2. Parties to the Transaction

Telenational is a Delaware corporation with its principal place of business located in Omaha, Nebraska. By Decision (D.) 02-06-001, Telenational was granted a Certificate of Public Convenience and Necessity (CPCN) to provide inter- and intra-Local Access and Transport Area services. Rapid Link is a Delaware corporation with its principal place of business at the same address as Telenational in Omaha, Nebraska. Rapid Link was formerly known as Dial-Thru International Corporation in 1997 and changed its name in 2005 after purchasing the rights thereto.2 It provides bundled internet and voice services to business and residential customers both domestically and internationally. Apex is also a Delaware corporation and has its principal place of business in Breckenridge, Colorado. Apex was the sole shareholder of Telenational prior to the May 3, 2006 Stock Purchase Agreement between Apex and Rapid Link, and owns the commercial building housing the principal offices of both Rapid Link and Telenational. Neither Apex nor Rapid Link or any of Rapid Link's affiliates are authorized to provide communications services in California, and none are authorized to conduct business in California.

2 In 2001, Dial-Thru International Corporation purchased the assets of Rapid Link USA, Inc. including rights to the name, and later changed its name to Rapid Link, Incorporated.

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