Axia NetMedia Corporation: Webcast of 2011 Annual General and Special Meeting and Release of Fiscal 2012 First Quarter Results and Investor Conference Call

CALGARY, Nov. 9, 2011 /CNW/ -Axia NetMedia Corporation's (Axia) 2011 Annual General and Special Meeting of Shareholders will be held on Friday, November 18, 2011 at 3 p.m. (Mountain) in the Twin Room, Hôtel Le Germain, 899 Centre Street S.W., Calgary, Alberta. It will be webcast via CNW Group.

Additionally, Axia will release its fiscal 2012 first quarter results on Friday, November 18, 2011. A conference call for the investment community on the fiscal 2012 first quarter results will be held Monday, November 21, 2011 at 3 p.m. (Eastern) and 1 p.m. (Mountain).

The details of each event are as follows:

2011 Annual General and Special Meeting Webcast
Axia NetMedia Corporation's 2011 Annual General and Special Meeting of Shareholders will be live webcast on Friday, November 18, 2011 at 5 p.m. (Eastern) and 3 p.m. (Mountain) at:

http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=3684560
Click on the "listen to webcast" icon on the screen.

A replay will be available via Axia's website www.axia.com or at:
http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=3684560
from 8 p.m. (ET) Friday, November 18, 2011 to midnight (ET) Friday, November 25, 2011, or through the webcast archives at http://www.newswire.ca.

Fiscal 2012 First Quarter Results and Conference Call
Axia NetMedia Corporation will release its fiscal 2012 first quarter results on Friday, November 18, 2011.

A conference call for the investment community will be held Monday, November 21, 2011 at 3 p.m. (Eastern) and 1 p.m. (Mountain). Axia Chairman and CEO Art Price, Axia Canada President and Executive Vice-President Murray Sigler, and Chief Financial Officer Alan Hartslief will participate.

To participate in the conference call, please dial (647) 427-7450 in Toronto and internationally. If you are connecting from other parts of Canada, dial 1-888-231-8191.  Please call ten minutes prior to the start of the call. A live webcast (listen only mode) of the conference call will be available at:

http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=3699740

A replay of the conference call will be available at (416) 849-0833 or 1-855-859-2056, passcode 19381291 from 6 p.m. (ET) Monday, November 21, 2011 to midnight (ET) Monday, November 28, 2011, or through the webcast archives at http://www.newswire.ca.

About Axia
Axia sells services over fibre optic communications infrastructure that has implemented the Axia NGN Solution. To date, the Axia NGN Solution has been implemented in Alberta, France, Singapore, Spain and Massachusetts. Axia trades on the Toronto Stock Exchange under the symbol "AXX".

This News Release contains forward-looking statements, including, without limitation, statements containing the words "should", "believe", "anticipate", "may", "plan", "will", "continue", "intend", "expect", "estimate" and other similar expressions which constitute "forward-looking information" within the meaning of applicable Canadian securities laws.  These statements are based on our current expectations, estimates, forecasts and assumptions about the operating environment, economies and markets in which we operate and are subject to important assumptions, risks and uncertainties that are difficult to predict.  Examples of these statements would include those where Axia forecasts its success and timing in winning new NGN business, the timing of completion and estimated total costs of these networks, the revenues and operating costs associated with these networks over time, and Axia's ability to generate future cash flows and avail itself of other financing alternatives given current market conditions. The assumptions, risks and uncertainties that could cause actual results to differ materially from the forward-looking information, include, but are not limited to, changes in customer markets, changes in demand for our services, our inability to deliver services in a timely and cost efficient manner, technological change, general economic conditions and other risks detailed from time to time in our ongoing filings with the Canadian securities regulatory authorities, including those in our Annual Information Form, which filings can be found at www.sedar.com. Given these assumptions, risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements.  Unless otherwise required by applicable securities laws, we undertake no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise.

SOURCE Axia NetMedia Corporation

For further information:

Dawn Tinling
VP, Investor Relations and Communications
Axia NetMedia Corporation
(403) 538-4074
dawn.tinling@axia.com

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Axia NetMedia Corporation

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