Ted Leonsis joins Bridgevine Board of Directors

TED LEONSIS JOINS BRIDGEVINE BOARD OF DIRECTORS

AOL Vice Chairman Emeritus, Internet visionary underscores value of new consumer web site for bundled services

ATLANTA, Georgia and VERO BEACH, Florida — February 27, 2008 — Bridgevine, Inc., the trusted source for consumers looking to conveniently compare and shop for the services that shape their lives, today announced the appointment of Ted Leonsis, AOL Vice Chairman Emeritus, to the Bridgevine board of directors. One of the nation’s most accomplished businessmen, Leonsis joins Bridgevine with a legendary background as an Internet visionary, new media entrepreneur, professional sports team owner, filmmaker and respected leader.

“We are thrilled to welcome Ted as Bridgevine’s newest board member,” said Vinny Olmstead, president and CEO of Bridgevine. “Clearly, Ted brings incredible insight and knowledge to our team. His support and interest in Bridgevine underscores our company’s innovative value proposition and reinforces our vision as we set out to transform the way consumers shop for a broad array of services efficiently and cost effectively.”

Leonsis joins the Bridgevine board of directors just as the company has launched its Internet site enabling consumers to compare and shop for the best deals on services. From HDTV and VoIP to digital entertainment and home security, Bridgevine.com lets consumers choose individual services that are best for them or create personalized bundles from trusted providers resulting in saved time and money. Bridgevine’s partner network includes trusted brand name providers such as Comcast, AT&T, D-Link, Time Warner, Verizon, DIRECTV, RealNetworks, Panasonic and GameFly.

“I am impressed with Bridgevine’s leadership team, its scope of partnerships and its underlying technology,” said Leonsis. “Undoubtedly, there is a need for simplification in evaluating and selecting the services that we all depend on in our lives. Bridgevine is delivering on its promise to help consumers save time and money as they choose services from trusted providers, and I look forward to lending my insight and direction as the company embarks upon its next stage of growth.”

During Leonsis’ 15-year career with AOL, the company enjoyed its greatest periods of growth and financial success. Leonsis now serves as vice chairman emeritus, having stepped down from day-to-day management at AOL in 2006.

Ted currently also serves as Chairman of Revolution Money (formerly GratisCard, Inc.), an innovative Web 2.0 payment platform and credit-card service, and Clearspring Technologies, the leading provider of cross-platform widget services. Earlier in his career, Leonsis was the founder of several new media companies including Redgate Communications Corporation, a pioneering new media company that was the first company acquired by AOL. Leonsis was the founder of six personal computer magazines, authored four books, and worked on the introduction of the IBM PC and the Apple Macintosh.

Ted is also the founder, chairman and majority owner of Lincoln Holdings LLC, a sports and entertainment company that holds ownership rights in several Washington, DC entities including 100 percent of the NHL's Washington Capitals and the WNBA's Washington Mystics. Lincoln Holdings also owns approximately 44 percent of Washington Sports and Entertainment Limited Partnership (WSELP), which owns the NBA's Washington Wizards, DC's Verizon Center and the Baltimore-Washington Ticketmaster franchise. In addition to Lincoln Holdings LLC, Ted also has investments and/or sits on the board of directors for several companies including: Agents LLC; Animal Attraction; Beacon Capital Strategies LLC; Bridgevine, Inc; Capitol Acquisition Corp.; Geneva Acquisition Corp.; GridPoint; Lunchbox Digital; Mahalo.com; Mobile Posse; Object Video; Podshow and Qloud.

A major philanthropist, Leonsis is very involved with numerous charities, including Best Buddies, Hoop Dreams, See Forever Foundation, Youth Aids and others through the work of the Leonsis Foundation. Among his many honors, Leonsis has been named Washington's Businessman of the Year, a Washingtonian of the Year, one of the 20 most influential people in sports, one of America's most creative executives and a top 10 entrepreneur of the year.

About Bridgevine
Founded in 2003, Bridgevine, Inc. is headquartered in Vero Beach, FL with an office in Atlanta, GA. The company’s consumer-facing website, Bridgevine.com, is a trusted source for consumers to learn about, compare and shop for the services that shape their lives. From communications to entertainment to security, Bridgevine.com lets consumers choose individual services that are best for them, or create personalized bundles from trusted providers resulting in saved time and money. Unlike other “comparison” shopping websites, Bridgevine’s powerful technology offers a unified shopping cart, real-time pricing, order status and scheduling to deliver the best customer experience in the industry. Bridgevine’s deep integration with leading service providers from across the country — including Comcast, AT&T, D-Link, Time Warner Cable, Verizon, DIRECTV, RealNetworks, Panasonic, GameFly and more — enables Bridgevine to deliver the most accurate information on services, pricing and special promotions, adding even more value to the bundled services shopping experience. The company’s proprietary ecommerce platform is licensed by leading retailers, websites and Fortune 500 companies, making it possible for them to monetize online, call center and in-store traffic. Bridgevine was ranked 57 on the prestigious 2007 Inc. 500 list of fastest growing private companies. For more information, please visit www.bridgevine.com.

Time Warner to test Internet billing based on usage

Time Warner Cable Inc said on Wednesday it is planning a trial to bill high-speed Internet subscribers based on their amount of usage rather than a flat fee, the standard industry practice.

The second largest U.S. cable operator said it will test consumption-based billing with subscribers in Beaumont, Texas later this year as a part of a strategy to help reduce congestion of its network by a minority of consumers who pay the same monthly fee as light users.

The company believes the billing system will impact only heavy users, who account for around 5 percent of all customers but typically use more than half of the total network bandwidth, according to a company spokesman.

Slowing network congestion due to downloading of large media files such as video is a growing problem for Time Warner Cable. The company said the problem will worsen as video downloading becomes more popular.

New Service Lets MDU Residents Choose Digital and Bundled Service Providers

Broadband National’s new “MDU Module” enables property managers to provide unbiased information and access to Internet, television, digital phone, rental insurance, home security and more

Broadband National, Inc., the leading ecommerce platform promoting digital services and products, today announced a new application focused on the 20 percent of U.S. households that move annually. The new “MDU Module” is a turn-key application that allows owners and management companies of multi-dwelling units (MDUs) to offer residents a seamless process to order services that are typically required when moving into a new apartment or condominium. The company’s MDU Module will provide the millions of Americans living in apartments and other multiple dwelling units with access to the largest selection of services backed by an unbiased, unified comparison and ordering experience.

The announcement comes on the heels of a recent Federal Communications Commission (FCC) Report and Order which makes exclusive deals between network operators and the owners of MDUs illegal. The Broadband National offering addresses this new freedom of choice by enabling owners and managers of MDUs to provide their residents with unbiased information and access to a number of digital services including Internet, cable and satellite television, and digital telephone. Owners and managers will also have the flexibility to customize the module to offer additional services, such as renters’ insurance, security systems, appliance and furniture leases, grocery delivery services and more.

“The MDU Module was designed to help property owners and managers not only remain in compliance with the FCC ruling, but also to streamline their own operations while enabling their residents to conveniently choose the best available services in their area,” said Vinny Olmstead, president and CEO of Broadband National. “The offering truly enables MDU managers to become a trusted, one-stop resource for their residents by leveraging Broadband National’s insight and access to thousands of service options.”

Several top real estate management companies have already selected the Broadband National Module to deliver this new level of convenience to residents at properties across the country. The service is scheduled for general availability in Q1 2008. For more information, contact Mark Weibel at (772) 316-1007.

About Broadband National, Inc.

Broadband National is a leading online ecommerce platform that enables consumer and business users to research, compare, and purchase services such as high speed Internet, television, gaming, VoIP, photo sharing, videos, home security, and more on its proprietary IBIS software. Advertisers such as Comcast, AT&T, D-Link, Panasonic, and DIRECTV use the highly configurable and flexible platform to promote services in a convenient, customer-friendly format. The IBIS platform powers more than 1,000 websites and is also leased to many Fortune 500 companies enabling them to monetize online, call center, and in-store traffic. For more information please visit www.broadbandnational.com.

Time Warner Goes Small With VOD

Time Warner Cable Inc. (NYSE: TWC - message board) is rolling out video-on-demand (VOD) services for the first time in some of its smaller markets, thanks to a new back-office configuration from Tandberg Television and a centralized, satellite-based video delivery system.

Initially, Time Warner Cable's National Division is using the Tandberg kit to offer VOD in four markets: Clarksburg, W.Va.; Dothan, Ala.; Fort Benning, Ga.; and Terre Haute, Ind. The MSO expects to expand it to 10 additional markets by year's end. (See table.)

Time Warner's National Division consists mostly of smaller, more scattered cable systems.

The MSO is offering VOD services in some of those systems using a special configuration of Tandberg's OpenStream system, but managing VOD services centrally from the National Division's headquarters in http://www.blogger.com/img/gl.link.gifDenver. The operator is also using Tandberg's "Xport Producer" system to deliver local on-demand content to each system.

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