Axia NetMedia Corporation Releases 2007 Progress Report



    CALGARY, Sept. 24 /CNW/ - Axia NetMedia Corporation ("Axia") announced
today that its 2007 Progress Report, Management's Discussion and Analysis,
Financial Statements and Notes, and Management Information Circular - Proxy
Statement have been mailed to shareholders. The documents are also available
in PDF format on Axia's website at
http://axia.com/investors/financial_reports.htm and SEDAR at www.sedar.com.
    Axia filed its Annual Information Form on SEDAR on Wednesday, September
19, 2007 and a copy has been posted to its website.
    Individuals who are not on Axia's current mailing list and who wish to be
included should send an email with their mailing address to Computershare
Trust Company of Canada at www.computershare.com.
    Axia's Annual and Special Meeting of Shareholders will be held on
Thursday, November 1, 2007, at 3:00 p.m. at The Calgary Chamber of Commerce,
100 6th Avenue S.W., Calgary.

    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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