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Cyber Merchants Exchange
4349 Baldwin Ave., Unit A
El Monte, CA 91731
Tel: (626) 636-2530   Fax: (626) 636-2536
www.c-me.com

FOR IMMEDIATE RELEASE

Cyber Merchants Exchange CEO Interviewed by Wall Street Reporter

EL MONTE, Calif.--  January 7, 2004 – Frank Yuan, CEO and Chairman of Cyber Merchants Exchange (C-Me), (OTCBB:CMEE), was interviewed by Wall Street Reporter Magazine.  The interview was in direct response of C-Me’s 101st ranking in the Nation by Deloitte & Touche’s Fast 500 Awards in October.  The interview can be read and heard at www.wallstreetreporter.com . 

In the interview, Yuan commented that C-Me’s four interlocking services have placed the Company as an authority in global apparel sourcing.  Yuan also commented on the overall size of the potential market.  “Even though we have grown 3600% in the past five years, C-Me hasn’t reached the tip of the iceberg yet. As we all know, medium to large retail buyers and manufacturers such as TJ Maxx and Fruit of the Loom have not yet set up a global presence. Giant retailers like JCPenney and Wal Mart have benefited from their expertise on sourcing overseas.”

Yuan also anticipates that key challenges facing C-Me in the coming year will be continuing the Company’s growth rate, retaining profitability, and showing higher returns.

About Wall Street Reporter (http://www.wallstreetreporter.com/)

Wall Street Reporter is the acclaimed weekly news magazine read by more than 80,000 fund managers, analysts, investment bankers, venture capitalists and influential members of the news media around the world.

About Cyber Merchants Exchange, Inc. ("C-Me") (OTCBB:CMEE - News)

C-Me is an international electronic trading, financing, logistics and trade show organizer corporation that targets the apparel industry. C-Me has set the standard for apparel global electronic trading and built the model for other leading industries by adhering to a simple formula of success.
 

Certain of the statements made herein constitute forward-looking statements that involve risks and uncertainties.  In such instances, actual results could differ materially as a result of a variety of factors including the risks associated with the effect of changing economic conditions at home and abroad, variations in cash flow, reliance on collaborative retail customers, reliance on intellectual property legislation, use of proprietary un-patented technology, dependence on the Internet and on new product development, variations in new product and service development, risks associated with rapid technological change, and potential of introduced or undetected flaws and defects in products and services and other risk factors detailed in forms filed with the Securities and Exchange Commission from time to time.


C-Me Contact

Investor Relations Department
Janet Torres
(626) 636-2530
e-mail: ir@c-me.com

PR Contact

Howard Ruben
LifeStyle PR
(818) 823-1971
E-mail: hruben@lifstylepr.net
ASAP Contact
Laurie Boon
Director of Global Marketing
(203) 746-1624
E-mail: laurie@asapshow.com