Investor Relations


Press Release Details

H&R Block and Cybertel Communications Corporation to Offer Complete Anytime, Anywhere, Any Way Tax Support

March 8, 2001

KANSAS CITY, Mo. and SAN DIEGO, March 8 /PRNewswire/ -- H & R Block (NYSE: HRB) and Cybertel Communications Corporation (OTC Bulletin Board: CYTP) has announced that this tax season, H&R Block and Cybertel Communications Corporation will provide the most comprehensive range of Internet based tax tools and information available. With choices from tax advice to complete professional tax preparation -- all from the comfort of the taxpayer's own home -- it's never been easier.

Starting immediately, Cybertel is providing its consumers access to H&R Block's new online tax services that eliminate all of the guesswork and stress from the tax preparation process. Consumers can access Block's wide array of online tax solutions at http://www.cybertelcorp.com.

"We are delighted to partner with H & R Block in this endeavor, it gives Cybertel the opportunity to deliver the best tax service available to our Affinity Group members and we know that everyone has to file a tax return annually"

"Do-it-yourself tax preparation doesn't have to mean do it alone when using H&R Block's online services through Cybertel's Web site," said Mark A. Ernst, president and CEO of H&R Block. "Now taxpayers can call on Block's expertise at any time and receive professional assistance to complete their returns."

Cybertel's Web site visitors will have convenient access to the following H&R Block online tax products and services: -- Professional Tax Service -- For the taxpayer who wants all the benefits

       of professional tax preparation combined with the convenience of the
       Internet, H&R Block's Professional Tax Service is the answer.
       Consumers simply provide their tax information online at
       http://www.cybertelcorp.com and H&R Block does the rest, preparing and
       delivering a signed tax return to the customer, usually within 48
       hours. Affordably priced at just $99.95 regardless of the return's
       complexity, Professional Tax Service is a fraction of the cost of the
       average CPA and includes one federal and one state tax return. Each
       additional state return costs only $49.95.

    -- Online Tax Program -- Do-it-yourself taxpayers visiting
       http://www.cybertelcorp.com looking for a faster, easier tax
       preparation solution than the traditional pen and paper method can
       access Block's Online Tax Program. The $19.95 fee includes electronic
       filing and one residential state return. Best of all, there is no
       charge until the taxpayer is ready to file the return. The Online Tax
       Program performs calculations automatically, checks for errors and
       fills out all of the appropriate forms. It cuts hours off tax
       preparation time and weeks off the time required to receive a refund,
       and it delivers the most comprehensive, easy-to-use tax tools right to
       the taxpayer's home.

    -- Professional Review -- Worried that you might have made a mistake on
       your tax return? Not sure you caught all the credits or deductions you
       deserve? Taxpayers who access Block's Online Tax Program through
       http://www.cybertelcorp.com can have their self-prepared return
       reviewed, signed and guaranteed by Block. With Block's Professional
       Review service, a tax professional will check a client's self-prepared
       return for missing information, errors or IRS "red flags" and provide
       tax planning tips for next year. The $29.95 fee includes review of both
       the federal and resident state returns.

    -- Ask A Tax Advisor -- When faced with a complex personal tax question,
       consumers at http://www.cybertelcorp.com can turn to H&R Block's new
       "Ask a Tax Advisor" service for quick, accurate answers from one of the
       company's knowledgeable tax professionals for only $19.95 per solution.
       Using e-mail, live chat or phone, a Block professional will answer the
       taxpayer's specific tax questions.

In addition to Cybertel's regular content, consumers can access valuable H&R Block tax content, including tax tips and other free tools such as a Tax Refund Estimator and Tax Withholding Calculator.

About H&R Block

H&R Block Inc. is a diversified company with subsidiaries providing a wide range of financial products and services. Last year, H&R Block served 19.2 million taxpayers -- more than any tax or accounting firm -- through its more than 10,000 offices located in the United States, Canada, Australia and the United Kingdom. H&R Block served another 1.8 million tax clients through its award-winning software program, Kiplinger TaxCut(R), and through its new online tax preparation services. H&R Block Financial Advisors, member NYSE, SIPC, offers investment services and securities products. H&R Block Mortgage Corporation and Option One Mortgage Corporation offer a full range of home mortgage products. RSM McGladrey Inc. is a national accounting, tax and consulting firm with 100 offices nationwide, as well as an affiliation with 550 offices in 75 countries as the U.S. member of RSM International. Quarterly results and other information are available on the company's Web site at http://www.hrblock.com.

About Cybertel

Cybertel is a fully integrated telecommunications service provider that supplies a wide range of telecommunications services. The Company can offer highly competitive rates to its residential customers on long-distance, personal 1-800 numbers, calling card calls and high-speed Internet access, as well as completely free traditional Internet dial-up access with its Internet call-waiting feature. For businesses, Cybertel offers a wide variety of value-added services. These included high-speed Internet access (DSL), virtual private networks (VPN), unified messaging and Web hosting services. Cybertel (http://www.cybertelcorp.com) is also in the process of building a state-of-the-art Internet telephony network throughout the United States. Cybertel plans to expand its network over the next year to include 56 gateways around the U.S., which will serve the entire country. The Sonus gateways give Cybertel a significant advantage over its competition.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this advertisement are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, governmental approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission.

L.G. Zangani, LLC provides financial public relations service to the Company. As such L.G. Zangani, LLC and/or its officers, agents and employees, receives remuneration for public relations and or other services in the form of moneys, capital stock in the Company, warrants or options to purchase capital in the Company. SOURCE Cybertel Communications Corporation and H&R Block

CONTACT: Neil Getzlow of H&R Block, 816-932-4886, ngetzlow@hrblock.com; Ricki Daniel of Cybertel, 858-646-7410, rdaniel@cybertelcorp.com; or Doug Spegal of LG Zangani LLC, 908-788-9660, lgzangani@rcn.com, for Cybertel