CURRENT Communications Group, LLC, the nation's leading integrated Broadband over Power Line (BPL) service provider, announced strategic investments from Goldman, Sachs & Co., a leading global investment banking, securities and investment management firm; Google Inc., developer of the award-winning Google search engine; and The Hearst Corporation, one of the nation's largest diversified communications companies.

The financing also included additional investments from two of CURRENT's existing investors, EnerTech Capital and CURRENT's principal stakeholder, Liberty Associated Partners, LP, an investment partnership between Liberty Media Corporation and the Berkman Family.

"These investments provide us with both capital and operating assistance as we continue to roll out Broadband-over-Power Line services to provide voice, video and data services," said William Berkman, Chairman of CURRENT Communications Group. "With roughly two-thirds of the nation still without broadband and many utilities looking for means to upgrade their distribution networks, the acceleration of CURRENT's build-out is a clear win-win for consumers."

BPL technology enables the delivery of high-speed, two-way broadband through electrical outlets in homes and offices. It needs no special equipment in the home or office and transforms existing electrical wiring into a secure broadband network.

The additional financing will be used to expand CURRENT(TM) BPL deployments in both U.S. and international markets. Specific financial terms were not disclosed.

Additional information about CURRENT is available at www.currentgroup.com, www.current.net, and www.currenttechnologies.com.