Live Webcast to be Hosted by Cypress Management on January 26th


VANCOUVER, British Columbia, Jan. 25, 2006 (PRIMEZONE) -- Cypress Development Corp. (TSX-V:CYP) management will be hosting a live Webcast for shareholders, investors, brokers, analyst, and interested parties to provide an overview of the Company's ongoing drill program on its 80% owned Red Lake McKenzie Island gold project and discuss the Company's new 80% owned Broulan Reef Project and its upcoming drill program.

MAP: http://www.cypressdevelopmentcorp.com/i/maps/CYP-McKenzie-Island-New-Map.jpg

Management will host a Live Webcast on Thursday January 26th at 9:00 a.m. pacific time. The call is being Webcast by Vcall and can be accessed through a link on the Company's Home Page at www.cypressdevelopmentcorp.com or http://www.vcall.com/IC/CEPage.asp?ID=100411. The Webcast will also be made available for replay on the Company's Web site.

Cypress Development Corp. is a precious and base metal exploration company developing 2 gold properties in Red Lake, Ontario, Canada, and 2 gold properties, a silver/copper property, and a zinc property in Nevada, U.S.A.

To find out more about Cypress Development Corp. (TSX-V:CYP), visit the Company's Website at www.cypressdevelopmentcorp.com.

ON BEHALF OF THE BOARD OF DIRECTORS

"Don Huston"

DONALD C. HUSTON

President

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.


            

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