DH Capital, LLC Advises Rapid Communications LLC


NEW YORK, NY and BOULDER, CO--(Marketwire - December 4, 2008) - DH Capital, LLC, an investment banking firm serving the media, Internet and telecommunications industries, served as advisor to Rapid Communications in the sale of its cable television system serving subscribers in and around Clinton, Indiana to Avenue Broadband Communications Inc. Joseph P. Duggan of DH Capital represented Rapid Communications in the transaction.

About DH Capital, LLC:

DH Capital is an investment banking partnership serving the media, Internet and telecommunications industries. Headquartered in New York with offices in Boulder, Colorado, the firm's principals have extensive experience and proven abilities in capital formation, finance, research, business development and operations. DH Capital provides a full range of advisory services to companies and financial institutions including private placements, mergers & acquisitions, financial restructuring, and operational consulting. The principals of DH Capital have led hundreds of transactions including mergers and acquisitions totaling in excess of $10 billion, private equity placements totaling more than $1 billion, and debt placements totaling in excess of $10 billion.

For additional information on DH Capital, please contact us at 212-774-3720 or visit our website at www.dhcapital.com.

About Rapid Communications LLC:

Rapid Communications LLC is a provider of cable television and high speed internet access to rural markets around the United States.

Contact Information: Contact: DH Capital 212-774-3720 www.dhcapital.com