DH Capital Announces Closing of $48,000,000 Financing for Cervalis, a Premier Provider of IT Infrastructure Solutions

NEW YORK, NY and BOULDER, CO--(Marketwire - July 7, 2009) - DH Capital, LLC ("DH Capital"), a leading investment banking firm serving companies in the Communications and Internet Infrastructure sectors, announced the closing of $48,000,000 in senior credit facilities for Cervalis LLC ("Cervalis") from a consortium of commercial lending institutions. Cervalis is a premier provider of IT infrastructure solutions including business continuity and rapid recovery, managed hosting, managed security, managed storage, networking, telecommunications, and co-location. The financing will be used for the construction of a new, state-of-the-art data center and business continuity facility in northern New Jersey and to refinance existing indebtedness. The Company will have a unique data center footprint across the tri-state area including high-end facilities in New York, Connecticut and northern New Jersey.

"We are very pleased to have closed this important financing. DH Capital did a terrific job guiding us through the entire process and bringing together a knowledgeable group of relationship-oriented lending institutions to support our growth strategy," stated Michael Boccardi, CEO of Cervalis. He continued, "The additional capital will enable us to expand into a key market and meet customer demand for customized high availability, high power density data center and business continuity solutions."

"While the credit markets are still challenging, quality data center operators can attract capital for growth," stated Mark Thorsheim, Managing Director of DH Capital. "The lenders recognized the strength of Cervalis' existing business and understood the importance of the Company's expansion. Cervalis will be rewarded for executing its business strategy and the lenders for supporting their plan."

DH Capital served as exclusive financial advisor to Cervalis on the transaction.

About Cervalis LLC

Cervalis is a premier provider of IT infrastructure solutions including business continuity / rapid recovery, managed hosting, managed security, managed storage, networking & telecommunications and co-location. The company's skilled professionals, world-class facilities and outstanding customer support provide our clients with a secure IT environment that ensures business resilience.

For additional information about Cervalis please visit the company website at www.cervalis.com.

About DH Capital, LLC

DH Capital is a private investment banking partnership serving companies in the Communications and Internet Infrastructure sectors. 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 mergers & acquisitions, private capital placements, 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 about DH Capital, please contact us at 212-774-3720 or visit our website at www.dhcapital.com.

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