Cybiko, Inc. Announces Investment by America Online.

Business/Technology Editors

BLOOMINGDALE, Ill.--(BUSINESS WIRE)--Sept. 12, 2000

Cybiko, Inc., a leading developer of handheld electronic devices for the youth market, today announced that America Online has invested in Cybiko. In addition to the investment, Cybiko and America Online have agreed to work together to enable functionality of popular AOL features on Cybiko's handheld device.

"We are thrilled with the investment by America Online, an industry leader bringing years of experience in delivering quality, interactive online entertainment to millions of consumers," said David Yang, Founder and CEO, Cybiko, Inc.

"Cybiko's teen-focused handheld device offers the youth segment of online users an easy, fun and affordable way to communicate with their friends and play interactive games," said Ron Peele, AOL Investments. "Cybiko has an innovative wireless solution and has developed a unique product for this quickly-growing online population segment."

The Cybiko system combines wireless chatting, interactive gaming, email and personal digital assistant (PDA) capabilities in an all-in-one device designed for teens. The company offers free game and application downloads from www.cybiko.com.

"We look forward to bringing our low-cost wireless PDA to teenagers everywhere, and are excited to explore with America Online opportunities to offer AOL features on the Cybiko handheld," said Don Wisniewski, President, Cybiko, Inc.

About Cybiko, Inc.

Cybiko, Inc., headquartered in Bloomingdale, IL, is a multinational Internet appliance company, which manufactures and markets consumer electronics for teens. The company's leading brand distributed in the United States, also called Cybiko, is the first digital, wireless, handheld entertainment and communications system targeted to the youth market. It combines instant messaging, email, interactive gaming and personal information applications in one compact device.