BDC Capital Breaks Ground on DigitalTown

Company's New Division Holds the "Keys to the City" of Its New Social Network


MINNEAPOLIS, MN -- (MARKET WIRE) -- October 23, 2006 -- BDC Capital, Inc. (OTCBB: BDCN) today introduced DigitalTown, its new operating division and its social-networking community of the same name. Now under construction, DigitalTown will be a dynamic online "hometown," bringing together high school students and alumni in the communities where they live and across the country.

Like all physical towns and cities, DigitalTown holds valuable real estate. It owns about 27,000 U.S. high school domains formed by combining the name of the school with its mascot and ending in ".com" -- for example, burnsvilleblaze.com or edinahornets.com.

"Most Americans foster a sense of inherent ownership and passion toward their schools and mascots. This passion that they carry around all their lives is a natural catalyst for staying connected with their school, whether for themselves or their children," David R. Pomije, chief executive officer of BDC Capital, said. "At DigitalTown, high school classmates and alumni will meet and share in a live, open online community. DigitalTown represents the next generation of social network experience to give students, 14 years and up, and graduates and community members a one-of-a-kind place to belong. Best of all, it's going to be cool!"

At DigitalTown high school students will be able to participate in many activities, including:

--  send email and instant messages through personal addresses tied to
    their schools -- for example, Richard@burnsvilleblaze.com;
--  create their own yearbook pages;
--  share photos, videos and personal updates;
--  compete in virtual online sports competitions across conferences,
    states and the country based on their actual school teams;
--  form personal cliques in their school, town, conference, state and
    across the entire country with others who share the same interests,
    passions and dreams.
    
As high school kids move on to college and career, DigitalTown evolves with them, making it simple for them to reconnect with former classmates and strengthen their bonds to each other, their schools and their hometowns. Their personalized DigitalTown can be as big or as small as they like -- the decision is theirs.

"High school students bond deeply with each other and dream that they always will stay connected. That has been hard to achieve until now," Pomije said.

At DigitalTown former classmates, ardent school boosters and volunteers will be able to:

--  renew old friendships and form new ones;
--  communicate easily by using the school-oriented domain email system;
--  plan class reunions;
--  organize teams and clubs and their boosters;
--  interact easily with parents, school administrators and faculty.
    
Approximately 16 million students attend U.S. high schools, and each year about 25 percent graduate into the alumni ranks while a similarly sized group -- four million -- enter as freshman. The student population is stable, and the alumni group ever-expanding, making the domains at DigitalTown self-perpetuating.

According to an October 2006 report from Compete Inc., online social networks such as MySpace, Facebook and YouTube "have grown 109% since January 2004 and are on pace to eclipse web titans Google and Yahoo in the early part of next year....When online socialites join a service, the network effect is profound. Ever-expanding member bases create new content as each new member generates profiles, posts and connections for the community as a whole to consume."

As construction booms in DigitalTown, online updates and information can be found by visiting www.digitaltown.com.

About DigitalTown

DigitalTown is a division of BDC Capital, Inc., based in Burnsville, MN, and is developing a social-networking community for high school students and alumni. Any statements contained herein related to future events are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on forward-looking statements. BDC Capital, Inc. undertakes no obligation to update any such statements to reflect actual events.

Contact Information: Contact: BDC Capital, Inc. Marcia Appel (952)890-2362 Email Contact