Nicer Canada Corp. retains CHF Investor Relations



    VANCOUVER, Oct. 30 /CNW/ - Nicer Canada Corp. ("Nicer", "the Company")
(TSXV: NC) is pleased to announce that it has signed an investor relations
agreement with CHF Investor Relations ("CHF"), Canada's longest established
investor relations firm.
    Effective immediately, CHF will provide comprehensive investor relations
and market-making services to Nicer Canada for an initial period of twelve
months ending October 31, 2008. Thereafter, cancellation by either party
requires three months' notice. CHF will be paid a monthly fee of $7,500 plus
allowable disbursements. Additionally, subject to regulatory approval, CHF
will be granted incentive stock options to be vested quarterly over a
twelve-month period to purchase up to 210,000 common shares at the price of
$0.35 per share and an additional 210,000 shares at the price of $0.45 per
share, valid for a period of five years (subject to earlier termination if the
agreement is not extended after the initial term).
    CHF's niche role is acting as a public company's outsourced, low-cost
equivalent to an internal investor relations department. With Canadian offices
in Toronto, Calgary and another in Sco Paulo, Brazil, CHF serves an
international portfolio of TSX/Venture-listed, and companies seeking to list
on the TSX, that operate in a broad range of industries, including high-tech
and industrial solutions, mining exploration and producers, oil and gas and
telecommunications.
    "CHF has an industry-leading track record in supporting companies' share
value growth," said Nicer Canada CEO Paul Chen. "We are very pleased to have
CHF providing the investor relations services we need to communicate
effectively with our existing shareholders and to an expanding audience of
investors."

    About Nicer Canada

    Nicer Canada Corp. researches and develops a wide range of Internet
Protocol (IP) networks, applications and services for large and small
companies and telecommunications carriers. Since the Company's founding in
1994, Nicer Canada has developed industry-leading expertise in delivering
wired and wireless IP voice, data, video and IPTV solutions, to customers
worldwide. Headquartered in Burnaby, British Columbia, Canada, Nicer Canada
Corp. became a publicly-traded company in 2003, currently listed on the TSX
Venture Exchange under the symbol "NC". www.nicertech.com

    To be added to the Company's private email list for news, please send a
message to chris@chfir.com and mention "Nicer Canada"

    FORWARD LOOKING STATEMENTS This news release may include "forward-looking
statements" regarding Nicer Canada Corp. and its subsidiaries, business and
project plans. Such forward looking statements are within the meaning of
Section 27A of the Securities Act of 1933, as amended, and section 21E of the
United States Securities and Exchange Act of 1934, as amended, and are
intended to be covered by the safe harbor created by such sections. Where
Nicer Canada Corp. expresses or implies an expectation or belief as to future
events or results, such expectation or belief is believed to have a reasonable
basis. However, forward-looking statements are subject to risks, uncertainties
and other factors, which could cause actual results to differ materially from
future results expressed, projected or implied by such forward-looking
statements. Nicer Canada Corp. does not undertake any obligation to update any
forward-looking statement, except as required under applicable law.

    %SEDAR: 00016922E




For further information:

For further information: Nicer Canada Corp., Investor Relations, Anne H.
Chen, COO, Email: anne@nicertech.com; CHF Investor Relations, Tel: (416)
868-1079, www.chfir.com; Barry Leung, Broker Relations Account Manager, Ext.
247, Email: barry@chfir.com; Christopher Haldane, Associate Account Manager,
Ext. 237, Email: chris@chfir.com

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NICER CANADA CORP.

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