the United States to certain third world countries where the Company's relationships and existing telecommunications rates provide a competitive advantage. The statements relating to the Company's expectations that it will become a full-reporting company and that its common stock will be traded on Nasdaq are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by some or all these forward-looking statements may not occur. Important factors that could cause actual results to differ materially from these forward-looking statements include: unexpected difficulties relating to the review of the registration statement by the staff of the Securities and Exchange Commission and a determination by Nasdaq that the Company does not meet its qualitative requirements in contrast to its quantitative listing requirements. SOURCE Cyberfast Systems, Inc. -0- 06/10/99 /CONTACT: Investor relations, Doug Blackwell, 407-696-2458, or Edward Stackpole, CEO, 561-637-2716, both of Cyberfast Systems, Inc./ (CYSI) CO: Cyberfast Systems, Inc. ST: Florida IN: MLM SU: * end of story *