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Matrix Capital Markets Group Announces the Successful Sale of Thermex-Thermatron, Inc.

RICHMOND, VA – October 19, 2006 – Matrix Capital Markets Group, Inc. announced today that it has successfully completed the sale of Louisville, Kentucky based capital equipment manufacturer Thermex-Thermatron, Inc. to Dyad Partners, a private equity firm headquartered in Bethesda, Maryland. Matrix served as the exclusive financial advisor to Thermex-Thermatron on the transaction.

Founded in 1939, Thermex-Thermatron has an extensive history in the industrial heating equipment market. The company is a leading manufacturer of highly engineered microwave heating and drying equipment and radio frequency welding and sealing machines that are used in a wide range of industrial applications.

Alan Kwiatkowski, President, CEO and majority owner of Thermex- Thermatron, retained Matrix to assist in finding a buyer that would provide the company’s shareholders with a significant liquidity event while maintaining a high level of confidentiality and ensuring that the company’s employees and customer base would remain intact. Matrix provided extensive assistance in positioning and preparing the company for its ultimate sale, and worked closely with the company’s shareholders, attorneys and accountants to coordinate the marketing process, due diligence, and the negotiation of the terms and conditions of the definitive purchase agreement.

Bill Weirich, Managing Director for Matrix, commented “The company’s primary shareholder was very concerned about maintaining confidentiality during the transaction and finding the right buyer to take Thermex to the next level. We had previously sold a business to Dyad and felt very comfortable about their ability to effect a smooth transition for the business.”

Bryan Johnson, Vice President for Matrix, added “Given the shareholders’ concern for protecting the company’s employees and customers, the transaction was ideally suited for a private equity firm that could partner with Thermex’s management team to further expand the company and better service its customer base.”

About Matrix Capital Markets Group
Matrix Capital Markets Group, Inc. is an independent, advisory focused, privately-held investment bank headquartered in Richmond, VA. Since 1988, Matrix has provided merger & acquisition and financial advisory services for privately-held, private-equity owned and publicly traded companies. Our primary advisory services include company sales, asset divestitures, recapitalizations, management buyouts, capital raises of debt & equity, corporate recovery, fairness opinions and valuations. Matrix has served clients in a wide range of industries, including industrial manufacturing and distribution, building products, business services, consumer products, healthcare, lumber and petroleum marketing & distribution. For additional information, please visit www.matrixcmg.com.

Securities offered by Matrix Private Equities, Inc., an affiliate of Matrix Capital Markets Group, Inc., Member FINRA, SIPC.