EastLink secures 2007 designation as one of 50 Best Managed Companies

    HALIFAX, Feb. 13 /CNW/ - EastLink announced today that it has requalified
for 2007 to maintain its status as a Best Managed company. EastLink first won
the Canada's 50 Best Managed Companies designation in 2006. This prestigious
national award is sponsored by Deloitte, CIBC Commercial Banking, National
Post, and Queen's School of Business.
    "Over the past 15 years, Canada's 50 Best Managed Companies program has
recognized the most innovative and Best Managed Companies in Canada. We are
delighted to celebrate the accomplishments of EastLink," said John Hughes,
Deloitte partner and national leader of the Best Managed program.
    Established in 1993, the Canada's 50 Best Managed Companies is a national
awards program, recognizing Canadian companies that have implemented
world-class business practices and created value in innovative ways.
Applications are reviewed by an independent judging panel that evaluates how
companies address various business challenges, including new technologies,
globalization, brand management, leadership, leveraging and developing core
competencies, designing information systems, and hiring the right talent to
facilitate growth.
    "We thank our employees for their creativity, dedication and
professionalism which has earned EastLink the Best Managed designation again
in 2007," said Lee Bragg, co-CEO of EastLink. "We have experienced tremendous
growth in the past year and our employees' achievements are the reason we
continue to be a leading telecommunications and entertainment provider."
    For over 35 years, EastLink has connected Maritimers to a world of
entertainment. In 1999, the company diversified its business to become the
first cable company in Canada to enter the local telephone market. This
achievement created one of the most competitive telephone area codes in North
America. While continuing to build on its core entertainment business,
EastLink delivers world class communication services to residential and
business customers in easy to understand bundles that provide great value.
    "It takes a company focused on values, a strong business plan and, most
of all, hard work to succeed in today's market place," said Calvin Younger,
senior vice-president, CIBC Commercial Banking. "Companies winning this year's
Canada's 50 Best Managed Companies award exemplify these traits."
    2007 winners of the Canada's 50 Best Managed Companies award, along with
Requalified and Platinum Club members will be honoured at the annual Best
Managed gala in Toronto on 25 February, 2008. On the same date, the Best
Managed symposium will address leading-edge business issues that are key to
the success of today's business leaders.

    About EastLink

    Operating from its headquarters in Halifax, Nova Scotia, EastLink is the
fifth largest cable company in Canada and was the first to offer customers
local telephone service over a state-of-the-art digital network. EastLink is
one of Canada's 50 Best Managed Companies with more than 750 employees who
provide a range of communications, entertainment & advertising services to
business and residential customers across the Maritimes. For more information
on EastLink and its products and services, www.eastlink.ca.

    About Canada's Best Managed Companies

    Celebrating its 15th anniversary, Canada's 50 Best Managed Companies
continues to be the mark of excellence for Canadian-owned and managed
companies with revenues over $10 million. Every year since the launch of the
program in 1993, hundreds of entrepreneurial companies have competed for this
designation in a rigorous and independent process that evaluates their
management skills and practices. The awards are granted on three levels:
1) Best Managed winner (one of the 50 new winners selected each year);
2) Requalified member (repeat winners retain the Best Managed designation for
two additional years, subject to annual operational and financial review);
3) Platinum Club member (winners that maintain Best Managed status for a
minimum of six consecutive years.) Program sponsors are Deloitte, CIBC
Commercial Banking, National Post, and Queen's School of Business. For further
information, visit www.canadas50best.com.

For further information:

For further information: Paula Sibley, EastLink, (902) 446-1939,
paula.sibley@corp.eastlink.ca, www.eastlink.ca; Fabrice De Dongo, Deloitte,
(416) 874-3249, fdedongo@deloitte.ca, www.canadas50best.com

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