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November 1, 2006

GILBERT, AZ — Schwab Sales, LLC, based in Gilbert, Arizona, has completed a $95,000,000 refinancing.  Schwab Sales specializes in renting earth moving equipment to contractors and developers in the Southwest.  FocalPoint arranged, structured and negotiated the debt with CIT serving as sole lead Arranger and Administrative Agent and Wachovia and JPMorgan Chase serving as Co-Documentation Agents.

“This transaction demonstrates FocalPoint’s ability to close transactions in sectors that require specific expertise and insight,” commented Dan Conway, Managing Director of FocalPoint. “Our relevant industry experience was critical in assisting the company in obtaining the financing under the most favorable terms.”  In addition to the equipment rental industry, FocalPoint has operating partners and areas of expertise in a number of sectors including restaurants, technology, healthcare, manufacturing, consumer products and business services among others.

About FocalPoint

FocalPoint is an independent investment bank specializing in mergers and acquisitions, private placements of debt and equity, and financial restructurings. The firm’s primary focus is on middle-market companies with revenues between $10 million and $250 million in a diverse range of industries.  FocalPoint has an active equipment rental investment banking practice and publishes a quarterly equipment rental newsletter.

Please feel free to contact Dan Conway at (310) 405-7010 with any questions about this transaction.