Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: CocoBob who wrote (1855)	6/3/1999 12:24:00 PM
From: SIer formerly known as Joe B.	Respond to of 3243

Clarification of the Sale of Cybersurf's Vancouver Subscriber Base to Internet Direct Business Editors/Technology Writers CALGARY, Alberta--(BUSINESS WIRE)--June 3, 1999--Due to the overwhelming number of inquiries regarding the sale of Cybersurf's (ASE:CY.) Vancouver subscriber base, Cybersurf wishes to clarify a press release issued by Internet Direct on June 1st, 1999. Internet Direct stated that it has completed the subscriber base acquisitions of Cybersurf Corp. Internet Direct purchased a small portion of Cybersurf's regular dial-up subscriber base, and has not in fact acquired Cybersurf's entire subscriber base. None of the subscribers sold to Internet Direct belong to the 3web Network (Cybersurf's free Internet and Email service). In anticipation of a Vancouver launch of 3web, Cybersurf sold its Vancouver subscriber base of approximately six hundred (600) users to Internet Direct. Unlike 3web subscribers, those sold to Internet Direct are regular dial-up users who still pay for Internet access. Cybersurf's subscriber base of 3web users is nearing one hundred thousand (100,000) in Alberta alone, making it one of the largest Internet Service Providers (and the only free Internet service) in Canada. 3web's subscriber base in Calgary and Edmonton is currently growing at a rate of 300 new users per day. 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 Email and E-commerce functionality. The 3web Network is subsidized by commercial advertising, and is 100 percent 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 highly 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. --30--EB/ho* CONTACT: Cybersurf Corp Paul Mercia, 403/777-2000 www.cybersurf.net www.3web.net Email:info@cybersurf.net KEYWORD: INTERNATIONAL CANADA INDUSTRY KEYWORD: COMED COMPUTERS/ELECTRONICS INTERACTIVE/MULTIMEDIA/INTERNET Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com * end of story *