Cybertel Communications Contracts with United States Marine Corps Exchange to Sell CyberPhones; Potential Military Sales Could Generate Several Millions in CyberPhone Sales.SAN DIEGO -- Cybertel Capital Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CYBT) announced today that its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Cybertel Communications Corporation, has received its first CyberPhone purchase order from the Marine Corps Exchange at Camp Pendleton California. The company anticipates moving on a fast track to place CyberPhones in all Military Exchanges. "We assess the potential sales in this Military niche to be conservatively in the $1,000,000,000 range," stated Richard Schmidt, Cybertel's President and CFO See Chief Financial Officer. . Retired Marine Colonel Richard Mangiarelli, Cybertel 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. , stated, "Soldiers, Sailors, Marines, Airman and Coastguardsmen all over the world will be able to talk with their loved ones from anywhere they are and have access to a computer with a broadband connection. They won't have to be in the vicinity of a phone bank and pay 75% more per minute to talk with their loved ones." About Cybertel: Cybertel Capital is a holding company that acquires interests in privately held companies privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. . Cybertel Capital will also act as an incubator for profitable companies that would like to go public in the near future. Cybertel Capital will provide services to these companies and investment into their infrastructure that will enable them to become a public entity through dividend distribution to the shareholders of Cybertel Capital. 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. Statement under 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: The statements which are not historical facts contained in this advertisement are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, governmental approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission. |
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