TTZ Total Telcom Inc

KELOWNA, BC and EDMONTON, March 26 /CNW/ -- KELOWNA, BC and EDMONTON, March 26 /CNW/ - TOTAL TELCOM INC. (TSXV: TTZ) Total Telcom Inc. ("Total Telcom" or the "Corporation") announced today that ISS Canada, Canada's leading independent proxy firm and an affiliate of Institutional Shareholder Services Inc. ("ISS"), has recommended that Total Telcom shareholders vote FOR the slate of management nominees in a proxy contest. "We are very pleased that, after an independent and comprehensive review, ISS has recommended that a vote FOR management's nominated Directors is warranted" said Neil Magrath, CEO and Chairman of Total Telcom. ISS RECOMMENDS A VOTE FOR MANAGEMENT NOMINEES ISS closely analyzed both management's and the dissident's slate of nominees. The following were noted by ISS when making their independent recommendation: -- A vote FOR the slate of management nominees is warranted as it is felt that shareholder interests would be better served by the existing team than by entrusting the company to an untried set of new nominees. -- In regards to "the dissident slate, we recommend that shareholders do not vote." -- The dissidents are mostly not shareholders and it is not clear whose interests they are representing. -- In regards to the dissidents concern on the stock price of the Corporation's shares, ISS notes that, "As with other technology companies, the price seems to have boomed in 2000 and crashed thereafter. Hence the erosion of shareholder value is something that occurred quite some time ago. Similarly the payment of commission dates back to 2006 and there is no immediate relevance of this payout." -- The dissidents have not provided any clue how they would set about turning the situation. A VOTE FOR THE MANAGEMENT NOMINATED DIRECTORS SUPPORTS LONG-TERM SHAREHOLDER VALUE -- The Corporation has been diligently building a solid foundation and is recognized today by Governments, Industry and the Military as a leader in Remote Control, Monitoring and Asset Management. -- Management has initiated strategies that will see the utilization of its vast knowledge and experiences targeted to larger commercial opportunities across North America with a focus on Asset Management, Utilities & Environmental Monitoring. New proprietary products are currently be being tested by a major equipment rental company, HVAC supply & distribution networks and the Department of Fisheries and Oceans. -- In addition to building growth from within, Total Telcom is actively seeking complimentary businesses to acquire or amalgamate with that have a high degree of economies of scale such as other public entities. The meeting of Shareholders of Total Telcom will be held at 540, 1632 Dickson Avenue, Kelowna, British Columbia V1Y 7T2 on Wednesday, March 30, 2011 at 10 a.m.(Local Time). VOTING INSTRUCTIONS Registered Shareholders Vote management's WHITE proxy FOR all appointed nominees by signing, dating and returning their proxies by fax to 1-403-452-8084. Beneficial Shareholders If you hold Total Telcom shares through a bank or other intermediary, you should have received a voting instruction form ("VIF").  You may vote online using the control number found on your VIF at www.proxyvote.com or by following other instructions found on the VIF. The deadline for receiving proxies is March 29, 2011 at 4:00 PM Edmonton Time. If you have already voted with the Dissident Group, you may submit a later dated Management Proxy. Total Telcom urges its shareholders to vote FOR Management's appointed nominees. If you have any questions or need assistance in completing Management's proxy, please call Laurel Hill Advisory Group at toll free 1-877-304-0211 or email at assistance@laurelhill.com. Trading symbol:  TTZ: TSX Venture "The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release." To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/March2011/28/c6909.html p If you have any questions or need assistance in completing Management's proxy, please call Laurel Hill Advisory Group at toll free 1-877-304-0211 or email at a href="mailto:assistance@laurelhill.com"assistance@laurelhill.com/a /p

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