Broadview to Acquire InfoHighway

RYE BROOK, N.Y. -- Broadview Networks Holdings, Inc., a privately held, leading provider of integrated communications and managed security services, today announced that it has signed a definitive agreement to acquire InfoHighway Communications, a New York-based provider of hosted and managed communications solutions serving business customers in the Mid-Atlantic and Northeast regions of the U.S.

The combined company serves approximately 80,000 small and mid-sized business customers in 20 markets from Maine to Virginia, including major metropolitan areas such as New York, Philadelphia, Boston, and the Baltimore-Washington corridor. By delivering a comprehensive suite of integrated voice and data communications, hosted VoIP applications, and managed network solutions, the companies generated annual revenues in excess of $500 million in 2006 on a combined basis.

“The InfoHighway acquisition represents an important step in the continued evolution and growth of Broadview Networks,” said Michael K. Robinson, President and Chief Executive Officer of Broadview. “This addition to the Broadview family increases our technological assets and expertise, giving us more competitive offerings to meet the growing demand for communications infrastructure, security, and productivity solutions among small and mid-size businesses. We will have robust direct and indirect sales channels and significant market density, particularly in New York, Pennsylvania, and New England.

Broadview Networks Holdings Inc.