/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES/
BAIE D'URFE, QC, May 13 /CNW Telbec/ - Prestige Telecom Inc. ("Prestige"
or "the Company") (TSX-V:PR), is pleased to announce that it has been awarded
from a major carrier a three year contract valued at approximately $9 million.
The engineering services performed by Prestige Telecom will cover the Nova
Scotia, New Brunswick, Prince Edward Island and Newfoundland-Labrador
Prestige Telecom proposed a comprehensive, end-to-end engineering
solution that included outside plant network design, records, creation;
project detailing, right of way and CAD drafting services. Prestige Telecom
was selected because of its confirmed expertise, proven track record and
extensive experience in providing outside plant engineering services across
"We are pleased with our client's decision to partner with Prestige
Telecom to meet their outsourcing requirements for engineering services" said
Pierre Yves Methot, Chief Executive Officer of Prestige Telecom. "Supporting a
major service provider in eastern Canada is a privilege and an exciting
opportunity" added Mr. Méthot.
In line with this contract award, Prestige Telecom has established
offices in the Maritimes and is currently working on recruiting approximately
over 30 employees to support this new business. Prestige has also appointed
Mr. Colin Bell as Director - Engineering, Eastern Canada. Mr. Bell who joined
Prestige Telecom in 2007 was President and General Manager of Keen
Communication Services Ltd. an engineering company acquired by Prestige
Telecom. Mr. Bell has recently relocated to Halifax, where his knowledge and
experience within the industry will allow him to work closely with
subcontractors to assure coverage across all four provinces"
About Prestige Telecom Inc.
Prestige Telecom is a leading provider of network engineering, materials
furnishing, installation and support services (commonly referred to as EF&I
services) required to construct, operate and maintain wireline, wireless and
cable television networks. Prestige Telecom assists telecommunications
original equipment manufacturers and service providers to engineer, install
and upgrade their infrastructures to support enhanced voice, high speed data
and video services. Prestige Telecom also provides technical and aerial
services to the Canadian communications and broadcast industries, including
tower supply, engineering, site construction, and infrastructure and equipment
In Canada, Prestige Telecom has over 750 professional and technical
personnel operating from fifteen service locations in 8 provinces. Prestige
Telecom's head office is located in Baie d'Urfé (Montreal), Quebec.
This press release contains certain forward-looking statements with
respect to the Company. Such forward-looking statements are dependent upon a
certain number of factors and are subject to risks and uncertainties.
Management does not assume any obligation to update or revise any
forward-looking statements, whether as a result of new information or future
events, except when required by the regulatory authorities.
Note to readers: Complete unaudited consolidated financial statements and
Management's Discussion & Analysis of Financial Position and Operating Results
were posted on SEDAR and are available at www.sedar.com.
The TSX Venture Exchange accepts no responsibility for the adequacy or
the accuracy of this press release.
For further information:
For further information: Pierre Yves Méthot, Chairman and Chief
Executive Officer, Prestige Telecom Inc., (514) 457-4488, Ext. 277,
firstname.lastname@example.org; www.Prestige-tel.com; Source: Prestige Telecom