Cyprium Partners Promotes Four Senior Professionals

CLEVELAND, OH – January 29, 2007 – Key Principal Partners (KPP), a $1 billion private equity and mezzanine firm, today announced the promotions of four senior professionals: Cindy Babitt was promoted to Partner; Beth Laschinger and Sean Mooney were promoted to Vice President; and Dan Kessler was promoted to Senior Associate. Ms. Babitt, Ms. Laschinger and Mr. Kessler are based in Cleveland, OH. Mr. Mooney is based in KPP’s Greenwich, CT, office.

“Cindy, Beth, Sean and Dan are all exceptional professionals, and we’re pleased to announce their promotions,” said John Sinnenberg, Managing Partner of KPP. “This is a reflection of both the success and the momentum of the firm.”

Ms. Babitt joined KPP in 1998 from Carlton, McCreary, Holmes & Company, a Cleveland-based investment banking firm, where she focused on industry research, financial analysis, buy and sell side transactions and valuation for public and private companies. She was previously a laboratory technician for Siebert Powder Coatings and a statistician for the University Hospitals of Cleveland. Ms. Babitt received her M.B.A. from Weatherhead School of Management at Case Western Reserve University and her B.S. in Biology from the University of Miami. Ms. Babitt is a member of the board of directors for Anomatic, Inc., Integrity Media and Advanced Decorative Systems. She is also a board observer for Empire Education Group.

Prior to joining KPP in 2000, Ms. Laschinger was an Associate in the Investment Banking division of McDonald Investments, Inc. While at McDonald Investments, she was actively involved in the completion of a variety of corporate finance transactions including private equity offerings, mergers and acquisitions, private placements and fairness opinions. Additionally, she has served as an analyst at Carlton, McCreary, Holmes & Co. Ms. Laschinger received her M.B.A. from the Wharton School at the University of Pennsylvania and her B.A. degree from Dartmouth College. She is a member of the board of directors of Atis, Plastival Holdings and Big Rock Sports and is a board observer for Advanced Decorative Systems.

Mr. Mooney joined KPP in 2000 from Houlihan Lokey Howard & Zukin. There, he contributed to a wide range of transactions involving M&A, recapitalizations, private placements and proprietary acquisitions. He was also a member of the firm’s Financial Restructuring Group in which he participated in in-court and out-of-court financial restructurings of equity and debt securities. Mr. Mooney received his B.S.B.A. from the McDonough School of Business at Georgetown University and is currently a M.B.A. candidate at the Columbia Business School at Columbia University. He is on the board of directors of Film Technologies International and Alpha Sintered Metals and is a board observer for ASIMCO Technologies Holdings.

Mr. Kessler was a Vice President at GlobalStreams, Inc., a developer of streaming media management software, before he joined KPP in 2001. Additionally, Mr. Kessler spent five years at PricewaterhouseCoopers in the M&A Transaction group, where he managed project teams conducting financial and operational due diligence and post-acquisition integration consulting. Mr. Kessler received his MBA, with high honors, from the University of Chicago and his B.S. in Accounting from Indiana University and is a Certified Public Accountant. Mr. Kessler is a board observer for MC Assembly, Anomatic Holdings and Imperial Bag & Paper.

About Key Principal Partners

Key Principal Partners (KPP) is a nationally recognized private investment firm providing capital to middle market companies throughout North America. KPP utilizes mezzanine and equity capital to fund the growth, buyout, refinancing or acquisition of profitable companies. KPP’s flexible approach to structuring investments does not require control of companies. KPP has over $1 billion in capital under management and can invest $7 million to $35 million in companies with at least $20 million in revenue. Headquartered in Cleveland, KPP is affiliated with KeyCorp, and has offices in Greenwich and San Francisco. For additional information, visit:

About KeyCorp

Cleveland-based KeyCorp is one of the nation’s largest bank-based financial services companies, with assets of approximately $92 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally.

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