Press Release - March 7, 2001

13 year old CEO's company makes "Top 50 Web Development & Service Companies in Canada" list for the 2nd time in two years.

March 7, 2001, London, Ontario, Canada - Cyberteks Design, headed by 13 year old award winning CEO, Keith Peiris, a student of St.Bernadette's School, London, Ontario, Canada is gaining a lot of attention these days from watchful eyes worldwide. Cyberteks Design was listed in the National Post Magazine's (March, 2001 issue) Eighth Annual Branham300 top 50 Web Development Companies listing. Companies must meet certain criteria for inclusion and the research team at Ottawa-based Branham Group Inc. verifies the data to ensure accuracy.

About Cyberteks Design - Cyberteks Design, a division of Cyberteks Systems Corporation, headquartered in London, Ontario, Canada with Sales Offices in New York (New York), Washington DC, Baltimore (Maryland), Alexandria (Virginia), Houston (Texas), Lake Alfred (Florida) and Detroit (Michigan) provides E-commerce, Web design, Web-hosting and on-line marketing services.

The company's President, CEO & Chief Creative Director is an award-winning designer Keith Peiris, a 12-year-old student in London, Ontario, Canada. The company specializes in Macromedia Flash, Macromedia Fireworks, Macromedia Freehand, Macromedia Director, Macromedia Dreamweaver UltraDev for e-Commerce, StoreFront, Swift3D, Adobe LiveMotion, Adobe Photoshop, Adobe Illustrator, and Adobe Premiere.

Keith Peiris has won several web design awards and recognitions from top professionals in the industry, has attracted very large customers from all over North America such as Interep, the largest Radio Advertising Agency in the United States, Kewl Threads, a Hockey Apparel company co- founded by Shayne Corson and Darcy Tucker of the Toronto Maple Leafs NHL Hockey Team and Rogers Television.

Branham3000 published in the National Post Magazine of March, 2001 recognized Cyberteks Design among this year's "Top 50 Web Design companies in Canada". Keith Peiris was also featured on the cover page of National Post Business Magazine of April 2000 issue. Furthermore, Cyberteks Design website is featured on the Macromedia Flash Showcase since November 1999 to date. More information about Cyberteks Design can be found on the company web site at http://www.cyberteks.net

About Branham 300 - How the 300 Were Ranked

In its eighth year, the Branham 250 has now expanded its list to the Branham 300, allowing a broader focus encompassing emerging business models. As in previous years, the Branham 300 continues to highlight Canada's leading software and services companies. All listed companies must meet certain criteria for inclusion.

The criteria for the Independent Canadian Software Developers and Independent Canadian IT Professional Service Providers are: The company was started in Canada with headquarters remaining in Canada; over 50% of their employees are located in Canada; corporate direction is determined in Canada; and over 50% of their research and development are conducted in Canada.

If the company is a subsidiary, and it meets the above criteria and is operating independently from its parent, for the purposes of this listing, it is treated as a Canadian company.

Software Developers include companies that generate over 50% of their revenue from the development of proprietary "shrink-wrapped" software. Reported in the revenue figures are licensing fees, maintenance, support and training related to their software products.

Professional IT Services companies must generate over 50% of their revenue from professional IT services, which include systems advice and technical consulting, contract systems analysis and programming, applications management and customized development, project or facilities management, training and education, testing of applications and strategic planning regarding IT implementation.

Multinational Companies are involved in software development and/or IT services. Revenue figures are comprised of sales from all business activities in Canada. Multinational companies are foreign owned, with offices in Canada.

Web Development and Services companies are Web centric and generate over 50% of their revenues from web-based products and services which includes software, hardware, services, support, hosting, consulting, etc.

Up and Comers are companies demonstrating great potential in the IT industry, whether it be in a new technology area or in optimizing existing technology in an innovative manner.
Wireless Software Developers include companies that are predominantly developing wireless solutions. Revenue includes licensing fees, maintenance, support and training related to their services and software products.

Application Service Providers include companies that are predominantly developing and deploying ASP applications and/or hosting software applications on its own servers within its own facilities. Reported revenues include subscription and licensing fees, maintenance, and related support and training.

Information Service Providers include companies generating revenues by providing access to the Internet and services such as website creation and maintenance on the ISP's server. Reported in the revenue figures are subscription fees, licensing fees, maintenance, support and training related to their services.

Wireless Telecommunications Providers include companies providing wireless voice or data transmission services. Revenue figures are comprised of sales related to wireless voice and data transmission business activities.

All data in the Branham 300 were compiled by Branham Group Inc., which provides leading-edge research and consulting services to its clients with a particular focus on e-business transformation.

For more information:

Keith Peiris
President & CEO
Cyberteks Design
A Division of Cyberteks Systems Corporation
110 Deveron Crescent, Unit 7
London, Ontario N5Z 4W7
Canada
Phone: 519-649-6572
E-Mail: kpeiris@cyberteks.net
Website: www.cyberteks.net

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