Knowlton Capital proposes name change to Buzz Telecommunications Services

TSX VENTURE SYMBOL: KCI

MONTREAL, Jan. 19 /CNW Telbec/ - Knowlton Capital(TSX V-KCI) announced today that the TSXV has conditionally approved the company's proposed name change to Buzz Telecommunications Services Inc. and the company expects to receive final approval shortly.

About Buzz Telecom Inc.

Buzz Telecom is a unique long distance service provider which specializes in dial around long distance services such as its 10-11-555 by the minute billing service and its 10-11-289 bundle of minutes service. Clients can effectively dial around their existing carriers by dialing 10-11-555 or 10-11-289, and the desired telephone number and the charges appear directly on the client's regular telephone bill. Buzz presently offers its services in Quebec and Ontario to Bell, Videotron and most recently to Fido clients. Buzz continues to develop innovative long distance products for its clients in an effort to provide the highest quality long distance services as competitively priced as reasonably possible.

Buzz Telecom also offer a selection of prepaid calling cards that customers can use from anywhere in the world, to anywhere in the world.