September 24, 2010 09:15 ET

Cyberplex Provides Update on Share Trading Activity

TORONTO, ONTARIO--(Marketwire - Sept. 24, 2010) - Cyberplex Inc. (TSX:CX) a leader in online publishing and customer acquisition strategies today provided an update to investors regarding the recent trading activity in the Company's stock.

The Company announced that there have been no material developments at the Company which it believes would explain the recent decline in the Company's share price, or the relatively high volume of shares traded in the preceding trading days.

Geoffrey Rotstein, Chief Executive Officer of the Company, said, "We received a number of inquiries regarding the recent trading volumes and corresponding decline in our stock price. While we do not as a matter of policy address trading trends in our stock, we felt it important to ensure that all of our stockholders received our response to these inquiries. We are unaware of any material developments which might have caused our stock to trade lower in recent days".

Cyberplex also reaffirmed today its guidance previously provided during the second quarter of 2010 conference call that revenue for the second half of 2010 is expected to be in the range of $75 to $85 million, and adjusted EBITDA is expected to be between $10 and $12 million.


Cyberplex Inc. ( is a North American leader in online publishing and customer acquisition strategies. The Company, through its subsidiaries, leverages over 300 proprietary web properties and its vast publisher network to connect advertisers to their most relevant online customers. By combining high quality publishing initiatives with efficient technology solutions and online marketing expertise, Cyberplex is able to deliver the optimal targeted audience to online advertisers. Cyberplex delivers measurable results that improve advertiser ROI, monetize the value of online properties, and build targeted, loyal online audiences.


This news release may contain forward-looking statements that are based on management's current expectations and are subject to known and unknown uncertainties and risks, which could cause actual results to differ materially from those contemplated or implied by such forward-looking statements. Cyberplex is under no obligation to update any forward-looking statements contained herein should material facts change due to new information, future events or otherwise.

Contact Information

  • Cyberplex Inc.
    David Katz
    VP Corporate Development
    416.597.2345 (FAX)