Broadview Networks Successfully Completes Natural Convergence Asset Purchase.RYE BROOK, N.Y. -- Broadview Networks Broadview Networks is a network-based electronically integrated communications provider (e-ICP) serving small and medium-sized businesses in the Northeastern and Mid-Atlantic United States. today announced it has completed the purchase of select assets of Natural Convergence Inc. (NCI See Liberate. ) of Ottawa, Canada. As a result of the purchase, Broadview Networks now owns the intellectual property of NCI's premier application, Silhouette[TM], as well as other related software and materials. Steve Pequegnat, who will report to Ken Shulman, Broadview Networks' chief technology officer, will lead development and support staff operations in Ottawa. Specific terms of the transaction were not disclosed. About Broadview Networks (www.broadviewnet.com) Broadview Networks is a network-based business communications provider serving customers throughout the Northeast and Mid-Atlantic U.S. Broadview provides the total solution for business communications including local and long distance voice communications; hosted and premises-based VoIP systems; data services encompassing VPN- and MPLS-enabled applications; traditional telephone hardware; high-speed Internet See broadband. services; a full suite of managed services An umbrella term for third-party monitoring and maintaining of computers, networks and software. The actual equipment may be inhouse or at the third-party's facilities, but the "managed" implies an ongoing effort; for example, making sure the equipment is running at a certain quality ; and a range of professional services. Broadview customers benefit from award winning customer service including a web-based account management tool and a primary point-of-contact for real-time, personal customer care. OfficeSuite is a trademark of Broadview Networks. Broadview Networks is a control investment of MCG Capital Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : MCGC MCGC MCG Capital Corporation MCGC Michigan Color Guard Circuit MCGC Malaysia Cocoa Growers Council ). Broadview Networks' largest investors are MCG Capital, Baker Capital, and New Enterprise Associates. |
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