SOURCE: GCS Business Capital, Inc.

February 20, 2007 11:05 ET

Leading European Specialty Cable Manufacturer Retains GCS Business Capital, Inc. (GCS) to Assist in Its Offer for Acquisition

CHICAGO, IL -- (MARKET WIRE) -- February 20, 2007 -- Leading European specialty electronic cable manufacturer of high quality copper cables for communication, electronics, data, and audio-video transmission has retained GCS Business Capital, Inc. (GCS), a global M&A firm focused on middle-market companies in the US, Europe and China, to exclusively represent it in its proposed offer for the sale of the cable company.

The selling company's product lines include a broad line of high quality specialty cable products for the communications, electronics, data and audio-video transmission industries:

--  Coaxial Cables: digital TV and radio frequencies coaxial cables, mini-
    coaxial cables and multi coaxial cables for telecommunications;
--  Safety Cables: cables for alarm systems and intercommunication
    devices;
--  Signaling & Control Cables: shielded multi-conductor cables for
    industrial control applications;
--  Data Cables & Others: LAN Cables for industrial automation, field-bus
    cables, cables for video control / intercom systems, professional hi-fi
    audio / video cables.
    
The cable company recently expanded its capabilities in niche, high-margin products and made various improvements which have resulted in an increase in 2006 revenue of 20%, and over the same period, the company has improved EBITDA to 13.0% (EBITDA/Revenue).

Cable Company additional attributes include:

--  30 years in business, has a loyal and established customer and
    distribution base throughout Europe;
--  high quality manufacturer of various cable product lines including
    copper cable products for communication, electronics, data, and audio-video
    transmission;
--  Offers quality brand-named products providing significant leverage to
    sell its various types of products in 30+ countries in Europe and the
    Middle East -- a cross-selling opportunity within existing markets.
    
Future owners can benefit from a broad footprint within the European cable market, with a strong brand name, solid technology and a strategic location primed for expansion.

About GCS Business Capital

GCS Business Capital, Inc. (GCS) is a global M&A advisory firm devoted to middle-market clients in the US, China and Europe. GCS provides financial advisory services to companies engaged in cross-border mergers & acquisitions, international equity joint ventures, and global marketing and distribution alliances. GCS's corporate office is located in Chicago. GCS's global city locations include: Shanghai, Hong Kong, Frankfurt and Milan.

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