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WAVE BROADBAND AND WOW! INTERNET, CABLE, PHONE TO ACQUIRE BROADSTRIPE

August 23, 2011

DH Capital Advises Broadstripe on the Transaction

New York, NY and Boulder, CO - (August 23, 2011) - Wave Broadband and WOW! Internet, Cable, and Phone announced today that they have entered into an agreement to purchase substantially all of the assets of Broadstripe LLC, a provider of residential and commercial bundled communications services. Broadstripe, which filed for Chapter 11 bankruptcy protection in January 2009, operates in Maryland, Michigan, Oregon, and Washington. DH Capital is providing advisory services to Broadstripe on the transaction. Wave will acquire the Washington and Oregon properties which reach more than 103,000 homes. Wave currently operates in California, Oregon, and Washington, and serves more than 300,000 customers.

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