Press Release

CYPM signs Agreement with Veteran Animation Director for Future Projects

NEW YORK -- (PRIMEZONE) -- Cyper Media, Inc.(OTC BB:CYPM.OB) is pleased to 
announce that the company has signed an agreement 

with Animation Director Hyun Chan Lee to co-produce various contract animation 
projects.

Mr. Lee has substantial experience in animation and has been working since 1979 
on various shows, most notably ``The 

Simpsons.''

Some of the other animation projects Mr. Lee worked on are: Muppet Babies (1990 
USA), My Little Pony (1992 USA), Mission 

Hills (2000 USA), What's up Mimi (2002 Canada) and The Proud Family (2002 USA).

Duk Jin Jang, CEO of Cyper commented: ``By bringing in a veteran animation 
director like Mr. Lee, this will not only help 

Cyper's production, but also bring in more business to us and further solidify 
Cyper's core business in 2D animation.

``We are on our way of achieving a consistent cash flow from our OEM 2D 
animation business. With Digital Dream Entertainment 

focusing on Japanese anime business, and our future plans of bringing Europe 
and North America animation business into our 

fold, Cyper will continue to bring value to our shareholders.''


Up-Breaking News is an independent research firm. This report is based on 
Up-Breaking News's independent analysis but also 

relies on information supplied by sources believed to be reliable. This report 
may not be the opinion of CYPM management. 

Up-Breaking News has also been retained to research and issue reports on CYPM. 
Up-Breaking News may from time to time 

purchase or sell CYPM common shares in the open market without notice. The 
information contained in this report shall not 

constitute, an offer to sell or solicitation of any offer to purchase any 
security. It is intended for information only. Some 

statements may contain so-called "forward-looking statements". Many factors 
could cause actual results to differ. Investors 

should consult with their Investment Advisor concerning CYPM. Copyright 2004 © 
Up-Breaking News Ltd. SMS, Apartado 173-3006 

Zona Franca MeoBarreal Heredia, Costa Rica.  All Rights Reserved. This 
newsletter was distributed by MMS,Inc. MMS was paid 

four thousand dollars to distribute this report. MMS is not affiiated with 
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