MONTREAL, Sept. 23, 2011 /CNW Telbec/ - Prestige Telecom Inc.
("Prestige" or the "Company") (TSXV: PR), a leader in providing
engineering, materials furnishing, installation and support services
(commonly referred to as EF&I services), as well as technical and
aerial services to the Canadian communications and broadcast industries
announces today that it has filed with the Quebec Superior Court an
application for an order extending the time for calling its annual
general meeting of shareholders. Prestige is required to call its
annual general meeting by September 30, 2011 although corporate laws
governing Prestige provide for the ability to apply for an extension of
this deadline. The calling of a meeting at this point in time would not
constitute the best use of the Company's management time and financial
resources as it works towards furthering its strategic review process.
A copy of the application will be filed on SEDAR and will therefore be
available to the public by accessing the Company's profile at www.sedar.com. The Company will advise as to the outcome of the application in due
About Prestige Telecom
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 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 has over 1,000 professional and technical personnel
operating from nineteen (19) service locations in nine (9) provinces.
Prestige's head office is located in Baie-D'Urfé (Montréal), Québec.
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
The TSX Venture Exchange has not reviewed the contents of this press
release and accepts no responsibility for the adequacy or the accuracy
SOURCE PRESTIGE TELECOM INC.
For further information:
Prestige Telecom Inc.
Tel.: (514) 457-4488, ext. 273