Cybersurf Corp. (TSX VENTURE:CY) (the "Corporation"), was unable to file its
audited financial statements and other material for the fiscal year ended June
30, 2008 (the "Financial Statements") by the October 28, 2008 deadline set forth
in National Instrument 51-102-Continuous Disclosure Obligations. A Management
Cease Trade Order was issued by the Alberta Securities Commission (the
"Commission") on November 5, 2008. The Corporation represented to the Commission
that it could not agree on audit fees with its current auditor and was seeking
new auditors. Also, the Corporation expected to engage new auditors and file its
Financial Statements by December 27, 2008. The Corporation remains in default of
its obligation to file the Financial Statements. On December 30, 2008, the
Commission issued a Cease Trade Order against the Corporation, whereby it
revoked its November 2008 Order and ordered that trading cease in respect of the
securities of the Corporation until further order of the Commission or until the
Cease Trade Order is revoked or varied.


The Corporation is continuing to take measures to complete the audit of its
Financial Statements, including hiring new auditors. On December 24, 2008 the
Corporation had engaged DNTW Chartered Accountants, LLP a national Chartered
Accounting firm with local offices in Calgary and Ottawa. The Corporation
expects to complete its audit by January 31, 2009 at which time the Corporation
will apply to the Commission to revoke the Cease Trade Order and take other
steps to reinstate trading in the securities of the Corporation.


About Cybersurf Corp.

Cybersurf is an independent Internet and communications company providing
consumers in the United States and Canada with a value-driven alternative to
large incumbent carriers. Cybersurf prides itself on providing the highest
possible quality of services at the lowest possible prices and is one of
Canada's largest independent Internet service providers.


Cybersurf believes consumers want 'The Freedom of Choice' that comes with having
a truly independent provider as an alternative to larger incumbent telephone
companies or cable carriers -- a choice that allows users to connect to the
Internet how they want and with an independent provider that focuses on the
needs of today's average user by providing quality service at the best possible
price. Cybersurf is that choice.


Cybersurf's common shares trade on the TSX Venture Exchange under the trading
symbol "CY".


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.


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