SOURCE: Cybertel Capital Corporation

May 15, 2007 09:00 ET

Cybertel Capital Corporation Announces Its 1st Quarter 2007 Financials Which Show Revenue Exceeded the Entire Pervious Year of 2006 by More Than 15%

LAS VEGAS, NV -- (MARKET WIRE) -- May 15, 2007 -- Cybertel Capital Corporation's (OTCBB: CBEL) Board of Directors has announced today that CBEL has released its 1st quarter 2007 financial report, which show revenue in the 1st quarter exceeded the revenues for the entire year of 2006. Cybertel Capital's 10QSB was filed with the SEC yesterday May 14, 2007.

Stated James Wheeler, CEO of (CBEL), "We expected 1st quarter numbers to look very good but did not expect that the revenue would exceed the entire revenue for 2006. We feel that AireWire is now gaining market share and anticipate that the revenue will continue to improve."

Highlighted results:

Combined revenues for the twelve months ending December 2006 were reported as $153,845. Revenues for the three months ending March 2007 jumped to $174,147, an increase of over 15% over all of 2006. 1st quarter of 2006 revenue was posted at $7,863. During the same period, cost of revenues increased from $0.00 in March 2006 to $5,432 in March 2007. Gross profits rose from $7,863 to $168,715.

The complete financial report can be found at www.sec.gov.

About AireWire

AireWire is a wholly owned subsidiary of CyberTel Capital Corporation (OTCBB: CBEL) and offers Broadband Radio, IP Engineering and Consulting Services for the Wireless and Telecommunications Industries. More information on AireWire, Inc. can be found by visiting its web site at www.airewire.com.

About CyberTel Capital Corporation

CyberTel Capital Corporation is a holding company with interests in areas of telecommunications, data management, information systems and public safety communication and response solutions. CyberTel trades on the OTC Bulletin Board under the ticker symbol CBEL. For more information on CyberTel or AireWire contact investor@CBELinc.com or visit web site at www.airewire.com.

Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of CBEL officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future CBEL actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance, or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and CBEL has no specific intention to update these statements.

Contact Information

  • Jim Wheeler
    (858) 646-7410