CYACQ EXTENDS TENDER FOR CYCLOPS <CYL> Cyacq Corp said it extended its 80 dlr a share tender offer for Cyclops Corp to March 20 from today. Cyacq was formed by Citicorp Capital Investors Ltd and Audio Video Affiliates INc <AVA> to acquire Cyclops. THe tender offer began on February six. The offer is conditioned upon at least 80 pct of the outstanding shares and at least 80 pct of the voting securities being tendered before expiration of the offer. As of March six, only 353 shares of Cyclops' 4.1 mln outstanding shares had been tendered.