Pricing Announced for New Xplornet Ka-band Satellite Service

January 1, 2005

WOODSTOCK, N.B. – Barrett Xplore Inc. has announced pricing packages for the new Xplornet Ka-band Satellite Service, Canada’s first national wireless broadband network for consumers in rural, remote, First Nations and suburban areas everywhere in the country. Powered by Telesat’s Anik F2 satellite, national service availability will start in July 2005.

Service packages start as low as $59.99 per month, providing download burstable speeds up to 512 Kbps (up to 20 times faster than dial-up) and upload burstable speeds up to 128 Kbps (up to 5 times faster than dial-up) with higher speeds and greater capacities available. Business service packages are available with download burstable speeds, higher than a T1 line, at up to 2.0 Mbps (up to 75 times faster than dial-up) and upload burstable speeds of up to 500 Kbps (up to 20 times faster than dial-up). Service package pricing and conditions can be found at www.xplornet.com. Details of hardware pricing, which will be extremely competitive, will be announced by late spring.

“Telesat’s new satellite is the first in the world to commercialize the Ka-band frequency, a breakthrough communications technology for delivering cost-effective, two-way broadband services,” said Bruce Barr, President and CEO, Barrett Xplore. “Using Telesat’s Ka-band technology will enable Xplornet to deliver always-on, always-ready high-speed Internet connectivity everywhere in Canada.”

The new service, packaged, marketed, distributed and serviced through the Xplornet brand of Barrett Xplore is designed specifically for the millions of Canadians who do not have access to DSL or cable. Through its long-established national dealer networks, the company has a strong presence in many smaller communities where broadband has, up to this point, been unavailable or impractical.

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About Barrett Xplore
Barrett Xplore Inc. – through its Xplornet brand – is Canada’s largest and fastest growing wireless broadband service provider. Through a combination of industry-leading technology, superior high-speed Internet service delivery and best-in-class customer service, Xplornet will bring the advantages of broadband connectivity to underserved businesses and residences across Canada, no matter where they are located. Additionally, Barrett Xplore has built a strong platform in the sales and distribution of consumer electronics products and accessories for leading brands such as Star Choice, Philips and Fellowes. Barrett Xplore is a privately-held company owned by Barrett Corporation of Woodstock, New Brunswick and Sandler Capital Management, New York. For more information, please visit www.xplornet.com.

About Telesat (www.telesat.ca)

Telesat is a pioneer and world leader in satellite operations and systems management. The company made history in 1972 with the launch of the first domestic commercial communications satellite in geostationary orbit. Today, Telesat competes with other top international satellite fleets in providing telecommunications and broadcasting services throughout the Americas, and is a leading consultant, operator and partner in satellite ventures around the globe. Telesat is a wholly-owned subsidiary of BCE Inc., a leading communications company with shares listed in the United States, Canada and Europe.