Phoenix Innovations Corp. Introduces revolutionary new gas grill product - the SMOKIN’ SIDEKICK®, September 15, 2008

Phoenix Innovations Corp. Introduces revolutionary new gas grill product

  THE SMOKIN’ SIDEKICK®

A new era of grilling has begun

Oakville, Ontario, Canada – September 15, 2008 – Phoenix Innovations Corp. today announced the introduction of the SMOKIN’ SIDEKICK®.  Phoenix Innovations Corp. is a world leader in the development of gas grill related products.  The SMOKIN’ SIDEKICK® will completely change the definition of outdoor cooking.   

“The Smokin SideKick®  provides the consumer with the ability to smoke, bake, roast, steam and even keep food warm,” said Dawn DellaValle, Vice President of Product Development of Phoenix Innovations Corp.  “Best of all, the Smokin SideKick® is powered from the side burner of any gas grill. The side burner has long been the most under-utilized feature on a gas grill. The Smokin’ SideKick® will change that forever.”

The Smokin SideKick® is the result of 16 months of research and development focused on North American grilling habits with the goal of creating a new grilling system. “Consumers identified that they like the taste of smoked food but most were unwilling to purchase a large smoker, or unable to due to space restrictions” said DellaValle.  “There is a demand in the market for a smaller, more convenient way to smoke foods and to meet the needs of today’s Urban Smoker.  We identified a significant gap in the market and designed the Smokin’ SideKick® to meet that market opportunity. The additional benefits of baking, roasting, steaming or warming functions add to the overall appeal of the product.”

The Smokin’ SideKick® is incredibly efficient and fits on any gas grill. The secret with the Smokin’ SideKick® is the patented heat entry and venting system that delivers exact cooking temperatures. It effectively brings the oven from the kitchen- outdoors! The Smokin’ SideKick® comes equipped with a lower smoking tray, a vapor tray to keep foods moist while cooking, and adjustable shelves to accommodate various foods and cooking applications.

The Smokin’ SideKick® will be available through most leading gas grill retailers in January of 2009.

In 2009, households across North America will be cooking…….Smokin’ SideKick® style!

About Phoenix Innovations Corp.

Phoenix Innovations Corp. is a manufacturer of high quality and innovative consumer products.  Phoenix Innovations designs and produces a full line of electric fireplaces and stoves, gas grills and gas grill replacement parts and accessories and maintains long-standing relationships with some of North America’s leading retailers.  For more information about the Smokin’ SideKick®, please visit http://www.smokinsidekick.com/

About Cobalt Capital

Cobalt Capital is a boutique private equity firm made up of former business owners and operators seeking to help private companies grow and innovate by investing their own capital and contributing their operating expertise. The partners of Cobalt Capital have significant business and entrepreneurial experience in a wide range of disciplines, sectors and geographies, and Cobalt Capital works closely with the companies in which it invests in order to help them achieve their growth objectives.

For more information please contact:

Dawn DellaValle
Vice President, Product Development
Phoenix Innovations Corp.
(877) 744-3649
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www.phoenixinno.com

Scott Dunlop
Managing Director
Cobalt Capital Inc.
(905) 815-9755, ext. 231
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Cobalt Capital Announces Investment in Pyrotek Special Effects Inc., June 23, 2010

Cobalt Capital Announces Investment in Pyrotek Special Effects Inc.

 Oakville, Ontario, June 23, 2010 – Cobalt Capital Partners, L.P. today announced the completion of an investment in Pyrotek Special Effects Inc. (“Pyrotek”), the live entertainment industry’s leading provider of special effects designs, equipment and services.

 “We are excited about the opportunity to partner with the founding shareholders of Pyrotek and to work with them to build upon the “best-in-class” reputation, products and service offerings they have developed over many years of hard work and creativity”, said Patrick Keane, President & Chief Executive Officer of Cobalt Capital Inc.  “Pyrotek has an excellent position in a very healthy segment of the entertainment industry and we look forward to working with the company as it continues to develop and deliver its first rate special effects solutions to the world’s leading artists,” added Scott Dunlop, Managing Director of Cobalt Capital Inc.

  Additional financial support for this transaction, and Pyrotek’s growth plans, was provided by BMO Bank of Montreal and BMO Capital Corporation.

 “We are very pleased to be able to add new financial partners to our successful business model as we work to continue to provide our current and future customers with the special effects they need to deliver truly outstanding live experiences to their fans,” said Doug Adams, founder of Pyrotek. 

 “The artists we work with depend upon us to help them make their vision of the show “experience” a reality through creative design, leading special effects technology and logistics expertise that enables them to re-create that experience night after night in the context of a large and complex tour,” added Lorenzo Cornacchia, President of Pyrotek. “I’m looking forward to working with our new financial partners as we continue to deliver leading edge and award winning designs to our clients.”

  About Pyrotek Special Effects Inc. 

With over 25 years of experience and with offices located in Toronto and Las Vegas, Pyrotek is an award winning special effects company providing full service, innovative design and execution of visionary special effects for live productions, including stadium and arena tour productions, award shows, festivals and live television productions. Pyrotek provides full service for North American and World Tours, from working with artists on the design of the show to providing dedicated, licensed technicians to continue working with artists day to day while on tour to ensure that the effects are safely and professionally executed. Along with special effects, Pyrotek’s sister companies, Laser Design Productions (“Laser Design”) and Aqua Visual FX (“AVFX”), provide breathtaking laser and water screen effects.  Artists with which Pyrotek, Laser Design and AVFX are currently working include: Bon Jovi, Green Day, Jonas Brothers, Kid Rock, Lady GaGa, Metallica, Paul McCartney, Rush, TNA Wrestling and many more.  More information about Pyrotek, Laser Design and AVFX can be found at: www.pyrotekfx.com, www.laserdesignproductions.com and www.aquavisualfx.com

  About Cobalt Capital

 Cobalt Capital is a boutique private equity firm made up of former business owners and operators seeking to help private companies grow and innovate by investing their own capital and contributing their operating expertise.  The partners of Cobalt Capital have significant business and entrepreneurial experience in a wide range of disciplines, sectors and geographies, and Cobalt Capital works closely with the companies in which it invests in order to help them achieve their growth objectives.

For more information please contact:

 Scott Dunlop

Managing Director

Cobalt Capital Inc.

(905) 815-9755, ext. 231

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Cobal Capital Annonces Senior Management Addition, June 15, 2009

COBALT CAPITAL ANNOUNCES SENIOR MANAGEMENT ADDITION

Oakville, Ontario, June 15, 2009 – Cobalt Capital is pleased to announce that Brian Hogan has joined its team as Director & Chief Financial Officer.

Brian is a senior financial executive with over twenty years of operating experience across the consumer packaged goods, manufacturing, distribution and service sectors. Brian has held senior financial positions at a number of companies over the course of his career, including:

● Iovate Health Sciences Inc. (a market leader in sports nutrition and diet products sold under the MuscleTech and Hydroxycut brands), where he was responsible for all financial, IT and human resources functions;

● CFM Corporation, where he led all operational accounting and financial planning, analysis and reporting matters;

● Amkor Technology (a global provider of semiconductor assembly and test services), where he oversaw all business-level accounting, planning, analysis and reporting for this company's operations in Japan and the Philippines;

● Andersen Logistics (the distribution and fulfillment subsidiary of Andersen Windows), where he was responsible for all financial management and financial reporting functions; and

● Siebe, Inc. (a global engineering and manufacturing business), where held various corporate and business unit financial management roles.

Brian has extensive experience in all matters relating to financial operations in a broad variety of environments, both in North America and globally, including financial operating process development and improvement, IT system design and implementation, business acquisitions and integration, corporate finance, organizational risk management and strategic development and planning.

“We are excited about the addition of Brian to the Cobalt Capital team,” said Patrick Keane, President & Chief Executive Officer of Cobalt Capital. “Brian’s well-rounded financial background and deep experience in financial operations will be tremendous assets not only as we aggressively grow our portfolio of investments, but also as we work with these companies to help improve their operations and realize their growth potential. Cobalt Capital continues to focus on opportunities to provide equity financing in support of small and medium-sized business ownership succession, and the addition of Brian’s skills to our group will help ensure that businesses that have specific areas for improvement in financial operations do not face unnecessary barriers to the realization of quidity for their owners.”

About Cobalt Capital

Cobalt Capital is a boutique private equity firm made up of former business owners and operators seeking to help private companies grow and innovate by investing their own capital and contributing their operating expertise. The partners of Cobalt Capital have significant business and entrepreneurial experience in a wide range of disciplines, sectors and geographies, and Cobalt Capital works closely with the companies in which it invests in order to help them achieve their growth objectives.

For more information please contact:
Scott Dunlop
Managing Director
Cobalt Capital Inc.
(905) 815-9755, ext. 231
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