QuStream Corporation ("QuStream" or the "Company") (TSX VENTURE:QVC), a provider
of broadcast, Pro A/V and multimedia solutions, announces that it is applying to
voluntarily delist its common shares from the TSX Venture Exchange (the
"Exchange") pursuant to Policy 2.9 of the Corporate Finance Manual of the
Exchange ("Policy 2.9"). 


The Company has concluded that the strategic business plan can be best executed
with the delisting from the Exchange. Accordingly, the board of directors of the
Corporation has approved the application to the Exchange for the voluntary
delisting of its common shares from the Exchange (the "Delisting Application").
Pursuant to Policy 2.9, the Corporation is required to submit to the Exchange,
among other things, evidence of the majority of the minority shareholder
approval for the Delisting Application. The delisting is subject to the approval
of the Exchange.


The Company also announces that Angelo Tullo, CFO and Vice President of Finance
of QuStream, will transition his responsibilities to Ricky Ng, Corporate
Controller of QuStream, and subsequently be appointed to the Advisory Committee
of the Corporation.


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, which in
relation to this press release include, but are not limited to, the Exchange
approval of the delisting, our strategic business plan and the change in
management. 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.
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