CyberAds' Capital Asset Development Division Will Acquire Additional 10% Of The Vineyards.

Business Editors/Real Estate Writers

BOCA RATON, Fla.--(BUSINESS WIRE)--Feb. 24, 2004

CyberAds, Inc. (OTCBB:CYAD) announced today that its Capital Asset Land Develop Division has executed a Letter of Intent to acquire an additional 10% stake in The Vineyards Country Club real estate development project, located in the Palm Springs, CA area.

Having acquired a 22% interest in 2003, and with previous Letters of Intent to purchase an additional 34% in 2004, the CyberAds' stake in The Vineyards would increase to a total of 66% after the acquisition of an accompanying 10%.

Once the acquisition of the additional 10% and the accompanying 34% are closed, with a total of 66% ownership of The Vineyards, CYAD would maintain majority interest in the project. The Company would plan to consolidate The Vineyards' financials into its own.

The Company recently announced that after acquiring the initial 22% stake of The Vineyards, approximately $10,700,000 was added to the Company's 2003 year-end balance sheet.

CYAD's current strategy of acquiring a majority stake-holding (78%) in The Vineyards is also attracting the attention of many on Wall Street, who are looking for more lucrative investment opportunities in young companies.

The Vineyards held its Grand Opening on November 14, 2003. Located in the Coachella Valley (Palm Springs, CA), The Vineyards Country Club caters to the some 30 million motor coach enthusiasts throughout the United States. The project offers 460 luxury motor coach pads consisting of a Casita, a 1.5 car garage, laundry room and full bathroom, totaling 530 square feet; with larger options of up to 1,100 square feet. Phase One consists of 69 luxury coach sites and Phase Two will add an additional 79. Additionally, the project includes 30 acres of commercial property immediately adjacent to the property with plans for an extended stay hotel, retail, and an entertainment complex.

About CyberAds, Inc.

CyberAds, Inc. is a holding company of several subsidiaries with its core operations being that of development of land and real estate projects. Having recently acquired a 22% interest in a luxury motor coach country club, "The Vineyards," it is in the process of acquiring other real estate holdings. CYAD's other subsidiaries are, Freecellular.com, a free cellular phone service, ApprovedBankcard.com, a pre-paid Mastercard that helps consumers establish a good credit rating and BeneficialHealthCare.com, a discount healthcare card service that provides up to 60% discount on medical bills. Operating out of Boca Raton, Florida, the company has embarked on an acquisition campaign that is focused on 'bricks and mortar' companies with positive cash flow and a potential for growth.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the forward looking matters discussed in this news release are subject to certain risks and uncertainties which could cause the Company's actual results and financial condition to differ materially from those anticipated by the forward-looking statements including, but not limited to, the Company's liquidity and the ability to obtain financing, the timing of regulatory approvals, uncertainties related to corporate partners or third-parties, product liability, the dependence on third parties for manufacturing and marketing, patent risk, copyright risk, competition, and the early stage of products being marketed or under development, as well as other risks indicated from time to time in the Company's filings with the Securities and Exchange Commission, such as the Company's Form 15C211 for the fiscal year ended September 30, 2001. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.