HOUSTON, April 4, 2002 (PRIMEZONE) -- CYNET, Inc. (OTCBB:CYNE) (OTCBB:CYNEB), a leading provider of e-Messaging solutions, announced today that the National Urban Coalition (NUC) has chosen CYNET, Inc. as its provider of e-Messaging solutions for its affiliates, sister organizations and community members. The National Urban Coalition's National Communication Network Initiative expects to reach a total membership of 1,000,000 people during the next 18 months. CYNET, Inc. will be the exclusive official communications provider for the Initiative.
"We are happy to use CYNET, Inc. as our provider of e-Messaging solutions," said Rhett Lewis, President of the NUC. "The National Urban Coalition and its affiliate member organizations have been searching for a comprehensive, but easy to implement and use, communication service to link our projected million-plus members to the National Communication Network. We feel this network is of paramount importance in organizing our community in the 21st Century. This network will also enable us to create innovative solutions to the problems that plague our constituents. CYNET has demonstrated that it has powerful application and delivery capability that can satisfy the communication demands of our organization and its members. After seeing the powerful CYNET technology and network, we are convinced that they are the best at what they do. Today, more than ever before, it is vital that our message can be reliably delivered throughout the membership base, quickly and efficiently."
"We are proud of our e-Messaging products and are very excited for the opportunity to meet the needs of the National Urban Coalition," said Bernard B. Beale, CYNET, Inc. Chief Operating Officer. "Our goal is to increase the number of corporate and individual users on our network by capitalizing on accounts that have large potential like the NUC. As we successfully execute on this course our revenues and profitability will be positively impacted."
About The National Urban Coalition
The National Urban Coalition is an urban laboratory for education, economic development, and leadership programs whose recipients include minorities and dwellers in urban area, and underserved markets. Based in Washington, D.C, the Coalition has 39 affiliates in cities across the nation. These organizations are committed to stabilizing and revitalizing America's cities through establishment of collaborative relationships among representatives of the public and private sectors, community organizations and residents. Since its inception in 1967, the NUC has developed a unique capacity to bring together the skills and resources of diverse interest groups for the purpose of solving problems, achieving common goals, or reconciling divergent points of view. To learn more about the NUC, contact the headquarters office at 866-431-9986 or email nuc@myflymail.com.
About CYNET
CYNET, Inc. specializes in e-Messaging solutions. The Company provides services by integrating messaging with Internet technology, to maximize the efficiency of communications. CYNET e-Messaging simplifies communications by using easy-to-use tools to access and control e-mail, fax and voice messaging. To learn more about CYNET, contact the corporate offices at 800.964.2963 or visit: www.cynetinc.com.
CYNET, Inc., with executive offices in Houston, is a provider of messaging services with innovations in fax, email and voice messaging. The Company's Class A and Class B common stock are traded on the Nasdaq OTC Bulletin Board under the symbols "CYNE" and "CYNEB."
This press release may contain forward-looking statements with respect to operations, assumptions, the financial condition and future performance of the Company. Additional information on risk factors that could potentially have a material impact on the Company's operations and financial position, as well as risk factors relating to the management of the Company, is contained in the Company's filings with the Securities and Exchange Commission.