TelNet Announces Acquisition Of DigitalRealm

TelNet Worldwide, Inc. (TelNet) a leading provider of quality business essential
voice, data, internet and application solutions announced its acquisition of
DigitalRealm, a development-driven provider of voice, internet and hosting
services to businesses and consumers. DigitalRealm’s feature-rich voice over IP
(VoIP) unified communication and hosting offerings complement and expand upon
TelNet’s robust suite of IP-based services.

"TelNet and DigitalRealm have enjoyed a long standing relationship, and the
timing was right for us to come together," said Patrick O’Leary, TelNet CEO.
"This acquisition further facilitates our rapid deployment of next generation,
cloud-based services to support our current business base and broaden our
market."

With the acquisition, DigitalRealm principals Ben
Carrasco
and Howard Levine join the TelNet
team, leveraging their extensive engineering and consulting backgrounds to
augment the company’s burgeoning product development efforts. They will also
provide technical direction and leadership in other initiatives that support the
mission of the organization.

"Ben and Howard bring heightened energy, experience and a unique perspective
into what customers are facing," said Mark
Iannuzzi
, TelNet founder and president. "Our coming together furthers
what we collectively do best – use our talents and entrepreneurial verve to
advance the customer experience and step up delivery of smart, productive
services."

Ben Carrasco agreed, adding that, "Being part of
TelNet we now have the resources, infrastructure and organization behind us so
we can focus on implementing and delivering creative solutions. We couldn’t find
a better match to help us grow our business and bring more to our
customers."

"Knowing our customers will benefit was an important factor in our decision
to go with TelNet. TelNet matches our passion for customer support," added Howard Levine.

The acquisition is indicative of TelNet’s commitment to bolster business in
its home state. Establishing itself as the choice provider for Michigan businesses, TelNet offers a portfolio of
comprehensive services and applications that enable businesses here to compete
locally, regionally and globally while containing costs.

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