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Primus Telecommunications Canada Appoints Michael Nowlan as CEO

Nowlan to lead Primus through transformation and growth of the Canadian telecommunications sector

TORONTO, ONTARIO -- (Marketwired) -- 01/09/14 -- Primus Telecommunications Canada Inc., the country's largest alternative telecommunications service provider, is pleased to announce the appointment of Michael Nowlan as Chief Executive Officer and as a member of its board of directors.

Nowlan joins Primus from high-growth social media leader Marketwired as the Canadian telecommunications sector continues to experience significant change from competition, evolving technologies and increasing demand for world-class connectivity and customer service.

"I am thrilled to join Primus at this very exciting time," says Nowlan. "Our range of services combined with our dedication to providing outstanding customer experiences perfectly position us to serve the growing needs of Canadian consumers and businesses. I look forward to working with our talented employees to ensure we bring our customers a world-class service experience that exceeds their expectations."

Nowlan spent the last 12 years as President and CEO of Marketwired. During this time, he grew and transformed the company from a traditional newswire service in a slow growth industry to a high-growth social media leader with offices across North America and Europe. Under his leadership, and with a focus on putting the customer first, revenues expanded tenfold and Marketwired's customers came to include nine of the top 10 global brands. Prior to Marketwired, Nowlan spent six years with PriceWaterhouseCoopers, served as CFO of a public company, and ran a consulting firm that helped clients raise capital and provided strategic planning to telecommunications companies.

Michael holds a Bachelor of Commerce degree from Queen's University, is a Chartered Accountant and an accredited member of the Institute of Corporate Directors. He also sits on the board of directors of the DAREarts Foundation, a charitable organization that uses educational experiences in the arts to unlock the potential and ignite change in the lives and communities of children and youth facing life challenges.

About Primus Telecommunications Canada Inc.

Primus Telecommunications Canada Inc. is the largest alternative telecommunications service provider in Canada. Primus offers a wide selection of consumer and business telecommunications services available nationwide including Home Phone, Internet, Long Distance, VoIP, Enterprise IP Voice Solutions, Hosted Phone Systems (Hosted PBX), Dedicated Data Access and IP connectivity solutions. In the United States, Primus provides reliable and affordable digital home phone (VoIP) service under the Lingo brand. Acquired by York Capital Management in July 2013, Primus Canada was founded in 1997 and has over 600 employees located in offices across Canada including Vancouver, Toronto, Ottawa, London and Edmundston. For further information, visit primus.ca.

About York Capital Management

York Capital Management is an investment firm established in 1991. The firm pursues a multi-strategy investment style and manages approximately $19 billion across several different investment strategies with primary offices in New York, London and Hong Kong.

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