CONTACT:  Russ Fordyce
rfordyce@broadviewnet.com
Public Relations
(914)-922-7900
 
RYE BROOK, N.Y.—November 17, 2009—Crain’s New York Business released its annual ranking of the largest privately held companies in New York. Broadview Networks, a Rye Brook-based communications company, moved up to 55th place in the rankings. Crain’s list of the top privately held companies is published annually and is the most comprehensive report of its kind.

The report was compiled from data obtained from the companies and sources including Crain’s, Forbes, Dun’s Regional Business Directory, Hoover’s Gale Group, and the U.S. Securities and Exchange Commission. Crain’s list is based on 2008 revenues.

"We win in the market because we provide solutions to help our customers succeed," said Michael K. Robinson, president and chief executive officer at Broadview Networks. "This ranking reflects both Broadview’s commitment to delivering The Total Solution and businesses seeing its value. More than ever, customers are looking beyond simply price to determine the complete cost of products and services. Broadview delivers real value every day with services like FrontLine® MPLS and our hosted IP phone solution, OfficeSuite™. We enable companies to be more productive, more competitive and increase customer satisfaction, in addition to being more cost-efficient.”

The complete report was published in Crain’s New York Business on November 16, 2009. For more information, visit www.crainsnewyork.com.

About Broadview Networks www.broadviewnet.com

Broadview Networks is a network-based business communications provider serving customers nationwide. Broadview provides the total solution for business communications including local and long distance voice communications; premises-based and patented hosted 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.