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Hosted PBX and VoIP Service Provider Delivers Key Financial Performance

FOR IMMEDIATE RELEASE
July 16, 2007

Hosted PBX and VoIP Service Provider Delivers Key Financial Performance
CoreDial Demonstrates Ability To Deliver Quality And Operate With Industry Leading Financial Metrics

Plymouth Meeting, PA, July 16, 2007 – CoreDial, LLC, the Mid-Atlantic's leading provider of Hosted PBX, Business-quality VoIP, and related communications services, today announced they have validated their ability to operate with industry leading gross profit margins and other key financial metrics. While the company is private, and does not disclose detailed corporate financial information, executives confirmed that their gross profit margins are expected to be around 65% to 70%, and  EBITDA is expected to range from 25-30 or greater as the company continues its profit focused growth and expansion.