Thermo Credit, LLC

NEW ORLEANS, LA – March 26, 2007 – Thermo Credit, LLC, a receivables funding company that focuses exclusively on opportunities in the telecommunications industry, announced today that it has entered into an agreement with Avvid Technologies, Inc. to provide an initial $500,000 in contract financing and is currently providing an additional $200,000 in receivables based financing.

Seth Block, Executive Vice President of External Operations for Thermo Credit commented, “Avvid’s triple-play model is one we truly believe in. We feel that Avvid’s management team will excel in carrying out this plan.”

Minnesota-based Avvid Technologies is a leading provider of telephone, high speed Internet, and digital television services to multiple dwelling units and commercial businesses. “Avvid is very excited about the new relationship with Thermo Credit,” states Avvid Technologies president John Huddock. “The credit facilities will support the rapid growth that Avvid plans in the upcoming years.”

About Avvid Technologies, Inc.

Avvid Technologies is a leading edge technology company that has provided communications services successfully for the past ten years. The Minnesota-based company is a Competitive Local Exchange Carrier and ISP, dedicated to providing Voice over Internet Protocol and Analog Telephone Managed Services to both commercial businesses and residential multiple housing complexes. For more information, please contact John Huddock Jr. at 952-960-2300 or jhuddock@avvidtech.net or visit http://www.avvidtech.net.