CY

Cybersurf Corp. ("Cybersurf") (TSX VENTURE:CY), one of Canada's leading Internet
technology and service companies, today reports that it has signed a letter of
intent, with another Canadian telecommunications company to sell it's assets
relating to Cybersurf's Internet access user bases including it's High Speed,
long distance and VoIP telephone services in Canada, associated underlying
agreements and other relevant assets for $5.5M (Cdn.). Following closing of this
transaction, Cybersurf will be required to change its trade names and the
corporate and trade names of any subsidiary not acquired by the offeror.
Cybersurf will seek necessary shareholder approvals and expects that the
transaction will close by April 15, 2009.


Paul Mercia, President and CEO of Cybersurf stated; "The Board of Directors has
recommended the sale of the user base for less than what it actually believes
its value to be. This is primarily due to the stress the company has had to
endure as a result of the prolonged and on-going billing dispute with Bell
Canada. Cybersurf Management has also lost some confidence in the Canadian
Radio-Television and Telecommunication Commission ("CRTC"). Unfortunately, the
Commission process has taken far longer than it should have. For instance, it
should not have taken nearly two months for a decision to be forthcoming for
Cybersurf's request for interim relief especially when Bell had not even defined
its claim. There's no telling at this rate how much longer it will go on, and
the Company has mounting legal costs and demands on its resources. Because of
Bell's overbilling and claim for overstated receivables, Cybersurf had accrued
millions of dollars in payables and liabilities and was not able to secure
financing when it was available; and now even with the Company's positive
financial outlook the current economic climate and adverse market conditions
have made it impossible for Cybersurf to raise financing on equitable terms.
Although the Company has reported profits and has been cash flow positive the
Company's Board of Directors believes the potential for return in the
foreseeable future will be marginal. The Board of Directors will consider other
opportunities and will propose a plan for shareholders at the upcoming annual
and special meeting."


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 Cease Trade Orders issued by the Alberta
Securities Commission on December 30, 2008 and the Ontario Securities Commission
on January 16, 2009.


There is a significant risk to completing any transaction of this nature or
completing on the terms set out in this release. Shareholders are cautioned and
advised to seek the appropriate investment advice relevant to their
circumstances and level of sophistication.


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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