Speakeasy Broadband and VoIP Services Continue to Grow

SEATTLE—March 14, 2006—Speakeasy, one of the nation's largest independent providers of broadband data and voice communication solutions, has experienced rapid growth in the small and medium business (SMBs) category and is poised for even greater expansion in 2006.

This past year, Seattle-based Speakeasy experienced unprecedented revenues of $65 million, a 24 percent increase due heavily to successful penetration of the SMB market and the introduction of new services such as VoIP. The company's business segment revenue increased 56 percent vs. 2004 and these customers now represent more than one-third of Speakeasy's broadband connections and 58 percent of total revenue. Speakeasy's anticipated 2006 growth is just as strong with a projected 27 percent increase in total company revenue.

Responding to rapid customer growth in the Silicon Valley region, Speakeasy is announcing today the opening of a new sales office in Cupertino, CA. Due to the success of its bundled small business voice and data offerings, Speakeasy has seen its Business expand quickly in San Francisco, San Jose and the surrounding areas. These cities now represent the company's largest and fastest growing customer base.

Speakeasy Business VoIP will continue to be the company's flagship product in 2006. Small businesses are realizing the advantages of having a single supplier provide both voice and data connectivity at a fraction of the cost of traditional PBX. Speakeasy's hosted VoIP solution helps businesses reduce capital and operational expenses, improve employee productivity through advanced calling features, and simplify telecommunications management. According to a recent Yankee Group survey, 70 percent of small and medium businesses indicate they would prefer a Hosted VoIP solution to a premises-based IP PBX solution. As John Wells, Director of IT for Speakeasy Business VoIP customer Pace International, notes, "When you combine all these benefits, switching to Speakeasy VoIP rapidly becomes a no-brainer."

From the indirect channel perspective, Speakeasy's Partner Program offers IT consultants, technology service firms and telecom resellers unique opportunities to grow both revenue and client satisfaction. Speakeasy's network and customer support both achieve a 95% customer satisfaction which helps set it apart in the industry and deliver superior voice and data options. Additionally, Partners are attending Speakeasy's VoIP Training and Certification classes to discover how to deliver market-leading telecommunications services to their clients while generating significant revenues for their own firms.

Speakeasy is truly innovative, customer focused and constantly evolving to solve problems. As a company that expanded from its original origins as an Internet caf , Speakeasy is uniquely qualified to champion the issues and provide solutions for small and medium businesses.

About Speakeasy
Speakeasy, the nation's largest independent broadband services company, is focused on meeting the needs of discerning businesses, professionals and those who depend on the Internet for higher productivity in life. Speakeasy manages its own private fiber-optic national network, ensuring fast connections, low latency, and an unparalleled degree of security protection from the public Internet. Speakeasy offers a full range of innovative services, including OneLink dedicated DSL, VoIP, online gaming services, and multiple business-grade connectivity options. Customers rave about the personalized and highly competent support they receive from Speakeasy's Seattle-based customer service team. Speakeasy's broadband services are available in most metropolitan areas within the 48 contiguous United States. Those interested in Speakeasy can visit www.speakeasy.net or call 800.556.5829.

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