Biscit Completes Acquisition of ISP V21

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London, October 9, 2006 - Communications service provider (CSP) Biscit today announces that it has completed the acquisition of V21.co.uk Limited. The acquisition enables Biscit to upsell its telecoms and combined phone and free superfast broadband services to V21's circa 33,000 customers, as well as other Internet products.

The board of V21 has stepped down and been replaced by Biscit's CEO, Hugh Paterson, its sales and product development director, Nathan Relevy, and its financial director and company secretary, Bill Homan-Russell. V21's auditors and legal advisers have also been replaced by Biscit's.

"Clearly, we're delighted with this acquisition and the opportunity to serve V21's resellers and end users," says Paterson. "The principal changes V21 customers will experience is greater choice in voice and superfast broadband services, and customer support from Biscit's in-house London teams instead of a call centre in India."

About Biscit
Biscit is a leading provider of advanced Internet and telecoms products and services. Delivering the online world to thousands of enterprise and residential customers, the award-winning company is committed to providing the highest level of network service to each customer every minute-of-the-year. Its flagship voice and superfast broadband bundles freeMAX Standard and freeMAX Unlimited compete directly with Carphone Warehouse's Talk Talk offering, and both are available now, nationwide. Visit www.biscit.net for further information.

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Media enquiries, please contact Robyn Sandler of Biscit:
Telephone: 0870 383 0030 option 9, ext. 703, Email rsandler@biscit.net