MARKHAM, Ontario -- Navtel Communications Inc., a leading developer and global provider of test equipment for the laboratories of network equipment manufacturers & operators, announced today that it has secured substantial financing from two of Canada's most respected and trusted funding organizations.

Stéphane Attal, President of Navtel, believes that "as telecom networks evolve from a legacy infrastructure (where signaling and user data are carried over separated overlay transport networks) to a Voice over IP Infrastructure (where signaling and user data are combined together on one network), it is essential that test solution manufacturers provide an integrated platform capable of verifying these converged technologies. Navtel leads the way when it comes to the paradigm shift that is happening in the network testing arena and we are the only organization that offers comprehensive end-to-end automated test solutions in one single platform for the signaling, data and transport planes. The financing we have received ensures that Navtel can further accelerate its plans to develop cutting edge solutions for VoIP, 3G and GMPLS in this growing market".

As part of the funding arrangement Jim Glover (an Investment Director at BDC Venture Capital), Peter Seeligsohn (a General Partner at VenGrowth Capital Partners Inc.) and Joseph Sutherland (a former President of Navtel) have been elected to the Board of Directors and will work together with the management and staff at Navtel Communications in the coming months and years to ensure that Navtel becomes the test solutions provider of choice for NGcN.

Navtel Communications Inc.