Toronto, Ontario, Canada - November 3, 2003. - Storagepipe Solutions Inc. ("Storagepipe"), the pre-eminent Canadian provider of fully managed online backup and data disaster recovery services announced today that IPC Financial Network Inc. (IPC) and its subsidiary companies including Investment Planning Counsel of Canada (IPCC) will utilize Storagepipe's SECURE Backup & Restore service to ensure their corporate data is always protected and available.

"It is clear that this is a shift in technology that provides IPC with long-term benefits and less headaches. No more back-up window issues, no more failed tapes/tape drives. Our Disaster Recovery planning has become that much easier." Said Brian Thornborrow, Director - Information Technology for IPC Financial Network Inc.

"Storagepipe's SECURE Backup & Restore service provides IPC Financial Network with a unified and consolidated storage management solution to protect key company data to ensure that data is available and protected. Storagepipe's service based solution allows organizations such as IPC to meet compliance requirements while leveraging resources and maintaining costs within an allocated budget." Said Laurence Goldstein, President of Storagepipe Solutions.

About SECURE Backup & Restore Service

Storagepipe's Secure Service is a complete daily backup application that operates over a remote secure connection. Customers can easily restore the latest version of their most recent backup as required in minutes. The service saves all backups for up to 90 days for incremental restores, allowing for the recovery of data at any point in time.

About IPC Financial Network Inc.

IPC Financial Network Inc. is an integrated wealth management company focused on providing Canadians with the best in financial products, services and advice to help them achieve their financial dreams. IPC has developed a strategy that marries the needs of the planners with that of the company. IPC's intent is to be the premier choice among financial planners who are dedicated to serving the needs of their clients. IPC trades on the TSX Venture Exchange under stock symbol ""IPC"".

About Storagepipe Solutions Inc.

Founded in 2000, and located in Toronto, Canada, Storagepipe Solutions is the preeminent Canadian provider of fully managed online backup and data disaster recovery services. Storagepipe's automated storage solution completely backs up server data to a secure, off site data centre, and makes it immediately available for recovery. Storagepipe utilizes proven IBM software used by 80% of the Fortune 100 companies in America. Storagepipe enables small and medium sized business to benefit affordably from a true Enterprise level storage solution.

For more information about the company and its products or services visit the Storagepipe's Web site at www.storagepipe.com, e-mail or call (416) 657-2200 x8.

For more information:
Steven Rodin
President
Storagepipe Solutions Inc.
(416) 657-2200 ext. 8