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  • CycleLoan2000.com and RiderPoint.com Announce E-Commerce and B2B Affiliation

11th January 2008

CycleLoan2000.com and RiderPoint.com Announce E-Commerce and B2B Affiliation

“The agreement with RiderPoint is yet another example of our commitment to provide convenient, useful resources for the motorcycle buyer, and round out their vehicle experience,” said Rich Woodburn, Vice President of Horizon 2000, Inc. “We are also providing this valuable service for motorcycle dealers within this same site through the Bike Mall. Dealers can also take advantage of full finance and insurance services through Cycle Loan 2000’s parent, Horizon 2000, Inc., found at horizon2000.net.

RiderPoint.com provides an online comparative insurance rater, RiderPoint IQ. The rater, located at www.riderpoint.com, provides consumers with the ability to comparatively shop for and buy their motorcycle insurance at one location, without the hassles traditionally associated with purchasing specialty insurance.

“The agreement with CycleLoan2000.com provides RiderPoint with specifically-targeted access to motorcycle riders and motorcycle dealers while they are engaged in the vehicle buying process,” said Craig Gironda, CEO of RiderPoint. “We are very excited to be working with CycleLoan2000 to provide our insurance solution for motorcycle riders and dealers.”

Horizon 2000, Inc. is a privately-held company that seeks to take advantage of the need in the powersport market for a single source for finance and insurance products for the consumer attempting to purchase a new or used vehicle. Having secured a premier Internet lender, Cycle Loan 2000 plans to add several other lenders to facilitate the entire purchase process. Along with the actual loan, a whole array of insurance products and services will be offered to truly make this a “one shop stop”.

eLEC Communications Corp. is a publicly-traded local telecommunications company that seeks to take advantage of the convergence of the current and future competitive technological and regulatory developments in the Internet and telecommunications markets. eLEC provides an integrated suite of communications services to small and medium-sized business customers, including local, long distance, dial-up access, dedicated access, xDSL, and Web site design and hosting, and has served as an incubator for emerging growth companies in the telecom and Internet sector.

This release contains forward-looking statements that involve risks and uncertainties. eLEC’s actual results may differ materially from the results discussed in the forward-looking statements. Factors that might cause such a difference include, among others, availability of management; availability, terms, and deployment of capital; eLEC’s ability to successfully market its services to current and new customers, generate customer demand for its product and services in the geographical areas in which eLEC can operate, access new markets, negotiate and maintain suitable interconnection agreements with the incumbent local exchange carriers, and negotiate and maintain suitable vendor relationships, all in a timely manner, at reasonable cost and on satisfactory terms and conditions, as well as regulatory, legislative and judicial developments that could cause actual results to vary in such forward-looking statements.

This communication appears as a matter of information only and is not an insurance solicitation. Accordingly, no employee of eLEC Communications Corp., RiderPoint, Inc. or RP Insurance Agency, Inc. is recommending or endorsing any specific insurance company, coverage of binding an insurance policy or policy type within this communication. Insurance companies appear at RiderPoint.com for purely informational purposes and pay commissions or fees based upon premium volume or traffic activity produced by Riderpoint.com.

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