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Equity Partners International, Inc.

ACQUISITION ANNOUNCEMENT

September 2004

Audax completes the add-on acquisition of Consumers Marine Electronics for Overtonís

http://www.audaxgroup.com/ , Boston, MA

http://www.consumersmarine.com/ , Wall, NJ

http://www.overtons.com/ , Greenville, NC

The Company: Consumers Marine Electronics ("Consumers Marine") is a leading mail order catalog company that sells marine electronic components to boating enthusiasts. It is the only pure-play catalog company focused on marine electronics, and its technical sales and service staff is unparalleled. The Deal: Audax worked with management to acquire Consumers Marine from its founder less than one year after acquiring Overtonís, the largest water sports and marine accessory catalog operation in the U.S. Capital Source provided debt financing to fund both the initial and follow-on acquisitions. The Thesis: Now that we have executed our profit improvement plan at Overtonís, we view the Consumers Marine acquisition as a major step in broadening Overtonís product offering and leveraging both companiesí brand and expertise. The combined companies will have broader product offerings in both the salt water market (Consumers Marine) and the fresh water market (Overton's). Management has developed a plan to drive sales growth and profitability by leveraging catalog layout, product offerings, circulation lists, shipping costs and merchandising strategies across both companiesí catalogs. Overtonís continues to pursue additional acquisition opportunities of complimentary catalogs and outdoor recreation brands.


ACQUISITION ANNOUNCEMENT

July 2003

Harbour Group unit buys Jasco Chemical Corp.

http://harbourgroup.com/ , St. Louis, MO

http://www.jasco-help.com/ , Santa Ana, CA

Harbour Group's Fluid Enterprises unit has acquired Santa Ana, Calif.-based Jasco Chemical Corp. for an undisclosed amount.

Jasco Chemical manufactures branded paint removers and surface preparation products sold at home centers, mass merchandisers, hardware and specialty stores.

Sam Fox, chairman and chief executive of Harbour Group, said the acquisition would allow Fluid Enterprises to broaden its product offering of leading brands for the do-it-yourself and professional markets.


ACQUISITION ANNOUNCEMENT

July 2003

Strength Capital Acquires JBS Technologies, LLC

http://www.strengthcapital.com/ , Birmingham, MI

http://www.bulldogsecurity.com/ , Steubenville, OH

Strength Capital Partners, based in Birmingham, MI, has acquired majority ownership of JBS Technologies, LLC located in Steubenville, OH.

JBS Technologies is a manufacturer of automotive aftermarket products such as Remote Starters, Alarms Systems and Keyless Entry devices for the Do-it-yourself automotive channel. JBS sells through retailers such as Wal-Mart, K-Mart, Sam's Clubs and Autozone.

Mark Mc Cammon and Mike Bergeron represent Strength Capital on the board of this company.

Strength Capital is excited to have an investment in what should be an excellent platform for growth in the automotive aftermarket industry.


Equity Partners International, Inc.
5887 Schafin Drive, Suite 200
Weidman, Michigan 48893
Main (989) 944-5979 ∑ FAX (989) 644-3414
Partners@EquityPI.com