LightEdge Solutions Acquired by Anschutz Company

Released on: March 24, 2008, 7:21 pm

Press Release Author: Scott Riedel

Industry: Telecommunications

Press Release Summary: Anschutz returns to telecom with acquisition of LightEdge
Solutions, a business-grade VoIP and managed services company.

Press Release Body: Company capitalized for aggressive expansion of managed Voice,
Data and IT Services for small and medium sized businesses

DES MOINES, Iowa, March 25, 2008 - LightEdge Solutions, a leading provider of
managed business services, today announced that it has been wholly acquired by The
Anschutz Company for an undisclosed amount. The acquisition includes the purchase of
all outstanding stock, retirement of all accumulated debt and access to growth
capital for an aggressive operational and strategic expansion. All employees will be
retained through the acquisition. The LightEdge executive management team will
remain and continue to manage the company through an aggressive national expansion.

"With Anschutz Company's expertise in the communications industry and the access to
growth capital, LightEdge will be able to better fulfill our corporate vision of
providing affordable, highly-reliable managed voice, data and IT services to small
and medium-sized businesses in our current and new markets." said Jim Masterson,
chief executive officer and chairman of LightEdge Solutions. "We are now, more than
ever, poised to provide our customers the long term partnership we have always
promised."

LightEdge Solutions had initially become successful as a provider of reliable
high-speed Internet and Wide-Area-Networks for small and medium-sized businesses in
the mid-90's. In 2003, the company expanded its product offerings by creating an
enterprise-grade Voice-over-IP telephony platform. At a time when most companies
only offered Converged Access, LightEdge went to market with both Converged Access
and Hosted PBX VoIP products. In 2006 LightEdge partnered with a local developer to
create a stand-alone, unified data center and business continuity work facility.
This facility houses nearly 10,000 square feet of data center space and an equal
amount of workspace for business continuity activities. The company is currently
developing a completely integrated hosted communication suite based on Microsoft's
Exchange, Communicator and SharePoint products.

With the financial backing of the Anschutz Company, LightEdge is positioned
extremely well to duplicate its business successes in new markets across the country
to become a national managed IT service provider. Growth will initially come
organically through enhanced sales and marketing initiatives in the existing markets
of Des Moines, Minneapolis, Kansas City, Omaha, Phoenix, the Quad Cities and new
markets. .

About the Anschutz Company
The Anschutz Company is a diversified, privately owned investment firm, owning or
with major investments in over 100 companies represented primarily in the fields of
energy, pipelines, agriculture, real estate, film production, movie theaters,
telecommunications, sports, entertainment, and newspaper publishing.

About LightEdge Solutions
LightEdge Solutions empowers businesses to be productive, mobile and effective with
managed voice and data services delivered through a multi-homed, Cisco Powered
Network data center environment. By out-tasking voice, data and IT services, small
and medium-sized businesses are able to realize unparalleled scalability and
reliability with a lower total cost of ownership and reduced administration.
LightEdge Solutions® is a registered trademark of LightEdge Solutions, Inc. For more
information, visit www.lightedge.com.

LightEdge Solutions®, the LightEdge Solutions logo and Scale-on-DemandT are
trademarks, registered trademarks, or service marks of LightEdge Solutions, Inc.

# # #

LightEdge Solutions Media Contact
Scott Riedel
515.471.1256
sriedel@lightedge.com



Web Site: http://www.lightedge.com/company/pressreleases/20080325.html

Contact Details: LightEdge Solutions
666 Walnut Street, Suite 666
Des Moines, IA 50309
877-771-3343
Fax: 515-471-1112
info@lightedge.com

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