Wireless EDGE Towers Closes Equity Financing by Peppertree Capital

NEW ROCHELLE, NEW YORK and CLEVELAND, OHIO, November 10, 2010 — Wireless EDGE Towers, LLC is pleased to announce the closing of a $7.5 million growth equity commitment by Peppertree Capital. Nations Advisory Partners, LTD, advised Wireless EDGE on the capital raise.

Wireless EDGE Towers, develops, owns and operates wireless communications towers throughout the United States. John Arthur, the Company’s founder, stated, "I am excited at the prospects of working with Peppertree. Peppertree’s commitment to tower infrastructure makes it an ideal partner to expand our portfolio of strategic tower facilities."

Ryan Lepene, Managing Director of Peppertree Capital, stated, "Wireless EDGE represents our eighth investment in the tower industry. John has proven his ability to address the needs of carriers and property owners throughout the Northeast and Mid-Atlantic regions. We are very excited to begin working with John and his team.”

About Wireless EDGE Towers

Wireless EDGE was formed in 1998 by a group of experienced telecommunications professionals to serve municipalities, public agencies, commercial real property owners and telecommunications carriers. With over ten years of operational experience in the design, development and management of wireless telecommunications facilities, Wireless EDGE is at the forefront in meeting the demands of the dynamic wireless telecommunications marketplace. For more information, visit www.wirelessedge.com

About Peppertree Capital

Peppertree Capital is a private equity fund focused on growth equity, recapitalization and buyout opportunities in the telecommunications infrastructure industry. Companies the firm has backed include 4G Towers, LLC; Pegasus Tower Development Company, LLC; Horvath Towers, LLC; K2 Towers, LLC; Clearview Tower Company, LLC and Light Tower Holdings, LLC. Peppertree Capital is based in Cleveland, OH and has an office in Dallas, TX. For more information, visit: www.peppertreecapital.com.