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Radiant Partners with MTS Allstream to Expand Service Offering to Canadian Businesses |
September 20, 2006
September 20, 2006 (Vancouver, BC) – Radiant Communications Corp. ("Radiant") (TSX Venture Exchange: RCN), a Canadian provider of Business Internet services, announced today that it has entered into an agreement with MTS Allstream Inc. (“MTS Allstream”), one of Canada’s leading national communication solutions providers, to extend Radiant's reach and broadband offering to the Canadian business market.
Under the terms of the agreement, Radiant will utilize MTS Allstream’s national network to offer T1 and Ethernet-based broadband enhanced connectivity services in more cities throughout Canada. These enhanced connectivity services deliver more upstream bandwidth than traditional ADSL connections, enabling companies to better manage mission critical databases, large file transfers, secure financial transactions and other complex IP applications.
"Through our partnership with MTS Allstream, Radiant is now even better positioned to serve multi-location businesses with this expanded offering of high throughput services that are frequently required at head office sites and in large branches,” said David Buffett, President and CEO of Radiant. “In addition, Radiant can now offer our customers a broadband solution in areas where DSL is simply not available.”
“Both our companies share a commitment to providing quality products and leading communications solutions to our customers, and we are very pleased that this partnership will enable Radiant to expand its range of services and continue to grow its business,” said John MacDonald, President, Enterprise Solutions, MTS Allstream. “In addition, our partnership with Radiant further strengthens MTS Allstream’s position as a leading national IP communications provider.”
For more information on Radiant’s expanded broadband service offering, contact Radiant at www.radiant.net.
ABOUT RADIANT COMMUNICATIONS Radiant Communications Corp. (www.radiant.net) provides a total, integrated solution for businesses requiring national IP data communications services including, broadband and managed network services, Internet access and web hosting.
The Company offers a complete range of coast-to-coast broadband services including DSL, T1, Fibre, and Cable. Radiant also provides specialized IP services for the Canadian retail industry, namely, RetailCONNECT IP network services and TurboSwitch IP payment gateway services. Radiant has offices in Toronto, Montreal, Calgary, Edmonton and Vancouver.
ABOUT MTS ALLSTREAM MTS Allstream is one of Canada’s leading national communication solutions providers, delivering innovative products and services through its Consumer Markets and Enterprise Solutions divisions. Our Consumer Markets division serves residential and business customers in Manitoba with a full suite of wireline voice, high-speed Internet and data, next generation wireless, directory, digital television, security and alarm monitoring services. Our Enterprise Solutions division provides national business customers with a world-class portfolio of IP-based connectivity, managed network services, and professional services. MTS Allstream's extensive national broadband fibre optic network spans more than 24,300 kilometres, and provides international connections through strategic partnerships and interconnection agreements with other international service providers. MTS Allstream is a subsidiary of Manitoba Telecom Services Inc. whose common shares are listed on the Toronto Stock Exchange (trading symbol: MBT). For more information, please visit: www.mtsallstream.com.
For More Information:
Radiant Investors & Media: Chuck Leighton, CFO, 604-692-4531, cleighton@radiant.net
MTS Allstream Media: Courtney Reistetter, 416-345-3427, courtney.reistetter@mtsallstream.com
This press release may contain forward-looking statements, including statements regarding the business and anticipated financial performance of Radiant, which involve risks and uncertainties. These risks and uncertainties may cause Radiant's actual results to differ materially from those contemplated by the forward-looking statements. Factors that might cause or contribute to such differences include, among others, competitive pressures, the growth rate of the Internet and telecommunications concerns, constantly changing technology and market acceptance of the company's products and services. Investors are also directed to consider the other risks and uncertainties discussed in Radiant's required financial statements and filings. All other companies and products listed herein may be trademarks or registered trademarks of their respective holders.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
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