RYE BROOK, NY – Oct. 16, 2008 Broadview Networks, a leading business communications provider, has again been identified as a Top 50 Channel Program. The results of the Phone+ magazine survey, voted upon by more than 1,000 indirect sales partners, were published in the magazine’s 2008 Channel Program Guide special issue on October 15th.

Broadview was voted one of the best for setting the standard in agent programs, among nearly 200 communications providers. The winners represent communications suppliers -- carriers, resellers, master agents and manufacturers – who provide their agents with that extra something -- extra attention, rapid quotes, sales training or special promotions -- that makes agents want to do business with them.

“Broadview is pleased to again receive recognition for our Agent Partner Program by the indirect sales community, through such a valued industry resource as Phone+”, said Robert Westervelt, Vice President Indirect Sales for Broadview Networks. “We have invested significant time, energy and financial resources in the program to ensure that our Agents have the training, tools and other resources they need to be successful.”

“PHONE+ is very proud to honor Broadview Networks as a Top 50 Channel Program winner. Their support for the indirect channel in the telecom industry is much appreciated and lauded,” said Mike Saxby, Group Publisher for PHONE+.

Broadview’s Agent Partners receive a robust portfolio of innovative products, industry leading systems and support, and attractive incentive plans. For more information about Broadview’s Agent Partner Program visit http://www.broadviewnet.com/Agent, call 1.866.271.8666 or email agentinfo@broadviewnet.com.

About Broadview Networks (www.broadviewnet.com)
Broadview Networks is a network-based business communications provider serving customers throughout the Northeast and Mid-Atlantic U.S. Broadview provides the total solution for business communications including local and long distance voice communications; hosted and premises-based VoIP systems; data services encompassing VPN- and MPLS-enabled applications; traditional telephone hardware; high-speed Internet services; a full suite of managed services; and a range of professional services. Broadview customers benefit from award winning customer service including a web-based account management tool and a primary point-of-contact for real-time, personal customer care.

Broadview Networks is a control investment of MCG Capital Corporation (NASDAQ: MCGC). Broadview Networks’ largest investors are MCG Capital, Baker Capital, and New Enterprise Associates.

About PHONE+ (www.phoneplusmag.com)
PHONE+ magazine is the country’s leading publication for communication distribution channels. For more than two decades, PHONE+ has been the undisputed leader in providing news and analysis to alternate distribution channels serving the communications industry. It is the unrivaled resource for resellers, aggregators, agents, brokers, VARs, systems integrators, interconnects and dealers that provide network-based communications and computing services and associated CPE, applications and professional services.

PHONE+ includes a monthly print publication, a Web resource (www.phoneplusmag.com), a weekly newsletter as well as special issues, such as the Channel Program Guide.