Brookside Technology Announces Successful Recapitalization

Vicis Capital Assumes Senior Credit Facility and Sub-Debt Note

Vicis Invests Additional $2.5 Million In Equity
TAMPA, Fla.--(Business Wire)--
Brookside Technology Holdings Corp. (OTCBB: BKSD), a provider of
converged VoIP, data, video and wireless business communications
systems, today announced that Vicis Capital Master Fund ("Vicis"), has
purchased and assumed from Hilco Financial, LLC ("Hilco"), Brookside's
senior secured lender, and Dynamic Decisions Growth Premium Fund
("Dynamic"), Brookside's subordinated lender, all credit agreements,
loans and promissory notes under which Hilco and Dynamic had loaned
money to the Company.

Furthermore, Vicis has provided to Brookside an additional equity
infusion of $2.5 million through the purchase of 2,500,000 shares of
series A convertible preferred stock, which are convertible into
common stock at $.03 per share. Proceeds of the private placement will
be used to support future acquisitions and for general working
capital.

With this latest $2.5 million equity investment, in addition to
the prior $3 million in equity funding provided to acquire U.S. Voice
& Data in September 2007, as well as the assignment of the various
debt facilities to Vicis, Vicis has increased its combined debt and
equity position to over $13 million. Vicis also owns a warrant
position, that if exercised, could provide an additional $10 million
in cash to the company.

Mr. Michael Nole, chairman and CEO, stated, "We are quite pleased
to have completed this recapitalization during this challenging time
for the credit markets and financial institutions. Over the past six
months, our business has continued to grow by leveraging the products
and services of our respective subsidiary companies, while also
generating strong cash flow. Moreover, this latest financing provides
the company solid footing to accelerate our acquisition strategy as we
target complementary businesses at attractive valuations that allow us
to fully leverage our infrastructure and capabilities. We believe that
Vicis' commitment to Brookside illustrates its confidence in our
business model, management team and outlook for the business.

About Brookside Technology Holdings Corp

Brookside Technology Holdings Corp., through its subsidiary
companies, is a leading provider and global managed services company
specializing in analyzing, designing, selling, and implementing
converged Voice over IP (VoIP), data, video, and wireless (Wi-Fi)
business communications systems. Brookside offers a unique portfolio
of products and services that solve today's telecommunications
challenges by combining technology, business, and financial solutions.
Brookside's customers include both commercial and state/government
organizations of all types and sizes throughout the United States. The
Company seeks to grow organically and through the acquisition of
complementary businesses looking to capitalize on the highly
specialized growth market of providing turnkey converged voice and
data solutions. With a proven track record of acquiring profitable
businesses at attractive valuations, Brookside plans to leverage its
expanding capabilities and combined customer bases of its portfolio
companies. Additional information on the company can be found at
www.brooksideus.com.

About Vicis Capital Master Fund

Vicis Capital Master Fund, is a multi-strategy hedge fund which as
of June 1, 2008 has in excess of $4.5 billion assets under management
across a range of strategies.

Forward-Looking Statement: Except for factual statements made
herein, the information contained in this press release consists of
forward-looking statements that involve risks and uncertainties,
including the effect of changing economic conditions, customer
acceptance of products and other risks and uncertainties. As
previously disclosed in its SEC filings, such forward-looking
statements are not guarantees of performance, and the Company's
results could differ materially from those contained in such
statements. These forward-looking statements speak only as of the date
of this release, and the Company undertakes no obligation to publicly
update any forward-looking statements to reflect new information,
events or circumstances after the date of this release.

For Brookside:
Crescendo Communications, LLC
David K. Waldman or Klea K. Theoharis, 212-671-1020

Copyright Business Wire 2008