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ITC^DeltaCom, Inc. Secures $7.5 Million Lease Facility With Relational Technology Solutions

Posted on: Monday, 12 March 2007, 12:00 CDT

Relational Technology Solutions (RTS), one of the largest independent technology leasing and converged technology solutions providers in North America, announced today that it has formalized a $7.5 million lease facility with ITC^DeltaCom, Inc., a leading provider of integrated communications services to customers in the southeastern United States.

The multi-million dollar facility will be utilized by ITC^DeltaCom, Inc. to upgrade its fiber optic network, spanning 14,500 route miles and 101 voice and data switches, and serving more than 50,000 business customers in its primary eight-state region. The company plans to utilize the facility to implement networking technology from such leading manufacturers as ADTRAN, Cisco, Infinera® and Nortel™.

"We're pleased to welcome Relational Technology Solutions as a new strategic financing partner," said Richard E. Fish, Executive Vice President and Chief Financial Officer at ITC^DeltaCom, Inc. "Along with helping us accelerate our network upgrade, the additional funding provided by this lease facility significantly enhances the company's liquidity profile and allows us to maintain our aggressive growth strategy."

"The telecommunications industry is doing a great job of responding to market demand for integrated voice, data and online capabilities," said Jeff Ehlers, Chief Executive Officer at Relational Technology Solutions. "In collaborating with organizations such as ITC^DeltaCom, RTS is playing an important role. Along with hastening the company's ability to meet customer needs, we are helping ITC^DeltaCom upgrade the speed and reliability of its networking infrastructure, a critical point of differentiation in this highly competitive market."

About ITC^DeltaCom, Inc.

ITC^DeltaCom, Inc. ("ITC^DeltaCom") headquartered in Huntsville, Alabama, provides, through its operating subsidiaries, integrated telecommunications and technology services to businesses and consumers in the southeastern United States. ITC^DeltaCom has a fiber optic network spanning approximately 14,500 route miles, including more than 11,000 route miles of owned fiber, and offers a comprehensive suite of voice and data communications services, including local, long distance, broadband data communications, Internet connectivity and customer premise equipment to end-user customers. ITC^DeltaCom is one of the largest competitive telecommunications providers in its primary eight-state region. ITC^DeltaCom has interconnection agreements with BellSouth, Verizon, SBC, CenturyTel and Sprint for resale and access to unbundled network elements and is a certified competitive local exchange carrier (CLEC) in Arkansas, Texas, Virginia and all nine BellSouth states. For more information about ITC^DeltaCom, visit ITC^DeltaCom's Web site at http://www.deltacom.com.

About Relational Technology Solutions

Relational Technology Solutions (RTS) is a premier independent technology and financial solutions provider dedicated to helping its clients solve business challenges with an integrated suite of solutions for technology acquisition, finance and disposition. Founded in 1990, the company now manages nearly $1 billion in assets for Fortune 2000 and midmarket companies across all industries. Visit http://www.rts.comfor more information.

NOTE TO EDITORS: There is a caret in the company name between ITC and DELTACOM. This symbol may not appear properly in some systems.

Source: Business Wire

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