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Omnicity Secures Major Financing Arrangement to Accelerate Its Acquisition Strategy
• Tuesday March 3, 2009, 5:00 pm EST

RUSHVILLE, IN--(MARKET WIRE)--Mar 3, 2009 -- Omnicity Corp (OTC BB:OMCY.OB - News) -

Omnicity and Agility Ventures, LLC, an alliance partner, closed an Agreement to add an additional $1,000,000 Master Lease facility which will assist Omnicity in the furthering of its mission to bring broadband to rural America and to accelerate its acquisition strategy. This new facility is in conjunction with an earlier agreement the companies signed in November of 2006.

Agility Ventures specializes in financing and consulting for the wireless broadband market. Founded by owners and managers of successful Wireless Internet Service Providers (WISPs) and equipment finance companies, Agility offers a compelling partnership to Omnicity. Agility's expertise and experience allows it to establish and maintain relationships with investors knowledgeable of the WISP market allowing Agility to be flexible and creative in structuring and funding transactions for network operating equipment and customer premises equipment. Agility's VP, Bill MacNamara, commented, "We are pleased with our ongoing relationship with Omnicity as they continue to grow at a rapid pace throughout Indiana and the Central United States."

Commenting on the alliance between the two companies, Omnicity CEO Dick Beltzhoover said, "We are very excited about the partnership with Agility Ventures. They understand the wireless and fiber optic transport market and will assist Omnicity financially in building a carrier-grade network across the United States." Omnicity continues to grow its network and is one of the largest fixed Wireless Internet Service Provider (WISP) in the Midwest and intends to grow rapidly through organic growth and through acquisitions of other WISPs in rural America.

About Omnicity:
Omnicity Corp (OTC BB:OMCY.OB - News) is a public company based in Indiana providing broadband access, including advanced services of voice, video and data, in un-served and underserved small and rural markets and is planning to be the premier consolidator of rural market broadband nationwide. Omnicity's strategy is to provide a total broadband solution and continue rapid growth through acquisitions, organic growth and continue to partner with Rural Electric Municipal Cooperatives and Rural Telephone Companies. Omnicity has an experienced management team with extensive wireless broadband/ISP expertise as well as the expertise to consolidate large numbers of businesses through its roll-up strategy.

About Agility Ventures:
Headquartered in Prescott, AZ. Agility Ventures has been providing equipment leasing and financing solutions to wireless internet service providers (WISP's) and Private Cable Operators located throughout the United States and Canada since 2004. . This has allowed us to develop in-depth knowledge of the broadband market, as well as the key challenges facing its participants. Agility's focus allows us to be flexible and creative in approving and funding transactions for network operating equipment, customer premises equipment and acquisition financing for broadband operators. This knowledge and flexibility allows Agility to consummate transactions which traditional multi-industry lenders and investors would neither approve nor understand. In addition to providing credit, Agility offers its customers the benefit of its principals' extensive industry experience through consulting services for strategic planning, marketing and operations management. The Agility portfolio includes 40 companies with funding commitments totaling over $30 million. For more information on Agility Ventures please call us at 928-541-0771 or visit our web site -- www.agilityventures.com

Forward-looking statements, made pursuant to safe harbor provisions of the PSLR Act of 1995, inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. By making these forward-looking statements, the Company undertakes no obligation to update these statements for changes after the date of this release.

Contact:
     For additional information contact:
     Janine Shockley
     1-866-401-0130
     or visit our website -- http://www.omnicitycorp.com

 

Agility Ventures LLC
101 E. Gurley, St., Suite 202
Prescott, Arizona 86301
866.541.0771