Vicom Retains SBI E2-Capital USA - US Investment Banking Arm of SOFTBANK Investment Corp. Japan -

Business Wire, May 14, 2002

Business Editors & Technology Writers

MINNEAPOLIS--(BUSINESS WIRE)--May 14, 2002

Vicom, Inc. (Nasdaq:VICM), today announced that it has engaged SBI E2-Capital (USA) Ltd, SOFTBANK Investment Corp Japan's new U.S. investment banking arm to assist in the execution of its corporate finance strategy.

"The engagement of SBI E2-Capital USA represents an important step forward in Vicom's development," said James L. Mandel, Chief Executive Officer of Vicom. "The visibility of our corporate objectives has tended to be very regionalized. With the assistance of SBI E2-Capital USA, we intend on bringing the vision and execution of our business model to a much broader national and international audience of investors and bankers."

"We are excited about the prospects of working with Jim Mandel and the Vicom team," commented John Wang, Chief Operating Officer and Executive Vice President of SBI E2-Capital USA. "We believe the Company has positioned itself extremely well in both the convergent technology application and Multi Dwelling Unit consumer services areas. The Company's Corporate Technologies division is a leader in networking integration while their startup division, Multiband, has seen significant traction in its deployment of dial tone, TV, and high speed Internet services to residents of apartments."

About Vicom, Inc. -

Vicom, Inc., through its Corporate Technologies USA, Inc. and MultiBand, Inc. subsidiaries, provides a full range of voice, data and video communications systems and subscriber services, including products from Siemens, NEC, ECI/Tadiran, Compaq, Active Voice, Cisco, Nortel, IBM, and Microsoft. Vicom has provided clients state-of-the-art systems and services since 1975 and can be found on the Internet at: www.vicominc.net.

Vicom's MultiBand subsidiary delivers satellite-based digital cable television, local dial tone, long distance and high-speed Internet services on one combined billing and delivery platform to residents of multi-dwelling properties. For information regarding MultiBand services, please visit our website at: http://www.multiband.tv/.> The Corporate Technologies USA, Inc. subsidiary provides service, system integration, training and related communications sales and support activities for commercial, professional and institutional users. For information about Corporate Technologies, USA services, please visit our website at: www.corptech.net.

About SBI E2-Capital (USA) Ltd.

SBI E2-Capital (USA) forms part of SBI E2-Capital Limited ("SBI E2-Capital Group"), a financial services joint venture between Hong Kong-listed companies SOFTBANK Investment International (Strategic) Limited ("SOFTBANK Strategic", stock code 0648HK) and E2-Capital (Holdings) Limited ("E2-Capital Group", stock code 0378HK). SBI E2-Capital (USA) comprises an investment banking team with expertise in public and private fundraising, deal structuring and other financial advisory services for middle-market companies in multiple technology and high growth sectors. SBI E2-Capital Group offers comprehensive services in the investment banking, financial products, asset management and broking services sectors. Current business activities in these areas extend across Hong Kong, the PRC, Singapore and the United States. With the support of SOFTBANK Strategic and E2-Capital Group in Hong Kong, as well as SOFTBANK Investment Corp. and SOFTBANK Finance Corp. in Japan, SBI E2-Capital Group is positioned to emerge as a global force in the financial services arena.

SOFTBANK Group Japan is pioneering the global Internet economy with innovation, capital and expertise -- building great Internet companies whose products and services will over time enhance the quality of life throughout the world.

For more information about SOFTBANK, visit its Web site at http://www.softbank.com, and for more information on SOFTBANK Investment International (Strategic) Limited, visit its Web site at http://www.softbank.com.hk.

The discussion above contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements by their nature involve substantial risks and uncertainties. Actual results may differ materially depending on a variety of factors.