Press Release - February 23, 2000

12 Year-Old CEO’s company Cyberteks Design Teams with PSiGate to offer complete e-Commerce Solutions.

London, Ontario, Canada, February 14, 2000 – Today, Keith Peiris, an 12 year-old award winning web designer, and CEO of Cyberteks Design, signed an agreement to work with PSiGate, a premier credit-card processing gateway. Cyberteks will begin incorporating PsiGate’s credit-card processing services into it’s Web design services, and provide complete e-commerce solutions to small to medium sized companies.

“We were very impressed with the quality of the Web sites”, said PSiGate President James Mundle. “Its encouraging to see such a young Canadian getting involved in e-commerce” He added that it is great for the future of the e-commerce industry.

About Cyberteks Design - Cyberteks Design, a division of Cyberteks Systems Corporation, headquartered in London, Ontario, Canada provides e-commerce and high end (professional) web design services. The company's President is Keith Peiris, an 11-year-old student in London, Ontario, Canada. The company specializes in InfoSpace.com Commerce Court Suite (formerly Inex Commerce Court Suite) and Macromedia Flash. The company is also an authorized reseller for Acer, Trillium Computers, and other hardware and software. Keith Peiris has won several web design awards and recognitions from top professionals in the industry, has attracted customers from all over North America. For more information, visit the company's Web site http://www.cyberteks.net or call 519-649-6572 or E-Mail kpeiris@cyberteks.net

About PSiGate – PSiGate is a Mississauga, (Toronto) Ontario-based company that specializes in the integration and deployment of Internet-based, e-commerce Payment Services ("PS") solutions that enable the automated, secure exchange and transmission of electronic data for the purpose of fulfilling orders and payments and obtaining credit card or cyber wallet payment authorizations. Payment Services is a market segment of the e-commerce market and is estimated at in excess of US $12 billion for 1999. PSiGate has developed a strong competence in the integration and deployment of advanced PS e-commerce solutions and will target small-to-medium sized businesses that wish to deploy an Internet-based Storefront. PSiGate communicates directly with major Canadian and U.S. credit card processors.

Contacts:

Keith Peiris, President & CEO
Cyberteks Design
Tel: (519) 649-6572
Fax: (519) 686-7044
E-Mail: kpeiris@cyberteks.net
http://www.cyberteks.net

Peter Starr, VP Marketing
PsiGate
Tel: (905) 567-4000
Fax: (905) 567-4001
Email: peter.starr@psigate.com
http://www.psigate.com

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