Recently in SMB VoIP Category

Shift is looking for established VAR partner organizations with a track record of direct sales success to resell Shift’s hosted VoIP business telephone and message services. Currently Shift services the Western Canadian market with offices in Calgary, Edmonton, Vancouver and Victoria, expanding into Eastern markets this fall.

We're looking for partners to share our vision for transforming the phone service and customer experience available to small and medium businesses.

To find out more about Shift's hosted VoIP partner program, please contact:

Vancouver
Matthew Campbell
778-329-4952

Calgary
Dan Astete
403-355-2729

Edmonton
Kristie Henderson
780-702-9109

Shift Networks - Smart Business Communications

Shift Announces Closing of $5.2 Million Equity Financing

Calgary, Canada, June 14, 2006 – Shift Networks Inc. (TSX-V:SHF), announced today that the Corporation closed a brokered private placement (“Private Placement”) of units (“Units”), subject to regulatory approval, which raised $5,200,000, an increase from the $5,000,000 previously announced.  The Corporation issued 34,666,667 Units at $0.15 per Unit.  Each Unit consisted of one common share and one-half of one common share purchase warrant.  Each common share purchase warrant is exercisable into one common share at a price of $0.18 until June 14, 2008.

Loewen, Ondaatje, McCutcheon Limited acted as lead agent for this Private Placement, and received a cash commission and Agent’s Warrants.  Each Agent’s Warrant is exercisable until June 14, 2006 into one Unit at a price of $0.15 per Unit.  Each Unit consists of one common share and one-half of one common share purchase warrant exercisable into one common share at a price of $0.18 until June 14, 2008.

The Units issued pursuant to the private placement are subject to a four month hold period.  Shift intends to use the proceeds of the Private Placement as follows:

-    accelerate expansion into Eastern Canada, specifically Toronto, and continue to fund growth in Calgary, Edmonton and Vancouver;
-    deploy new network technology to increase margins, features and services; and
-    reduce demand barriers with lower priced telephone handsets bundled with monthly service.

Shift Networks is the leader in next generation Voice over IP services for small to medium-sized businesses. Shift Networks trades on the TSX Venture Exchange under the symbol "SHF". Please visit our website at www.shiftnetworks.com.

For information please contact:

Press & Media            Shift Networks Inc.                       
Christian Darbyshire        Trent Johnsen
(416) 419-9953            President and CEO   
tinepublic@shaw.ca        (403) 355-2703   
                                     trent.johnsen@shiftnetworks.com   


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

On the heels of announcing a $5m private placement Shift announces our numbers for the Q.


Shift Announces Strong Revenue and Margin Growth in First Quarter 2006


CALGARY, May 30, 2006; Shift Networks Inc. (TSX-V:SHF, Shift, or the Company) a leading
provider of hosted IP communications services for small to medium sized businesses today
reported strong revenue growth in its first quarter, 2006 financial results.

Revenues for the three-month period ended March 31, 2006 grew over 300% to C$495,460, compared to revenues of $158,371 in the first quarter of 2005. Contracted quarterly recurring revenue for ShiftVoice service grew over 1000% to $154,552 Q1 2006 from $15,104 Q1 2005. Operating margin on contracted recurring VoIP revenue increased to 54% versus previous quarters at 47%. The Company anticipates continued margin improvement as the Shift customer base continues to scale. Sales continued to increase over the last 3 months as a result of Shift’s continued investment into distribution and sales capacity and growing customer interest and adoption. Management expects growth to continue to accelerate as additional direct sales personnel, indirect distribution partners, and new markets such as Vancouver continue to gain traction.

"Shift’s growth is a function of investment in our sales channels, number of markets, and strength of service offering,” stated Shift President and CEO, Trent Johnsen. "Shift is seeing increasing client opportunities with the addition of Vancouver as the third major market from companies with multiple locations. We are also experiencing pent-up demand for service in Toronto and have work in progress to offer service there.”

Sales and marketing expenses for the quarter increased in line with sales growth. The Company estimates an approximate six month cycle from addition of sales personnel to consistent subscriber revenue loading, comprised of 60 to 90 days training and lead development for new sales reps and dealers, followed by an average 60 to 90 day sales cycle.

As a result of Shift’s increased investments in sales and distribution personnel through the fall of 2005, new subscriber loads increased from 365 in the fourth quarter, 2005, to over one thousand new subscribers in the first quarter of 2006. Over 40% of subscriber line activations were the result of independent Shift dealer activity. During the first quarter the Company completed a fully subscribed $2,000,000 brokered private placement ("Private Placement").

The Corporation issued 20,000,000 Units at $0.10 per Unit. Each Unit consisted of one common share and one share purchase warrant. Each share purchase warrant is exercisable into one common share at a price of $0.14 until January 12, 2008. Proceeds are being utilized to fund acceleration of the Company's sales and marketing initiatives in Calgary, Edmonton and Vancouver as well as for inventory, provisioning, installation and general working capital. Additional information relating to the Company, as well as the complete First Quarter, 2006,
Financial Statements can also be found on SEDAR at www.sedar.com.

Shift Networks is a leader in next generation IP communications services for small to mediumsized businesses. Shift Networks trades on the TSX Venture Exchange under the symbol "SHF". Please visit our website at www.shiftnetworks.com.

For information please contact:
Press & Media             Shift Networks Inc.
Christian Darbyshire   Trent Johnsen
(416) 419-9953          President and CEO
tinepublic@shaw.ca   (403) 355-2703

SMB VoIP is Growing in Canada

April 10, 2006 3:44 PM | 0 Comments

Shift is doing quite well, I am SO glad I joined when I didsmile SMB VoIP in Canada is on fire! Here is an exerpt from the press release put out today on recent growth numbers...

"We exceeded our subscriber target for the first quarter and booked over one million dollars in contracted revenues in a quarter for the first time. We've also launched Shift in our third major western market, Vancouver, western Canada's largest market. Vancouver just opened in late March and over 10% of our new subscribers signed this quarter are Vancouver clients," comments Trent Johnsen, Shift President and CEO.

Shift Press Release

VON Canada & SMB 2.0

April 5, 2006 6:16 PM | 3 Comments


VON Canada - I've been to the edge...

I went from the plane directly to the hotel. Checked in and dropped my bags behind the counter. Trent was waiting, we had a serious mission that needed our attention immediately upon my arrival in Toronto.

We had two tickets to see the Jays and Twins in the season opener at Rogers Centre, yes we have our priorities straight, dead on. There we met with our partners from Natural Convergence, who says you can't mix business with pleasure.

The next morning started early, breakfast at 6:30am, 3:30am Vancouver time.. needless to say I was a little slow to get started. Our 7:30 meeting was downtown, just a few blocks from the hotel, with a certain financial group which went off well I thought.

From there I went to my VON presentation: SMB IP Market Opportunity which seemed to be well received, Jon Arnold did a great job moderating. Joining me on the panel were David Madelstam - Sangoma, Mahshad Koohgoli - Avaya P2P and Paul H. from Cisco. The pitch was pretty much the same across the board; cost, reliability, features, and simplicity. In my presentation, I coined this paradigm shift in the SMB space as SMB 2.0, I just couldn’t resist.

It certainly was a smaller show than San Jose but it was large compared to the VON Canada 2 years ago when Trent and I met up for that first ball game. On a sidebar, somebody said that they heard that Pulver and I do not get along. Maybe someone knows something I do not but from where I am sitting Jeff and I get along just fine, such a weird comment.

Trent and I grabbed a quick lunch with our bankers and then onward to the airport for a quick trip to Ottawa. I was supposed to be in a dinner meeting this eve (as I write this) but I opted out as I needed to spend some quality time with my wife, if only by phone. Lisa has been waiting patiently in the shadows as I jet set around the continent tending to Shift business.

My wife deserves better. Don't get me wrong, I love my job but I love my wife and son more. Tomorrow we are in meetings all day here and then back on a plane to Vancouver to deal with some business and record the Analyst Perspective podcast there before the weekend sets in.

Thanks to everyone who made it out to VON Canada, it was great to see that showing of support for IP Communications in Canada.


Wow, word travels fast in this townwink Here is a snippet from the article published in the Vancouver Sun today.

When it comes to Internet phone services for small to medium businesses, Trent Johnsen sees his Alberta-based company Shift Networks as the barbarians at the gate of the major telephone and cable companies.

And, as of today, Shift -- which previously only offered voice over IP (VoIP) service to firms in Calgary and Edmonton -- arrives in Vancouver, the home territory of telco giant Telus.

Shift's intent, over time, said Johnsen, the company's CEO, is to become the WestJet of the telecom industry with the company's offering of $25-a-seat-per month VoiP service to firms with from five to 200 phones.

Fellow blogger Carolyn Schuck recently quoted Andy and I in a published article in the San Jose Business Journal...

http://sanjose.bizjournals.com/sanjose/stories/2006/03/27/story6.html?page=2

Shift Networks launched business class hosted VoIP service in Vancouver today. Not only are Vancouver businesses shifting to business VoIP, city hall is getting in on the action as well.

The Press Release follows...

Vancouver Businesses Can Now “Shift” to Next Generation of Telecom Service

Vancouver, March 27, 2006 - Shift Networks Inc. (SHF: TSX Venture) announces the launch of its unique new generation of business communications services in Western Canada’s largest business market: Vancouver, British Columbia. Vancouver businesses now have the choice to migrate their existing telephone numbers to Shift’s digital dial tone and virtual key system services, eliminating the need for traditional telephone lines and equipment and providing quality, control and cost benefits superior to traditional 20th century switch based telephone services.

Vancouver’s small-to-medium sized businesses represent a marketplace the size of Shift’s Calgary and Edmonton markets combined.

“We’re very excited to bemaking Shift services available to businesses in this dynamic city. This is the first offering of its kind in Vancouver. We have pre-signed clients, distribution partners, a tremendous Shift staff team, and a lot of interest in Shift’s business telephone services. Watch for some exciting client and Dealer launch events scheduled over the next few weeks,” commented Shift President and CEO, Trent Johnsen.

Shift Networks is a leader in next generation Voice over IP and related “On Demand” IP communications services for small-to-medium businesses. Shift trades on the TSX Venture Exchange under the symbol "SHF". Please visit our website at www.shiftnetworks.com.

For Information Please Contact:

Press & Media CHF 
 Investor Relations Counsel 
Christian Darbyshire  Cathy Hume,CEO
(416) 419-9953 (416) 868-1079 ext. 231
tinepublic@shaw.ca cathy@chfir.com 

Trent Johnsen
President and CEO
(403) 355-2703
tjohnsen@shiftnetworks.com

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

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