Accilent Capital Management Inc.

Accilent Capital Management Inc.

December 15, 2008 15:29 ET

Arizona for Canadians: Canadian Real Estate Investors Have a New Way to Invest in Distressed U.S. Real Estate

TORONTO, ONTARIO--(Marketwire - Dec. 15, 2008) -

THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER OR SOLICITATION OF SECURITIES IN ANY JURISDICTION IN WHICH OR TO ANY PERSON TO WHOM SUCH OFFER OR SOLICIATION MAY NOT BE LAWFULLY MADE.

Attention: Business and Real Estate Editors

Arizona for Canadians has partnered with Accilent Capital Management Inc. ("Accilent") to offer Panurban 112ºW Limited Partnership 1 (the "Fund" or the "Partnership"), a new real estate investment product for accredited and eligible investors across Canada. The product series, named for the longitude that runs through the greater Phoenix area, creates opportunities for Canadians to benefit from distressed real estate housing in Arizona through a private placement of up to 1,500,000 limited partnership units (the "Units") at a price of C$10.00 per Unit for gross proceeds of C$15,000,000.

The net proceeds received by the Partnership from the sale of Units will be used to invest in a portfolio consisting primarily of existing single family residential homes in the U.S.$125,0000-$200,000 purchase pricing per home range located in the greater city of Phoenix, Arizona.

Arizona for Canadians approached Accilent Capital to jointly conceive the fund for sophisticated and high net worth qualified investors as an opportunity has arisen due to the significant price deterioration (averaging 40%-70% from peak prices for the target properties) caused by cycles of over-speculation and correction over the last several years brought on by the United States sub-prime mortgage lending crisis. Notwithstanding the current level of deterioration in prices and credit availability, Arizona for Canadians believe there are strong long term prospects for Canadian investors to profit from the situation based on anticipated economic and overall credit market recovery combined with solid growth fundamentals, demographics and location attributes underlying the Phoenix market.

Mark Dziedzic is the president of Arizona GP Management Ltd., the General Partner of the Fund, and co-founder of Arizona for Canadians, an Arizona-based firm that specializes in relocation, and property purchasing and investments by Canadians in the Arizona real estate market. Mr. Dziedzic is also the president of Crossborder Realty Inc. and has specialized in the Canadian investment industry for over 15 years with the start of his successful career at one of Canada's top-rated banks.

Accilent Capital Management Inc. is the Investment Manager of the Fund, and Dan Pembleton, president, is also vice-president of the General Partner. Accilent specializes in alternative assets and commodities, and has significant experience in developing, marketing and managing multiple investment styles across several funds, including assisting in dealing with approximately C$65 million of real estate oriented funds, developing and managing a series of flow-through resource funds, and managing Canada's only series of funds that invest in physical inventory of investment grade wines.

Arizona for Canadians is a specialty financial advisory group that provides real estate services, financing, and property management in the Arizona marketplace for individuals and investment groups, and has been retained by the General Partners and the Investment Manager as the "Special Advisor" to the Fund.

This press release has been prepared for informational purposes only and does not constitute an offer to sell securities in any manner. Reference should be made to the Offering Memorandum available upon request in connection with any securities described herein prior to determining whether the Units are suitable investment for purchase. This press release contains forward-looking statements including speculation or stated beliefs about future events, such as market and economic conditions, company or security performance or other projections. Forward-looking statements are based on the opinions and estimates of management at the date the information is given, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The forward-looking statements contained herein is given as of the date hereof and Arizona for Canadians and Accilent Capital Management assume no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.

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