Marlin announces the closing of Marlin Equity, LP

EL SEGUNDO, Calif., August 22, 2005 – Marlin Equity Partners (“Marlin”) today announced the closing of Marlin Equity Partners, LP and its affiliated investment partnerships.

Marlin Equity Partners is a private equity firm focused on providing corporate parents, shareholders, and other stakeholders with tailored solutions that meet their business and liquidity needs in special situations. Marlin primarily invests in businesses that are in the process of undergoing varying degrees of operational, financial or market-driven change where its capital base, industry relationships, and extensive network of operational resources will significantly improve a company’s outlook and enhance value.

Marlin was founded by David McGovern as a continuation of the investment strategy that he successfully employed in over 20 completed transactions while Head of Mergers & Acquisitions at Gores Technology Group. Prior investments in which Marlin principals have had substantial involvement include The Learning Company, VeriFone, Real Software, Aprisma, Anker, MicronPC, WireOne/VSPAN and SSA Global Technologies, among others. Marlin team members have successfully structured and executed management-led buyouts (MBOs), leveraged recapitalizations, complex extractions from large corporate parents, traditional leveraged buyouts, operational turnarounds, consolidations and rollups, and growth capital investments, among others.

Marlin will continue to employ a refined and disciplined investment approach that has allowed its partners to consistently achieve above-market returns for the past seven years.

“Marlin’s strategy is centered around partnering with outstanding management teams to achieve long-term value creation without disrupting relationships with customers, vendors, or employees. Both the speed of our fundraising and the integrity of our limited partner base serve as a testament to our vision for the firm,” said David McGovern. “Alongside our management partners, Marlin provides its portfolio companies with access to extensive strategic and financial resources that offer the operating flexibility to weather challenging transitions and capitalize on long-term business opportunity.”

Marlin Equity Partners is headquartered in El Segundo, California.

For additional information, please contact Peter Spasov at (310) 364-0100 or via e-mail at pspasov@marlinequity.com.