Prestige Telecom Inc. retains the services of corporate communications specialis
"Prestige Telecom is experiencing robust growth with two recentacquisitions and a financing that brought us new shareholders, saidBrian McFadden, President and Chief Operating Officer of Prestige Telecom."MaisonBrison and Brisco Capital Partners' reputations and expertise incorporate communications, as well as their experience with numerousfast-growing companies, made them logical partners in our development," saidMr. McFadden.
"We are excited about raising Prestige Telecom's profile in the financialcommunity and with the public at large," said Martin Goulet, Senior VicePresident, Investor Relations of MaisonBrison. "We realize there is tremendouspotential for internal and external growth at Prestige Telecom. There is aclear trend for telecommunication and cable companies, as well as wirelessservice providers to outsource their network engineering, materials furnishingand installation activities. As the largest independent provider of suchservices in Canada, Prestige Telecom is well positioned to address thisgrowing market across the country."
Under the terms of the twelve-month agreement, MaisonBrison will receivemonthly fees of $5,000 plus certain additional fees based on the nature of theservices provided. Brisco Capital Partners' agreement is effectiveimmediately, and may be terminated by either party at any time. Brisco will bepaid a monthly fee of $6,000. All fees will be paid out of the Company'sgeneral funds. No stock options have been granted to MaisonBrison or BriscoCapital Partners by the Company.
About Prestige Telecom Inc.
Prestige Telecom is a leading provider of network engineering, materialsfurnishing, installation and support services (commonly referred to as E, F&Iservices) required to construct, operate and maintain wireline, wireless andcable television networks.
Prestige Telecom assists telecommunications original equipmentmanufacturers ("OEM") and service providers to engineer, install and upgradetheir wireless, wireline and cable television network infrastructures tosupport enhanced voice, high speed data and video services.
In Canada, Prestige Telecom operates from three full service locationsbased in Baie d'Urfé (Montreal), Quebec; Mississauga (Toronto), Ontario andCalgary, Alberta and has more than 300 professional and technical personnel.Prestige Telecom operates in the United States market through a mutualsubcontractor agreement with Comforce Telecom Inc. under the trade namePrestige Comforce Professional Services ("PCPS"). PCPS is based in Plano,Texas and provides services to customers throughout the United States.
About Brisco Capital Partners Corp
Brisco Capital Partners is a Calgary-based company specializing inInvestor Relations and Corporate Communications. The founding partners ofBrisco Capital bring 17 years of combined experience creating effectiveresults and driven Investor Relations programs for Canadian public companies.Brisco is focused on growing investor interest through ongoing communicationand interaction with the investment community.
About MaisonBrison (MB)
Founded in 1983, MaisonBrison meets the communications needs of a numberof Canadian public and private companies. MaisonBrison offers a wide range ofservices. Specializing in investor relations, public relations and mediarelations, MB also offers graphic design and computer graphics services andorganizes marketing roadshows. The firm acts as communications department onclients' behalf or enables them to outsource certain functions of theirchoice. MB's team consists of specialists in finance and communications.
The TSX Venture Exchange accepts no responsibility for the adequacy or the accuracy of this press release.
For further information
Prestige Telecom Inc.: Brian McFadden,President & Chief Operating Officer, (514) 457-4488, Ext. 263,bmcfadden@prestige-tel.com
Brisco Capital Partners Corp: Gordon Aldcorn,Partner, (403) 262-9888, gordon@briscocapital.com
MaisonBrison: MartinGoulet, CFA Senior Vice President, Investor Relations, (514) 731-0000, Ext.229,
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