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CyPost Reports Extensive Growth in 1999 Financials.


Business Editors

DOVER, Del.--(BUSINESS WIRE)--March 31, 2000

CyPost Corporation (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:POST) (OTCBB:POSTE) released its 1999 year end financials today, showing continued growth and strong results.

Revenues grew from $10,437 in the first quarter to $823,279 in the fourth quarter, totalling $1,020,347 in annual revenues for 1999. To view a full version of the Company's 1999 financial results and 10KSB KSB Kogod School of Business (American University)
KSB Kelley School of Business (Indiana University)
KSB Kantonsschule Am Brühl St.
, please visit the Company's website at http://www.cypost.com/corp_invest.html

"1999 was an extremely busy year for the entire CyPost team and our financials illustrate our growth," said Robert Sendoh, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  and chairman of CyPost. "Compared to our peers in this early stage of a company's lifecycle, our revenues are strong and both net losses and loss per share were minimal. The company has grown from six employees in Canada to sixty-five employees in three countries offering leading- edge security software in just over a year."

CyPost Corporation had a year of rapid growth, some highlights of 1999 include:


       * SEC fully reporting status achieved
       * Standard & Poor's listing, adding visibility and market reach
       * Release of Navaho Lock 2.4
       * Beta release of Navaho Lock with Voice
       * Acclamation from major industry publications, PC Magazine, as
well as PC World Online, CNN Online, The Dave Chalk Computer Show, and
Portable Computing.
       * First patent-pending process
       * Completion of 5 Internet Acquisitions: Hermes Net Solutions and
Intouch Internet of Vancouver, NetRover of Toronto, ConnectNorthwest
of Seattle, and Internet Arena of Portland
       * Letter of Intent to purchase Playa Corporation, Developers of
Yabumi Instant Messaging, E-greeting cards and email services


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 security management, including encryption technology, anti-virus software anti-virus software nAntivirensoftware 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.

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.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 31, 2000
Words:404
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