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Wednesday, February 16, 2005

Company News — Mediatrix Telecom Inc.
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Next-Gen Service Provider Elitel Selects Mediatrix to Deploy VOIP Services in Italy

NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: MEDIATRIX TELECOM, INC.

FEBRUARY 16, 2005 - 10:57 ET


MONTREAL, QUEBEC and MILAN, ITALY--(CCNMatthews - Feb. 16, 2005) -

Mediatrix consolidates its market share in Italy while allowing Elitel
to drive VOIP introduction in Italian homes and businesses

Mediatrix Telecom, Inc., a leader in Voice over Internet Protocol (VoIP)
access technology and Elitel, one of Italy's largest CLEC, specialized
in voice, Internet and data solutions, today announced that Elitel
selected Mediatrix to help them expand Elitel Futura's broadband
telephone service into the residential and SOHO markets and increase
VOIP adoption by large businesses.

Elitel will be integrating Mediatrix VoIP Residential 2102 access device
into its solutions allowing its residential subscribers to benefit from
both broadband capabilities and VoIP technology while using their
regular analog phones.

The Mediatrix gateways integrated into Elitel Futura Light residential
package will enable users to simultaneously place phone calls, send and
receive faxes, and surf the web while using one single broadband
connection. In addition, the Mediatrix residential gateway is very easy
to install, auto-configurable and auto-upgradeable.

In addition, Elitel will be introducing in 2005 Mediatrix IDSN digital
gateways for the enterprise market to connect traditional PBX to the IP
network. This way, large companies can benefit from a smooth migration
path to IP without having to discard their existing equipment while
achieving substantial savings. Elitel Futura's highly flexible solutions
allow its multi-site enterprise customers to benefit from a modular
approach to Internet telephony, and move to hybrid systems by
progressively replacing their existing phone systems.

"This strategic partnership with Elitel underlines our continuous
commitment to further penetrating the European residential VoIP
marketplace", reported Mr. Stefano Genoni, Vice-president, Business
Development for Europe, Middle East and Africa, with Mediatrix. "By
joining our forces with Elitel, a leading service provider in Italy, we
continue to gain market momentum with our residential VoIP offering. Our
plug & play residential solution is an ideal fit for Elitel's Futura
residential service as it allows Elitel to offer its local end-users an
attractive VoIP package."

"Elitel has chosen Mediatrix for its proven capabilities in terms of
technological reliability, as well as for its comprehensive product
portfolio", said Claudio Adriani, Director of Operations with Elitel.
"As an example, the Mediatrix 2102 can be used with almost any analog
telephone, including wireless and fax, a versatility that differentiated
Mediatrix from other competitors' products. In addition, with Mediatrix,
Elitel can rely on devices that are easy to configure, not to mention
Mediatrix excellent customer service and responsiveness in meeting
Elitel's requirements" he added.

About Mediatrix Products

The Mediatrix product line is developed for telecom equipment vendors
building next-generation VoIP network solutions as well as service
providers (ILEC, CLEC, MSO, ASP, ISP) and enterprises deploying VoIP
solutions. Mediatrix access devices and gateways are standard-based and
designed to meet carrier-grade requirements. The products are
feature-rich with security and QoS capabilities and interoperate with
H.323, SIP, MGCP and NCS protocols and also interface with proprietary
features of its strategic partners' communication management systems
including softswitches, gatekeepers, proxy servers and call agents.

About Mediatrix Telecom, Inc.

Mediatrix develops and markets advanced VoIP access devices, gateways,
routers and value-added software enhancements for the enterprise, SOHO,
and residential markets. Its products provide an ideal migration path
for end users wishing to protect their current CPE investment
(analog/digital phones, fax machines, PBX and Key Systems) while
migrating to a converged IP network. Mediatrix products and solutions
are widely interoperable and have received commercial endorsement from
some of the world's leading manufacturers of telecommunications
equipment as well as from large telecommunication carriers. Mediatrix is
a wholly owned entity of Media5 Corporation, a high technology holding
company based in in Sherbrooke, Canada. Media5 Corporation also owns
M5T, a software provider focused on delivering the latest in SIP
software technologies and security solutions to companies developing
applications for real-time multimedia communications over IP. Media5
Corp. also owns Mediatrix Americas, a US-based subsidiary that offers a
complete set of consulting and professional services through its Global
Services Division. Mediatrix has corporate offices in Montreal, Canada
and several regional offices in the United States, Europe, Latin America
and Asia. For more information, please visit www.mediatrix.com.

About Elitel

Elitel is a telecommunications operator specialized in voice, Internet
and data solutions that has consolidated within a single organization
the experience and client base of the most dynamic regional companies
and some ISP (Internet Service Providers). Elitel offers a complete,
integrated array of telecommunications Solutions and Services: from the
integration of voice to Internet, to the more sophisticated broadband
solutions; from the private virtual networks to the WI-FI, to a vast
array of multimedia solutions. Elserino Piol and Luigi Bocchino are the
President and CEO, respectively. The partnership involves Kiwi II and
Kiwi.Com Servicos de Consultoria S.A. holding, based in Madeira,
Portugal, whose shareholders include investors and companies at top
national and international levels.

For more information on Elitel S.p.A. (Elitel Corp), please visit
www.elitel.biz.

This press release may contain forward-looking statements that are
subject to risks and uncertainties. Factors that could cause actual
results to differ materially from these forward-looking statements
include, but are not limited to, general business conditions in the
industry, changes in demand for products, the timing and cancellation of
orders and other risks.

-30-

FOR FURTHER INFORMATION PLEASE CONTACT:

Mediatrix Telecom, Inc.

Souad Gara

Marketing Communications Manager

+1 (514) 285-0058 - Ext. 424

sgara@mediatrix.com

or

Mediatrix Telecom Europe Srl,

Stefano Genoni

VP, Business Development

+39-02-84742281

+39-02-84742212 (FAX)

sgenoni@mediatrix.com

or

ElitelElitel Communications and Media Relations

Maria Cristina Bianchi

+39-02-441041 - 3351278200

mc.bianchi@elitel.it

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