The Cyber Group Network Corp. Announces Multi-Phase E-snitch Marketing and Distribution Campaign.Business Editors/High-Tech Writers SAN BERNARDINO San Bernardino, city, United States San Bernardino (săn bûr'nədē`nō), city (1990 pop. 164,164), seat of San Bernardino co., S Calif., at the foot of the San Bernardino Mts.; inc. 1854. , Calif.--(BUSINESS WIRE)--Dec. 20, 2000 CGPN CGPN Calling Party Number Takes Fast Tracks The Introduction Of Version 1.0 E-snitch Device To The Retail Market In Response To High Industry And Consumer Demand The Cyber Group Network Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CGPN) Wednesday announced the introduction of Version 1.0 E-snitch device to the retail market via multi-phase marketing and distribution campaign for year 2001. Prior to Comdex, the company's focus was on the development of E-snitch and distribution channels. However, in light of the unexpected interest and demand for the E-snitch device and its accelerated development, the company has decided to ramp up Ramp Up To increase a company's operations in anticipation of increased demand. Notes: A company might 'ramp up' operations if they just signed a contract creating substantially more demand for their product. See also: Demand, Economies of Scale production and sales which should generate revenues earlier than expected. This in no way affects ongoing contract negotiations. The company will offer its Version 1.0 E-snitch device to the retail market as scheduled. The target market will be large corporations, agencies and consumers with concerns over computer security and cyber crimes in an effort to address the growing global issue and familiarize the public with the device and its unique functionality. CGN CGN Compagnie Générale de Navigation (sur le Lac Léman; French, cruise companie on Lake Geneva, Switzerland) CGN Cancer Genetics Network CGN Guided Missile Cruiser (Nuclear Propulsion) CGN Cyber Gaming Network is confident that the E-snitch device has the potential of becoming the computer industry standard for computer security and wireless interface technology. The Cyber Group has retained the services of Garmisa Sales Inc. for coordinating business agreements with national retailers. The company is also working independently in an effort to align themselves with additional retailing facilitators with coverage areas such as the greater Midwest, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , New Jersey, Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, and Hawaii. The company will announce the unit cost of E-snitch and will confirm alliance with additional distributors and independent marketing firms via news release in the month of January, 2001. Nisha Kapoor, Spokesperson for The Cyber Group Network Corp. stated, "This is a significant opportunity for us to potentially drive revenue and increase shareholder value. This is truly a milestone event for our company." About Garmisa Garmisa Sales Inc. a West Coast-based company, established in 1976, will be representing The Cyber Group in the presentation, promotion, selling and servicing of E-snitch at both retail and corporate levels. Garmisa Sales coverage area will include California and Hawaii, with an account base of computer, electronic, and audio electric. About the Company The Cyber Group Network Corp. is a technology company with the three main goals of Computer Security Technology, Patented Public Internet Access See how to access the Internet. Devices, and Acquisitions of Internet, Communications and Financial Service Sector Industries to expand its resources. For more information about the company, visit our Web site at www.thecybergroup.net. 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 These news releases may contain forward-looking statements related to E-snitch, distribution timeline and functionality which are made pursuant to the safe harbor 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 involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies and other factors described in the company's filings with the Securities and Exchange Commission. The actual results may differ materially from any forward-looking statements due to such risk and uncertainties. The company undertakes no obligation to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release. |
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