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New York | September 2008

Praesidian Capital Investors Partners with Entrepreneurial Management Team and H.I.G. Capital to Build the Leading Lighting Systems Provider

Mezzanine Financing Supports Epic Production Technologies’ Acquisitions of Q1 Production Technologies and Ed and Ted’s Excellent Lighting

Praesidian Capital Investors, a leading provider of mezzanine capital for small and mid-sized companies, has invested $12 million of senior subordinated debt in Epic Production Technologies, a company formed through the merger of Q1 Production Technologies Inc. and Ed and Ted’s Excellent Lighting, Inc., with the support of H.I.G. Capital, LLC.

Epic is the product of the combination of Q1 Production Technologies, Inc. and Ed and Ted’s Excellent Lighting, Inc., two leading providers of lighting systems for concert tours, theatrical productions and corporate and special events throughout North America. Q1 Production Technologies, Inc. provides a comprehensive range of lighting and rigging for rentals and production, as well as a wide selection of lighting, rigging, audio, staging and soft goods for sales and integration. Q1 has played a role in some of the most prestigious, complex and innovative productions including Disney's The Lion King, Tony Award winning musicals Showboat and Ragtime and the XV Winter Olympic Games Closing Ceremonies. Ed & Ted’s Excellent Lighting, also a provider of lighting and rigging rental and production services, has particular expertise in the concert lighting industry, with clients including Bon Jovi, Dancing with the Stars, KROQ, Blue Man Group and Green Day.

“Epic brings together two talented management teams, two highly complementary businesses and a strong equity partner in H.I.G. Capital,” said Neil Marks, Managing Partner at Praesidian. “The combined company is positioned to realize significant economies of scale through rental volume with largely fixed operating costs, as well as take on larger engagements that few competitors can service. We look forward to building an even more successful business.”

“Marc Raymond and Ted Fowler are talented executives who have built two very successful businesses,” said Elliot Maluth, Managing Director at H.I.G Capital. “Now, as a combined company with our support and that of the creative and reliable team at Praesidian, Epic is poised for continued growth.”

About Praesidian Capital Investors
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 H.I.G. Capital
H.I.G. Capital is a leading global private equity investment firm with more than $7.5 billion of equity capital under management. Based in Miami, and with offices in Atlanta, Boston, and San Francisco in the U.S., as well as affiliate offices in London, Hamburg and Paris in Europe, H.I.G. specializes in providing capital to small and medium-sized companies with attractive growth potential. H.I.G. invests in management-led buyouts and recapitalizations of profitable and well managed manufacturing or service businesses. H.I.G. also has extensive experience with financial restructurings and operational turnarounds. Since its founding, H.I.G. invested in and managed more than 200 companies worldwide. The firm's current portfolio includes companies with combined revenues in excess of $7 billion. For more information, visit www.higcapital.com.

About Ed and Ted’s Excellent Lighting, Inc.
Ed & Ted's was founded in 1994 in Salt Lake City, Utah by event producer Ted Fowler, concert promoter Jim McNeill and audio company owner Ed Pratt. Now based in Oxnard, California, the Company provides lighting and rigging rental and production services, with expertise in the concert lighting industry, and is known throughout the lighting industry for providing modern, reliable rental equipment and excellent service and support. The Company is also routinely nominated for industry trade awards, and was recognized as “Lighting Company of the Year” in 2005 by Pro Lights & Staging News, a major industry trade magazine. For more information, visit www.edandted.com.

About Q1 Production Technologies, Inc.
Founded in 2001 by Marc Raymond and Phil Bernard and based in Winnipeg, Canada, Q1 Production Technologies provides rental and sale of lighting systems and superior technical support for to the entertainment and event industries. The Company is one of North America's leading technical suppliers, with operations in seven cities throughout Canada and the US. The Company has played a role in the most prestigious, complex and innovative productions including Disney's The Lion King, Tony Award winning musicals Showboat and Ragtime and the XV Winter Olympic Games Closing Ceremonies. For more information, visit www.q1pt.com.

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

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