Cybertech Systems mulls acquisition

A meeting of the board of directors of Cybertech Systems & Software Ltd will be held on January 20, 2003 to consider the following:

1. Explore, consider & evaluate the feasibility and modality for acquiring 100% equity of Cyber Tech Systems Inc (USA).

2.

Consider and review the working capital requirements of Cybertech Europe, a wholly owned subsidiary of the company.

3. Consider and take on record the unaudited financial results for the quarter ended December 31, 2002.

BSE Code: 532173