LifeStyle Technologies and CT Communications Announce Strategic Alliance

Apr 11, 2001, 01:00 ET from eResource Capital Group, Inc.

    CHARLOTTE, N.C., April 11 /PRNewswire/ -- LST Inc., d/b/a LifeStyle
 Technologies, a wholly-owned subsidiary of eResource Capital Group, Inc.
 (Amex:   RCG), announced today the formation of a strategic alliance with CT
 Communications, Inc. (Nasdaq: CTCI).  Through this alliance, the two companies
 will work with regional builders and developers to offer a comprehensive
 package of communication and technology products and services to homebuyers
 within new real estate developments and communities.  LifeStyle Technologies'
 products and services will feature home security, computer networks, home
 entertainment systems and exterior lighting.  CT Communications' services will
 include local and long-distance phone service, DSL Internet access, digital
 wireless service and more.
     "In order to realize and exceed our revenue projections, it is important
 that we develop partnerships with companies that are known for quality and
 service.  These partnerships allow us to offer additional products and
 services to the real estate developer, homebuilder, and homebuyer," said Glenn
 Barrett, CEO and president of LifeStyle Technologies.  "Our alliance with CT
 Communications enables us to aid real estate developers and their homebuilders
 by creating a customized technology infrastructure for their communities to
 better serve today's homebuyers."
     "We are very excited about this alliance," commented Frank Yoho, vice
 president of business development at CT Communications.  "This partnership
 with LifeStyle Technologies allows us to more efficiently reach and serve the
 builders, developers and, ultimately, the homeowners and businesses in our
 markets."
     LifeStyle Technologies, based in Charlotte, N.C., was formed to help
 consumers take advantage of emerging home networking technologies by
 integrating high-speed Internet, satellite, security, data, entertainment and
 communication applications in their homes.  The company works with homeowners,
 homebuilders and homebuyers to install the necessary infrastructure --
 including both hardware and wiring -- to enhance the end-user's enjoyment and
 interaction with new technologies.
     CT Communications, Inc., which is headquartered in Concord, N.C., is a
 growing provider of integrated telecommunications services to residential and
 business customers located primarily in North and South Carolina.  CT
 Communications, Inc. offers a comprehensive package of telecommunications
 services, including local and long-distance telephone services, Internet and
 data services and digital wireless services.  More information is available at
 www.ctc.net .
     eResource Capital Group, Inc. is a growing network of technology and
 service companies brought together under one operating company to benefit from
 synergistic relationships and the infusion of intellectual and capital
 resources.  eRCG plans to expand its network through timely acquisitions and
 by growing and enhancing its member companies.  eRCG's strategic focus is in
 five technology industry segments: Internet infrastructure, e-commerce,
 technology professional services, enabling technology, and data/communication
 systems.  Operating companies in the eRCG network include: flightserv.com;
 Internet Aviation Services, Ltd.; DM Marketing, Inc.; Avenel Ventures, Inc.;
 Avenel Alliance, Inc. and LST, Inc., d/b/a LifeStyle Technologies.  More
 information is available on eRCG at www.eresourcecapital.com .
     Statements in this news release about anticipated or expected future
 revenue or growth or expressions of future goals or objectives are forward-
 looking statements within the meaning of Section 21E of the Securities
 Exchange Act of 1934, as amended.  All forward-looking statements in this
 release are based upon information available to the Company on the date of
 this release.  Any forward-looking statements involve risks and uncertainties,
 including those risks and uncertainties described in the Company's filings
 with the Securities and Exchange Commission, that could cause actual events or
 results to differ materially from the events or results described in the
 forward-looking statements, whether as a result of new information, future
 events or otherwise.  Readers are cautioned not to place undue reliance on
 these forward-looking statements.
 
 

SOURCE eResource Capital Group, Inc.
    CHARLOTTE, N.C., April 11 /PRNewswire/ -- LST Inc., d/b/a LifeStyle
 Technologies, a wholly-owned subsidiary of eResource Capital Group, Inc.
 (Amex:   RCG), announced today the formation of a strategic alliance with CT
 Communications, Inc. (Nasdaq: CTCI).  Through this alliance, the two companies
 will work with regional builders and developers to offer a comprehensive
 package of communication and technology products and services to homebuyers
 within new real estate developments and communities.  LifeStyle Technologies'
 products and services will feature home security, computer networks, home
 entertainment systems and exterior lighting.  CT Communications' services will
 include local and long-distance phone service, DSL Internet access, digital
 wireless service and more.
     "In order to realize and exceed our revenue projections, it is important
 that we develop partnerships with companies that are known for quality and
 service.  These partnerships allow us to offer additional products and
 services to the real estate developer, homebuilder, and homebuyer," said Glenn
 Barrett, CEO and president of LifeStyle Technologies.  "Our alliance with CT
 Communications enables us to aid real estate developers and their homebuilders
 by creating a customized technology infrastructure for their communities to
 better serve today's homebuyers."
     "We are very excited about this alliance," commented Frank Yoho, vice
 president of business development at CT Communications.  "This partnership
 with LifeStyle Technologies allows us to more efficiently reach and serve the
 builders, developers and, ultimately, the homeowners and businesses in our
 markets."
     LifeStyle Technologies, based in Charlotte, N.C., was formed to help
 consumers take advantage of emerging home networking technologies by
 integrating high-speed Internet, satellite, security, data, entertainment and
 communication applications in their homes.  The company works with homeowners,
 homebuilders and homebuyers to install the necessary infrastructure --
 including both hardware and wiring -- to enhance the end-user's enjoyment and
 interaction with new technologies.
     CT Communications, Inc., which is headquartered in Concord, N.C., is a
 growing provider of integrated telecommunications services to residential and
 business customers located primarily in North and South Carolina.  CT
 Communications, Inc. offers a comprehensive package of telecommunications
 services, including local and long-distance telephone services, Internet and
 data services and digital wireless services.  More information is available at
 www.ctc.net .
     eResource Capital Group, Inc. is a growing network of technology and
 service companies brought together under one operating company to benefit from
 synergistic relationships and the infusion of intellectual and capital
 resources.  eRCG plans to expand its network through timely acquisitions and
 by growing and enhancing its member companies.  eRCG's strategic focus is in
 five technology industry segments: Internet infrastructure, e-commerce,
 technology professional services, enabling technology, and data/communication
 systems.  Operating companies in the eRCG network include: flightserv.com;
 Internet Aviation Services, Ltd.; DM Marketing, Inc.; Avenel Ventures, Inc.;
 Avenel Alliance, Inc. and LST, Inc., d/b/a LifeStyle Technologies.  More
 information is available on eRCG at www.eresourcecapital.com .
     Statements in this news release about anticipated or expected future
 revenue or growth or expressions of future goals or objectives are forward-
 looking statements within the meaning of Section 21E of the Securities
 Exchange Act of 1934, as amended.  All forward-looking statements in this
 release are based upon information available to the Company on the date of
 this release.  Any forward-looking statements involve risks and uncertainties,
 including those risks and uncertainties described in the Company's filings
 with the Securities and Exchange Commission, that could cause actual events or
 results to differ materially from the events or results described in the
 forward-looking statements, whether as a result of new information, future
 events or otherwise.  Readers are cautioned not to place undue reliance on
 these forward-looking statements.
 
 SOURCE  eResource Capital Group, Inc.