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Gold/Mining/Energy : Cybersurf (CY.A) - Bridge between 20th & 21st Centuries -- Ignore unavailable to you. Want to Upgrade?

To: donkeyman who wrote (2193)	8/16/1999 7:36:00 PM
From: LABMAN	Read Replies (1) \| Respond to of 3243

PRESS RELEASE AUG 3 Canadian Company Press Release CY 1999-08-03 (provided courtesy of BCE Emergis E-News Services.) register to receive future releases by email from BCE Emergis E-News Services CALL-NET EXECUTIVES APPOINTED TO CYBERSURF'S BOARD OF DIRECTORS CALGARY, ALBERTA-- Cybersurf is pleased to announce that it has appointed Call-Net executives Vincent W. Salvati and Stephen P. Monk to its Board of Directors. This move follows Call-Net's investment to expedite the launch of the Cybersurf's free Internet service in Canada's major metropolitan centers, and marks the next stage in the strategic partnership between the two companies. "These two individuals will be a great addition to the Board of Directors", says Paul Mercia, Cybersurf's President and Chief Executive Officer. "They bring the financial and operational expertise needed to quickly expand the 3web Network across North America. I'm confident that Mr. Monk and Mr. Salvati will play a pivotal role in the establishment of 3web as Canada's largest provider of Internet services." Mr. Mercia also stated that Mr. Monk in particular was instrumental in developing the Cybersurf/Call-Net alliance. Vincent W. Salvati Vincent W. Salvati is Senior Vice President and Chief Financial Officer for Call-Net Enterprises, Inc., a rapidly growing Canadian-based telecommunications company. Mr. Salvati began his telecommunications career in 1981 at AT&T International where he served as controller. He has served in key leadership positions in both the equipment and services businesses throughout his 14 years at AT&T. In 1995, Mr. Salvati became Group Vice President and Chief Financial Officer of Bell Canada, the largest of the Canadian telecommunications companies. He was a key member of the executive team that accelerated the transition from monopoly to a competitive enterprise. During his tenure, earnings increased over 60% and the Company posted two consecutive years of positive free cash flow for the first time in over 50 years. Mr. Salvati joined Call-Net Enterprises, Inc. in December 1998. He also serves as a Director of Microcell Telecommunications, Inc., a Canadian wireless operator in which Call-Net holds an equity interest. A veteran of more than 18 years in the telecommunications industry, he holds a Bachelors Degree in Business Administration from St. Francis College and a Masters Degree in economics from St. John's University. Mr. Salvati has also completed the Advanced Management Program at INSEAD and is a Certified Public Accountant. Stephen P. Monk Stephen P. Monk is the Manager, Corporate Development for Call-Net Enterprises Inc. Joining Call-Net in November of 1997, Mr. Monk's responsibilities include mergers and acquisitions as well as strategic planning and development. Prior to joining Call-Net, Mr. Monk worked as a corporate and securities lawyer at Davies, Ward and Beck, one of Canada's leading law firms. Mr. Monk is also an electrical engineer and has worked at leading companies such as Lockheed Canada and SHL Systemhouse Inc. Mr. Monk holds a Masters of Business Administration degree from the Richard Ivey School of business, a law degree from the University of Western Ontario and a B.Sc. Electrical Engineering from Queen's University at Kingston. He is a professional Engineer with the Association of Professional Engineers of Ontario, a member of the Canadian Bar Association and a member of the Law Society of Upper Canada. About 3web 3web is a proprietary software application that was developed by Cybersurf Interactive Media, a division of Cybersurf Corp. It offers 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 is supported by commercial advertising and E-commerce initiatives is totally free to the user. Cybersurf's proprietary 3web advertisement-supported approach is unique in Canada bringing highly targeted, demographically-specific advertising to the user's desktop. Traditional portals provide advertising via banner ads on web pages, making it easy to click the ad away. 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 the 3web Network can be guaranteed exact impressions and can target specific demographic profiles. To view examples of 3web in context with Netscape's browser, simply visit www.3web.net/screenshots. If you wish to have a better understanding of Cybersurf's proprietary technology, and of the 3web Network's intelligent advertising capabilities, visit www.3web.net/overview to download the full 3web interactive overview (56MB). Cybersurf is a communications company in the business of developing and marketing innovative software and connectivity tools. At Cybersurf, our goals are to enhance the use of telecommunications hardware and to develop unique software, which has substantial potential for businesses and consumers. The Alberta Stock Exchange has neither approved nor disapproved of the information contained herein. Directors: Gordon Anderson, George Gonzo, William T Hammett, Lorne H Jacobson, Paul Mercia, James R Milliken, Stephen P Monk, Vincent W Salvati For further shareholder information please contact Jody Balon at Cybersurf Corp (403) 777-2000, ext. 262. www.cybersurf.net www.3web.net Email: info@cybersurf.net