SaskTel Invests Further in Streamlogics

March 28, 2005 - SaskTel today announced that it will further invest in Streamlogics Inc. (Streamlogics), a leading provider of webcasting and webconferencing solutions, to fund its current working capital requirements to enhance future growth opportunities. This investment will increase SaskTel's ownership in Streamlogics from 37% to 42%.

"Streamlogics has established itself as a leader in webcasting and webconferencing solutions and SaskTel is confident that the company has a solid strategic growth plan that will allow them to capitalize in this surging industry," said Robert Watson, SaskTel President and CEO. "The investment in Streamlogics leverages SaskTel's core competencies, contributes to diversification efforts and continues to create high-tech jobs right here in Saskatchewan."

"The multi-media communications industry is experiencing unprecedented growth as broadband penetration in the home and office increases and web-based communication services are accepted within the marketplace," said Shaun McIver, President and CEO of Streamlogics Inc. "The additional working capital will not only position Streamlogics for future growth opportunities, it will allow us to meet the increased demand for our services across North America."

Streamlogics serves hundreds of customers in Canada and the United States including major enterprise, government, and non-profit organizations. The technical office in Regina remains pivotal to the provision of ongoing research and development, network operations, and technical support services.

About SaskTel

SaskTel employs over 3,800 people in over 50 Saskatchewan communities and is the leading full service communications company in Saskatchewan. It offers complete wireline, wireless, internet, entertainment and e-business solutions over a state-of-the-art, digital network. SaskTel maintains investments in companies that provide a variety of products and services, and partners with more than 140 Saskatchewan businesses. In 2004, SaskTel donated $2.6 million to more than 1,600 not-for-profit organizations, and spent more than $271 million on materials and services from over 3,900 Saskatchewan suppliers. Visit SaskTel at www.sasktel.com.

About Streamlogics

Streamlogics is a leading provider of webcasting and webconferencing services to more than 500 enterprise, association, and government organizations throughout North America. The company's services range from managed event webcast productions to self-service webcasting tools such as MyTalkback PRO™. Streamlogics is based in Toronto, supporting regional offices in Chicago, Nashville, Regina, and Montreal. Key shareholders include SaskTel (www.sasktel.com), and Streamlogics' management team. For more information about Streamlogics, visit the company's website at www.streamlogics.com.

For more information, contact:

Michelle Englot
SaskTel Corporate Affairs
Phone: (306) 777-4476
E-mail: michelle.englot@sasktel.sk.ca

Shaun McIver
Streamlogics
Phone: (416) 642-6532
E-mail: shaunM@streamlogics.com