QuStream Corporation

QuStream Corporation

March 28, 2006 16:21 ET

Broadcaster Expands with QuStream

TORONTO, ONTARIO--(CCNMatthews - March 28, 2006) - QuStream Corporation ("QuStream") (TSX VENTURE:QVC) announced today that it received a significant purchase order from a major US based broadcaster.

The broadcaster is in the process of building a new high definition digital facility and will be deploying PESA routing solutions, including the new DRS™ audio router as well as Fortel conversion products. The order is valued at over US$2.0 million. Additional details will be disclosed at a formal signing ceremony expected to take place in April.

"This expansion represents a significant order for QuStream," said Frederick L. Godard, Chairman, President and CEO. "This order is the largest order we have ever received and demonstrates the value of being able to provide more integrated solutions to our customers, as well as our progress in leveraging fixed facility broadcast markets."

Learn more about QuStream's complete line of products at www.pesa.com and www.forteldtv.com.

About QuStream

QuStream, through its wholly owned subsidiaries PESA and Fortel DTV™, is a global provider of integrated solutions to the creators and distributors of professional video content including the high-definition television and professional audio/video market segments. QuStream is headquartered in Toronto, Canada with offices in New York, Georgia, and Alabama. For more information, visit QuStream at www.qustream.com, www.pesa.com, and www.forteldtv.com.

All products mentioned herein are trademarked property of their respective owners.

Forward-Looking Statements

The statements made in this press release that are not historical facts contain forward-looking information that involves risk and uncertainties. All statements, other than statements of historical facts, which address QuStream's expectations, should be considered forward-looking statements. Such statements are based on management's exercise of business judgment as well as assumptions made by and information currently available to management. When used in this document, the words "may", "will", "anticipate", "believe", "estimate", "expect", "intend" and words of similar import, are intended to identify any forward-looking statements. You should not place undue reliance on these forward-looking statements. These statements reflect our current view of future events and are subject to certain risks and uncertainties as contained in the Company's filings with Canadian securities regulatory authorities. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, our actual results could differ materially from those anticipated in these forward-looking statements. We undertake no obligation, and do not intend, to update, revise or otherwise publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof, or to reflect the occurrence of any unanticipated events. Although we believe that our expectations are based on reasonable assumptions, we can give no assurance that our expectations will materialize.

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

Contact Information

  • QuStream Investor Contact:
    Paul Haber
    Chief Financial Officer
    +1 (416) 385-2323 x 201