Barrett Xplore Inc. Purchases Assets of Everus Communications

Acquisition Increases Barrett's Fixed Wireless Coverage in Southwestern Ontario

MARKHAM, ON, March 4 /CNW/ - Barrett Xplore Inc. (BXI) is pleased to announce that it has added thousands of Everus Communications' subscribers to its growing base of Xplornet broadband customers. This acquisition was part of a court ordered and managed receivership process and includes the purchase of customer contracts, fixed wireless towers and network infrastructure and other assets.

"We are delighted to welcome the Everus customers into the Barrett Xplore family," said John Maduri, CEO at Barrett Xplore. "This acquisition substantially increases Barrett Xplore's fixed wireless footprint in Southwestern Ontario and continues the company's mission to provide broadband Internet access and applications to every rural Canadian."

Everus Communications supplied wireless Internet services, IP telephony, private network solutions over fixed wireless and Digital Subscriber Line (DSL) service over copper phone lines. The Everus network covers all or part of 11 counties in Southwestern Ontario including Grey, Wellington, Dufferin, Waterloo, Bruce, Huron, and Perth.

Over the next 90 days, Barrett Xplore Inc. will be working diligently to ensure a seamless integration of all operational functions, minimizing impact to its new customers, with the goal of enhancing their broadband experience. During the transition, it will be business as usual for Everus customers while BXI continues to operate the Everus brand. Customer contact information, service packages, pricing, and billing practices will remain unchanged. Barrett Xplore will keep Everus customers apprised of any updates.

About Barrett Xplore Inc.

Headquartered in Woodstock, New Brunswick, Barrett Xplore Inc. operates Xplornet Internet Services, Canada's largest rural broadband provider, with customers and dealers in every province and territory. Barrett Xplore aims to bridge the urban/rural digital divide by ensuring that every Canadian, regardless of where they live, has access to broadband, thereby enabling them to compete effectively in the global economy and gain access to essential government and educational services. For additional information, please visit www.xplornet.com.

SOURCE BARRETT XPLORE INC.

For further information: For further information: Allison Lenehan, Barrett Xplore Inc., (905) 944-7956, allisonl@barrettxplore.com

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BARRETT XPLORE INC.

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