Integrated Asset Management Corp.

Integrated Asset Management Corp.

October 31, 2006 16:20 ET

Integrated Asset Management Corp. and Integrated Private Debt Corp. Announce Re-Financing for Airboss of America Corp.

TORONTO, ONTARIO--(CCNMatthews - Oct. 31, 2006) - Integrated Asset Management Corp. (TSX VENTURE:IAM) ("IAM") and its private corporate debt group, Integrated Private Debt Corp. ("IPD") announced today the re-financing of a senior secured loan facility to AirBoss of America Corp.(TSX:BOS) ("Airboss"). Two loans were advanced, one of Cdn $ 9 million and one of U.S. $ 10 million. Both loans have a term of 5 years and a 15 year amortization.

AirBoss develops, manufactures and sells proprietary rubber - based products for the transportation, military and industrial markets. AirBoss is also one of North America's largest rubber mixing companies specializing in custom rubber mixing and compound development.

John Robertson, President of IPD, said "We are very pleased to have this well-managed enterprise in our portfolio and look forward to a productive business relationship over the next 5 years."

IPD provides funding from and manages the $ 600 million Integrated Private Debt Fund LP on behalf of a number of pension funds and other institutional investors. Fixed-rate term loans of up to $ 100 million are provided to mid-market companies for such purposes as refinancing existing debt, business expansion and project finance. Loan origination, underwriting, structuring, management and administration are provided by IPD.

IAM is Canada's leading alternative asset management company, with approximately $3 billion in assets and committed capital under management in private debt, private equity, managed futures, real estate and hedge funds.

The TSX Venture Exchange Inc. has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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