Primus Generates Over $200 Million of Liquidity in 2006 Representing a Multiple of 4.0x Invested Capital

1/29/2007

CLEVELAND, OH – Primus Capital Funds generated over $200 million of liquidity in 2006, which represented a multiple of 4.0x invested capital, through two company sales, three recapitalizations, and the sale of public stock:

Coverall North America – provider of commercial cleaning services to small and medium sized businesses (sale)

Marlin Business Services Corporation (NASDAQ: MRLN) – provider of equipment leasing solutions to small businesses (stock sale under shelf registration)

Merrill Gardens – owner and operator of assisted living retirement communities (recapitalization)

Paycor, Inc. – provider of professional payroll services (recapitalization)

Three Eagles Communications – owner and operator of a variety of small to medium sized radio stations in the Midwest (dividend recapitalization)

Universal Tax Systems, Inc. – provider of tax preparation software used by professional tax preparers (recapitalization and sale)

About Primus

Founded in 1983, Primus is a private equity firm that invests in growth capital opportunities, recapitalizations and management-led buyouts. Primus invests $10-$25 million in control and minority ownership transactions targeting companies with proven business models and superior growth prospects. Although experienced in a number of industries, Primus places an increased emphasis on the business services, healthcare, for-profit education and communications sectors.