LOS ANGELES, Oct. 5, 2011 (GLOBE NEWSWIRE) -- CyberDefender(R)
Corporation (Nasdaq:CYDE), a leading provider of direct-to-consumer
remote technical support services, Internet security software and
utilities, today announced it has secured $3.45 million in additional
financing and reached an agreement in principle to appoint Greg Thomas
as its CEO, effective October 10, 2011, for a twelve month period.
These important milestones place the Company in a strong position to
capitalize upon the growing demand for the Company's software and live
tech services.

About CyberDefender

CyberDefender is a leading provider of remote technical support
services, Internet security software and utilities directly to the
consumer market. CyberDefender's team of highly trained technicians and
sales agents provide customers with efficient, round the clock remote
PC repair services. The company markets antispyware/antivirus software,
PC optimization software and online backup services. By combining
remote live technical support and the aforementioned software products,
CyberDefender offers a complete Internet security solution to
consumers.

CyberDefender directly markets its products and services to consumers
through television and radio via its MyCleanPC(R), MaxMySpeed(R) and
DoubleMySpeed(R) brands. CyberDefender products are fully compatible
with Microsoft Windows(R) XP, Vista(R), and 7 Operating systems. All
products are available at www.cyberdefender.com. Investor relations
information is available at www.cyberdefendercorp.com.

The CyberDefender Corporation logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=7874

Forward Looking Statements

Statements in this public announcement that are not statements of
historical or current fact, including statements regarding the
implementation of the company's strategic repositioning, the company's
financial position through the end of the year, the appointment of a
chief executive officer, and the company's future business and
financial prospects, constitute "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E of
the Securities Exchange Act of 1934. Such forward-looking statements
involve known and unknown risks, uncertainties and other unknown
factors that could cause CyberDefender's actual results to be
materially different from the historical results or from any future
results expressed or implied by such forward-looking statements.
Factors that could cause CyberDefender's results to be materially
different from the forward-looking statements include, but are not
limited to, whether CyberDefender will be able to find financing as
required and whether CyberDefender's revenues will eventually exceed
its expenses. The forward-looking statements also are subject generally
to other risks and uncertainties that are described from time to time
in CyberDefender's reports and registration statements filed with the
Securities and Exchange Commission, which are available for review at
http://www.sec.gov/.


CONTACT: Investor Relations:
         (213) 689-8631 x 130
         IR@CyberDefender.com
         IR Site: www.CyberDefenderCorp.com