5/1/2000

eLink Communications and Lerner Enterprises bring high-tech upgrade to landmark portfolio

Washington, DC, May 1, 2000 - eLink Communications, Washington DC's leading tenant-centric provider of telecommunications services, has signed an agreement with Washington D.C. area.  Under the terms of the agreement, eLink becomes the "preferred portfolio, encompassing 3.2 million SQFT and including the landmark Washington Square at 1050 Connecticut Avenue and L Street, NW and The Corporate Office Centre at Tysons II.

Through eLink's proprietary fiber-optic infrastructure, Lerner Enterprises will be able to take advantage of a value-added amenity and technology upgrade at no coast while providing a unique marketing and leasing tool to attract and retain quality tenants.  Tenants in Lerner's buildings will have access to eLink's total turnkey communications package, including high-speed Internet access, networking, and a variety of e-business applications.  Demonstrating its dedication to customer service, eLink's revolutionary CyberSuper(TM) program will be available to Lerner tenants for immediate, onsite customer service installation and maintenance.

"Lerner Enterprises is one of the most respected names in Washington real estate, and this partnership serves as a testament to the strength of our business model and underscores the importance of the services we provide to tenants," said Marc Glosserman, eLink co-founder.  "This deal solidifies our status as the premier provider of broadband services to buildings in the DC market, and will give us a broadened footprint over which to offer exciting new services".

With the Lerner agreement, eLink further cements its status as Washington D.C.'s top commercial provider of telecommunications services.  To date, the company has wired 56 buildings in the metro area and currently provides service to 45% of tenants in its mature buildings.

eLink Communications

eLink Communications, a leading tenant-centric provider of communications services, partners with commercial building owners and property managers to wire their buildings with high-speed fiber-optic infrastructures in order to offer fast, cost effective broadband Internet, networking and telecommunications services to the buildings' tenants.  eLink focuses on the tenant; seeking to provide a complete communications package: a base level of high speed internet access and up to 45 Mbps/second of access and wide range of Internet and business services.  Differentiating itself from other in-building broadband providers, eLink provides on-site, in-person customer service through its innovative CyberSuper(TM) Service program.  With its fiber-optic, gigabit network and consumer confidence based on the trust built by its CyberSupers; eLink is preparing to roll out a tenant-centric portal, Voice Over IP service, and its Application Service Provider (ASP) model for small and medium-sized businesses.  For more information about eLink, please see their web-site at eLinkCommunications.com.

Lerner Companies

Founded by Theodore N. Lerner in 1952, Lerner is the largest privately owned real estate company in the Washington Metropolitan area.  Well known for its involvement in high-profile Washington area properties such as White Flint, Tysons II, Washington Square, Dulles Town Center and Tysons Corner Center, Lerner is a leader in Washington area development.  Lerner Enterprises develops, and its affiliate Lerner Corporation leases and manages large scale office buildings, office and business parks, malls and shopping centers, hotels, residential communities, mixed-use facilities and land-development projects.  Lerner's portfolio includes more than 20 million SQFT. of commercial and retail space, and over 6000 apartment homes.