FOR IMMEDIATE RELEASE

C-Me is Honored With Deloitte Technology's Fast 500 Award

Press Release Source: Cyber Merchants Exchange
Wednesday October 15, 5:25 pm ET
Parent of ASAP Global Sourcing Show Grew More Than 3000 Percent

EL MONTE, Calif.--(BUSINESS WIRE)--Oct. 15, 2003--Cyber Merchants Exchange ("C-Me") (OTCBB:CMEE - News) - parent company of the ASAP Global Sourcing apparel trade show - has been named Number 101 on the 2003 Deloitte Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. Company revenues grew an astonishing 3,635 percent from 1998 to 2002.

Additionally, C-Me was ranked number five in Southern California of the fastest growing technology companies in the Los Angeles area as recognized by Deloitte & Touche. Called the "Los Angeles Technology Fast 50," the annual award program ranks by revenue growth technology companies located in Los Angeles, Riverside, San Bernardino, Santa Barbara, and Ventura County.

Frank S. Yuan, CEO and Chairman of C-Me/ASAP Show, credits its patented technologies and niche in the marketplace with the enormous growth of the company over the past five years. "We're thrilled to be honored with this award that recognizes companies based on merit, innovation, and performance," said Yuan. "As the industry becomes more global and trade barriers come down, C-Me is there meeting the needs of manufacturers and sourcing agents by giving them a seamless platform from which to secure product."

To determine the fastest growing companies, Deloitte reviewed fiscal year revenues over five years (1998-2002), calculated the revenue growth percentage over five years and compared the growth of all the technology companies. Making this list is an extraordinary accomplishment for C-Me, which runs the world's largest garment and textile sourcing trade show.

The majority of the C-Me revenue increases came from the company's transactions through purchase and production orders by its retailing and manufacturing customers. C-Me is considered one of the pioneering global business to business e-commerce solution companies. Its seamless systems for allowing retailers and manufacturers to produce fashions worldwide, often without needing a letter of credit, is changing the way the industry thinks about sourcing.

"Growing the top line enough to make the Deloitte Technology Fast 500 is especially meaningful during tough economic times for the technology sector," said Mark A. Evans, national managing partner of Deloitte's Technology, Media & Telecommunications Group. "We congratulate C-Me/ASAP on becoming one of the 500 fastest growing technology companies in North America."

About Deloitte (www.deloitte.com/us)

Deloitte, one of the nation's leading professional services firms, provides audit, tax, financial advisory services and consulting through nearly 30,000 people in more than 80 U.S. cities. The firm is dedicated to helping its clients and its people excel. Known as an employer of choice for innovative human resources programs, Deloitte has been recognized as one of the "100 Best Companies to Work For in America" by Fortune magazine for six consecutive years. "Deloitte" refers to Deloitte & Touche LLP and affiliated entities. Deloitte is the U.S. member firm of Deloitte Touche Tohmatsu. Deloitte Touche Tohmatsu is a Swiss Verein (association), and, as such, neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the name "Deloitte," "Deloitte & Touche," "Deloitte Touche Tohmatsu" or other related names. The services described herein are provided by the U.S. member firm and not by the Deloitte Touche Tohmatsu Verein. For more information, please visit Deloitte's web site at www.deloitte.com/us.

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.