Client Company News
SOURCE: Boston Ventures

BOSTON VENTURES ANNOUNCES INVESTMENT IN HARRON COMMUNICATIONS, LP.

BOSTON & FRAZER, Penn.--Sept. 20, 2005--Boston Ventures announced today that it has invested $50.0 million in Harron Communications, LP, as part of an overall recapitalization of the Company in partnership with the Harron family and management. Harron Communications owns multiple cable systems which operate under the name MetroCast and serve approximately 110,000 cable television customers located in New Hampshire, Maine, Pennsylvania, Maryland and Virginia.

"We are excited about partnering with the Harron family and helping them grow the business both internally and through acquisitions," said Lou Bertocci, a principal of Boston Ventures. "Management has an outstanding track record in the cable industry and has done a terrific job operating the MetroCast systems." Boston Ventures has a long history in the cable sector, having backed numerous cable companies in the past including Continental Cablevision, Falcon Cable, First Carolina, and Vista Broadband.

Joel Cohen, CEO of Harron Communications, added "Boston Ventures successful track record in the cable industry, along with their appreciation of the opportunity and potential of this business, made them an ideal partner for us. We expect their insights and expertise will prove an invaluable resource as we seek to grow and build value in our business."

Lou Bertocci, Tony Bolland and Copey Coppedge led this investment for Boston Ventures.

About Harron Communications
Through its two operating subsidiaries, Harron Communications provides cable television and broadband services to approximately 110,000 customers in five states: New Hampshire, Maine, Pennsylvania, Maryland and Virginia. The Company operates state-of-the-art cable systems capable of offering a full suite of advanced services including high-speed Internet, digital cable, video-on-demand, high-definition TV, and digital video recorders. The Company is headquartered in Fraser, PA. For more information, please visit www.metrocastcablevision.com.

About Boston Ventures
Founded in 1983, Boston Ventures is one of the oldest and most experienced media and communications focused private equity funds in North America. Since inception, the Firm has invested $2.2 billion in 65 companies. The Firm targets investments in the media, information and publishing, entertainment, and communications industries. The Firm is currently investing its sixth fund which has total committed capital of approximately $700 million. For more information, please visit www.bostonventures.com.