SOURCE: Cyber Digital, Inc.

June 12, 2007 07:30 ET

Cyber Digital, Inc. Announces Closing Date Before June 22nd to Acquire Two Profitable Telephone Companies

NEW YORK, NY--(Marketwire - June 12, 2007) - Cyber Digital, Inc. (OTCBB: CYBD), a leading designer and software developer of proprietary advanced digital voice and broadband data switches, announced today the closing date of June 22, 2007 or sooner to acquire New Rochelle Telephone Corp. and Telecarrier Services, Inc. These profitable companies are being acquired on cashless basis through an assumption of certain debt.

These telephone companies are licensed to provide services in the states of New York, New Jersey, Pennsylvania, Ohio, Massachusetts and Florida by both the Federal Communications Commission (FCC) and appropriate state Public Utility Commission (PUC). The FCC and the PUC of six states recently approved the transfer of control of New Rochelle Telephone Corp. and Telecarrier Services, Inc. to Cyber Digital.

"We are very excited that these two acquisitions are closing soon. Our strategy is to grow through acquisitions as it provides for large-scale expansion and controlled deployment of our networks with minimal cost of customer acquisition, " stated J.C. Chatpar, president and CEO.

To learn more about Cyber Digital (CYBD) and its strategic direction for success:

Please watch the Video Analysis on CYBD by Mike "The Analyst" -- Click here: http://www.microsreport.com/VideoAnalysis/CYBD.swf

To download the Analyst Report on CYBD in print form -- Click here: http://www.microsreport.com/pdf/CYBD.pdf

To hear various interviews (podcasts) with J.C. Chatpar -- Click here: http://feeds.mn1.com/index.cfm?search=cybd

About Cyber Digital, Inc.

Cyber Digital, Inc. is a leading designer and software developer of proprietary advanced distributed digital voice switches and high-performance Internet Protocol (IP) broadband systems, such as softswitches, routers, gateways, firewalls and servers for network operators worldwide. The FCC's recent deregulation of the 'Last Mile' switching in the communications industry has created an ideal market for Cyber Digital to enter the lucrative voice and broadband data services market with its proprietary switching systems. For more information, visit www.cyberdigitalinc.com

This press release contains forward-looking statements, pursuant to the "safe harbor" provisions as fully described in Cyber's SEC filings.

Contact Information

  • Contact:
    Cyber Digital, Inc.
    Investor Relations
    (631) 231-1200
    Email Contact