Telefficiency Holding Corporation Launches Competitive Local Exchange Carrier (CLEC).

Business Editors

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Jan. 25, 2000

Telefficiency Holding Corporation (OTCBB:TTFC), today announced the successful introduction of its Competitive Local Exchange Carrier (CLEC). The company launched the introduction with an advertising campaign to its existing customers representing 70,000 business lines.

The new competitive local line cost is CDN$32.00 which is a 20% advantage over comparable services from the incumbent carrier, Bell Canada.

&uot;We are pleased and excited to begin offering CLEC services,&uot; said Michael R. Brunet, President and CEO of Telefficiency. &uot;We have been a telephone interconnect company for more than 15 years, so we are looking forward to becoming a fully integrated telecommunications company.&uot;

Telefficiency began its marketing campaign on January 12, 2000, and plans to cut the first line over by the end of February.

Jean-Marie Baudot, who is managing the company's CLEC services and has orchestrated a sales and marketing plan to offer these services to new customers as well as the company's 10,000 existing customers, has extensive experience in the industry. With Optel Communications of Toronto he was responsible for the start up of operations in Montreal, Quebec. Baudot developed all sales and marketing plans for the Quebec marketplace, and was successful in converting over 10,000 customer telephone lines in the first year of operation.

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 &uot;forward looking statements&uot; 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 &uot;Cautionary Statements&uot;) 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.