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Cobal Capital Annonces Senior Management Addition, June 15, 2009


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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Cobalt Capital Inc. is a management company providing management services to Cobalt Capital Partners, L.P. in respect of its investing activities. The officers of Cobalt Capital Inc. are also partners of Cobalt Capital Partners, L.P. and its general partner, Cobalt Capital Management GP, L.P.