FOR IMMEDIATE RELEASE

Full Circle Capital Announces $30 Million Financing for
Ygnition Networks, Inc.

RYE BROOK, NY June 26, 2008 - Full Circle Funding, LP ("Full Circle Capital") is pleased to announce the expansion of Ygnition Networks, Inc.'s ("Ygnition") existing senior

secured credit facility to $30 Million. Ygnition is a leading provider of video, internet, and voice services to the multi-family real estate industry.

Ygnition will use the proceeds from the facility to fund subscriber acquisitions and organic growth opportunities. Ygnition provides broadband services to apartment complexes

throughout the United States. The company also provides point-to-point data circuits and T-1 Internet circuits.

"This facility continues to provide an excellent long-term financing solution for Ygnition. We are currently exploring numerous growth initiatives in our larger markets and Full

Circle Capital and First Capital have provided an extension of our current facility to ensure we have the capital necessary to continue our growth plans. " said Kevin Coyle,

Chief Executive Officer of Ygnition.

John Stuart, Managing Partner of Full Circle Capital, stated, Full Circle is pleased to expand its lending relationship with Ygnition as the company continues its strong financial

performance as it executes its growth opportunities and objectives. Ygnition, with its stable performance, growth capital needs and long term underlying asset base,

represents a prime example of a financing opportunity well tailored to Full Circle's capabilities.

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About Full Circle Capital: Full Circle Funding, LP ("Full Circle Capital"), Rye Brook, NY, is a specialty finance company formed in September 2005 to originate and acquire

senior secured loans, participating debt instruments and leases in niche or underserved markets. Full Circle focuses on opportunities characterized by strong underlying

assets or other collateral. One of Full Circle Capital's primary initiatives is to offer flexible borrowing solutions to media and communications companies for the purpose of

growth capital and new development, acquisitions and/or refinancing of existing capital. Full Circle Capital provides funding amounts of $1 - $30 Million, or more. Full Circle

Capital manages a captive pool of capital for these purposes.

For more information please contact:
John Stuart, Managing Partner
(914) 220-6250
www.fcfcapital.com

About Ygnition Networks, Inc.: Ygnition Networks is a leading provider of state of the art broadband services including cable TV, high-speed Internet and digital voice (VoIP)

to the multifamily housing industry. The Company was named by Broadband Properties magazine as one of the "Top 100 Broadband Companies of 2006." Ygnition Networks

is the preferred broadband services provider to over 150,000 apartment homes. The Company is headquartered in Seattle, Washington and maintains MDU operations in

Texas, Florida, California, Utah, Arizona, and Washington State.
For more information please contact:

Ronald Sullivan, CFO
(206) 574-5490
www.Ygnition.com