CyberKey Corporation Receives $4.2 Million Payment as Featured in Investor's Business Daily ST. GEORGE, UT, Apr 07, 2006 (MARKET WIRE via COMTEX) -- CyberKey Corporation (OTC: CYKC) is pleased to announce that the Company has received a payment of $4.2 Million from the Department of Homeland Security for its initial shipment of 33,000 CyberKey units. The total order submitted by the federal government is for 150,000 units and is expected to exceed $24 Million. The Company recently announced that the second shipment of 30,000 units, totaling more than $4 Million, was shipped last week out of CyberKey's contract manufacturing facility in San Jose, CA. CyberKey Corporation will be featured in the Investor's Business Daily on Friday, April 7, 2006; Monday, April 10, 2006; and Wednesday, April 12, 2006. The Company will also be featured on www.investors.com for the next two weeks starting Friday, April 7, 2006. Investor's Business Daily is read by nearly 1 million readers on a daily basis.
ABOUT INVESTOR'S BUSINESS DAILY
Investor's Business Daily (IBD) was launched in 1984 and is now read by nearly a million investors. It is considered more of a research tool than a traditional newspaper. Known for its innovative stock tables, Investor's Business Daily provides critical information previously available only to institutional investors (pension and mutual funds, banks, insurance companies and government organizations).
ABOUT CYBERKEY
CyberKey Corporation, based in St. George, Utah, partners with industry leading manufacturers and distributors to deliver secure USB drive based solutions to vertical markets and content owners, service providers and resellers. CyberKey solutions solve real world issues in the entertainment, education, government, military, automotive, financial services and medical industries. CyberKey technologies allow users to securely transfer large amounts of data, files and applications software from one electronic device to another while employing a patent pending USB based Digital Rights Management process. CyberKey's solutions create new opportunities for existing industries and applications.
Statements contained in this news release, other than those identifying historical facts, constitute 'forward-looking statements' within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.
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