Momentum Advanced Solutions Inc.
TSX : WWW

Momentum Advanced Solutions Inc.

September 14, 2007 08:00 ET

Momentum Announces Normal Course Issuer Bid

TORONTO, ONTARIO--(Marketwire - Sept. 14, 2007) - Momentum Advanced Solutions Inc. (TSX:WWW), ("Momentum") a leader in the emerging world of Internet outsourcing and a major provider of outsourcing services, announced today that it has received TSX approval to commence a Normal Course Issuer Bid to purchase up to 2,500,000 common shares representing approximately 3.8% of its 65,625,077 issued and outstanding common shares or approximately 8.6% of the public float.

Momentum is undertaking this action as it fundamentally believes that its common shares have been trading at prices which do not adequately reflect their value in relation to its restructured business and future prospects.

The Normal Course Issuer Bid will commence on September 17, 2007 and terminate on September 16, 2008 unless terminated earlier by the Company. Momentum may purchase up to 9,966 common shares each trading day representing 25% of the average daily trading volume of Momentum's common shares over the most recently completed six calendar months. Purchases will be made on the open market by Momentum through the facilities of the TSX in accordance with the rules and policies of the TSX. The price that Momentum will pay for any such shares will be the market price of such shares on the TSX at the time of acquisition. Common shares purchased under the bid will be cancelled. PI Financial Corp will conduct the bid on behalf of the Company.

About Momentum:

Momentum is a leader in the emerging world of Internet outsourcing. Its Internet outsourcing solutions provide customers with innovation and the integration and operations expertise required to reduce costs successfully and/or improve productivity by outsourcing mission critical web-based applications and managed Internet infrastructure to Momentum. Headquartered in Markham, Ontario, Momentum has facilities in Cambridge, Ottawa, Windsor, and Toronto. Momentum Advanced Solutions is publicly traded on the Toronto Stock Exchange and trades under the symbol WWW.

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