The proposed merger of Sunbeach and Cariaccess is designed to build on the best that both companies have to offer. The proposed merger would increase value to the customer, offer more convenient places to meet and do business with the company and increase network speed and efficiency, which are all immediate goals of the Management Team.

It is not anticipated that there will be any staff layoffs as a result of this merger and all email and domain names are safe and will continue on as usual.
Both the Sunbeach and Cariaccess brands are considered strong brands
and so both will be kept in the fore.

In the Eastern Caribbean, the proposed merger includes both Cariaccess St Lucia and Cariaccess St Vincent, where Cariaccess is already offering a range of
PBX and other phone systems and plans on expanding that into Intranet,
Internet and long distance services.

It is proposed that Anthony Gunn, who is Cariaccess' Managing Director, would join the Sunbeach Management Team and will also head up the OECS offices.

Sunbeach is currently responding to the just-released RFP for the provision of cellular service in Barbados. The cellular network proposed by Sunbeach will offer the very best GSM service and Internet access on its handsets along with the ability to email, shop and send pictures and other files back and forth whilst on the go.

”I am very excited about Sunbeach’s plans to offer cellular service in Barbados and look forward to an opportunity to work along with them in this venture” says Anthony Gunn, Managing Director of Cariaccess.

Sunbeach has started the process of due diligence and hopes to present their proposal to their shareholders in the near future.

Cariaccess Communications
Palm Plaza, Wildey,
St Michael, Barbados
tel 246 430 7435
fax 431 0170
Anthony A.R Gunn
agunn@cariaccess.com