Momentum Advanced Solutions Inc.

Momentum Advanced Solutions Inc.

December 06, 2006 16:22 ET

Momentum Begins Trading Under New Symbol

TORONTO, ONTARIO--(CCNMatthews - Dec. 6, 2006) - Momentum Advanced Solutions Inc. (TSX:WWW), "Momentum", a leader in the emerging world of Internet outsourcing, announced that effective as of the opening of markets today, it is no longer trading on the TSX under ticker symbol ON and is now trading under its new name and stock symbol - TSX:WWW.

"Today marks a milestone in the continuation of our journey from a broad based IT services organization to one focused exclusively on the emerging world of Internet outsourcing", stated Sheldon Pollack, CEO of Momentum. "Internet outsourcing is defined as the unification of Internet strategy, Internet application development and managed Internet infrastructure. We believe the combination of these three elements allows our customers to truly enjoy the benefits of a single point of accountability in the design and management of any or all of their web-based properties and infrastructure." Momentum currently provides Internet outsourcing services to many leading organizations in Canada.

Forward Looking Statement

Investors should take note that certain statements in this press release are forward-looking and may not give full weight to all of the potential risks and uncertainties. These forward-looking statements include statements that are subject to risks and uncertainties. Forward-looking statements are subject by their nature to risks and uncertainties, and actual results, actions or events could differ materially from those set forth in the forward-looking statements. Any forward-looking statements speak only as of the date made. The company is not undertaking to update any information in the foregoing reports until the effective date of its future reports required by the securities laws.

About Momentum Advanced Solutions Inc.

Momentum is a leader in the emerging world of Internet outsourcing. Momentum's Internet outsourcing solutions provide our customers with the Innovation, Integration and Operations expertise required to allow them to successfully reduce costs and/or improve productivity by outsourcing to us any or all of their mission critical web-based applications and Managed Internet infrastructure. Headquartered in Markham, Ontario the Company has offices in 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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