November 16, 2006 19:38 ET

Default Status Report

CALGARY, AB -- (MARKET WIRE) -- November 16, 2006 -- Cybersurf Corporation (TSX-V: CY)

TO: Alberta Securities Commission
    British Columbia Securities Commission
    Ontario Securities Commission
    (collectively, the "Securities Regulators")
TAKE NOTICE that Cybersurf Corp. (the "Corporation") would like to update its Notice of Default, as follows:

1. The Corporation is in the final stages of completion of its annual financial statements, the audit report thereon, and management discussion and analysis for the year ended June 30, 2006 (collectively, the "Financial Statements") and expects to have these items ready for filing between November 17, 2006 and November 20, 2006. The Corporation does not file an annual information form.

2. There is no other material information or change regarding the information in the Corporation's Notice of Default. Dated at Ottawa, Ontario on November 16, 2006. Cybersurf Corp.

"Charles Rifici"
Charles Rifici
Chief Financial Officer

Contact Information

  • Contact:

    Cybersurf Corp.
    71 Bank Street, 2nd Floor
    Ottawa, ON K1P5N2