North Central Equity LLC Agrees to Sell the Business of Acceris Management and Acquisition LLC to First Communications LLC

Business Wire, Jan 18, 2007

MINNEAPOLIS -- North Central Equity LLC is pleased to announce that it has recently entered into an Asset Purchase Agreement with First Communications LLC of Akron, Ohio to sell the telecommunications business and assets of its subsidiary, Acceris Management and Acquisition LLC d/b/a Acceris Communications. The transaction is subject to regulatory approval and other customary closing conditions with an anticipated closing in the first quarter 2007.

"We are extremely pleased with our investment in Acceris Communications and with the operational improvements achieved since our acquisition of Acceris in 2005," said Elam Baer, Chief Executive Officer of North Central Equity. "This is a very positive transaction for Acceris' agents and customers and we are confident that the products, resources and strengths of First Communications partnered with the Acceris agent distribution channels will create a significant competitive advantage in the marketplace."

About First Communications LLC

First Communications is a full-service telecommunications company that has served Ohio and a national customer base for over 20 years. First Communications offers its customers state-of-the-art technologies coupled with first-rate customer care. First Communications is a leading provider of a cutting edge high speed Internet delivery platform known as In Building Broadband over Powerline. First Communications offers local and long-distance phone packages and cellular service to business customers, while offering similar services to residential customers. First Communications, headquartered in Akron, is located at 3340 West Market Street and on the web at www.firstcomm.com.

About North Central Equity LLC

North Central Equity LLC is a Minneapolis, Minnesota based privately-owned holding company. North Central Equity focuses on strategic acquisitions in the service, distribution, manufacturing and business segments, and especially in the business-to-business computer value-added reseller industry.