Press Releases
SOURCE: DH Capital, LLC

DH CAPITAL ADVISES AMERICAN BROADBAND NETWORK SOLUTIONS IN $2,050,000 PRIVATE DEBT PLACEMENT

NEW YORK, NY - Sept. 2, 2003 - DH Capital, LLC, a New York City based investment bank, announced today that it served as exclusive financial advisor to American Broadband Network Solutions in the private placement of $2,050,000 of senior secured notes.

"We are pleased to have assisted American Broadband in arranging this financing. American Broadband's targeted business model of providing customized high speed networking solutions, over existing excess fiber facilities, has proven to be an attractive proposition for customers, network partners and investors. We look forward to assisting American Broadband as they continue their growth" stated Peter Hopper, Founder and Principal of DH Capital.

American Broadband, founded by Stephen John, is a newly formed private network service provider based in Uniontown, Pennsylvania. American Broadband is focused on providing customized, engineered, high-capacity, optical network services to enterprise and institutional customers.

"DH Capital was invaluable in securing the necessary capital to launch American Broadband," said Stephen John. "I am encouraged by the response we have received in the marketplace and from the financial community in completing this transaction."

About DH Capital, LLC
DH Capital is a private investment banking partnership serving the media, Internet and telecommunications industries. The firm capitalizes on more than seventy years of combined experience in financing, acquiring, selling and operating companies. DH Capital specializes in providing a full range of advisory services to companies and financial institutions including private placements, mergers & acquisitions, financial restructuring, and operational consulting. The principals of DH Capital have led hundreds of transactions including M&A totaling in excess of $10 billion, private equity placements totaling more than $700 million, and debt placements totaling in excess of $7 billion.

For additional information on DH Capital, please contact us at 212-698-7990.