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To: pat mudge who wrote (11823)	6/7/1999 7:48:00 PM
From: zbyslaw owczarczyk	Respond to of 18016

Worldwide Fiber Inc. Announces Entry Into Carrier's Carrier Service Market VANCOUVER, British Columbia--(BUSINESS WIRE)--June 7, 1999-- Worldwide Fiber Inc. (WFI), today announced the signing of letters of intent with Nortel Networks, Newbridge Networks, and Fore Systems to supply the optical and switching systems that will activate the existing dark fiber asset stretching from Seattle to Vancouver to Toronto via Minneapolis, Chicago and Detroit. This announcement represents an important step in the company's evolution from contractor to developer to telecommunications operator and is facilitated by Worldwide Fiber's large dark fiber asset. An important aspect of Worldwide Fiber's long-term strategy is to continue to develop its fiber assets and increase the Network value. WFI has chosen to work with Nortel Networks to deliver their latest DWDM Optical Platform, the Optera LH system. The Optera LH system is capable of supporting 160 OC192 channels for a system capacity of 1.6 terabits per optical fiber. WFI has also chosen Fore Systems to provide the ATM core switching Fabric. The AS400, 40 gbps switch will support high-speed connection at optical speeds up to 10 gbps per link. The Fore Switching Platform will ultimately grow to a switching capability of 240 gbps. Newbridge Networks will supply the ATM edge switches. The MainStreetXpress(TM) 36170 Multiservices Switch platform will enable WFI to provide a wide range of services including IP, voice, compressed voice, private line, frame relay, Ethernet, LMDS and xDSL. Worldwide Fiber appreciates the opportunity to work with Nortel Networks, Newbridge Networks and Fore Systems. Their respective capabilities will assist in the building of a services architecture which when deployed, will be at the leading edge of service delivery, allowing WFI to provide extremely competitive and flexible carrier services. Steve Baker, Vice President Bandwidth Services and Chief Technology Officer stated, ''Worldwide Fiber's Network bandwidth solutions are eliminating the bandwidth barrier and future growth concerns for the new generation of telecommunications providers.'' Worldwide Fiber is a facilities based provider of technologically advanced, high-bandwidth fiber optic communications infrastructure. Over the last 12 years, Worldwide Fiber Inc. has designed, engineered, developed and constructed communications networks first as the Ledcor Industries Ltd. Telecommunications division, and, since May 1998, as a separate subsidiary. The Company is building a 14,000-mile North American fiber optic communications infrastructure and expects to complete the development of approximately 5,500 route miles in 1999 adding to its existing 5,000 miles. The Company together with its majority owned subsidiaries, are building a Network to meet the facilities requirements of communications carriers, Internet service providers, and corporations with enterprise network needs and to satisfy the increasing demand generated by high bandwidth data, voice, and video communications. Statements made by Worldwide Fiber Inc. may include those of a forward-looking nature. Actual results may differ materially from those projected in forward-looking statements. Worldwide Fiber Inc. believes that its primary risk factors include, but are not limited to: substantial capital requirements; substantial leverage; risks associated with growth; need for Rights of Way; dependence on third party contractors and suppliers; competition; reliance on key personnel; and regulatory policy. Additional information concerning these and other important factors can be found within the Company's filings with the Securities & Exchange Commission. Statements in this release must be evaluated in light of these important factors. Contact: Worldwide Fiber Inc. Larry Olsen/Steve Baker, 604/681-1994

To: pat mudge who wrote (11823)	6/7/1999 8:10:00 PM
From: zbyslaw owczarczyk	Read Replies (2) \| Respond to of 18016

Another deal for NN, FORE and NT: Worldwide Fiber Inc. Announces Entry Into Carrier's Carrier Service Market VANCOUVER, British Columbia--(BUSINESS WIRE)--June 7, 1999-- Worldwide Fiber Inc. (WFI), today announced the signing of letters of intent with Nortel Networks, Newbridge Networks, and Fore Systems to supply the optical and switching systems that will activate the existing dark fiber asset stretching from Seattle to Vancouver to Toronto via Minneapolis, Chicago and Detroit. This announcement represents an important step in the company's evolution from contractor to developer to telecommunications operator and is facilitated by Worldwide Fiber's large dark fiber asset. An important aspect of Worldwide Fiber's long-term strategy is to continue to develop its fiber assets and increase the Network value. WFI has chosen to work with Nortel Networks to deliver their latest DWDM Optical Platform, the Optera LH system. The Optera LH system is capable of supporting 160 OC192 channels for a system capacity of 1.6 terabits per optical fiber. WFI has also chosen Fore Systems to provide the ATM core switching Fabric. The AS400, 40 gbps switch will support high-speed connection at optical speeds up to 10 gbps per link. The Fore Switching Platform will ultimately grow to a switching capability of 240 gbps. Newbridge Networks will supply the ATM edge switches. The MainStreetXpress(TM) 36170 Multiservices Switch platform will enable WFI to provide a wide range of services including IP, voice, compressed voice, private line, frame relay, Ethernet, LMDS and xDSL. Worldwide Fiber appreciates the opportunity to work with Nortel Networks, Newbridge Networks and Fore Systems. Their respective capabilities will assist in the building of a services architecture which when deployed, will be at the leading edge of service delivery, allowing WFI to provide extremely competitive and flexible carrier services. Steve Baker, Vice President Bandwidth Services and Chief Technology Officer stated, ''Worldwide Fiber's Network bandwidth solutions are eliminating the bandwidth barrier and future growth concerns for the new generation of telecommunications providers.'' Worldwide Fiber is a facilities based provider of technologically advanced, high-bandwidth fiber optic communications infrastructure. Over the last 12 years, Worldwide Fiber Inc. has designed, engineered, developed and constructed communications networks first as the Ledcor Industries Ltd. Telecommunications division, and, since May 1998, as a separate subsidiary. The Company is building a 14,000-mile North American fiber optic communications infrastructure and expects to complete the development of approximately 5,500 route miles in 1999 adding to its existing 5,000 miles. The Company together with its majority owned subsidiaries, are building a Network to meet the facilities requirements of communications carriers, Internet service providers, and corporations with enterprise network needs and to satisfy the increasing demand generated by high bandwidth data, voice, and video communications. Statements made by Worldwide Fiber Inc. may include those of a forward-looking nature. Actual results may differ materially from those projected in forward-looking statements. Worldwide Fiber Inc. believes that its primary risk factors include, but are not limited to: substantial capital requirements; substantial leverage; risks associated with growth; need for Rights of Way; dependence on third party contractors and suppliers; competition; reliance on key personnel; and regulatory policy. Additional information concerning these and other important factors can be found within the Company's filings with the Securities & Exchange Commission. Statements in this release must be evaluated in light of these important factors. Contact: Worldwide Fiber Inc. Larry Olsen/Steve Baker, 604/681-1994 ------ Previous