CALGARY, Alberta, April 16, 2003 (PRIMEZONE) -- Cybersurf Corp. (Other OTC:CYBUF) (TSX Venture Exchange:CY), one of Canada's leading Internet services and technology companies, today announced that it has signed an agreement with Propel Software Corporation of San Jose California (www.proprel.com) to enhance the speed and performance of the company's 3webXS dial-up Internet service. Under the terms of this agreement, Propel Accelerator, a proprietary technology that significantly increases dial-up Internet speed, will be offered to Cybersurf's 3webXS subscribers as value-added Internet services.
Planned as an addition to Cybersurf's value-added 3webTLC premium service, Propel Accelerator is designed to provide maximum acceleration for Web sites that users visit regularly. Through a patent-pending compression algorithm, multi-tiered caching and proprietary TCP/IP optimization technology, a Propel-enhanced 3web subscriber will experience page downloads up to five times faster than he or she normally would. It is anticipated that the addition of Propel Accelerator will encourage many 3Web users to upgrade from the standard dial-up service, thus delivering a very attractive option to slower -- yet higher priced -- competitive dial-up Internet services.
"As a company, we are committed to the constant improvement of our dial-up Internet service in order to maintain a leadership position in this important segment of the market," said Paul Mercia, Cybersurf's President and CEO. "The addition of Propel Accelerator to 3web provides the Company with a complete and comprehensive product offering that bridges the gap between our available dial-up services and pending high-speed services. Propel Accelerator is designed to benefit subscribers who want to surf at higher speeds but cannot justify the cost associated with a broadband service. It is also a very viable alternative for subscribers for whom high speed access is not yet available. We found Propel's technology compelling because it provides an instant solution for these types of subscribers while contributing to our bottom line."
About 3web
3web Corp. is Canada's largest independent Internet service provider, having served hundreds of thousands of Canadians from coast to coast since 1998. Through its 3webXS service, 3web provides its subscribers with premium, unlimited Internet access at a fraction of the cost of other competing services.
3web provides service in 30 major centres including Barrie, Calgary, Chicoutimi, Edmonton, Gatineau (formerly Hull), Guelph, Halifax, Hamilton, Kingston, Kitchener, London, Montreal, Newmarket, Oshawa, Ottawa, Peterborough, Quebec City, Saint John, St. Catharines, St. Jerome, St. John's, Sherbrooke, Sudbury, Thunder Bay, Toronto, Trois Rivieres, Vancouver, Victoria, Windsor and Winnipeg.
Canadians are invited to visit www.get3web.com to download the latest version of the 3webXS software. 3web also operates a national long distance service under the brand 3webLD.
About Cybersurf Corp.
Cybersurf operates through two separate wholly owned subsidiaries, Cybersurf Technologies Corp. and 3web Corp. Cybersurf Technologies Corp. is responsible for the development of Internet-related software products and services, and for all implementation and licensing initiatives pertaining to these unique technologies. The software developed by Cybersurf Technologies Corp. creates revenue opportunities for any Internet company focused on client acquisition, content delivery or advertising revenue, elements vital to any company in the Internet sector.
3web Corp. utilizes Cybersurf Technologies Corp.'s products and services in its national Internet service. 3web Corp. is the first business model to showcase the various proprietary software applications developed by Cybersurf Technologies Corp.
Forward-Looking Statements: This news release may contain certain forward-looking statements. All statements, other than statements of historical fact, included herein, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are based on the estimates and opinions of management on the date the statements are made, and Cybersurf does not undertake an obligation to update forward-looking statements should conditions or management's estimates or opinions change.
For more information about Cybersurf and 3web, please visit www.cybersurf.com and www.3web.com.
Cybersurf's common shares trade on the TSX Venture Exchange (TSX Venture Exchange:CY).
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.
For more information, please contact: investor.relations@cybersurf.com.