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CY

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Share Name Share Symbol Market Type
TSXV:CY TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Cybersurf Reports On Annual And Special Shareholders' Meeting

02/06/2009 11:00pm

Marketwired Canada


Cybersurf Corp. ("Cybersurf") (TSX VENTURE:CY), one of Canada's leading Internet
technology and service companies, held its annual and special meeting of
shareholders on Friday, May 29, 2009 in Calgary (the "Meeting"). At the Meeting,
Cybersurf's shareholders voted to:


- approve the sale of substantially all of the assets of Cybersurf to
Communication Telosysteme Inc. ("Telosysteme") an affiliate of Distributel
Communications Limited (the "Distributel Transaction").


- re-elect Paul Mercia, R. James Milliken and Jay Roberge to serve as directors
of Cybersurf Corp. until the next annual meeting of shareholders; and


- appoint DNTW LLP, Chartered Accountants, as auditors of the Corporation until
the next annual meeting of shareholders.


With shareholder approval of the Distributel Transaction, Cybersurf is working
to finalize the terms of the definitive asset sale agreement with Telosysteme,
and expects that the Distributel Transaction will, subject to various conditions
of closing, be completed on or before June 8, 2009.


About Cybersurf Corp.

Cybersurf is an independent Internet and communications company providing
consumers in the United States and Canada 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 consumers want 'The Freedom of Choice' that comes with having
a truly independent provider as an alternative to 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.


Cybersurf's common shares trade on the TSX Venture Exchange under the trading
symbol "CY".


- Note: Cybersurf is currently subject to Cease Trade Orders issued by the
Alberta Securities Commission on December 30, 2008 and the Ontario Securities
Commission on January 16, 2009.


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