CyPost's 10SB12G Cleared by the SEC.Business Editors DOVER, Delaware--(BUSINESS WIRE)--Oct. 25, 2000 CyPost Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :POST) today announced that the Securities and Exchange Commission has advised the company that they will have no further comments on the 10SB12G, 10-KSB, or the 8Ks. The SEC also advised The Company that it would be fully cleared when all subsequent reports are filed (1st and 2nd Quarters of 2000), and reviewed. The Company anticipates that these reports will be filed shortly, upon review by The Company's auditors. CyPost began filing in July of 1999 with its initial 10SB registration. Since the initial registration, The Company has filed Quarterly 10QSBs, a fully audited 10-KSB, and 8Ks upon completion of acquisitions. "We are very much looking forward to enlightening en·light·en tr.v. en·light·ened, en·light·en·ing, en·light·ens 1. To give spiritual or intellectual insight to: our investment community with the positive aspects of the product line and ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. Network that have been very much overshadowed by the outstanding comments with the SEC", said Rob Adams, President of CyPost. "It is nice to be able to say that it is business as usual once again. We are looking forward to filing our first and second quarter financial statements, now that there are no longer outstanding comments." The company has met and exceeded its revenue projections and will continue to review acquisition candidates and new product development opportunities. About CyPost CyPost Corporation (www.cypost.com) develops and bundles secure e-communication tools for use on the Internet and private networks. The company provides complete privacy and protection management, including encryption technology, anti-virus software anti-virus software n → Antivirensoftware f and content management applications, for use at entry points and gateways to the Internet. The CyPost Network of Service Providers is a network of wholly owned Application and Internet service providers Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. that strive to offer the most up to date privacy and protection solutions available to subscribers. For more information please call toll-free 1-877-CyPost1 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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