PEER 1 to Host Fiscal 2010 First Quarter Conference Call for Securities
Analysts on Thursday, November 12th, 2009

VANCOUVER, Nov. 5 /CNW/ - PEER 1 Network Enterprises, Inc. (TSX: PIX), a leading provider of online IT hosting, announced today that it will host its fiscal 2010 first quarter conference call on Thursday, November 12th, 2009 at 5:30 p.m. Eastern Time (ET). Prior to the conference call PEER 1 will release its financial results over the newswire at 4:00 p.m. ET at which time the Financial Statements and Management's Discussion and Analysis will also be posted to www.peer1.com/investors.

President and CEO Fabio Banducci and Executive Vice President and CFO Gary Sherlock will discuss PEER 1's financial results for the quarter and then take questions from securities analysts.

To access the conference call by telephone, dial (416) 644-3431 or 1-800-733-7560. Please connect approximately 15 minutes prior to the beginning of the call. The conference call will be archived for replay until Thursday, November 19th, at midnight. To access the archived conference call, dial (416) 640-1917 or 1-877-289-8525 and enter the reservation number: 4181713 followed by the number sign.

A live audio webcast of the conference call will be available at: http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=2883100

Please connect at least 15 minutes prior to the conference call to ensure adequate time for any software download that may be required to join the webcast. The webcast will be archived at the above website for 90 days.

About PEER 1

PEER 1 believes in the limitless opportunity of the Internet, and the business growth potential it provides for its more than 10,000 customers. As a leading online IT hosting provider, PEER 1 offers a reliable high performance Internet network supporting scalable managed hosting, dedicated hosting through the ServerBeach brand, and co-location solutions. Backed by its 100 percent uptime guarantee and 24x7x365 FirstCall Support(TM), PEER 1 ensures customers' online presence is always fast, always available. Since 1999, PEER 1 has grown to include 16 state-of-the-art data centers in North America and points-of-presence in Europe. The company's headquarters are in Vancouver, Canada and the stock is traded on the TSX under the symbol PIX. For more information visit: www.peer1.com.

SOURCE PEER 1 Network Enterprises, Inc.

For further information: For further information: For media inquiries please contact Marcela Peake at PEER 1, (604) 909-6428, mpeake@peer1.com; For European media inquiries please contact Champion Communications, +44 20 7268 3436, peer1@championcomms.com; For investor inquiries please contact David Feick, Equicom Group, (403) 218-2839, dfeick@equicomgroup.com

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PEER 1 Network Enterprises, Inc.

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