Buzz Telecommunications Services Inc. announces performance escrow shares release


    MONTREAL, May 19 /CNW Telbec/ - Buzz Telecom Inc., a wholly-owned
subsidiary of Buzz Telecommunications Services ("Buzz")(TSX V-BZZ) announced
today that on March 30, 2009, the independent board directors of Buzz
Telecommunications Services Inc. (the "Corporation"), as a result of the
extraordinary efforts made by the Shareholders to improve the business of the
Corporation despite the very difficult current economic conditions, granted a
waiver and release from the Performance Escrow Agreement of the 6,300,000
performance shares held in escrow in respect of, amongst others, the three
indirect controlling shareholders of the Corporation, Michel Bensoussan, Rafi
Hazan and Elie Hazan (collectively, the "Shareholders").
    For more information, please consult the related material change report
filed with applicable securities regulatory authorities and available on


    Buzz Telecommunications Services through its subsidiaries Buzz Telecom
and Triple 5 communications is a CRTC licensed and software development
company specializing in dial around long distance products and services.
Clients can effectively dial around their existing carriers by dialing
10-11-555 or 10-11-289, and the desired telephone number and the charges
appear directly on the client's regular telephone bill. Buzz presently offers
its services in Quebec and Ontario to Bell, Rogers, Videotron and to Fido
clients. Buzz continues to develop long distance products for its clients in
an effort to provide the long distance services as competitively priced as
reasonably possible.

    The TSX Venture Exchange has not reviewed this release and does not
    accept responsibility for the adequacy or accuracy of this press release.

For further information:

For further information: Rafi Hazan, CEO & President, (514) 788-1499 x

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Buzz Telecommunications Services Inc.

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