Cyber Group Network (fka CGPN)

[growacet]

That's why the spread is wide nemo

You don't really think the monkeys want retail investors/traders loading up down here while things are quiet do you. Check out a POS like AMRE or AOOR and I'll bet the spread is alot tighter, with a few 100 share trades to get the bag holders screaming..."they're messin' with it, I'm buyin' more".

CGPN??? I think they want it alot higher before they ring the dinner bell.

[Capt_Nemo]

They stopping trading for some reason!!!

[growacet]

Movin' nice, but they're spreadin it wide....

Dah bulls, dey is seein' red me thinks

[Capt_Nemo]

haaaa that makes sense!!! thanks ledrog

[growacet]

The day after they file the Q I assume

I have May 25th as the day the E was appended to their symbol, which I believe gives them til next Wednesday but please verify that.

I don't think the filing will say anything substantive, but just losing the E imo could provide sufficient bullish reaction for the monkeys to start pushing this up significantly.

[Capt_Nemo]

Indecision,,,When they loose da E??

[growacet]

Nemo, with the way the chart is shaping up....

Look at the direction of the 50DMA, it's just started to edge up I wouldn't be suprised to see this best the 200DMA in the next couple of weeks...in fact I'll be suprised if it doesn't.

[Capt_Nemo]

Here's hoping!!!!!!!!!!!!!!!

[growacet]

CGPN(E) is nemo...well a little bit

I got in at .0024 yesterday (Tues)....Still kicking myself over selling CYOS even though I made a profit. Ah well....I find the share structure here similar vis a vis the # of authorized versus outstanding shares. Of course CYOS has the China angle...and (not trying to sound like a bigot) the Chinese are known to love gambling...and the OTCBB is one of the biggest crap games around. Even if their gaming sites never realize dollar one in profit...their PPS has soared beyone anything I could have imagined.

Hopefully CGPN can do something

[Capt_Nemo]

Hey ledrog!!! wasssssssssup

[growacet]

Ya still watching Nemo? Sweet looking chart imo....

Above the 50DMA and MACD close to crossing the zero line. No massive volume days yet, just 10 million or so a couple times.

[growacet]

Now it's getting interesting

[bullreporter]

Starting to move up, I wonder how product is selling at CompUsa.

[Capt_Nemo]

Haaaaa thats all the money i use on these POS but some are making some hell-asious gains right now!!!!

[goodJohnhunting]

Opps correction..
Led Zepplin's "Rock'n Roll".

Later
John

[goodJohnhunting]

If CGPN keeps moving up I might "dust off" some shares to sell! LOL
This stock is like the Led Zepplin song Heartbreaker/livin lovin maid.."Its been a long time, been a long time, been a lonely, lonely, lonely...TIME>>

Just glad this is monopoly money :)))

Later
John

[Capt_Nemo]

You got a problem with a 60% gain today??? haaaaaaaaaaaaaaaaaaaaaaaaaa I was watching L2 on this , this mornie, and they were doing some crazy moves!!! Breakout today, maybe it has more!!! I will be watchin again in the morn!!! They all POS hehe

[goodJohnhunting]

Let me guess this stock is going to 10$$??

Anyone know the reason for the "awakening"?

Later
John

[goodJohnhunting]

Let me guess this stock is going to 10$$??

Anyone know the reason for the "awakening"?

Later
John

[goodJohnhunting]

WoW if CGPN keeps moving like this I might have to up date the I-box.. :))))

This is like getting back into a Love hate relationship..

Later
John

[goodJohnhunting]

I just finished off some good Crown Royal! Thought I would come by and say hello...Hope Everyone is doing Ok with CGPN..

Later
John

[richand]

Well..I see there has been some redecorating done around here! Very nice..I like the new accessories. Thanks Matt!!! richand

[nathanial]

Rich...you got that right. Right know I do not have the time to wade through endless and meaningless posts.

[richand]

Well..hello, Nathanial! It does get a little heavy on the RB board at times doesn't it. Some of those psycho investors probably eat their young. regards, richand

[nathanial]

Hello...think I will hang my hat here for awhile. EOM

[mrken]

TEST

[goodJohnhunting]

Hey they filed on time!:]

Wow everytime I give up on this thing it makes me look stupid. Which is not hard to do.LOL..

One good PR and the IBOX gets updated..:))))

Later
John

[goodJohnhunting]

Hi Richand!

I bought back all the shares I once had yesterday..I just can't stay away.LOL

Thanks for your help!

See ya
John

[richand]

GoodJohn..you have a private message!!!!

[richand]

Got it..thx..good luck..richand

[goodJohnhunting]

Richand you have a private reply.eom

[richand]

Goodjohn..I had to ask for mine! LOL..rich

[goodJohnhunting]

Finally remembered my login password

Gezz :))

Later
John

[richand]

test2

[richand]

test..eom

[richand]

GoodJohn..what's this about Bluetooth..do you know someting I don't know? And how the heck are you anyway? richand aka Colleen

[richand]

GoodJohn..what's this about Bluetooth..do you know someting I don't know? And how the heck are you anyway? richand aka Colleen

[richand]

****India Info News (Jan 18 2001)****

Indian American Nisha Kapoor is president of hi-tech thief catcher
Ela Dutt
Jan 18, 2001 14:20 Hrs (IST)
http://news.indiainfo.com/2001/01/18/18kapoor.html

New York: The board of directors of Cyber Group Network Corp., an information technology (IT) securities equipment start-up based in San Bernadino, California, has unanimously approved the selection of Indian American Nisha Kapoor as president, effective immediately.

Chandigarh-born Kapoor, 24, will be responsible for all operations and financial matters for the company.

Kapoor, who came to this country with her parents as a four-year old, said though she is the youngest employee, that would lead to "no pressure at all".

"I am very confident of the company and the direction it is headed," Kapoor told India Abroad News Service.

Cyber Group currently employs 13 people. The company is coming to market with electronic switching devices that are currently being developed.

Kapoor replaces Thomas Hobson, who has resigned for personal reasons. Hobson will, however, continue to serve on the board and, along with other members, oversee, advise and assist Kapoor.

A graduate of La Verne University in La Verne, California, Kapoor is currently pursuing an MBA-finance degree from the same university. She joined the Cyber Group in 2000 as director of public and investor relations, responsible for delivering communication in support of the company's strategic goals and marketing plans. Since then, her responsibilities have extended into strategic business and product development, promotion and marketing strategies for the company.

"Kapoor is a successful, strategic leader that gets impressive results," the board of directors said in a statement, adding, "she brings to our company organization proven operations ability and, most importantly, leadership, dedication and initiative."

"Our biggest goal is getting our tracking device out and working with partners and distributors," Kapoor said. "I am pleased with the board's recognition of my proven leadership ability in the past and total confidence in my capability as a leader for the company. I plan to do my very best...helping the company realize its full potential while building maximum shareholder value."

"We are ready to enter the market with our product by the first quarter of 2001," she said. "Of course, there are obstacles and hurdles for every start-up. But having very supportive staff and the ability to set up strategy and partnerships is a big plus."

The Cyber Group Network Corp. is a technology company with the three main goals of computer security technology, patented public Internet access devices and acquisitions of Internet, communications and financial service sector industries to expand its resources.

Among the products the company is developing is the BigTarget, a meta-search engine, the electronic snitching device that can track missing or stolen computers within five feet of its location globally as well as retrieve and destroy information from the hard drive. Several versions of e-snitch are expected to be released throughout the next year.

It has also developed a division, Cyber Crime Corporation, comprising specialists in the areas of ex-computer hacking, hi-tech theft, private investigating and law enforcement that will be committed to educating, informing and assisting consumers, businesses and organizations on how to detect, prevent and defend systems against hi- tech hustlers.

Another site, CGNComics.com, will be displaying 24 volumes of real life events from America's most notorious computer hackers, hi-tech thieves and industrial spies. "Tales of a Hi-Tech Hustler" will be featuring at all comic book locations and will also be available as an online subscription based publication.

Before joining Cyber Group, Kapoor worked at the law offices of Linda Battram and with the publicly traded company USS Logistics. She said she thought her legal background and her confidence in the company and herself have brought her to this position.

India Abroad News Service

[mrken]

Whatever happened to Spkul8tor?..eom

[mrken]

test...eom

[skunksyard]

G/M Where is everyone? and WHERE IS THE BETA VERSIONS OF THE
e-snitch? Anyone updates?

Thanks!

[goodJohnhunting]

Sounds good Colleen!

Thanks for your help, talk to ya later
John

[richand]

okay dokay..but you have a private message my dear...rich

[goodJohnhunting]

I'm pouting right now Leave me alone!LOL

I don't know if I have the stomach for investing in BB stocks. I think I will invest in gold or something.haha!

Really though if I would have read the 8k at a different angle I would have never sold out of anger.
Things look much clearer with CGPN and It would be foolish not to reinvest here.

However, Just to play it safe I wont be buying one share until it hits my price. Which is .24/.26 If it makes it to that price people will start to respect the potential of Esnitch.

Well got to go
see ya
John

[richand]

Looking for Mr. Goodjohn....
where oh where have you gone...LOL...richand

[richand]

====Press Release 2/8/01====
Thursday February 8, 12:54 pm Eastern Time

SOURCE: The Cyber Group Network Corp.
The Cyber Group Network Corp. Will Not Reverse Split Its Stock
SAN BERNARDINO, Calif., Feb. 8 /PRNewswire/ -- The Cyber Group Network Corp. (OTC Bulletin Board: CGPN - news) announced today that the Officers and Board of Directors have decided that it is not in the best interest of the Company or its shareholders to reverse split the Company's common stock. Therefore, the Special Meeting of Shareholders called for March 12, 2001 to obtain shareholders approval of the reverse split is hereby canceled. The Company will not be filing a Definitive Proxy with the SEC and no proxy will be mailed to shareholders.

For further information, please contact: Katrina Baldwin of The Cyber Group Network Corp., 866-660-CGPN or 909-370-4752, or fax, 909-890-5849, [e-mail], or visit the following Web sites: www.thecybergroup.net www.cybercrimecorp.com www.bigtarget.com

SOURCE: The Cyber Group Network Corp.

[richand]

====Press Release 2/7/2001=====

Wednesday February 7, 10:51 am Eastern Time

SOURCE: The Cyber Group Network Corp.
The Cyber Group Network Corp. Announces Resignation Of Board of Director and 10 - 1 Reverse Split
SAN BERNARDINO, Calif., Feb. 7 /PRNewswire/ -- The Cyber Group Network Corp. (OTC Bulletin Board: CGPN - news) Wednesday announced the acceptance of Anthony K. Miller's resignation as a Board of Director of The Cyber Group Network Corp. CGPN has also decided to conduct a 10 for 1 reverse split, subject to shareholder approval.

On January 29, 2001, the Board of Directors asked for and received Anthony K. Miller's resignation as a member of the Board of Directors of The Cyber Group Network Corp. The resignation is effective as of yesterday, February 6, 2001.

Previously, the Company had considered several scenarios when contemplating a reverse split of the Common Shares of stock. At the time of the filing, some Board members considered a 25 for 1 reverse split as the best option. However, after further discussions and meetings with Company officers, board of directors and financial and legal advisors, the Board has unanimously approved the recommendation to pursue a 10 for 1 reverse split instead, subject to shareholder approval.

The Company strongly encourages shareholders to attend, and express their opinions regarding the possibility of doing a 10 - 1 reverse split. The date of the original meeting has been changed to accommodate travel arrangements.

The shareholders meeting date is rescheduled for Monday, March 12, 2001 at 10:00 a.m. P.S.T. at 720 E. Carnegie Dr. Suite 200, San Bernardino, CA 92408.

A Definitive Information Statement will be filed at a later date listing the topics for discussion at the March 12th meeting.

Progress and updates of the proposed reverse split can be viewed at the company bulletin board at www.thecybergroup.net.

An amendment to the 14C Information Statement will be filed on February 7, 2001 and can be viewed at www.freeedgar.com.

Safe Harbor Statement

These news releases may contain forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies and other factors described in the company's filings with the Securities and Exchange Commission. The actual results may differ materially from any forward-looking statements due to such risk and uncertainties. The company undertakes no obligation to revise or update any forward-looking statements in order to reflect events or circumstances that may arise.

About the Company:

The Cyber Group Network Corp. is a technology company with the three main goals of Computer Security Technology, Patented Public Internet Access Devices, and Acquisitions of Internet, Communications and Financial Service Sector Industries to expand its resources. For more information about the company, visit our Web site at www.thecybergroup.net.

For further information, please contact The Cyber Group Network Corp., San Bernardino, CA, Investor/Public Relations, Toll Free: (866) 660-CGPN, Phone: [phone], Fax: [phone], Email: [e-mail].

SOURCE: The Cyber Group Network Corp.

[goodJohnhunting]

Hi richand!
I think I'm confused on they why's regarding the split. So, I decided to sell today. I need every dollar and I can't risk the money on CGPN. This could turn out good for CGPN, but I will have to watch from the sidelines.

Yes I'm a little mad about the situtation, just because I have been here for 8 months. However, I always leave the door open for a return if things became clearer regarding the Esnitch.

I wish you the best
Later

John

[richand]

=== CGPN INFO ==(updated Jan 31 2001)

OTC-BB: CGPN
CUSIP: 23244V109

OS: 48,733,755
Restricted: 12,249,113
Float: 36,484,642 (os minus restricted shares)
(updated 01 31 2001)
===========================================
SUMMARY

The Cyber Group Network Corporation is a technology company with
three main goals of Computer Security Technology, Patented Public
Internet Access Devices and Acquisitions of other Internet and
Communications companies to expand its technological resources.

==========================================
THE CYBER GROUP NETWORK CORPORATION
720 E. Carnegie Drive, Suite 200
San Bernardino, CA 92408
Toll-Free: 866-660-CGPN (866-660-2476)
Telephone: [phone]
Fax: [phone]

RESEARCH & DEVELOPMENT
897 Via Lata Drive, Suite M
Colton, CA 92324
Telephone: [phone]
Fax: [phone]

INVESTOR RELATIONS
The Cyber Group Network Corporation
Toll-Free: 866-660-CGPN (866-660-2476)
Telephone: [phone]
Fax: [phone]
E-Mail: [e-mail]

TRANSFER AGENT
Pacific Stock Transfer Company
5844 S. Pecos, Suite D
Las Vegas, Nevada 89120
Telephone: [phone]

=========================================
WEBSITES

The Cyber Group Network
http://www.thecybergroup.net/

Cyber Crime Corporation
http://www.cybercrimecorp.com/

Bigtarget MetaSearch Engine
http://www.bigtarget.com/

Hi-Tech Hustler Comics
http://www.cgncomics.com/

E-Snitch
http://www.electronicsnitch.com/


============================================
GENERAL INFO AND INDEPENDENT NEWS ARTICLES

Microcap Group: CGPN info
http://www.microcapgroup.com/cgpn.htm

Bloomberg: Cyber Group Network
http://quote.bloomberg.com/analytics/bquote.cgi?ticker=CGPN_US_2

123Jump: Crime Searches Made Easy
http://123jump.com/p3.htm?p=/archive/a000814242.htm&f=foot3.htm

Stolen Computers Will Self-Destruct
http://www.google.com/search?q=cache:www.newsbytes.com/pubNews/00/151921.html+%22Sherman+Fridman%22+

COMDEX Fall 2000 (November 13-17): Booth L7873: Cyber Group
Network Corp.
http://myplanner.key3media.com/comdex/fall2000/planner/ExhibitorDetail.cfm?ID=1205

Cyber Group Takes Product to Market (Nov 20 2000)
http://www.otcnn.com/articles.html?id=974754240

San Bernadino County Sun News (Nov 10 2000)
http://search.newschoice.com/ReformatReferral.asp?puid=3876&spuid=3876&indx=526469

Photos: Cyber Group Network Offices
http://www.fortunecity.com/roswell/cameron/447/id26.htm

Photos: CGPN at Comdex 2000
http://www.fortunecity.com/roswell/cameron/447/id27.htm

Article in Mobile Computing Online, Feb 2001.
http://www.mobilecomputing.com/showarchives.cgi?99
"And Cyber Group Network Corp. of San Bernardino, CA, this quarter begins marketing a product code-named C-4, which is integrated onto a notebook's motherboard and uses wireless technology to destroy data on a stolen computer".

===============================================
SEC FILINGS

Edgar: Cyber Group Network
http://www.sec.gov/cgi-bin/srch-edgar?0001076939

FreeEdgar: Cyber Group Network
http://www.freeedgar.com/Search/FilingsResults.asp?CIK=0001076939

===============================================
QUOTES & CHARTS

Yahoo
http://quote.yahoo.com/q?s=CGPN.OB&d=t

BigCharts: 1-Year Chart
http://www.bigcharts.com/quickchart/quickchart.asp?symb=CGPN&freq=1&time=8

ClearStation: Historical Data
http://www.clearstation.com/cgi-bin/stock_price_enum?Symbol=CGPN

OTC-BB Market Maker List: CGPN
http://www.otcbb.com/asp/tradeact_mml.asp?searchby=i&searchfor=CGPN&x=21&y=11

OTCBB: Market Participant Quotes: CGPN (Delayed Level II)
http://www.otcbb.com/asp/mp_quotes.asp?Sort=4&Quotes=CGPN

===============================================
All Press Releases are available on the Company Website:
http://www.cybergroupnetwork.com/corp/titlebarPressReleases.asp

1/31/01 The Cyber Group Network Corp. Enhances E-Snitch Device and Develops Several Computer Security Programs Before Its Future Launch

1/17/01 Cyber Group Announces The Appointment Of Nisha Kapoor as President

12/20/00 THE CYBER GROUP NETWORK ANNOUNCES MULTI-PHASE E-SNITCH MARKETING AND DISTRIBUTION CAMPAIGN; CGPN Takes Fast Tracks The Introduction Of Version 1.0 E-snitch Device To The Retail Market In Response To High Industry And Consumer Demand

11/30/00 The Cyber Group Network Corp. Reports Sell Out of Its Initial 1,000 Beta Test Version 1.0 Units of the E-Snitch Device Due to Overwhelming Demand; CGPN To Also Conduct Encore Live Demonstration At the Request Of Interested Parties

11/27/00 The Cyber Group Network Corp. Offers One-Thousand Of Its Beta Version 1.0 E-Snitch Device On November 28, 2000 To Industry Experts And Consumers

11/21/00 The Cyber Group Network Corp. Plans to Release One-Thousand of Its Beta Verson 1.0 ESnitch Device Via Newly-Designed CyberCrime Corp. On-Line Store

11/16/00 The Cyber Group Network Corp. Generates Revenue, Signs International and National Non-Disclosure Agreements, and Successfully Increases Awareness to Business Partners and Consumers at COMDEX Fall 2000

11/13/00 THE CYBER GROUP NETWORK CORP. SUCCESSFULLY HOSTS ITS FIRST-EVER, LIVE PUBLIC DEMONSTRATION OF E-SNITCH; CyberCrime Corp., a Wholly Owned Subsidiary Of The Cyber Group Network Corp. Proves To Impartial Witnesses The True and Unique Functionality And Utility Of E-Snitch Via Teleconference Call And To Attendees

11/1/00 THE CYBER GROUP NETWORK CORP. CONFIRMS THE DEVELOPMENT OF WORLD'S FIRST-EVER ELECTRONIC SNITCHING DEVICE (E-SNITCH); CyberCrime Corp. A Wholly Owned Subsidiary Of The Cyber Group Network Corp. Unveils First-Ever, Recently-Announced Electronic Security Device, And Provides Demonstration Via Webcast And At COMDEX Fall 2000

10/30/00 THE CYBER GROUP NETWORK CORP. LISTS STRATEGY TO PROMOTE COMPANY PRODUCTS AND SERVICES AT THE LEADING MARKETPLACE FOR THE INFORMATION TECHNOLOGY COMMUNITY; CGPN Aims To Target Media and Attendees To Increase Company Awareness and Shareholder Value At COMDEX Fall 2000

10/25/00 THE CYBER GROUP NETWORK CORP CONFIRMS PRODUCTS AND SERVICES TO BE DEMONSTRATED AT COMDEX FALL 2000; CGPN Announces Products And Services To Be Displayed, Promoted And Demonstrated At The Largest Internet Technology Meeting Place In The World

10/23/00 THE CYBER GROUP NETWORK CORP. LAUNCHES NEW CORPORATE WEBSITE AT WWW.THECYBERGROUP.NET; CGPN Completes Second Phase In Updating And Modernizing Company's Website In Preperation For COMDEX Fall 2000

10/16/00 THE CYBER GROUP NETWORK CORP. ENHANCES CYBERCRIME CORP. WEBSITE, BECOMING THE LARGEST SOURCE OF INFORMATION SECURITY ON THE WORLD WIDE WEB; CGPN Takes The First Of Two Steps In Updating and Modernizing Corporate Websites In Preparation For COMDEX Fall 2000

10/1/00 THE CYBER GROUP NETWORK CORP. SIGNS DEAL WITH SECOND LARGEST ANIMATED PUBLICATION DISTRIBUTOR IN THE UNITED STATES. CGNComics, (Subsidiary of CGPN) and FM International, Inc. Join Together For Circulation of 24-Volume Comic Book Series: ``Tales Of A Hi-Tech Hustler''

9/28/00 THE CYBER GROUP NETWORK CORP ANNOUNCES THOMAS HOBSON AS NEW PRESIDENT; New President to Develop A Strategic Vision and Platform For Company's Existing and New Products

9/11/00 THE CYBER GROUP NETWORK CORP. LAUNCHES HIGH-TECH ANIMATED PUBLICATION SERIES AND WEBSITE; CGPN Soon To Tackle Billion Dollar Comic Book Industry and Offers Pre-Orders at www.CGNComics.com

9/8/00 THE CYBER GROUP NETWORK CORP. APPOINTS DAL HANSETH AS GENERAL MANAGER; New GM Will Provide Organization and Structure To Help Increase Productivity And Growth

9/6/00 THE CYBER GROUP NETWORK CORP. CLOSES ACQUISITION AGREEMENT WITH COMMUNITY BANKING PROGRAM; Acquisition Diversifies CGPN core Internet-Based Computer Security Business Into Financial Sector

8/22/00 THE CYBER GROUP NETWORK CORP. EXPANDS CORPORATE OPERATIONS TO SAN BERNARDINO HEADQUARTERS

8/14/00 THE CYBER GROUP NETWORK INCREASES COMPANY AWARENESS IN THE COMMUNITY, ON MAJOR TELEVISION NETWORKS AND AT COMPUTER INDUSTRY TRADE SHOW; CGPN takes part at the 3rd Annual Jon Grossman Junior Championship Tournament, Makes Its Television Debut and Participates at IT Exhibitor Event

8/9/00 THE CYBER GROUP NETWORK CORP SUCCESSFULLY DISTRIBUTES OVER 4,000 POMOTIONAL COPIES OF ITS HI-TECH HUSTLER SOFTWARE AT INTERNATIONALLY RENOUN COMPUTER SECURITY EVENT; Industry Leaders Respond Favorably to CGPN's Hi-Tech Hustler Research CD at the 11th Annual Fraud Conference and Trade Show in New York, NY and Defcon 8 in Las Vegas, NV

8/7/00 THE CYBER GROUP NETWORK CORP WILL SHOWCASE FAVORABLE HI-TECH HUSTLER RESEARCH CD AT THE LARGEST INTERNET TECHNOLOGY MEETING PLACE IN THE WORLD; CGPN Is Scheduled To Participate at COMDEX/Fall 2000 Expo. on November 13th - 17th At The Las Vegas Convention Center

7/31/00 The Cyber Group Network Corp. Launches Hi-Tech Specific Big Target Meta-Search Engine

7/24/00 The Cyber Group Network Corp. Launches National TV Advertising Campaign to Extend Growth into Market

7/10/00 The Cyber Group Network Corp. Announces Plans For Global Standardization of Computer Theft Prevention Device

7/7/00 The Cyber Group Network Corp Announces Filing With Standard & Poor's and Increases Investor-Company Communication.

7/5/00 The Cyber Group Network Corp Plans to Ship 20,000 Copies of it's Hi-Tech Hustler Research CD in July 2000

6/28/00
The Cyber Group Network Corp. Retains New Financial Consulting and Investor Relations Firm To Increase Exposure to The Investor Community

6/27/00 The Cyber Group Network Corp. Appoints Nisha Kapoor as Director of Public Relations

6/12/00 The Cyber Group Announces New Investor Relations Chat Room

[richand]

===Press Release Jan 31 2001===
Wednesday January 31, 6:52 pm Eastern Time

http://biz.yahoo.com/prnews/010131/ca_cyber_g.htm
SOURCE: The Cyber Group Network Corp.
The Cyber Group Network Corp. Enhances E-Snitch Device and Develops Several Computer Security Programs Before Its Future Launch
SAN BERNARDINO, Calif., Jan. 31 /PRNewswire/ -- The Cyber Group Network Corp. (OTC Bulletin Board: CGPN - news) Wednesday announced postponement of E-Snitch launch due to the added features and enhancement of the device.

On July 10, 2000, The Cyber Group Network introduced an electronic device, which can track and retrieve missing/stolen computers within five feet of its location, remotely. The Company anticipated releasing this product to retailers by the first quarter 2001.

However, in light of the recent developments, the Electronic Snitching Device will not be released in the first quarter, 2001. The launch postponement is related to additional features and changes to the device, which the Company expects to delay approval from the FCC. These additional key features have enhanced the E-Snitch Device, therefore rescheduling the launch of the device until all requirements and approvals have been met.

During beta testing of the E-Snitch Device, the Company has located changes that need to be made and is actively improving the device before its launch. The 1,000 beta units sold to industry experts, consumers, and computer manufacturer companies are still scheduled for shipment in February. These minor issues do not affect the overall functionality of the device, however CGPN believes it needs to be prepared for a proper, error-free launch.

At this point, the Company will not disclose the price per unit (PPU) of the device, or its current/potential alliances with distributors, due to added features and delayed launch date of the device.

Additionally, during the development of the E-Snitch, the Company has discovered several computer security software programs and components, which comprises the E-Snitch and can be used to work separately from the base E-Snitch unit. These programs/components have the potential of generating significant revenue apart from the base unit. Information related to these separate components will be released in the near future.

Nisha Kapoor, President for The Cyber Group states, ``We are very excited about the new added features to the E-Snitch, and will announce them in the near future. Our team has made a huge breakthrough, by developing technology outside of the E-Snitch, which can generate profit for the Company. The delayed launch is a protective measure the Company has taken in order to prevent competitors from unfairly reproducing our intellectual property, to satisfy all FCC requirements, and to prepare for a successful, large-scale launch in the future.''

Safe Harbor Statement

These news releases may contain forward-looking statements related to E-snitch, distribution timeline and functionality which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies and other factors described in the company's filings with the Securities and Exchange Commission. The actual results may differ materially from any forward-looking statements due to such risk and uncertainties. The company undertakes no obligation to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

For further information, please contact: Katrina Baldwin of The Cyber Group Network Corp., San Bernardino, 866-660-CGPN, or 909-370-4752, or fax, 909-890-5849, [e-mail], or visit the following Web sites: www.thecybergroup.net www.cybercrimecorp.com www.bigtarget.com www.cgncomics.com .

SOURCE: The Cyber Group Network Corp.