


Cyberplex Inc. (TSX : CX), one of North America's leading technology solutions firms, today that it has filed with the Toronto Stock Exchange (“TSX”), and the TSX has accepted, a notice of intention to make a normal course issuer bid. Under its normal course issuer bid, Cyberplex may purchase up to 2,627,150 of its common shares, representing approximately 10% of the “public float” of common shares. As of November 7, 2005, Cyberplex has 32,426,249 common shares issued and outstanding, with a public float of 26,271,549 common shares. Cyberplex will cancel any common shares purchased pursuant to the normal course issuer bid. The purchases may commence on November 21, 2005 and will terminate on November 20, 2006, or on such earlier date as Cyberplex may complete its purchases pursuant to the notice of intention to make a normal course issuer bid filed with the TSX. Purchases will be made on the open market by Cyberplex through the facilities of the TSX in accordance with TSX requirements. The prices that Cyberplex will pay for any purchased common shares will be the market price of such shares on the TSX at the time of acquisition. The Corporation will make no purchases of common shares other than open-market purchases.
In the opinion of the Corporation’s Board of Directors, the common shares have been trading at prices that do not reflect the underlying value of the Corporation. As a result, Cyberplex believes that its common shares are a good investment at its current and recent prices.
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For more information please contact
Investor Relations, Cyberplex
416-597-8889
1-888-597-8889
investor@cyberplex.com