Leon Nowalsky

Onstream Media Corp. is an online service provider of live and on-demand Internet video, corporate audio & web communications and content management applications. It operates through the following divisions: Webcasting, Digital Media Services Platform, User Generated Content, Smart Encoding, Infinite Conferencing and EDNet. The Webcasting division provides an array of corporate-oriented, web-based media services to the corporate market including live audio and video webcasting and on-demand audio and video streaming for any business, government or educational entity. The Digital Media Services Platform division provides an online, subscription-based service that includes access to enabling technologies and features for its clients to acquire, store, index, secure, manage, distribute and transform these digital assets into saleable commodities. The User Generated Content division provides a video ingestion and flash encoder. The Smart Encoding division provides both automated and manual encoding and editorial services for processing digital media, using a set of coordinated technologies and processes that allow the quick and efficient online search, retrieval and streaming of this media. The Infinite Conferencing division provides reservation less and operator-assisted audio and web conferencing services. The EDNet division provides connectivity within the entertainment and advertising industries through its managed network, which encompasses production and post-production companies, advertisers, producers, directors and talent. The company was founded by Alan M. Saperstein and Randy S. Selman in 1993 and is headquartered in Fort Lauderdale, FL.

RFC Capital Corp (RFC Capital) is a private equity a subsidiary of Textron Financials Corp. founded by Steven B. Jaffee in 1994. The firm is headquartered in Columbus, Ohio.

New South Communications, Inc. owns and operates radio stations. It offers commercial broadcasting services through out the United States. The company is headquartered in Meridian, MS.

Part of Arel Communications & Software Ltd., W2com LLC provides interactive videoconferencing, data and network integration services, and distance learning services. The company is based in Dayton, OH. W2com LLC was acquired by Arel Communications & Software Ltd. on August 10, 2000 for $31.24 million.

Thermo Credit LLC provides asset based loans and factoring services. It offers loans, lines of credit, and capital investment programs. The firm also provides receivables and telecom funding services. The company was founded in 2002 and is headquartered in New Orleans, LA.