Telefficiency Holding Corporation Appoints Roger Abbiss A C.L.E.C. Services Consultant.

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Dec. 2, 1999--

(OTC BB:TTFC)

Telefficiency Holding Corporation (OTC BB:TTFC) announced today that the company has appointed Roger Abbiss as a consultant in its effort to provide Competitive Local Exchange Carrier (C.L.E.C.) services to more than 10,000 customers.

Abbiss is the founder and former Chairman of Optel Communications Corporation of Toronto, a wholly owned subsidiary of OCI Communications, Inc. (OCC.B Toronto).

"Roger brings proven experience in both long distance and C.L.E.C. services. Telefficiency is now on track to commence conversion of its existing and future customer base by January 2000," said Michael R. Brunet, President and CEO of Telefficiency.

"As an established telecom equipment supplier, Telefficiency is extremely well positioned to deliver C.L.E.C. services to its existing and new customers," Abbiss said.

Telefficiency is a leading North American telecom company that sells, installs and services business telecommunications systems primarily to the small to medium-sized business market and is an authorized distributor of Nortel Networks products (NYSE.NT). The Company's mission is to become the leader in the North American interconnect market by providing total communications solutions via state of the art systems and software.

This release contains "forward-looking statements" within the meaning of Section 21E of the Securities and Exchange Act of 1934, as amended. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important facts that may cause actual results to differ (the "Cautionary Statements") include but are not necessarily limited to, political and economic stability of the countries in which the Company intends to operate, the availability of commercially viable projects in which the Company may participate, or the Company's ability to obtain adequate financing. All subsequent written and oral forward looking statements attributed to the Company or persons acting on its behalf regarding the subject matter hereof are expressly qualified in their entirety by the Cautionary Statements.