NSBI, NSCC and Aliant join forces

Feb 6, 2003

Nova Scotia Business Inc. (NSBI), Nova Scotia Community College (NSCC) and Aliant announced today a formal agreement to help bring new business to the province.

The three organizations signed a Memorandum of Understanding (MOU) that outlines a strategy to provide the best possible business solution for companies that are considering investing in the province. As acknowledged preferred partners, both Aliant and NSCC will contribute to NSBI's business attraction opportunities, and each organization will bring their own potential business propositions to the table for open discussion and strategy setting by all parties.

NSBI is pleased to have the cooperation of both private industry and the education sector focused on our mutual mandate of developing business opportunities for Nova Scotia, says Stephen Lund, President and CEO, Nova Scotia Business Inc. The combination of NSCC's high quality programs tailored to our unique labour market and Aliant's annual $200 million investment in their telecommunications network provides a unique approach to potential new business and will play a key role in attracting high quality investors to the Province.

As a partner in business development, Aliant is proud to provide the technological backbone for companies doing business in Nova Scotia, says Wendy Paquette, Aliant's Senior Vice President, Customer Services. Our established relationship with NSCC and specialized technology knowledge provide a solid foundation for new businesses to draw upon when looking at Nova Scotia as a place to invest.

NSCC sees the value of this partnership, not only for providing a turn-key solution for new business prospects, but it will bring new training and career opportunities to people in communities across this province, says Ray Ivany, President, NSCC. In addition to training in telecommunications, customer service and management, NSCC will add value to the alliance by providing campus facilities as business incubation and disaster recovery sites two unique propositions for companies considering Nova Scotia.

The approach is expected to build upon NSBI's effort to attract strong businesses to the province, which will create sustainable, high-value jobs for Nova Scotians.

Nova Scotia Community College (NSCC) has the mission to build Nova Scotia's economy and quality of life through education and innovation. With 8,500 students, 5,000 individuals engaged in customized training, and 12,000 Nova Scotians pursuing continuing education opportunities within a network of 13 campuses and six community learning centres; we are committed to accessible, high-quality, industry-specific education that allows all Nova Scotians to participate in the province's ever-growing economy. NSCC currently houses two contact centres Prince of Fundy Cruises at Burridge Campus in Yarmouth, and Spiegel, at Marconi Campus in Sydney.

Aliant (TSX: AIT) is a recognized leader in communications and information technology. From its headquarters in eastern Canada, Aliant develops pacesetting telecommunications technologies for more than 2 million consumers and over 80,000 enterprises. Aliant complements its industry-leading telecommunications business with strengths in information technology and knowledge services applications. The company's 10,100 employees collaborate to deliver the highest quality of customer service, while consistently demonstrating innovative capabilities that drive growth in existing and new markets. Aliant is a TSX 100 company with a market capitalization of approximately $4 billion. More information about Aliant may be found by visiting www.aliant.ca .

Nova Scotia Business Inc. is the province's business development agency, an organization that works with companies to provide business solutions. The private sector-led agency works to attract new businesses to the province and help those already in Nova Scotia expand through services such as export development and financing.