C-ME.com - News Release

National Retail Federation Debuts Roadmap Sourcing Seminar at ASAP August Show

EL MONTE, Calif.--(BUSINESS WIRE)--June 24, 2003--ASAP Global Sourcing Show ("ASAP"), a wholly-owned subsidiary of Cyber Merchants Exchange ("C-Me") (OTCBB:CMEE - News), an international electronic trading company, today announced a new strategic partnership with the National Retail Federation (NRF). As part of the alliance, NRF will deliver a new seminar, "The New Sourcing Mandate: Communicate, Collaborate and Control," at the August ASAP Show. The seminar will provide a lively interactive two-hour workshop designed to deliver a strategic "Sourcing Roadmap" to industry executives.

"We are pleased to announce our participation at the ASAP Global Sourcing Show," said NRF President and CEO Tracy Mullin. "As retailers continue to expand their business in the global marketplace, sourcing will be an integral factor in their success. We look forward to providing this seminar to help educate the retail industry on this important issue."

NRF will deliver the seminar on Monday, August 25, 2003 from 11:00 a.m. - 1:00 p.m. at the Las Vegas Hilton Hotel Convention Center. All attendees are asked to register online at http://www.asapshow.com/attform.asp.

The August 24-27, 2003 ASAP Show will feature over 300 full-package apparel factories from more than 35 countries.

About the National Retail Federation (http://www.nrf.com)

The National Retail Federation (NRF) is the world's largest retail trade association with membership that comprises all retail formats and channels of distribution including department, specialty, discount, catalog, Internet, independent stores as well as the industry's key trading partners of retail goods and services. NRF members represent an industry that encompasses more than 1.4 million U.S. retail establishments, employs more than 20 million people -- about 1 in 5 American workers -- and registered 2002 sales of $3.6 trillion. NRF's international members operate stores in more than 50 nations. In its role as the retail industry's umbrella group, NRF also represents 32 national and 50 state associations in the U.S. as well as 36 international associations representing retailers abroad.

About Cyber Merchants Exchange, Inc. (http://www.C-Me.com)

C-Me is an international electronic trading and logistics company, creating efficiencies for retailers to source and finance international purchases. C-Me offers its patent pending Global Financial Platform allowing U.S. buyers to purchase overseas merchandise without the need of issuing a Letter of Credit. The ASAP Global Sourcing Show, a natural extension of C-Me, is held twice a year in Las Vegas, Nevada. ASAP's mission is to establish a premier venue for leading international textile and apparel full package factories to conduct business under one roof with global buyers. The Company presently has 25 offices located throughout the world.

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 partners, 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.

vCertain 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.