Interstar Names Martin Demers Its President and CEO

Former Ace*Comm Chief Marketing Officer to Drive Growth

Montreal, QC, October 1, 2003

Interstar Technologies Inc., the pre-eminent developer of enterprise fax solutions for converged Internet Protocol (IP) networks, announced  today the appointment of Martin Demers as the company's new President and Chief Executive Officer.

Mr. Demers brings more than 18 years of senior management experience in the telecommunications and information technology sectors. Most recently, Mr. Demers was Senior Vice President and Chief Marketing Officer at ACE*COMM Corporation, a global provider of advanced operations support systems (OSS) technologies to carriers, government agencies and Fortune 500 enterprises, where he had taken on progressively senior roles since joining in 1996. Prior to ACE*COMM, Mr. Demers had established a strong track record of success in managing large-scale international hardware and software development projects with CAE Electronics, Foxboro, and Teleglobe. Mr. Demers holds a Bachelors Degree in Engineering from Ottawa University, and a Masters of Business Administration from McGill University.

 

"Martin Demers' primary mandate as President and CEO of Interstar Technologies is to lead the company towards achieving its growth objectives while maintaining a firm commitment to innovation through research and development," said William Meder, Chairman of the Board, "With his proven business development and executive management experience, Martin's leadership will be fundamental in taking Interstar to the next level. We believe that his unique experience in driving global business initiatives, his broad understanding of technology markets, and his strategic senior management capabilities make him an excellent fit for Interstar at this important growth juncture. "

"I am very pleased to be joining the Interstar team," said Mr.Demers.   "I have been given an exciting opportunity to lead a company with solid management and engineering teams, industry-leading technology, and strong financial position. Together, we will succeed in making Interstar's fax servers the standard for next generation enterprise communications."

About Interstar Technologies

Interstar Technologies started the fax server revolution in 1996 with LightningFAX and reinvented the fax server in 2002 with XMediusFAX. Interstar is committed to bringing the best electronic messaging technology in the world to enterprise markets, financial institutions, governments and OEM partners through its innovative, award-winning software offerings.

Interstar maintains technology partnerships with Microsoft, Intel, Cisco Systems, IBM, HP, Lotus, Pitney Bowes, Brooktrout, Groupe SAGEM, and Onset Technology. Interstar’s products are available for Microsoft Windows, IBM AIX, Red Hat Linux and Sun Solaris, and are distributed worldwide through a global network of resellers, system integrators and OEM partners. For more information, visit Interstar’s web site at xmediusfax.sagemcom.com.