C-ME's CEO To be Speaker At Global Internet Summit.

Business Editors

PASADENA, Calif.--(BUSINESS WIRE)--Oct. 25, 2000

Frank Yuan, Chairman and CEO of Cyber Merchants Exchange (C-ME) (OTC-BB: CMEE) will be a keynote speaker at the Global Internet Summit in Stockholm, Sweden on October 26 and 27, 2000.

The conference theme is "Business to Business Marketplace: E-Commerce for The Enterprise" and it will feature other notable corporate executives such as Steve Ballmer, the President and CEO of Microsoft (Nasdaq: MSFT) and Paul Bell, the President EMEA of Dell Computers (Nasdaq: DELL).

The Global Internet Summit in Stockholm has been organized to explore the evolving B2B Internet World. An excerpt from The Global Internet Summit website elaborates. "The Internet Business-to-Business (B2B) model created new rules on how industries conduct operations. B2B solutions are prospering around the globe. Today, Europe is leading the charge. Catalogs, barters, exchanges or auctions abound.

So far, B2B companies have outpaced the rest of the group and we saw the B2B bandwagon of relatively young companies leading the charge in the New Economy revolution.

However, as a result of this stock market shakeout, some firms are leaving serious question marks about their viability and the future of B2B models in general. What lessons can be learned from the first generation of B2B players? Who will be the survivors and what guidelines should a B2B start-up follow to be successful? These are just a few of the questions that will be asked and answered in Stockholm."

Mr. Yuan expressed his excitement about participating in the Global Internet Summit. "It is an honor to be included as a speaker with some of the most respected executives in the world of the Internet. A summit of this magnitude combines some of the best leaders and companies in today's economy. These companies are the driving force of the revolutionary change occurring in the business world today."

A full color video presentation with sound of Mr. Yuan's keynote address will be available at www.c-me.com several weeks after the conference.

About CYBER MERCHANTS EXCHANGE, INC. (C-ME)

C-ME (http://www.C-ME.com) is to use its proprietary web-based software to create a global B2B e-commerce solution that streamlines the way retailers locate finished and made-to-order viable merchandise. C-ME's current retail partners include Factory 2-U Stores (NASDAQ: FTUS) and Burlington Coat Factory (NYSE: BCF). The company also provides vendors with the Virtual Trade Show (TM) ("VTS"), a vertical marketplace for vendors to display their product in an open environment. The company is currently forming multiple joint ventures in the Pacific Rim to facilitate direct international merchandise sourcing for its U.S. retail partners. C-ME has operations in twenty-one cities in seven countries

Certain of the statements made herein constitute forward-looking statements that involve risks and uncertainties. In such instances, actual results could differ materially as a result of a variety of factors including the risks associated with the effect of changing economic conditions at home and abroad, variations in cash flow, reliance on collaborative retail customers, reliance on intellectual property legislation, use of proprietary un-patented technology, dependence on the Internet and on new product development, variations in new product and service development, risks associated with rapid technological change, and potential of introduced or undetected flaws and defects in products and services and other risk factors detailed in forms filed with the Securities and Exchange Commission from time to time.