Cyberplex Inc. Announces the Appointment of CFO

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TORONTO, February 20, 2008/CNW/-Cyberplex Inc. (TSX: CX) a leading technology firm focused on providing web advertising solutions and on-line customer acquisition strategies, today announced the appointment of Isaac Osiel as Chief Financial Officer.

“We are thrilled to welcome Isaac to our executive management team," said Geoffrey Rotstein, Chief Executive Officer of Cyberplex Inc. "Isaac’s extensive experience will prove invaluable to Cyberplex as it continues its trend of aggressive growth.”

Mr. Osiel is a chartered accountant and brings nearly twenty years of experience in the areas of corporate finance, financial reporting and administration with various technology organizations. 

Prior to joining Cyberplex Inc., Mr. Osiel held executive and managerial positions in a number of service and technology companies including Bell Canada, Rogers Wireless, Nortel, and most recently at Redline Communications Inc. (TSX and AIM: RDL)

“Isaac’s experience and background will be instrumental as we continue our aggressive growth strategy.” commented Geoffrey Rotstein, CEO of Cyberplex Inc.  “Isaac is a well-rounded financial executive whose skills in providing fiscal guidance will be a valuable asset to the company.”

About Cyberplex

Cyberplex Inc. (www.cyberplex.com) is a leader in providing web advertising solutions and on-line customer acquisition strategies, as well as application expertise, to its clients.  The Company, through its subsidiaries, has developed a proprietary affiliate network which combined with advertising relationships and teams of technology consultants and design, usability and solutions specialists, assist customers with all aspects of their web-based programs as they design, develop and promote solutions that deliver results.

With over 12 years of experience serving Fortune 1000 clients including Thomson, Atlantic Lottery Corporation, Xerox, Advanced Micro Devices (AMD), and the Royal Bank of Canada, Cyberplex is frequently the firm of choice for business leaders looking for reliable solutions.  Cyberplex serves clients across Canada and the US, and is headquartered in Toronto, Canada with offices in San Diego,  Austin and Halifax.

Forward-Looking StatementsThis news release may contain forward-looking statements that are based on management’s current expectations and are subject to known and unknown uncertainties and risks, which could cause actual results to differ materially from those contemplated or implied by such forward-looking statements.  Cyberplex is under no obligation to update any forward-looking statements contained herein should material facts change due to new information, future events or otherwise.

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For more information please contact
Susie Ibbotson, Media Relations, Cyberplex
416-260-47631-888-597-8889  ext. 4763
susie.ibbotson@cyberplex.com 

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