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Technology Stocks : V.LKC - Interactive TV, wireless ISP

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To: Roman who started this subject10/6/2000 12:46:25 PM
From: bafan_57   of 68
 
For Immediate Release

LOOK COMMUNICATIONS ANNOUNCES NEW DIRECTOR
Bourbonnais joins Board following Stewart’s departure

Toronto, ON – October 5, 2000 – Michael Cytrynbaum, Chairman of the Board of Look Communications Inc. announced today that André Bourbonnais has been appointed to Look’s Board of Directors. Effective October 4, 2000, Mr. Bourbonnais assumes responsibilities left by departing board member Guthrie Stewart.

Mr. Bourbonnais is currently the Co-Chief Executive Officer, Executive Vice President, Chief Legal Officer and Secretary of Teleglobe Inc. One of Mr. Bourbonnais’ current responsibilities is overseeing the transition resulting from the pending acquisition of Teleglobe Inc. by BCE Inc.

“On behalf of the Board, I would like to welcome André as a Director,” said Mr. Cytrynbaum. “André’s experience and expertise are valued and the Board looks forward to working with him as Look continues its growth and development.”

Mr. Stewart resigned as a Director of the Board of Look Communications effective September 29, 2000. Mr. Stewart served on Look’s Board of Directors since April 1998. In addition to his position on the Board, Mr. Stewart served as President and CEO of Look from May to October 1999, providing valuable expertise in guiding the company’s growth and strategic direction.

“On behalf of the Board, I thank Guthrie for his exceptional contribution to Look’s development, both prior to and following the merger with Internet Direct,” said Mr. Cytrynbaum. “We wish him the best of luck in his future endeavors and thank him for his hard work.”

About Look Communications Inc.
Look Communications Inc. (CDNX: LKC) is a leading wireless broadband carrier, delivering a full spectrum of communications services including digital television distribution, high speed Internet access and Web-related services. Through its advanced MDS technology (Multipoint Distribution System), Look provides superior, digital entertainment services to homes across Quebec and Ontario.
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Look's Internet service, formerly known as Internet Direct, is available throughout Canada and has established itself as one of Canada's largest independent service providers offering both high speed and dial-up Internet access, in addition to other Web-based applications.

Look Communications is a Canadian company whose principal shareholders are Telesystem Ltd., Teleglobe Inc., Covington Wireless Communications (Ontario) Ltd. and GTC Transcontinental Group Ltd. The company is listed on the Canadian Venture Exchange under the symbol LKC.

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The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

For Media Information:

Laurel Keenan
DBA Communications
(416) 591-7783 ext. 106
keenan@dbapr.com

For Investor Relations:
Louis Villeneuve
Chief Financial Office, Look Communications Inc.
1-(888) 439-2897
lvilleneuve@team.look.ca


David Parkes, President & CEO, Look Communications Inc.
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