Axia NetMedia Corporation: Webcast of 2007 Annual and Special Meeting

    CALGARY, Oct. 29 /CNW/ - Axia NetMedia Corporation's ("Axia") 2007 Annual
and Special Meeting of Shareholders will be held on Thursday, November 1, 2007
at 3 p.m. (Mountain) in the Enmax Ballroom, Calgary Chamber of Commerce,
100 6th Avenue S.W., Calgary, Alberta. It will be webcast via CNW Group.

    The live webcast will begin at 3 p.m. (Mountain) and 5 p.m. (Eastern) on
Thursday, November 1, 2007 at:
    Click on the "listen to webcast" icon on the screen.

    A replay will be available via Axia's website or at:

    Axia provides Real Broadband(TM) IP Services and solutions through
planning, designing and operating Open Access Next Generation Networks. Axia
trades on the Toronto Stock Exchange under the symbol "AXX". For more
information, visit its website at

    Forward-looking Statements: Except for historical information, this news
release may contain forward-looking statements, including, without limitation,
statements containing the words "should", "believe", "anticipate", "may",
"plan", "will", "continue", "intend", "expect", "estimate" and other similar
expressions which constitute "forward-looking information" within the meaning
of applicable Canadian securities laws, which reflect Axia's current
expectations and assumptions, and are subject to a number of risks and
uncertainties that could cause actual results to differ materially from those
anticipated. These forward-looking statements involve risks and uncertainties
including, but not limited to, changes in customer markets, changes in demand
for Axia's services, inability of Axia to deliver services in a timely and
cost-efficient manner, technological change, general economic conditions and
other risks detailed from time-to-time in Axia's ongoing filings with the
Canadian securities regulatory authorities which filings can be found at Given these risks and uncertainties, readers are cautioned not
to place undue reliance on such forward-looking statements. Axia undertakes no
obligation to publicly update or revise any forward-looking statements either
as a result of new information, future events or otherwise.

    %SEDAR: 00002394E

For further information:

For further information: Dawn Tinling, VP, Investor Relations and
Communications, Axia NetMedia Corporation, (403) 538-4074,

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