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New York | March 2008

Praesidian Supports Acquisitions of DisplayWorks and Marketcraft

Leading Mezzanine Provider Partners with JPB Enterprises and Management to Build Leader in Trade Show Exhibits and Commercial Environments

Praesidian Capital, a leading provider of mezzanine capital for small and mid-sized companies, has invested $4.5 million of subordinated debt to assist in the acquisitions of the DisplayWorks and Commercial Interiors Business of MICE North America (d/b/a Marketcraft) by JPB Enterprises, Inc.

DisplayWorks and Marketcraft are premier producers of exhibits and branded environments around the world. They specialize in face-to-face marketing using the innovative design of physical environments to communicate and build integrated brand platforms. Their extensive portfolios include the design of museums, interpretive and visitors’ centers, exhibitions and trade shows, entertainment venues, theme parks, retail and other interior architectural programs, as well as major themed events and strategic communications solutions.

“DisplayWorks and Marketcraft are strong, historically profitable businesses with talented leadership in Herb Hite and Claudia Gerster, respectively,” said Neil Marks, Managing Partner at Praesidian. “But as an integrated platform supported by the industry expertise of JPBE, we believe DisplayWorks and Marketcraft are positioned for even greater success.”

“This is the second JPBE deal Praesidian has financed in as many years, and we are very excited to be working with them again,” said Jim Bolduc, Vice President of JPBE. “Praesidian brings reliability and responsiveness to small and mid-sized transactions, and we look forward to the firm’s strategic contribution as we work together to build a global leader in fabrication, design and creative services.”

About Praesidian Capital
Praesidian Capital partners with small and mid-sized businesses, providing private debt capital. With a focus on its core competency in mezzanine financing, Praesidian invests in established, historically profitable companies often in connection with a management/leveraged buyout, recapitalization or refinancing. Based in New York City, Praesidian manages over $400 million in committed capital. For more information, visit www.praesidian.com

About JPB Enterprises, Inc.
JPB Enterprises is a privately owned private equity firm located in Columbia, Maryland. Founded in 1995 by J.P. Bolduc, the former President and CEO of W.R. Grace & Co., JPBE focuses on control investments in middle market companies throughout the United States. For more information, visit www.jpbe.com

About DisplayWorks
From custom exhibits in Las Vegas or Dubai to events in Paris or Orlando, retail design in London to marketing communications in San Jose, DisplayWorks has been delivering exceptional solutions that inspire positive reactions for more than 25 years. With its headquarters in Irvine, CA and with sales and design offices in San Francisco, CA and Portland, OR, DisplayWorks is dedicated to delivering the highest levels of creativity and service. For more information, visit www.displayworks.com

About the Commercial Interiors business
The Commercial Interiors business (d/b/a Marketcraft) creates extraordinary environments for real estate sales and discovery centers, restaurants, clubhouses, recreational facilities and upscale resorts. The Company partners with its clients to understand and capture their sales visions and develop a "strategic design" space that not only appeals to the general public, but also to a specific target audience. Headquartered in Tempe, AZ, the Company's professional design team distinguishes space, positions products and communicates brand identities. For more information, visit www.marketcraft.net

Media Contact: Dan Jacobs
Broadgate Consultants, LLC
Phone: 212 232 2227

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