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CyberAds, Inc. Executes 50 Million Financing Agreement with Dutchess Private Equities Fund, LP.


Business Editors/High-Tech Writers

BOCA RATON Boca Raton (bō`kə rətōn`), city (1990 pop. 61,492), Palm Beach co., SE Fla., on the Atlantic; inc. 1925. Boca Raton is a popular resort and retirement community that experienced significant industrial development in the 1970s and 80s. , Fla.--(BUSINESS WIRE)--March 9, 2004

CyberAds, Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:CYAD) announced today that it has executed a financing agreement with Dutchess Private Equities Fund, LP, based in Boston, MA.

CyberAds newly acquired capital will be dispersed throughout the company's various operations in Real Estate development and Internet Marketing See Internet advertising.  that includes the fast growing fields of cellular telecommunications, financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 and health care.

Under the terms of the agreement, CyberAds, Inc. may elect to receive as much as $50 million from Dutchess in common stock purchases over the next three years.

About Dutchess Private Equities Fund, LP:

Dutchess Private Equities Fund, LP is engaged in assisting growth companies in all facets of their long-term strategy by providing capital and progressive business solutions. Dutchess Private Equities Fund, LP, manages a portfolio of private investments in public equities. Founded in 1996, Dutchess has been involved in excess of $200 million in financings for such companies.

About CyberAds, Inc.:

An established, veteran management team is the force behind CyberAds' unstoppable drive to promote an iron clad structure of growth and its pledge for a place on NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
.

Please visit the company website at www.cyadcorp.com for more details.
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Publication:Business Wire
Date:Mar 9, 2004
Words:201
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