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Magellan Hill Signs Commercial Agreement With Verizon for Wholesale Services


WEBWIRE

July 12, 2006 - MOUNT LAUREL and BASKING RIDGE, N.J. - Magellan Hill Technologies has signed a commercial agreement with Verizon Partner Solutions, the division of Verizon responsible for wholesale services, enabling Magellan to provide its customers access to a well-established, top-notch telecommunications network, both companies announced today.

By purchasing services from Verizon on a wholesale level, Magellan Hill is able to provide its customers quality technology at a competitive price while still offering specialized customer service.

“This agreement with Verizon Partner Solutions provides our customers with the best of both worlds,” said Magellan Hill CEO Bradford M. Bono. “Not only will they have access to Verizon’s tremendous network of reliable services, they will receive the specialized customer care that sets Magellan Hill apart.”

Tom Maguire, senior vice president of sales for Verizon Partner Solutions, welcomed the new contract with Magellan Hill.

“Verizon is committed to helping Magellan Hill because our success is truly dependent on their success.” said Maguire. "Consumers, however, will be the biggest beneficiaries from our business relationship, as they will get both outstanding service and pricing.

“Brad Bono has a strong track record in the industry, as well as more than 10 years of doing business with Verizon, and we look forward to mutual success with this new venture,” Maguire added.

About Magellan Hill

Magellan Hill is a specialty publisher of local online and print directories. The company also provides telecommunications services to small businesses in New Jersey, Pennsylvania and New York. These services include: Internet security; conference calling; local and long-distance phone service, and Internet service.

In addition, Magellan Hill offers an innovative approach to charitable giving through its U Care Now division, which provides phone and Internet service to residential customers.

Under U Care Now, a percentage of a consumer’s monthly bill is donated to a participating charity of their choice. This provides consumers with an easy way to make a charitable contribution, and at the same time provides participating charities with a constant revenue stream.

Participating charities include the United Way of Camden County, the Ronald McDonald House of Southern New Jersey and the Adam Taliaferro Foundation.

About Verizon

Verizon Communications Inc. (NYSE:VZ), a Dow 30 company, is a leader in delivering broadband and other wireline and wireless communication innovations to mass market, business, government and wholesale customers. Verizon Wireless operates America’s most reliable wireless network, serving 53 million customers nationwide. Verizon Business operates one of the most expansive wholly-owned global IP networks. Verizon Telecom is deploying the nation’s most advanced fiber-optic network to deliver the benefits of converged communications, information and entertainment services to customers. Based in New York, Verizon has a diverse workforce of more than 250,000 and generates annual consolidated operating revenues of approximately $90 billion. For more information, visit www.verizon.com.



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