QVC Qustream Corporation

QuStream Corporation ("QuStream" or the "Company") (TSX VENTURE: QVC), an innovative global provider of high-definition (HD) broadcast solutions that facilitated NBC's comprehensive coverage of the 2008 Beijing Olympics, today announced that Neil Reid has resigned as director of the Company effective October 31, 2008. Neil has been a director of the Company since 2004.

"I would like to personally thank Neil for his commitment and contribution to QuStream. Neil has advised me his decision to resign is part of his overall plan to remove himself from such positions as his retirement nears. I wish him all the best in his future endeavors," said Frederick L. Godard, Chairman, President and CEO.

QuStream has initiated a search to identify a replacement.

About QuStream Corporation:

QuStream, embracing the PESA brand and FortelDTV(TM) technology, is a global provider of integrated solutions to the 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.

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

Contacts: QuStream Corporation Frederick L. Godard Chairman, President and CEO (416) 385-2323 x 200 Email: fgodard@qustream.com Website: www.qustream.com