TORRANCE, Calif., July 6, 2005 (PRIMEZONE) -- CyberAds Inc. (OTCBB:CYAD) announced today that the company has signed another distributor to the XBoard team to represent the product in the San Diego area. FitnessXchange, owned by David Mears of Vista, California, is the latest business to join the growing network of XBoard distributors in North America.
"This is one of the hottest water sports markets in the country", stated John Allen, VP of Sales for CyberAds, "Surfers, jet skiers, wakeboarders -- they're all here, and they're all anxious to ride the XBoard." Mears is the latest distributor to join the XBoard team as the production launch of the revolutionary new product grows near. XBoard is a personal watercraft that looks like a surfboard but is powered by a 39.5 hp rotary engine. It is anticipated that the new product and the sport that it is creating -- jet surfing -- will impact water sports in the same way that snowboards changed snow skiing in the 1990's.
"This is a cutting edge product that will be well received by the young, athletic, free-spirited people that live in this area," stated Mears. "The lagoons, lakes, rivers and bays in the San Diego area are perfect venues for this exciting new product. I expect to see an Xboard at every rental yard, boat shop, PWC store, ATV shop, resort, and lifeguard station from Oceanside to Catalina as it will truly be the next great water sport." XBoard San Diego's territory extends from the beaches of Oceanside to the north, Coronado to the south and Rosemont and Lake Miramar to the east.
CyberAds is negotiating with distributors for exclusive territories throughout North America for the sale and rental of XBoard. The company acquired the North American distribution rights for XBoard. Parties interested in reseller opportunities are encouraged to contact CyberAds representatives at (800) 288-3099 or visit www.CYADXBoard.com for more information.
XBoard is an innovative product from Aqua Xtremes, Inc., a design and manufacturing company that specializes in the creation of extreme sports products and marine engines.
Cautionary Statement for the Purpose of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995: Forward-looking statements in this news release are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Certain important factors could cause results to differ materially from those anticipated by the forward-looking statements, including the impact of changed economic or business conditions, the impact of competition, the success of existing and new product releases, the management of our growth, other risk factors inherent in the internet, and extreme sports industries, and other factors discussed from time to time in reports filed by the company with the Securities and Exchange Commission.
CyberAds, Inc. has and continues to institute changes to its strategies, operations and processes to address these risk factors and to mitigate their impact on CyberAds, Inc. results of operations and financial condition. However, no assurances can be given that CyberAds, Inc. will be successful in these efforts.