--Precedent Companies, Clients to Benefit from eGIX IP Communications--

Carmel, Ind., November 23, 2004 – Steve Johns , president and CEO of Carmel-based eGIX Inc., today announced that eGIX has acquired Indiana-based ECN (Enhanced Communications Network, LLC), further strengthening eGIX’s base of business customers in the Indianapolis area.

Headquartered in Indianapolis, ECN formerly provided telephony services and products for the tenants and of The Precedent Companies as well as other organizations in the Indianapolis metropolitan area. The acquisition of ECN means eGIX will now provide IP (Internet Protocol) communications including Voice over IP (VoIP) communications and high-speed Internet access, as well as traditional long distance and local line services to The Precedent business community.

ECN was operated by the Precedent Companies since 1987 to ensure high levels of service to tenants. The well-established company pre-dates the commercial Internet. In selling ECN to eGIX, The Precedent Companies are assured not only a continuity of service levels, but a greatly enhanced line of communication products and services.

“We believe that we’re an excellent fit for The Precedent’s tenants, as eGIX specializes in customizing and converging technologies to meet the needs of specifically small to medium-sized businesses,” said Johns.

“This acquisition gives ECN’s clients the opportunity to access a superior, all encompassing portfolio of communications services specifically designed to meet their needs,” added Randy Aikman, president of The Precedent Companies. “We realize the importance of providing this type of cutting-edge technology to our client base, so we’re very excited to have identified a local business partner such as eGIX who can provide just that.”

Aikman added that The Precedent, a regionally known and prestigious office complex, goes out of its way to provide special benefits to tenants, and the unique communication services that eGIX will deliver is an extension of this commitment.

As part of eGIX’s offering, the company will provide new Voice Over Internet Protocol (VoIP) services to businesses in the complex. “VoIP is the future of communications,” said Andy Gorogiani , executive vice president of sales for eGIX. “Our eVOLVE IP communications services will provide significant productivity gains and world-class communication solutions for the Precedent business community.”

This transaction will not affect customers’ current services, existing rates, product features, or terms of service. All ECN customers will continue to receive top quality services with performance meeting or exceeding that of the services they currently utilize.

Headquartered in Carmel, Ind., eGIX is one of the largest integrated communications providers in the U.S.with a national network operating in 37 of the top 50 metropolitan service areas. eGIX serves as a single source for reliable unified voice and data solutions, Internet access (dial-up & broadband), VoIP applications, local line services, IT Consulting and a full suite of enhanced services including unified communications and One Number “Follow Me” service.