SOURCE: PlumChoice

August 16, 2007 09:00 ET

PlumChoice Continues to Lead the Market in Remote PC Services; Company Raises $4.8 Million From Edison Ventures

Funds Earmarked to Fuel Growth of Remote PC Services and Expand PlumChoice Product Offerings

BILLERICA, MA--(Marketwire - August 16, 2007) - PlumChoice (www.plumchoice.com), the nation's leader in remote PC services, today announced it has secured $4.8 million in financing from Edison Venture Fund of Lawrenceville, NJ. The company will use the funds to fuel the growth of remote PC services and continue to drive the agenda for the industry. PlumChoice offers consumers fast, convenient and secure technology support not found in today's traditional tech support services. As consumer lifestyle continues to become more "digital," PlumChoice is able to keep pace with today's consumer demand, servicing everything from MP3 players to PCs to home theatres.

PlumChoice provides consumers and small businesses with around-the-clock, high-touch technical support delivered right through the Internet. Its mission is to help consumers with all of their personal technology needs, including set up, training and ongoing technology maintenance and repair on products ranging from PCs, networks and printers to MP3 players, PDAs, digital cameras and more. The company further distinguishes its services with special "it's-all-about-you" options such as select your own tech, on-demand scheduling and easy online account management.

"The convergence of greater broadband acceptance, increased home PC use and new must-have lifestyle gadgets has given rise to a fast growing need for enhanced technology support services," said Chris Sugden, General Partner of Edison Venture Fund. "PlumChoice's remote service hits the mark in providing consumers with reliable, trusted and secure offerings that get it right the first time. We've seen the future of home technical support and it's PlumChoice."

About Edison Venture Fund

Established in 1986, Edison partners with entrepreneurs, service providers and other financing sources to build successful companies. Edison provides capital and value-added services to expansion stage ($5 to 20 million revenue), information technology businesses. Initial investments range from $4 to 7 million. Edison typically serves as a sole or lead investor in financings up to $10 million. In addition to providing expansion capital, Edison funds management buyouts, recapitalizations, spinouts and secondary stock purchases.

Edison's investment professionals are based in Lawrenceville, NJ, New York, NY, West Chester, PA, and McLean, VA. Industry specialties include application software, communications, financial technology, interactive marketing, healthcare & pharmaceutical IT. Edison's successes include Axent, Best Software, Dendrite, E-Transport, Princeton Financial, QSS, Visual Networks, Virtual Edge and many other information technology leaders, which have a combined market value exceeding $5 billion. Edison currently has $550 million under management and is actively making new investments. www.edisonventure.com

About PlumChoice

Founded in 2001, PlumChoice is the nation's leader in providing premium online computer support for the home, home office and small business market. The company continues to raise the bar on customer satisfaction and service for the PC services industry. PlumChoice combines the latest innovations in remote desktop technology with a proven online delivery methodology to offer the easiest and most effective range of remote support services on the market. PlumChoice has demonstrated that its remote support services beat in-home service alternatives eight out of 10 times when it comes to customer satisfaction, speed, convenience, effectiveness, cost and security. PlumChoice services are also available through Circuit City stores, Firedog and EarthLink. For more information, visit www.plumchoice.com or call 1-888-PLUM-HELP (1-888-758-6435).

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