CANQUEST ANNOUNCES NATIONAL PREPAID CONTRACT WITH YAK

Canquest Communications, Canada’s premier provider of prepaid services including long distance, Internet, mobile PINs and POSA systems is excited to have been selected by yak Communications (NASDAQ: YAKC) for prepaid and postpaid switching and authentication services.

yak Communications Inc. (NASDAQ: YAKC) is an Integrated Communications Provider (ICP) offering a full array of long distance (1+/toll free and dial-around), local, travel cards, cellular long distance, data services, and broadband voice to residential accounts and small and medium sized companies in North America. Headquartered in Toronto, Canada and incorporated in the State of Florida, USA, they currently serve approximately 800,000 customers with fiscal year 04 revenue estimated at $80mm. yak Communications has enjoyed an unprecedented year of growth, their market expansion and service offerings are accelerating making their prospects for the future unlimited

Canquest is providing yak with prepaid and postpaid PINs and switching, call rating and authentication services. Interconnected to Canquest, yak transits all of its own long distance traffic exclusively through its own networks.

For more information, contact;

Mike Pugh   mpugh@canquest.com
Senior Vice President   519-351-8647 tel.
Canquest Communications   519-351-0021 fax