Axia Announces National French Backbone Infrastructure Project



    CALGARY, Feb. 25 /CNW/ - Axia NetMedia Corporation ("Axia") announced
today that Covage, its French joint venture has approved a national fibre
backbone connectivity project.
    The project will utilize existing 1,800-kilometre dark fibre
infrastructure to create a ringed network from Arras in northern France to
Montpellier in the south of France. Upon completion, this project will connect
Covage's existing Délégations de Service Publique ("DSPs") to each other and
to the main Telecom interconnect point in Paris. Also, Covage's competitive
position with respect to new DSP prospects will be enhanced.
    Covage expects to enter into definitive agreements and complete the
project by mid-year calendar 2009. The project contemplates an innovative
commercial approach that involves a capital contribution by Axia of
$2.0 million and a fee structure that relates to the volume of customers
utilizing Covage's DSPs. Covage believes that the national network will create
an attractive value proposition for national operators and large corporate and
government customers.
    Jean-Michel Soulier, President, Axia Networks France commented, "Covage
is continuously looking for ways to improve our service offering to our
current and prospective customers. This will enable our customers to connect
directly to Paris that is the global gateway for France. As well, Covage will
be able to offer guaranteed levels of service differentiating ourselves in the
marketplace and allows us to attract and retain service providers. From an
operational perspective, we will control our backhaul to Paris while managing
our costs more efficiently. This is an exciting project which will add further
value to our service offering."

    Axia Investor Day Scheduled on February 26, 2008

    Axia will host an investor day for the investment community on
February 26, 2008 at 10:00 a.m. (Eastern) and 8:00 a.m. (Mountain). A copy of
the presentation will be posted to Axia's website and a live webcast of the
investor day presentation will be available at:

    http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=2165240.

    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=2165240.

    About Axia

    Axia provides Real Broadband(TM) IP services and solutions through
planning, designing and operating Open Access Next Generation Networks. Axia
trades on the Toronto Stock Exchange under the symbol "AXX". For more
information, visit its website at www.axia.com.

    Forward-looking Statements: Except for historical information, this news
release may contain 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, which reflect Axia's current
expectations and assumptions, and are subject to a number of risks and
uncertainties that could cause actual results to differ materially from those
anticipated. These forward-looking statements involve risks and uncertainties
including, but not limited to, changes in customer markets, changes in demand
for Axia's services, inability of Axia to deliver services in a timely and
cost-efficient manner, technological change, general economic conditions and
other risks detailed from time-to-time in Axia's ongoing filings with the
Canadian securities regulatory authorities which filings can be found at
www.sedar.com. Given these risks and uncertainties, readers are cautioned not
to place undue reliance on such forward-looking statements. Axia undertakes no
obligation to publicly update or revise any forward-looking statements either
as a result of new information, future events or otherwise.

    %SEDAR: 00002394E




For further information:

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

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