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January 14, 2005

Posted by - TelephonyWorld @ 6:04 pm PST

COMC, INC. ACQUIRES TEXAS-BASED TELEPHONY AND DATA SOLUTIONS PROVIDER AND CLOSES ON $5.5 MILLION FINANCING

- Acquisition Diversifies Customer Base, Broadens Geographic Coverage and Adds Nortel Expertise -

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Concord, CA January 14, 2005 - COMC, Inc. (OTCBB: CINJ) announced the acquisition of Southwest Century Communications, Inc. (Southwest), a Texas-based telephony and data solutions provider. In conjunction with the acquisition, the Company closed on a $5.5 million convertible note financing from Laurus Master Fund, Ltd. (Laurus).

Southwest is expected to realize approximately $2.2 million in revenues for 2004. On a consolidated, pro-forma basis, COMC would have a 25% increase in revenues compared to 2003.

The acquisition of Southwest adds strategic advantages for COMC by adding a foothold in the Texas telephony and data solutions market contiguous to its Arizona and California operations and diversifying COMC's customer base and strengthens its presence in the healthcare and pharmaceutical industries.

In conjunction with the acquisition, the Company completed a $5.5 million financing from Laurus, a New York-based institutional fund that specializes in providing financing to growing, small and micro-capitalization companies. The financing consists of a secured convertible term note in the amount of $2 million, a secured convertible revolving note in the amount of $2.5 million, and a secured convertible minimum borrowing note in the amount of $1 million, resulting in gross proceeds to the Company of $5.5 million. Details of the transaction can be found in the Company's SEC 8-K filing.

Burnham Securities Inc. (Burnham) provided financial advice to the Company in connection with the Laurus financing.

Janice Fuellhart, CEO of COMC, stated, "As a result of the combination of the strategic initiatives - acquisition and financing - COMC has the scale to reach operating profitability in 2005, the geographical footprint and technological expertise to drive organic growth, and a balance sheet and capital structure to support additional consolidation in this fragmented industry."

About COMC, Inc.

COMC, Inc., which is headquartered in Concord, CA and also has offices in Burbank, CA; Phoenix, AZ; and Houston, TX, designs, implements, supports, and manages LAN/WAN computer network systems, voice communication network systems, and premise wiring for both data and voice. The Company also distributes and maintains equipment on behalf of major telecommunications equipment manufacturers to Fortune 1000 companies and municipalities.