To: steve harmon - analyst who wrote (2124 ) 7/13/1999 8:33:00 PM From: LABMAN Respond to of 4337
steve... opinion requested on CYBERSURF CY on Alberta The largest free ISP in Canada, 1. Cybersurf actually makes money 2. over 100,000 SUBCRIBERS 3. CYBERSURF is currently preparing itself for the Toronto mkt 4. company has signed advertsing deals with IBM 5. CYBERSURF currently trading around $ 3.50 News Releases Company Profile blank line Source CANADA STOCKWATCH Date 06/01/99 Company CYBERSURF CORP. Title Cybersurf third quarter results Cybersurf third quarter results Cybersurf Corp CY Shares issued 17,339,150 May 31 close $3.02 Tue 1 Jun 99 News Release Mr. Paul Mercia reports For the third quarter in a row (period added March 31, 1999), Cybersurf has produced positive earnings. The earnings for the period are $587,845 (3.4 cents per share) as compared with $46,623 in the same period of the prior year. Revenues are $3,157,197 up from $1,978,487 in the prior year. General and administrative costs are lower due to prudent decision making in daily operations. Cash flow from operations was $911,769 (five cents per share) compared with an inflow of $303,746 in the prior year. The 3web Network is a proprietary software application that was developed by Cybersurf Interactive Media, a division of Cybersurf Corp. It offers its Calgary and Edmonton users a powerful and secure portal to anywhere on the World Wide Web, as well as E-mail and e-commerce functionality. The 3web Network's revenues are generated through commercial advertising and e-commerce, but is 100 per cent free to the user. Cybersurf's proprietary 3web advertisement-supported technology is unlike any other in existence, in that it brings highly targeted, demographically-specific advertising to the user's desktop. While traditional portals spawn advertising within a web browser (making it easy to bypass), 3web's portal operates independently of any Web browser and can never be hidden or disabled. No matter where the user travels on the Internet, 3web's advertising is always visible. It is because of this feature that advertisers on 3web can be guaranteed exact impressions and can target a specific demographic audience. To view examples of 3web in context with Netscape's browser, simply visit 3web.net . If you wish to have a better understanding of Cybersurf's proprietary technology, and of the 3web Network's intelligent advertising capabilities, visit 3web.net to download the full 3web interactive overview (56 megabytes).cybersurf.net 3web.net lm