Cyberplex Inc. (TSX: CX) (the "Company" or "Cyberplex"), a North American technology consulting firm, announces that it will be undertaking a proposed private placement to raise up to $3,250,000. The private placement will be undertaken by way of a unit offering, with each unit (a "Unit") priced at $0.40 and comprised of one common share and one-half warrant, with each whole warrant ("Warrants") entitling the holder to acquire one additional common share at the price of $0.60 for a period of 18 months from the closing date. Up to 8,125,000 Units will be offered. “Cyberplex has received a lead subscription...
Cyberplex Inc. (TSX: CX), a North American technology consulting firm, is pleased to announce the acquisition of WebAffairs Inc. (“WebAffairs”), a Toronto based Internet solutions and services company supporting all of its clients creative and technology needs. “WebAffairs is unique in its ability to offer complex technology solutions to small and midsized organizations through long term, recurring licenses.” said Geoffrey Rotstein, CEO of Cyberplex. “By using internally built solutions and interfaces, WebAffairs is able to license technology to clients on a multi-year basis and provide them with affordable solutions while building a recurring revenue model.” “We are very excited about...
Cyberplex (ticker: CX, exchange: Toronto Stock Exchange) News Release - 04 - May - 2006 Cyberplex Announces First Quarter Financial Results for 2006 TORONTO, May 4, 2006 - Cyberplex Inc. (TSX : CX) today announced financial results for its first quarter ended March 31, 2006. Sales for the three month period ended March 31, 2006 were $1.21 million, down from the $1.39 million generated in the previous quarter and lower than the $2.26 million recorded during the same period a year ago. The loss before amortization and interest income for the quarter was $131,000 compared to a $346,000 operating loss...
Cyberplex (ticker: CX, exchange: Toronto Stock Exchange) News Release - 27 - March - 2006 Cyberplex Announces Fourth Quarter and Year-End Financial Results for 2005 TORONTO, March 27, 2006 - Cyberplex Inc. (TSX : CX) one of North America's leading technology consulting firms, today announced financial results for the fourth quarter and the year ended December 31, 2005. Fourth quarter revenue of $1.39 million was lower than the $1.51 million in revenue from the previous quarter and down from the $2.38 million recorded during the same period a year ago. The loss for the quarter, before amortization, interest income, goodwill...