Primus Announces Managing Director Appointment

1/29/2009

Cleveland – January 29, 2009 – Primus Capital Funds is delighted to announce the promotion of Scott B. Harper to Managing Director.

Scott joined Primus in 1994 from Goldman, Sachs & Co. and focuses on investments in the for-profit education and business services sectors. Mr. Harper manages Primus’ investments in American Institutes Holdings, LLC and ATI Enterprises, Inc., two current for-profit education platform investments. In addition, Scott was involved in the prior Primus investment in Corinthian Colleges, Inc. (Nasdaq: COCO). Scott is also a Director of Pegasus Tower Development Company, LLC and Peopleclick, Inc.

Founded in 1983, Primus is a private equity firm that invests in high-growth companies in the for-profit education, business services and health care sectors. Transaction types include buyouts, control and non-control recapitalizations, and growth capital. Primus has as long history in the for-profit education sector beginning in 1987 with its successful investment in DeVry, Inc. (NYSE: DV). More information about Primus can be found at www.primuscapital.com.