Correction: CyPost Reports Revenues of $1,063,823 and Results for First Quarter 2001.Business Editors VANCOUVER, B.C.--(BUSINESS WIRE)--June 8, 2001 CyPost Corporation (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :POST) corrects its release dated May 17, 2001 concerning its first quarter financial results. The net loss for the quarter ending March 31, 2001 was $547,983 compared with a net loss of $1,303,753 for the first quarter of last year, a decrease of 58%. The Company incorrectly reported that decrease as "102%." CyPost apologizes for this error. Except for historical matter contained herein, the matters discussed in this press release are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. and are made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These forward-looking statements reflect assumptions and involve risks and uncertainties, which may affect CyPost Corporation's business and prospects and cause actual results to differ materially from these forward looking statements. |
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