Peterborough's YLM Forms Joint Venture with Cairo-based Company



    PETERBOROUGH, ON, Oct. 4 /CNW/ - Kevin Breese, CEO and Co-founder of YLM
(www.ylm.ca), a division of the Breken Group is pleased to announce the
formation of an international joint venture with Cairo-based Orascom Telecom
(www.otelecom.com). The joint venture company will utilize YLM-patented
technology and expertise to establish local online business directories to
operate alongside the various Orascom Telecom owned mobility companies
throughout the Middle East, Africa and South Asia.
    Mr. Naguib Sawiris, Chairman & CEO of Orascom Telecom Holdings (OTH),
commented, "We are pleased to partner with YLM, based on their superior
products, services and expertise in the Online Business Directory field.
Furthermore, they share our culture for innovation, rapid growth and
delivering substantial value to customers and shareholders. Through these new
online business directory services, Orascom Telecom will also enable the
business communities and economic developers, in the countries we serve, to
generate increased growth and prosperity."
    YLM will provide start-up services to build the initial directories and
supervise the launch in the various Orascom Telecom markets - these contracts
are valued at over $2M US over the next 12 - 18 months. This agreement will
also provide YLM with Ongoing Annual License Fees and Support Contracts -
valued at over $1M US per year over the next 5 years (minimum). Finally, YLM
and Orascom Telecom, through the joint venture company, Orascom Directory
Services Ltd. (ODSL), will also share in the revenues from each of the country
directory operations - conservatively estimated to exceed $5M per year in the
next three years.
    Mr. Michael O'Connor, Investment & Business Development Officer for
Orascom Telecom commented, "In addition to YLM's flexibility on the joint
venture, the YLM Online Business Directory provides a number of clear
competitive advantages, such as multi-directory synchronization, allowing
users to perform full text and graphics data updates to their listings with
appropriate security, and comprehensive "back office" analytical, reporting
and communications tools for directory operators and partners. We look forward
to a prosperous long term relationship with YLM".

    About Orascom Telecom Holding:

    Orascom Telecom is a leading international telecommunications company
operating GSM networks in seven high growth markets in the Middle East, Africa
and South Asia, having a total population under license of approximately
460 million with an average mobile telephony penetration of approximately 33%
as at 30th June 2007. Orascom Telecom operates GSM networks in Algeria
("OTA"), Pakistan ("Mobilink"), Egypt ("Mobinil"), Tunisia ("Tunisiana"), Iraq
("Iraqna"), Bangladesh ("Banglalink"), and Zimbabwe ("Telecel Zimbabwe").
Orascom Telecom had over 61 million subscribers as at June 2007. Orascom
Telecom owns 19.3% of Hutchison Telecommunications International Limited, a
leading telecommunication services provider operating in seven countries.
Orascom Telecom is traded on the Cairo & Alexandria Stock Exchange under the
symbol (ORTE.CA, ORAT EY), and on the London Stock Exchange its GDR is traded
under the symbol (ORTEq.L, OTLD LI).

    About Breken / YLM:

    YLM(TM) (Your Local Marketplace), a division of The Breken Group (based
in Peterborough, Ontario, Canada), is an Internet web services company that
specializes in providing leading edge online public business directory
services for public access, and economic development tools for key sponsoring
partners. The company's enhanced listing and web services products enable all
businesses in a community to create a compelling yet easy to manage web
presence that can be found through multiple YLM directories within the
community. In turn, consumers and other members of the community use the
online directories to perform true local searches for products, services,
events and other information. These community directories are accessed through
key community sponsors such as Local Governments, Chambers of Commerce,
Tourism Boards, other Associations, the major "Search Engines" and YLM Portal
sites. YLM's products and services are currently used by over 100 communities
in Canada (collectively listing over 300,000 businesses) and a growing number
of organizations worldwide.

    This press release contains statements that could be construed as forward
looking. These statements appear in a number of places in this presentation
and include statements regarding the intent, belief or current expectations of
our customer base, estimates regarding future growth in the different business
lines and the global business, marketshare, financial results and other
aspects of the activity and situation relating to the company. Such forward
looking statements are no guarantees of future performance and involve risks
and uncertainties, and actual results may differ materially from those in the
forward looking statements as a result of various factors. You are cautioned
not to place undue reliance on those forward looking statements, which speak
only as of the date of this information, which is not intended to reflect The
Breken Group / YLM's business strategy or the occurrence of unanticipated
events.




For further information:

For further information: Robert Jones, VP Marketing, YLM, at
rjones@ylm.ca or (705) 741-5867 Extension 525

Organization Profile

YLM A DIVISION OF BREKEN GROUP

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