Yak Communications Inc. Releases Its Voice Over Internet Protocol Services - VoIP - For Cable Internet Subscribers

Business Wire, June 1, 2004

Business Editors/High-Tech Writers

MIAMI & TORONTO--(BUSINESS WIRE)--June 1, 2004

(Local & Long Distance Voice Services Over High Speed Networks)

Yak Communications Inc. (NASDAQ:YAKC), a provider of telecommunication services to residential and business customers, has completed the second phase of the technical and engineering testing of its WorldCity VoIP services and has started a market test to subscribers of high speed cable internet access.

Charles Zwebner, Yak President and Chief Executive Officer said "The Company continues to execute on its planned rollout of its WorldCity VoIP services to residential and small business markets and remains on target for full commercial deployment, to consumers anywhere in the world, in early September 2004. Users of high-speed internet access are reportedly split approximately 50/50 between DSL and cable service. The completion of the technical Phase II development is very significant to our Company because it also allows cable internet subscribers to use Yak WorldCity VoIP services in addition to subscribers of DSL service".

The product is expected to be commercially released with full features including such options as: Caller ID, Call Forwarding, Call Waiting, Three Way Calling, Voicemail, Message Waiting, Personal Call Manager On-Line Portal, Free On Net Calls, local and international DID's (direct inward dialing numbers), and soon thereafter with 911 operator services. Pricing for the bundled services including local, long distance and basic features, is anticipated to be in the $19.99 to $34.99 range, all inclusive.

"We had previously tested in Phase I our products on high speed DSL networks and have now completed testing our products on high speed cable networks. We currently have consumers making inbound and outbound calls using both IP phones and regular telephones, with operational connectivity between high speed cable, IP and PSTN networks (public switched telephone), and it works well. We look forward to our commercial rollout in September and we continue to believe that the market opportunities for our products and services are extremely large both in Canada and USA, as well as internationally", added Zwebner.

For more information on YAK Broadband please visit www.yak.com

About YAK Communications Inc.: YAK Communications Inc. (the "Company") (NASDAQ: YAKC) was incorporated in December 1998 in Florida with the objective of providing international long distance discount services to both business and residential customers.

The Company specializes in offering these services to consumers by way of a dial-around (known as "10-10"). The Company is a facilities based reseller, which utilizes its own switching systems. For more information about YAK Communications, please visit www.yak.com

Forward Looking Statements:

Statements contained in this news release which are not strictly historical are forward looking within the meaning of the safe harbor clause of the Private Securities Litigation Reform Act of 1995. The Company makes these statements based on information available to it as of the date of this news release and assumes no responsibility to update or revise such forward-looking statements

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