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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: Freeflight who wrote (24918)	5/5/1999 2:49:00 PM
From: PK	Read Replies (1) \| Respond to of 77400

OT..CYSI&CSCO news CYSI Float 941,735 Outstanding 5,820,000 Cyberfast Systems Announces Net Income Of $283,510 Or $0.05 Per Share Per Month HIGHLAND BEACH, Fla., May 5 /PRNewswire/ -- Cyberfast Systems, Inc., (OTC Bulletin Board: CYSI - news; ''Cyberfast'' or the ''Company'') a publicly traded company, announces a pre-tax net income of $283,510 per month from the first three (3), out of a scheduled total of twenty-two (22), high-speed fiber optic circuits, contracted to be installed into European cities in 1999. As previously reported on March 12, 1999, Cyberfast Systems projects total annual revenues in the range of $100 million upon completion of all twenty-two (22) circuits into Europe. According to Company President Edward Stackpole, ''The installation of an additional eight (8) circuits (which are in various stages of completion) should be operational within this second quarter of 1999.'' Cisco Systems, Inc. as previously announced on February 8, 1999, will finance all hardware required for 1999. Cyberfast is an international provider of state-of-the-art Voice Over Internet Protocol (VOIP) communications, building an Internet infrastructure into strategic locations worldwide. Cyberfast Systems, Inc. common stock is traded on the Over-the-Counter Bulletin Board under the symbol ''CYSI.'' Certain statements contained herein are ''forward-looking statements'' within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future business development activities, and are thus prospective. Such forward-looking statements are subject to risks, uncertainties and other factors which could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. Potential risks and uncertainties include, but are not limited to, economic conditions, competition and other uncertainties detailed from time to time in the Company's Securities and Exchange Commission filings. SOURCE: Cyberfast Systems, Inc.