Cypost Develops Instant Messaging Service for Japanese Mac Market.Business Editors DOVER, Del.--(BUSINESS WIRE)--March 6, 2000 (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. :POST) CyPost Corporation (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:POST) announced the launch of Yabumi Instant Messaging for Macintosh computers today. The product officially enters its beta stage today and will be available on the Yabumi website (www.yabumi.com) later this week. "The addition of Mac users to Yabumi's target audience is essential to fulfill our strategy of providing e-communication solutions to a broad-based audience, said Robert Sendoh, chairman and 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. of CyPost. "After the Mac technology has been tested and established in the Japanese market, we expect to begin the localization Customizing software and documentation for a particular country. It includes the translation of menus and messages into the native spoken language as well as changes in the user interface to accommodate different alphabets and culture. See internationalization and l10n. process to bring both the PC and Mac versions to North America as part of our e-communications bundle." Apple's Macintosh computers have shown considerable growth in the Japanese market, with unit sales unit sales Sales measured in terms of physical units rather than dollars. Unit sales data are often used by financial analysts when evaluating the health of a company. of Macintosh up 35% in 1999, and strong growth in Japanese consumer sales, according to Apple's 1999 Annual Report. "Apple has devoted considerable resources to developing the best available technology for Japanese users, and we want to match that technology with our instant messaging program", said Sendoh. CyPost acquired Yabumi's parent company, Playa Corporation earlier this month adding more than $500,000 US in annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. revenues to CyPost's top line revenues. Yabumi currently has over 85,000 registered users, with a website that generates over 500,000 unique visitors per month. A summary of Yabumi's services will be available on the CyPost website on Friday this week. About CyPost CyPost Corporation (www.cypost.com) develops and bundles e-communication tools for use on the Internet and private networks. The company provides complete privacy and protection management, including encryption technology, anti-virus software and content management applications, for use at entry points and gateways to the Internet. The CyPost Network of Service Providers is a network of wholly owned Application and Internet service providers that strive to offer the most up to date privacy and protection solutions available to subscribers. For more information please call toll-free 1-877-CyPost1. Except for historical matter contained herein, the matters discussed in this press release are forward-looking statements and are made pursuant to the 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. provisions of 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. These forward-looking statements reflect assumptions and involve risks and uncertainties, which may affect CyPost Corporation's business and prospects and cause actual results to differ materially from these forward looking statements. |
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