Axia Begins Negotiations with Government of Newfoundland and Labrador to Deliver its Broadband Network



    CALGARY, Aug. 7 /CNW/ - Axia NetMedia Corporation ("Axia") today
announced that it will begin negotiations with the Provincial Government of
Newfoundland and Labrador (the "Provincial Government") and EastLink
Communications ("EastLink") to build and manage distinct aspects of its
Government Broadband Initiative ("GBI"). Negotiations will be conducted over
the coming months and construction is anticipated to begin in April 2010.
    Art Price, Chairman and CEO commented, "We are impressed with the
foresight and vision of the Provincial Government in recognizing the
importance of broadband as critical infrastructure. As much as railways and
roads were critical in the previous century, broadband is widely recognized as
the foundation for high-performing economies in this century. Once this
project is completed, the Province of Newfoundland and Labrador will have a
foundation for future economic development and establish the Province as a
leader in the global Knowledge Economy."
    When completed, the GBI will connect more than 1,000 government
facilities that include healthcare institutions, libraries, schools, and other
offices in communities spanning all regions of the province. It will also
enhance the ability of Retail Service Providers to offer similar services to
local residential and business customers.
    Murray Sigler, President Axia Canada added, "Building on our success in
Alberta, France and Singapore, we are pleased to have been selected to
negotiate with the Provincial Government and EastLink. As we move through the
negotiation process, we believe that Axia's unique Open Access Next Generation
model will demonstrate Axia's ability to add value to the Provincial
Government and meet Newfoundland and Labrador policy goals."

    Axia provides Real Broadband(TM) IP services and solutions through
planning, designing and operating no conflict Open Access Next Generation
Networks. Axia has networks in Alberta, France and Singapore. 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 OAN NextGen contracts, 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.

    %SEDAR: 00002394E




For further information:

For further information: please visit Axia's website at www.axia.com, or
contact: Dawn Tinling, VP, Investor Relations and Communications, Axia
NetMedia Corporation, (403) 538-4074, dawn.tinling@axia.com

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