QVC Qustream Corporation

TORONTO, ONTARIO ("QuStream" or the "Company") today announced that, subject to TSX Venture Exchange approval, QuStream has retained CHF Investor Relations (Cavalcanti Hume Funfer Inc.), Canada's longest established investor relations firm.

CHF will provide investor relations services for an initial period of twelve months ending March 31, 2009, subject to customary conditions. QuStream may elect to continue with CHF thereafter which, in that case, cancellation by either party requires three months' notice. CHF will be paid a monthly fee of $6,000 plus allowable disbursements from QuStream's working capital. Additionally, QuStream will negotiate an appropriate incentive stock option to CHF at the time of the next offering of options to management.

Fred Godard, Chairman, President and CEO of QuStream commented that "The outlook for QuStream is extremely bright. We are fielding increased interest from new customers in new territories, and continue to collect positive feedback and innovate our products. It is not enough to aim to be an enviable global provider in our field, but we must also endeavour to optimize shareholder value. CHF Investor Relations will take the story of our successful development and promising future to the investment and financial communities across Canada and beyond, through the branches of their international offices."

About CHF Investor Relations

CHF's niche role is acting as a public company's outsourced, low-cost equivalent to an internal investor relations department. CHF serves an international portfolio of TSX/Venture-listed companies, and others seeking to list on the TSX, that operate in a broad range of industries including business and industrial solutions, niche financial products, oil & gas, mining exploration and producers, telecommunications and high-tech. The depth of capital market experience is formidable dating back to the late 1970's. When all the years are combined the firm boasts well over eight decades of experience which is unrivalled by any other IR firm in Canada. CHF's head office is in Toronto, with another Canadian office in Calgary; as well as branch offices in Sao Paulo, Brazil, and Shanghai, China.

About QuStream Corporation

QuStream is a global provider positioned to capitalize on the broadcast industry's transition from analog to digital and high-definition (HD) as well as the proliferation of the use of high resolution graphics displays, in particular, command and control applications for governments. QuStream, embracing the PESA brand and FortelDTV(TM) technology, integrates HD conversion solutions for creators and distributors of professional video content including the high-definition television and professional audio/video market segments. QuStream is headquartered in Toronto, Canada, with offices in the U.S., Europe and Asia. For more information, visit QuStream at www.qustream.com.

All products mentioned herein are trademarked property of their respective owners.

Should you wish to receive Company news via email, please email sasha@chfir.com and specify "QuStream." in the subject line or contact the Company directly.

All forward-looking statements contained in this document are expressly qualified by this cautionary statement. Further information about the factors affecting forward-looking statements is available in other disclosure documents of QuStream which have been filed with Canadian provincial securities commissions and are available on www.sedar.com.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contacts: QuStream Corporation Fred Godard Chairman, President & CEO (416) 385-2323 x 200 Email: godard@qustream.com Website: www.qustream.com CHF Investor Relations Jeanny So Director of Operations (416) 868-1079 x 225 Email: jeanny@chfir.com CHF Investor Relations Sasha Abrams Associate Account Manager (416) 868-1079 x 246 Email: sasha@chfir.com

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