Hackensack,
NJ (September 8, 2009) Wave2Wave
Communications™ ("Wave2Wave"), a Hackensack-based communications
company, today announced that it closed a $9 million debt facility from one
institutional investor replacing its previous facility. Wave2Wave,
headquartered in Hackensack NJ,
is a provider of managed data transport and VoIP services to thousands of
business clients and over half a million end-users throughout the United States.
RNK, a subsidiary of Wave2Wave, headquartered in Dedham, MA,
is a facilities-based Competitive Local Exchange and Interexchange Carrier,
providing voice services worldwide. Rodman & Renshaw, LLC, a subsidiary of
Rodman and Renshaw Capital Group, Inc., (Nasdaq: RODM)
acted as exclusive placement agent in this transaction.
About
Wave2Wave
Founded
in 1999, privately held Wave2Wave Communications™ is a managed service
provider. The company provides managed services to businesses throughout the
nation, including point-to-point connections, Ethernet VLAN, Internet, VoIP, Wi-Fi
build outs, networking services, E-mail, private data networking, and security
solutions. The company is renowned for using start of the art technology in
order to give its business customers the competitive edge they need to succeed
in a demanding and ever changing global market. For more information, please
call us at 866-wave2wave or visit www.wave2wave.com.
About
RNK Communications
Established
as a facilities-based carrier in 1997, RNK Communications™ is a full-service
communications provider. RNK's unmatched operational efficiency, industry
expertise, and technical innovation, enable it to offer a variety of customized
communications products and solutions. For additional information call
888-642-9831 or visit www.RNKcom.com.
CONTACT
Wave2Wave
Communications
Andrew Klein
201.968.9797
ext 286
anklein@wave2wave.com
www.wave2wave.com
Rodman & Renshaw Capital Group, Inc.
Rodman & Renshaw, LLC
1251 Avenue of the Americas
New York, NY
10020
212-356-0530
www.rodm.com