CY

Cybersurf Corp. ("Cybersurf") (TSX VENTURE:CY), one of Canada's leading Internet
technology and service companies, today reported financial results for the
fourth quarter and its fiscal year ended June 30, 2008. 


Cybersurf's year ending June 30, 2008 was highlighted by a net profit of
$334,879 which is an increase from the ($1,600,785) loss for the previous year.
This improvement in performance was primarily due to the re-evaluation of
various estimates for amounts previously recorded as liabilities and direct
costs going back over several years. These liabilities were associated with high
speed internet and other telecommunication services provided by Bell Canada
("Bell"). During 2008, Cybersurf undertook an extensive review of these
transactions and aggressively pursued settlement of the disputed amounts and
credit claims for long term service issues. Further, Cybersurf filed an
application with the Canadian Radio-Television and Telecommunication Commission
("CRTC") to seek relief from what the Cybersurf to resolve the billing dispute
with Bell and provide other relief. As a result of these actions, Cybersurf has
changed its estimated amount owing to Bell. Cybersurf's operations generated a
net gain of $332,942 and Cybersurf remained cash flow positive. Cybersurf also
continues to reduce costs under general and administration, and to lower its
operational costs.




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YEAR TO DATE FINANCIAL SUMMARY
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                                          12 months ended   12 months ended
                                            June 30, 2008     June 30, 2007
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Operating Revenue                       $      13,186,332 $      15,202,850
----------------------------------------------------------------------------
Net Income (Loss) before Other Income
 (Expense)                              $         332,942 $      (1,614,032)
----------------------------------------------------------------------------
Net Income (Loss)                       $         334,879 $      (1,600,785)
----------------------------------------------------------------------------
Net Income (Loss) per Share             $            0.01 $           (0.05)
----------------------------------------------------------------------------



A complete copy of Cybersurf's Audited Consolidated Financial Statements for the
fiscal years ending June 30, 2008 and 2007 and of Cybersurf's Management
Discussion and Analysis of Financial Condition and Results of Operations for the
Year Ended June 30, 2008 are available on the Internet at www.sedar.com.


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".


Note: Cybersurf is currently subject to a Cease Trade Order issued by the
Alberta Securities Commission on December 30, 2008 and the Ontario Securities
Commission on January 16, 2009.


Distributed by Filing Services Canada and retransmitted by Marketwire.

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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