Ten Year Old Service Provider Announces Spin-Off of VoIP Division and New CEO
CEO to Lead Growth and Expansion of Hosted PBX and VoIP Services Company

Coatesville, PA, July 1, 2005 – Ten year old Service Provider and leading provider of Hosted PBX and VoIP services today announced the spin-off of its three year old VoIP division. The new entity, CoreDial, LLC, will be headed up by experienced entrepreneur and CEO Alan Rihm. All customers, technology, and founders William Hamel and Terry Ryan will accompany Mr. Rihm at CoreDial.

Mr. Rihm has been instrumental in guiding multiple emerging growth technology firms through critical growth and expansion phases. "Alan posseses the leadership skills necessary to guide us in this critical phase of growth", says William Hamel, CTO of CoreDial. "In addition, Alan has demonstrated his ability to implement operational and business development best practices, attract talented employees and key funding sources, all while remaining completely focused on delivering quality and value to our Customers and Resellers".

"The company has achieved some very impressive business and technological milestones over the past several years", said Alan Rihm, CEO of CoreDial. "The time is now for CoreDial to accelerate our growth and expansion, and to capitalize on our leadership position in the markets we serve. Just as important will be our ability to refine and clarify our corporate vision, values, and goals, as well as attract and retain talented employees and executives, and most importantly create passionate customers. We must keep our eye focused on delivering the highest quality AND value, while creating opportunities for our employees, their families, our customers and partners, and CoreDial shareholders."

About CoreDial, LLC

CoreDial, LLC, is a leading provider of Hosted Phone Systems ("Hosted PBX") and Voice over Internet Protocol ("VoIP") services for emerging growth and mid-sized businesses based in the United States. CoreDial makes buying or upgrading a business phone system extremely cost effective, easy to manage, and even reduces monthly telecommunications expenses. Our platform offers better scalability and business continuity options compared to customer premise based phone systems. We provide the lowest total cost of ownership by eliminating the need for customers to buy expensive hardware and software that usually resides in a phone closet. Expensive service contracts are also a thing of the past. CoreDial seamlessly interconnects multiple offices and mobile workers with our national footprint, and we have the perfect calling plan to meet virtually any business requirement.

To learn more about the CoreDial products and services, please visit www.coredial.com.

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CoreDial is a trademark of CoreDial, LLC. All other trademarks or registered trademarks are registered and protected by their respective owners.