SOURCE: CYBERSURF CORP.

June 22, 2005 16:24 ET

Roy Graydon Resigns Office of Director of Cybersurf Corp.

CALGARY, AB -- (MARKET WIRE) -- June 22, 2005 -- Cybersurf Corp. ("Cybersurf" or "the company") (TSX-V: CY), one of Canada's leading independent Internet service providers and Internet technology companies, today announced that Roy Graydon, the representative of Call-Net Enterprises Inc. on the board of directors of Cybersurf, today resigned his office as a director of the company effective immediately.

In his letter of resignation addressed to Mr. James Milliken, the chairman of the board of Cybersurf, Mr. Graydon explained his reasons for resigning from the board as follows:

"As you are aware, Rogers Communications Inc. has made an offer to acquire Call-Net, which is currently scheduled to close on July 1, 2005. Once that transaction closes, my role will change making it no longer appropriate to sit as Call-Net's representative."

Pursuant to a Share and Warrant Subscription Agreement dated July 19, 1999, Call-Net continues to have the right to appoint board members. At this point, Call-Net has not exercised its right to replace Mr. Graydon with another nominee on the Cybersurf board.

About Cybersurf Corp.

Cybersurf is an independent Internet and communications company providing Canadians 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 Canadians want 'The Freedom of Choice' that comes with having a truly independent provider as an alternative to Canada's 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. For more information about Cybersurf please visit www.cybersurf.com.

Cybersurf's common shares trade on the TSX Venture Exchange (TSX-V: CY).

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

Contact Information

  • For more information, please contact
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