180 Connect Inc. launches refinancing effort



    Stock Symbols: OTCBB: CNCT.OB, CNCTW.OB, CNCTU.OB

    TORONTO and Englewood, CO, Sept. 11 /CNW/ - 180 Connect Inc. ("180
Connect" or the "Company") (OTCBB: CNCT.OB, CNCTU.OB, CNCTW.OB) (formerly
known as Ad.Venture Partners Inc.) announced today that it has retained
William Blair & Company, LLC to assist in a refinancing of its debt following
the successful completion of its merger with Ad.Venture Partners in late
August. It is expected that the refinancing will be completed in the fourth
quarter of 2007.
    As a result of the merger, the company received in excess of $30 million
in new equity. Based on its newly strengthened balance sheet, the Company
believes it is the appropriate time to refinance its remaining bank debt and
complete the recapitalization of its balance sheet. The refinancing is
expected to increase liquidity, provide capital to support current operating
initiatives, and importantly, lower the Company's cost of capital.

    About 180 Connect

    180 Connect Inc. is one of North America's largest providers of
installation, integration and fulfillment services to the home entertainment,
communications and home integration service industries. With more than 4,000
skilled technicians and 750 support personnel based in over 85 operating
locations, 180 Connect is well positioned as the only pure play national
residential service provider in the market.

    Forward-Looking Statements

    This news release contains forward-looking statements which reflect
management's expectations regarding the future growth, results of operations,
performance and business prospects and opportunities. Statements about future
plans and intentions, results, levels of activity, performance, goals or
achievements or other future events constitute forward-looking statements.
Wherever possible, words such as "may", "should", "could", "expect", "plan",
"intend", "anticipate", "believe", "estimate", "predict" or "potential" or the
negative or other variations of these words, or other similar words or
phrases, have been used to identify these forward-looking statements. These
statements reflect management's current beliefs and are based on information
currently available to management. Forward-looking statements involve
significant risk, uncertainties and assumptions. See "Risk Factors" contained
in Ad.Venture's Form S-4/proxy statement dated August 9, 2007 and contained in
the Company's Annual Information Form for the year ended December 31, 2006 and
its Management Information Circular dated July 6, 2007. Many factors,
including those discussed under "Risk Factors", could cause actual results,
performance or achievements to differ materially from the results discussed or
implied in the forward-looking statements. These factors should be considered
carefully and prospective investors should not place undue reliance on the
forward-looking statements. Although the forward-looking statements contained
in this news release are based upon what management believes to be reasonable
assumptions, no assurance can be given that actual results will be consistent
with these forward-looking statements. These forward-looking statements are
made as of the date of this news release and Ad.Venture, Purchaser, Canco or
the Company assumes no obligation to update or revise them to reflect new
events or circumstances, except as required by law.

    %SEDAR: 00020398E




For further information:

For further information: please contact the following or visit our
website at www.180connect.net: Claudia A. Di Maio, Director Investor
Relations, TEL: (866) 995-8888, DIRECT LINE: (416) 930-7710, EMAIL:
cdimaio@180connect.net; Devlin Lander, Integrated Corporate Relations, TEL.:
(415) 292-6855

Organization Profile

180 CONNECT INC.

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