MONTREAL, Sept. 30 /CNW Telbec/ - Buzz Telecommunications Services Inc. (TSX-V: BZZ) today announced the resignation of Louis-Robert Lemire from its Board of Directors, effective immediately.
Mr. Lemire's resignation follows the Autorite des Marches Financiers' recent decision to initiate an inquiry into some of Mr. Lemire's trading activities. Mr. Lemire stated that his decision to resign was taken in the sole interest of the Corporation, so as to not interfere in the continued development of its business and to disassociate the Corporation from such an inquiry.
ABOUT BUZZ TELECOMMUNICATIONS SERVICES INC.
Buzz Telecommunications Services through its subsidiaries Buzz Telecom and Triple 5 communications is a CRTC licensed and software development company specializing in dial around long distance products and services. 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, Rogers, Videotron and to Fido clients. Buzz continues to develop long distance products for its clients in an effort to provide the long distance services as competitively priced as reasonably possible.
"The TSX Venture Exchange has not reviewed this release and therefore
does not accept responsibility for its adequacy or accuracy."
