MONTREAL, JUNE 3, 2015 – NOVACAP, one of Canada's leading private equity firms, is pleased to announce that it has today sold most of its 29.4% stake in Stingray Digital Group Inc. (“Stingray”) after a successful seven year partnership.

Portsmouth, New Hampshire, Lewiston, Maine - Oxford Networks and BayRing Communications announced today that the two companies have agreed to merge. The combined entity will be the largest competitive telecommunications provider headquartered in Northern New England. The new organization will operate approximately 2,000 route miles of high-capacity fiber optic network providing access to nearly 50,000 commercial buildings, four robust SOC 2 (Service Organization Control) data centers, and direct access to all other major hub data centers throughout Maine, New Hampshire and Massachusetts.  The merger provides an outstanding strategic fit as Oxford has a solid footprint in Maine, while BayRing has a strong market presence in Southern Maine, New Hampshire and Massachusetts.

Montreal, June 3 2015 - Stingray Digital Group Inc. ("Stingray") announced today that it has successfully completed an initial public offering (the "Offering") of an aggregate of 22,400,000 subordinate voting shares and variable subordinate voting shares of Stingray (collectively, the “Offered Shares”) at a price of $6.25 per share, for total gross proceeds of $140 million. The subordinate voting shares and variable subordinate voting shares will begin trading today on the Toronto Stock Exchange under the symbols “RAY.A” and “RAY.B”, respectively.

Montreal. April 15, 2015 – Stingray is proud to announce that it was awarded a Special Jury Prize at the 10th ITV Awards in Paris, a ceremony that brought together key players in the interactive and media industry. The Special Jury Prize was created at the jury’s request to honour the quality and innovation of the Stingray Music TV app developed for AT&T U-verse*. This award confirms Stingray’s position as a world-leading provider of music products and services.

Further solidifies the position of Stingray Business as the leader of in-store media solutions for Canadian businesses.

MONTRÉAL, January 7, 2015 – KDC (The Knowlton Development Corporation), a leading contract manufacturer of health and beauty-care products headquartered in Knowlton, Québec, announces the acquisition of ChemAid Laboratories, an innovative formulator and manufacturer of skincare, hair care and bath and body products. ChemAid Laboratories employs a team of seasoned professionals with a vast experience in the formulation and manufacturing of high performance, efficient and high quality products at its manufacturing facility, located in Saddle Brook, New Jersey.

PARSIPPANY, N.J., November 24, 2014 — Novacap TMT IV, L.P., a Canadian leader in the private equity field, and Dialogic Inc. (OTCQB:DLGC), the Network Fuel® company, today announced that entities affiliated with Novacap have successfully completed the tender offer and closed the acquisition of Dialogic.

Montreal (QC) / Dallas, October 29, 2014 – Stingray, the leading global provider of multiplatform musical services for Pay TV operators, and AT&T* U-verse®, announced the launch of Stingray Music, a new music app available on U-verse TV. The app is available to U-verse TV customers with U-verse High Speed Internet on channels 531/1531 or by selecting Go Interactive on a U-verse TV remote.

MONTRÉAL, October 22, 2014 – NOVACAP, a Canadian leader in the private equity field, announces the launch of NOVACAP Industries IV, a new investment fund that aims to raise $425 million, as well as an initial major investment by this fund in KDC, a Québec manufacturer of beauty- and personal-care products.

MONTRÉAL, October 22, 2014 – NOVACAP, a Canadian leader in the private equity field, is partnering, through its NOVACAP Industries IV investment fund, with institutional partners, including the Caisse de dépôt et placement du Québec, the Fonds de solidarité FTQ, Investissement-Québec, Export Development Canada (EDC) and Fondaction CSN, to announce an investment of more than $165 million in the shareholding of KDC, a leading Québec contract manufacturer of health and beauty-care products.