The First Pierre Péladeau Bursary, worth $50,000, went to Kyvox Technologies, a Mirabel-based company which has developed a high-precision portable ultrasonograph which will improve productivity in the hog industry.

The Second Pierre Péladeau Bursary, worth $30,000, was awarded to Développement Effenco of Montréal. Its founders have developed a hybrid brake energy recovery system for garbage trucks which will enhance their energy efficiency.

The Third Pierre Péladeau Bursary, worth $20,000, was awarded to Axoneme, a Québec City business that develops, optimizes and produces recombinant proteins, which are used in high value-added pharmaceuticals.

"Once again, the jury was impressed by the calibre of the projects that were submitted to it and by the entrants' ingenuity," said Érik Péladeau, Vice Chairman and Executive Vice President of Quebecor Inc. "We were inspired with confidence in the new generation of Québec entrepreneurs and with optimism for our economic future."

The Pierre Péladeau Bursaries were created in 1998 to promote entrepreneurship and support business start-ups by Québec university students. Students at all Québec universities are eligible. Each year, bursaries are awarded to the best three projects submitted to the jury. Since their creation, the Pierre Péladeau Bursaries have distributed a total of $700,000 to 27 recipients, helping them start their businesses, carry out their business plans and develop their products and markets.
The members of the jury for the 2007 Pierre Péladeau Bursaries were:

- Richard Bordeleau, President - Health and Nutrition Division, Atrium Biotechnologies Inc.
- Adam Lapointe, President, Soccrent
- Pierre Laurin, Chairman of the Board, Atrium Biotechnologies Inc.
- Claire Léger, Vice-Chairman, Le Groupe St-Hubert
- Marc Leroux, CEO, Univalor, Université de Montréal
- Érik Péladeau, Vice Chairman and Executive Vice President, Quebecor Inc.
- Dennis Wood, President, Les Placements Dennis Wood Inc.

Quebecor Inc. (TSX: QBR.A, QBR.B) is a communications company with operations in North America, Europe, Latin America and Asia. It has two operating subsidiaries, Quebecor World Inc. and Quebecor Media Inc. Quebecor World is one of the largest commercial print media services companies in the world. Quebecor Media owns operating companies in numerous media related businesses: Videotron Ltd., the largest cable operator in Québec and a major Internet Service Provider and provider of telephone and business telecommunications services; Sun Media Corporation, the largest newspaper chain in Québec and the second largest in Canada; TVA Group Inc., operator of the largest French language over the air television network in Québec, a number of specialty channels, and the English language over the air station Sun TV; Canoe Inc., operator of a network of English and French language Internet properties in Canada; Nurun Inc., a major interactive technologies and communications agency with offices in Canada, the United States, Europe and Asia; companies engaged in book publishing and magazine publishing; and companies engaged in the production, distribution and retailing of cultural products, namely Archambault Group Inc., the largest chain of music stores in eastern Canada, TVA Films, and Le SuperClub Videotron Ltd., a chain of video and video game rental and retail stores. Quebecor Inc. has operations in 18 countries.

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Information:
Luc Lavoie
Executive Vice President, Corporate Affairs
Quebecor Inc.
Office: (514) 380-1974
Mobile: (514) 947-6672
lavoie.luc@quebecor.com