Innovacorp’s three business incubation facilities in Halifax-Dartmouth have been linked through a high-capacity fibre-optic telecommunications network spanning the Halifax Harbour. Innovacorp clients, made up of early stage companies, will soon benefit from advanced data and voice services typically only accessible by larger companies.

The fibre-optic infrastructure is part of Internetworking Atlantic Incorporated’s metro fibre-optic network that extends throughout the downtown core areas of both Halifax and Dartmouth, extending into the Woodside area and as far as the Bedford Institute of Oceanography. The facility will satisfy Innovacorp’s need to link the Technology Innovation Centre and 101 Research Drive in Dartmouth with the BioScience Enterprise Centre and the Innovacorp corporate office, both in downtown Halifax.

In addition to fulfilling Innovacorp’s immediate need for multiple-site connectivity, the new fibre-optic infrastructure is designed to provide a reliable platform for the organization’s state-of-the-art integrated data and voice network on which Voice Over Internet Protocol (VOIP) will be deployed. Innovacorp will serve its clients’ increasing requirements for high bandwidth connectivity. By consolidating internet, voice, and inter-site telecommunications requirements on one high-performance fibre-optic network, Innovacorp expects to deliver advanced services at the same costs.

“Innovacorp is committed to ensuring its clients have access to state-of-the-art IT infrastructure, so they can leverage technology to speed time to market and have maximum efficiency when interacting with local, regional and global customers,” says Innovacorp president and CEO Dan MacDonald. “After thorough analysis, we chose Internetworking Atlantic Inc. (IAI) as our strategic network infrastructure vendor.”

IAI president Bruce MacDougall added, “Fixed cost, high performance fibre-optic networks offer an innovative solution to growing companies. We’re very pleased to support Innovacorp and Innovacorp clients in their quest for bandwidth and connectivity.”

IAI specializes in provision of direct fibre-optic telecommunications services, and owns a 60 kilometre optical network in the Metro Halifax-Dartmouth area. IAI operates over 220 kilometres of fibre-optic infrastructure in New Brunswick, Nova Scotia and PEI, serving numerous enterprise, institutional and government customers.

About Internetworking Incorporated Inc. (WWW.INTERNETWORKING-ATLANTIC.COM)
Internetworking Atlantic Incorporated (IAI) is Atlantic Canada's leading provider of fibre optic telecommunications solutions, and a privately held CRTC-registered non-dominant telecommunications carrier headquartered in Halifax, Nova Scotia. The company owns and operates over 220 kilometres of fibre optic infrastructure around Atlantic Canada, including a 60 kilometre network in Halifax-Dartmouth. IAI’s direct fibre-optic telecommunication services represent a revolutionary shift in telecommunications services, and provide unlimited bandwidth, unprecedented reliability and security for institutional, commercial, and government consumers in Atlantic Canada. Clients include: Innovacorp, Department of Health, Dalhousie University, Canadian Broadcasting Corporation, Capital Health District Authority, HRM, Sobeys, as well as McCain Foods, Beauséjour Regional Health Authority and the City of Edmundston, in New Brunswick.

About Innovacorp (WWW.INNOVACORP.CA)

Innovacorp helps early stage Nova Scotia companies commercialize their technologies and succeed in the global marketplace. The organization’s High Performance Incubation (HPi)™ business model is recognized locally and internationally as a "best practice" technology commercialization approach. The model comprises three interwoven resources - incubation infrastructure, business mentoring and seed/venture capital investment - to help entrepreneurs overcome traditional hurdles to business growth.

For more information, please contact:
Bruce MacDougall P.Eng. MBA
President, Internetworking Atlantic Inc.
5562 Sackville St., Halifax, NS B3J 1L1
902.421.6021
Fax: 902.421.6030
BRUCE.MACDOUGALL@INTERNETWORKING-ATLANTIC.COM

Dawn House
Innovacorp
902.424.8670 x 1189
Cell: 902.456.9705
DHOUSE@INNOVACORP.CA

Halifax, Nova Scotia, October 3, 2006