Is listed on The Canadian National Stock Exchange CB-CNSX. INTERNET TELEPHONE (VoIP) IPTV Confidential 1

Forward Looking Statement 1 2 Confidential These forward-looking statements are made as of the date of this presentation and Colba.Net does not intend, and does not assume any obligations, to update these forward-looking statements. Forward-looking statements include, but are not limited to, statements with respect to the timing and amount of estimated future activities, success of these activities, expenditures, permitting, and requirements for additional capital and access to data. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, risks related to actual results of current activities; changes in project parameters as plans continue to be refined; the ability to enter into agreements or to acquire or dispose of property interests; future prices; accidents, labour disputes and other risks of the Telecom Industry; ability to obtain financing; and delays in obtaining government approval or financing.

Public company on CNSX – October 1st, 2010 CPC Transaction Financing by Canaccord Capital 1 3 Confidential Telecom

Colba.Net Capitalization Information ListingCNSX under the symbol « CB » Shares Outstanding Fully Diluted 33.4 Million 0 Warrants 0 Options Recent Share Price:$ $0.30 Market Capitalization Public Float2,224, Confidential

Management Joseph Bassili – B.Sc., M.Sc Studies –Founder, President, Chief Executive Officer and Director. Age 63 Obtained B.Sc in Science from McGill University. M.Sc Chemistry Studies at Concordia University President of Colba Net, an Internet service provider, since 1996 Chairman of the Negotiating Committee of the Canadian Network Operators Consortium (CNOC) and board member. 3 Confidential 5 Michel Poissant – B.Sc., CGA, CFO Age 48 B.Sc in Accounting, UQAM, 1985 More than twenty years of experience as a manager in start-up, development and business management, as well as 14 years in capital risk management. CFO of Above Sécurité, Director of Telecoms at Fonds de Solidarité FTQ, Senior Analyst at Business Development Bank of Canada,

Management (2) Tamara – B.Sc, M.Sc - Director of Corporate Sales Age 38 B.Sc. Marketing and M.Sc Sociology. 8 years of experience in marketing and sociological management in an international research company. Sales Director at Colba.Net since April Key account manager since Confidential Bruno Girodias - B.Sc, M.Sc, Ph.D – Director of Technology Age 31 B.Sc and M.Sc in Computer Science – Université de Montréal. Ph.D Computer Engineering – Polytechnique. Technical & Business Advisor for Multiple IT start-up companies in wireless, power-lines software and web services technologies at both the provincial and national levels. More than 10 years of independent consulting.

Directors 4) Guy Laflamme – (CMA) – Director Age 63 HEC Graduate in Administration CMA (1972 – 2011) CFO of Vidéotron from 1975 to Taking part in the growth and acquisitions of the Company. Established and managed new cable networks of both local and international regions such as Portugal and Île de la Réunion. Accumulated 41 years of experience in the telecommunications sector. 3) Michael Karras – BAA – Director Age 47 B.A.A., HEC Montréal Vice President of Business Development and Audit with of FLC Inc. a division of Fuller Landau, a Chartered Accounting firm located in St. Lambert, Quebec. Has worked in public accounting firms for the last 12 years. 1) Joseph Bassili – Director 2) Jean-Paul Bassili – Director Age 32 MBA, McGill Vice-President of Alpen Secrets 6 Confidential 7

Potential Market Canadian communications services revenue are still growing… Telecommunications (fixed, mobile and usage) revenue were $41.0 billion. Broadcasting revenue were $14.4 billion. Internet services revenue were $6.2 billion. Approximately 34% of residential customers subscribed to service bundles that consisted of local telephone service and one or more of the following services: Internet access, video, and mobile. 8 Confidential 8

9 Colba.Net Business Strategy is to penetrate this huge market by offering a triple play solution (Internet, Telephony and IPTV) to the consumer market. HOW? By offering access to those services at “almost half” the price of what competitors such as Bell and Videotron are offering. Montreal is the primary focus of implementation at the current time. Confidential

10 Installed ADSL 2+ equipments in 9 CO’s of Bell allowing transmission speed up to 24 Mbps. Rental of space in CO of Bell Canada. Rental of copper wire form CO of Bell Canada to the customer’s premise. Interconnect CO’s of Bell to Colba.Net to deliver Internet, telephony and IPTV services with fibers. Providing modems and decoders to customers for service reception.

11 Colba.Net will connect large customer base ( example: several large apartment buildings) with fibre to the basement after proper market penetration are reached and makes sense (ROI) to invest.

What is the Triple Play Offering? What is the Triple Play Offering? In Montreal Colba.Net offers in Montreal ADSL2+ unlimited High Speed Internet. Telephone (VoIP). IPTV: Television over telephone line These services are available to a potential of 400,000 subscribers connected in 9 CO of Bell Canada, in Montreal. Colba.Net currently has 3300 of those subscribers, and is growing rapidly Confidential