Thermo Credit, LLC

NEW ORLEANS, LA – August 15, 2007 – Thermo Credit, LLC, a funding company focused exclusively on opportunities in the telecommunications industry, announced today the hire of Phil Pedone as the company’s Vice President of Sales.

Phil Pedone has twenty-five years of sales experience with over seven in the telecommunications industry. His considerable experience will bring a new level of expertise and service to Thermo Credit’s high standard of customer relations.

“We are excited about adding Phil to our team. His professionalism and experience in the industry will help us take service to our clients and prospects to the next level,” commented Seth Block, Executive Vice President of External Operations. Mr. Pedone comes to Thermo Credit after serving as the Director of Sales for the Southeastern United Sates at Info Directions Inc. where he sold ASP and on-site OSS/BSS software solutions to CLECs, L/D resellers, VoIP providers, MVNOs and Wholesale Providers.