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PASADENA, CA – August 13th, 2002, ASAP Global Sourcing Show, a wholly owned subsidiary of Cyber Merchants Exchange ("C-Me") (OTCBB: CMEE), an international B2B Electronic trading company, today announced that Jordan Investment Board (“JIB”) is featuring a seminar during it’s August ASAP Show at the Las Vegas Hilton for the unique investment opportunities in Jordan.

"We are thrilled that JIB has chosen to announce their 4^th free-trade agreement (“FTA”) signed by the United States after Israel, Mexico, and Canada,” stated Frank Yuan, Chairman and CEO of C-Me and ASAP. Yuan added, “ASAP global sourcing show will be the perfect venue and timing for a seminar to launch the opportunity of investment in Jordan and to learn more about Jordan and USA free-trade agreements.”

Mrs. Reem Badran, Director General of JIB, stated, “Today Jordan exports $300 million, a 125% increase over the year 1999, of apparel and textiles to major U.S. retail buyers including Target, Wal-Mart, JC Penney, and Kohl’s, as well as brands such as: Victoria’s Secret, Kenneth Cole, Calvin Klein, Donna Karen, and Liz Claiborne.”  Badran continues, “FTA includes provisions governing intellectual property rights, E-commerce, visas, anti-dumping, and dispute settlement mechanism.” 

John R. Calvert, seminar consultant and President of the Network Apparel Group, stated, “the presentation will be an informative exchange of the knowledge needed to stay abreast of the many challenges and opportunities available in today’s global sourcing environment.  The importance of a balanced sourcing strategy can never be undermined, and certainly with NAFTA, the Caribbean initiatives (CBTPA), and the impact of GATT and WTO in 2005, the timing is right to explore the unique advantages offered by the US and Jordan free -trade agreement.”

About The Jordan Investment Board
The Jordan Investment  (http://www.jordaninvestment.com) has been dedicated to encouraging and facilitating investment in Jordan. With the overarching goal of achieving development and modernization of the economy, the management and staff of the JIB has improved the investment environment in Jordan, and service to the foreign investor at the top of its agenda. Since its creation by the government of Jordan in 1995, the JIB has been dedicated to encouraging and facilitating investment in Jordan, with a focus towards the apparel and textile sectors.

About Cyber Merchants Exchange, Inc.
C-Me (http://www.C-Me.com) is an international B2B electronic trading company that creates efficiencies for retailers to source and finance international purchases. C-Me’s patent pending Global Financial Platform allows U.S. retailers to purchase overseas merchandise without the need of issuing a Letter of Credit.  C-Me produces the ASAP global sourcing show twice a year (http://www.asapshow.com/).  ASAP Show will be held at the Las Vegas Hilton Hotel in conjunction with the world’s largest apparel trade show week. The Company presently has offices located throughout Asia and Turkey.  C-Me has strong strategic partnerships with CIT Commercial Services (NYSE: CIT), Bank SinoPac, Rical Logistics and UPS.  The Company’s current retail partners included, among others are: Factory 2-U Stores, Inc. (NASDAQ: FTUS), Burlington Coat Factory (NYSE: BCF), Susie’s Deals, and Bermo Enterprises.