SOURCE: CYBERSURF CORP.

August 02, 2006 12:17 ET

Cybersurf to Launch Local Phone (VoIP) Services in the United States of America

CALGARY, AB -- (MARKET WIRE) -- August 2, 2006 -- Cybersurf Corp. (TSX-V: CY) ("Cybersurf"), one of Canada's leading independent Internet service providers, today announced its intention to launch its local phone services and Internet services in strategic US markets through its subsidiary Cybersurf US Corp. The services will be marketed under Cybersurf's CIA brand (http://www.cia.com). The company will initially roll out its services in New York, Massachusetts, Maryland, Pennsylvania, New Jersey, Michigan, Ohio and California, covering some of the most populated states in the US. Expansion into additional states will be announced in due course.

"This initial rollout represents a population of approximately 100 million Americans representing a significant market opportunity for our CIA Local Phone, and Internet services. This expansion has been in planning for some time, and will significantly increase our market reach while leveraging certain existing infrastructure costs," said Paul Mercia, Cybersurf President and Chief Executive Officer. "We are confident we will meet our initial targets and capture customers in each state through a competitive local offering."

The launch of CIA's Local Phone service in the US will build upon the highly successful launch of the same service in Canada which includes aggressively priced long distance calling and a variety of popular calling features. The company's local phone offering in the US will be positioned to compete with existing Voice over Internet Protocol ("VoIP") offerings and other local telephone services of the leading providers (including incumbent carriers) in each market.

The CIA dial-up Internet offer will include free accelerator software as well as free technical support. The new service will be positioned to compete with dial-up services provided by other market competitors, such as Netscape and United Online. The new service will include unlimited dial-up Internet access without any term commitment for US $9.95 per month.

About Cybersurf Corp.

Cybersurf is an independent Internet and communications company providing consumers in the United States and Canada with a value-driven alternative to large incumbent carriers. Cybersurf prides itself on providing the highest possible quality of services at the lowest possible prices and is one of Canada's largest independent Internet service providers.

Cybersurf believes consumers want 'The Freedom of Choice' that comes with having a truly independent provider as an alternative to larger incumbent telephone companies or cable carriers -- a choice that allows users to connect to the Internet how they want and with an independent provider that focuses on the needs of today's average user by providing quality service at the best possible price. Cybersurf is that choice.

Cybersurf's common shares trade on the TSX Venture Exchange under the trading symbol "CY."

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.

Forward-Looking Statements

This news release may contain certain forward-looking statements. All statements, other than statements of historical fact, included herein, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are based on the estimates and opinions of management on the date the statements are made, and Cybersurf does not undertake an obligation to update forward-looking statements should conditions or management's estimates or opinions change.

For more information about Cybersurf, please visit www.cybersurf.com or www.cia.com or email investor.relations@cybersurf.com.

Contact Information

  • Contact:
    Cybersurf Corp.
    300, 1144 - 29 Avenue NE
    Calgary, AB T2E 7P1
    Ph: 403.777.2000
    Fax: 403.777.2003