Brookside Technology Holdings Corp. ("BKSD" or the "Company") (OTCBB:BKSD), through its Chairman/CEO Michael Nole, today provides an update on the prospective acquisitions currently under Letters of Intent with BKSD. Mr. Nole stated: "Since we have now completed our redomestication into Florida and name/symbol change, I feel it is a good time to provide our shareholders a brief progress update on BKSD�s continued expansion efforts by consolidating through mergers, acquisitions and asset purchases of like companies. Although there can be no assurances that any acquisition will be successfully completed, we continue to make advances in the acquisition of US Voice & Data, Inc. (�USVD�) of Louisville, Kentucky. We also are exploring the acquisition of WaveTech Plus of Tampa, Florida. Our goal, barring unforeseen circumstances, is to close USVD by the end of August with the WaveTech transaction closing thereafter. The combined revenues and positive EBITDA of these companies should represent a significant increase in the Company�s revenues and EBITDA. The Company currently contemplates that the purchase price for USVD will consist primarily of cash. The Company is currently seeking bank debt financing for this purpose. There can be no assurances that it will be able to obtain such bank financing.� About Brookside Technology Holdings Corp. Brookside Technology Holdings Corp. is a holding company whose goal is to consolidate through mergers, acquisitions and asset purchases of like companies looking to capitalize on the highly specialized market of providing turnkey converged voice and data solutions for companies of all sizes and types. More information on the Company can be found at www.brooksideus.com Forward-Looking Statement: Except for factual statements made herein, the information contained in this press release consists of forward-looking statements that involve risks and uncertainties, including the effect of changing economic conditions, customer acceptance of products and other risks and uncertainties, including those risks set forth in the Company�s Form 8-K filed on February 27, 2007 with the SEC. Such forward-looking statements are not guarantees of performance, and the Company�s results could differ materially from those contained in such statements. These forward-looking statements speak only as of the date of this release, and the Company undertakes no obligation to publicly update any forward-looking statements to reflect new information, events or circumstances after the date of this release.
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