TORONTO – January 17, 2007 – Wellington Financial LP, a privately held specialty finance firm, today announced the fourth investment of its recently closed and oversubscribed $400 million investment program, a $5,000,000 debenture financing and a $500,000 operating facility for the Montreal-based Bluestreak Technology, Inc. (“Bluestreak”). The financing will provide Bluestreak with the growth capital needed to execute on recent top-tier customer wins.

“Bluestreak is one of Canada’s hottest tech stories, bar none. We are proud to make it our fourth different name in the Canadian wireless arena,” said Mark McQueen, President and Chief Executive Officer of Wellington Financial LP. “Our capital will provide the runway necessary to reach several significant corporate milestones in the coming months.”

Bluestreak is developer of the award-winning MachBlue™ platform, which powers dazzling user interfaces and applications on mobile phones and TV set-top boxes. Leading network operators and OEMs use MachBlue to create new products that combine visual appeal and ease-of-use while providing for performance and reliability.

Deployed on devices around the world, MachBlue is the technology of choice for such firms as Orange, OpenTV, Time Warner Cable, Videotron, Hansun Technologies, and Keybridge Communications.

Bluestreak won top honors in the Orange Partner Innovation Contest, an accolade awarded to the "Best of the Best" in innovative mobile products, services, or technology concepts.

“We are excited to have Wellington Financial on board with Bluestreak. They share our vision for how MachBlue can change the digital entertainment playing field with its unique value proposition—enhancing the user experience on multiple platforms, from mobile phones to televisions to personal digital devices,’’ said Paul Forostowsky, Chief Executive Officer of Bluestreak. “Wellington’s funding will help us to make even greater inroads with existing and prospective customers, and to solidify our position as the rich-media platform of reference for digital entertainment devices.’’

Bluestreak's existing investors are Solidarity Fund QFL (FTQ), BDC Venture Capital, and First Capital Group of Texas.

Heenan Blaikie LLP, Davies Ward Phillips & Vineberg LLP and Munsch Hardt Kopf & Harr, P.C. provided legal advice for this transaction.

Wellington Financial LP is currently managing a new $400 million investment program via Wellington Financial Fund III. Since inception, Wellington Financial LP has led or participated in more than $166 million in transactions, making it one of the most active funds of its kind in Canada.

About Wellington Financial LP

Wellington Financial LP is a privately held specialty finance firm providing operating lines of credit from $1 million to $5 million; term and amortizing loans up to $30 million; and venture debt loans up to $10 million. Wellington Financial LP is currently deploying a $400 million investment program via its third fund. The fund’s clients vary in size and business model, but generally have current year revenue in excess of $5 million. Wellington Financial LP is managed by a partnership controlled by fund management and Clairvest Group Inc. (CVG:TSX), who jointly have contributed a large financial stake to Funds II and III. Limited partners include several of Canada’s largest institutional investors, crown corporations, financial institutions and pension funds. Please visit the fund website at www.wellingtonfund.com, or the Wellington Financial team blog at www.wellingtonfund.com/blog.

About Bluestreak Network, Inc.

Bluestreak Network is the creator of the award-winning MachBlue™ platform, which powers sophisticated applications and user interfaces on mobile phones and television set-top boxes. The MachBlue platform gives network operators and OEMs the power to create engaging, rich-media user experiences (UX). Customers include leading operators such as Time Warner Cable and Orange.

Bluestreak won top honors in the Orange Partner Innovation Contest, an accolade awarded to the "Best of the Best" in innovative mobile products, services, or technology concepts. The company is headquartered in Canada, with offices in the US, France, and Hong Kong. bluestreaknetwork.com