Cybersurf Announces Positive Earnings for the Third Consecutive Quarter.CALGARY, Alberta--(BUSINESS WIRE)--June 1, 1999-- Paul Mercia, President of Cybersurf Corp. (ASE (Adaptive Server Enterprise) A relational DBMS from Sybase that runs on Windows NT/2000, Linux and a variety of Unix platforms. ASE is a comprehensive and robust data management product with a long history dating back to the late 1980s. :CY.) is pleased to report the following results for the nine months ended March 31, 1999. Financial: For the 3rd quarter in a row (period added March 31, 1999) Cybersurf Corp. has produced positive earnings. The earnings for the period are $587,845 ($0.034 per share) as compared to $46,623 in the same period of the prior year. Revenues are $3,157,197 up from $1,978,487 in the prior year. General and administrative cost administrative cost Managed care A cost incurred by the 'business' end of a health care facility or university–eg, staffing and personnel costs, nursing home and hospital administration, insurance, and overhead expenses. Cf Indirect costs. are lower due to prudent decision making in daily operations. Cash flow from operations Cash flow from operations A firm's net cash inflow resulting directly from its regular operations (disregarding extraordinary items such as the sale of fixed assets or transaction costs associated with issuing securities), calculated as the sum of net income plus noncash expenses was $911,769 ($0.05 per share) compared to an inflow in·flow n. 1. The act or process of flowing in or into: an inflow of water; an inflow of information. 2. of $303,746 in the prior year. The 3web Network is a proprietary software application that was developed by Cybersurf Interactive Media, a division of Cybersurf Corp. It offers its Calgary and Edmonton users a powerful and secure portal to anywhere on the World Wide Web, as well as Email and E-commerce functionality. The 3web Network's revenues are generated through commercial advertising and e-commerce, but is 100 per cent free to the user. Cybersurf's proprietary 3web advertisement-supported technology is unlike any other in existence, in that it brings highly targeted, demographically-specific advertising to the user's desktop. While traditional portals spawn To launch another program from the current program. The child program is spawned from the parent program. (operating system) spawn - To create a child process in a multitasking operating system. E.g. advertising within a web browser The program that serves as your front end to the Web on the Internet. In order to view a site, you type its address (URL) into the browser's Location field; for example, www.computerlanguage.com, and the home page of that site is downloaded to you. (making it easy to bypass), 3web's portal operates independently of any Web browser and can never be hidden or disabled. No matter where the user travels on the Internet, 3web's advertising is always visible. It is because of this feature that advertisers on 3web can be guaranteed exact impressions and can target a specific demographic audience. To view examples of 3web in context with Netscape's browser, simply visit http://www.3web.net/screenshots. If you wish to have a better understanding of Cybersurf's proprietary technology, and of the 3web Network's intelligent advertising capabilities, visit http://www.3web.net/overview to download the full 3web interactive overview (56MB). Cybersurf is a communications company Communications Company is a communications unit of the United States Marine Corps. They are part of Combat Logistics Regiment 37 , 3rd Marine Logistics Group (3MLG) and III Marine Expeditionary Force (III MEF). The unit is based out of the Marine Corps Base Camp Smedley D. in the business of developing and marketing innovative software and connectivity tools. At Cybersurf, our goals are to enhance the use of telecommunications hardware and to develop unique software, which has substantial potential for businesses and consumers. The Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). has neither approved nor disapproved of the information contained herein. |
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