“We are very excited to have Chris join the team,” said Crotty. “We are continually investing in alternate channels and this is a clear sign that both Broadview and Chris understand the value and importance of strong relationships with our trading partners. Chris has shown time and time again to be an effective leader—capable of delivering real results. The leadership team of Chris, Michael and Rob will give Broadview a significant presence in the alternate channels arena and we look forward to great things from the new team.”

Eldredge’s immediate focus will be to recruit and train new partners as Broadview moves to expand their presence in the alternate channel area. The company is targeting traditional telecommunications agents, value-added resellers, technology consultants and others that serve as knowledge leaders and influencers to small-and medium-sized business.

Before joining Broadview Networks, Eldredge was vice president carrier sales and service for frontier communications, one of the leading rural local exchange telephone companies. Prior to Frontier, Eldredge held numerous sales, marketing and operational leadership roles for various telecommunications providers, including Cablevision Lightpath. In all roles, he consistently delivered strong revenue growth.

Eldredge holds a M.B.A. from Dowling College, a M.A. in Public Relations and Advertising from New York Institute of Technology. He received a B.B.A. in Marketing from Hofstra University.

About Broadview Networks www.broadviewnet.com

Broadview Networks is a network-based business communications provider serving customers throughout the Northeast and Mid-Atlantic. 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.