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Horvath Announces the purchase of 22 sites from Royal Street Communications California, LLC

SOUTH BEND, IN JANUARY, 2010: Horvath Towers, a leading wireless communication tower developer, today announced it has closed on the purchase of 22 existing tower sites in the Los Angeles market from Royal Street Communications California, LLC. With the closing of this deal, Horvath has considerably expanded its market share in the L.A. market and looks forward to providing the same high level of service that carriers have come to know in other parts of the country.

Horvath Towers was founded in South Bend in 1996 by Jackie Horvath. Since the Company’s inception, Horvath has grown from owning a few towers in Northern Indiana to owning and developing multiple sites throughout the United States. Horvath Towers provides the highest rated customer service and tower quality in the industry. Horvath tower sites are consistently rated among the highest for occupancy in their respective regions.

“We are excited about the opportunity to show the L.A. market who we are and what we can do for them,” said Jackie Horvath, CEO of Horvath Towers.

Horvath Towers is financed by Peppertree Capital. Peppertree, based in Cleveland, Ohio, is a private equity fund focused on growth equity in the telecommunications, media and recurring services industries.

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