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Press Releases

ABRY Leads Recapitalization of Triple Point Technology Inc.

August 17, 2006

BOSTON (August 17, 2006) - ABRY Partners recently led the recapitalization of Triple Point Technology Inc. ("Triple Point", or the "Company"). ABRY invested $38 million in Convertible Preferred Stock in Triple Point for a majority ownership position in the Company. Existing management, led by Peter Armstrong and Paul D'Amico, own the remainder of the shares. Triple Point is the leader in trading and risk management information solutions for commodities including power, oil, gas, coal, metals, agricultural products, and freight. Triple Point's award winning information management solutions are used by more than 25 percent of both Global 500 commodity trading companies and Global 500 energy companies.

Triple Point is a rapidly growing company serving an expanding and increasingly volatile energy trading marketplace. Barriers to competition for the Company's customers are strong as evidenced by minimal historic customer attrition. Working with ABRY, Triple Point intends to pursue substantial organic growth opportunities as well as growth through complementary acquisitions.

ABRY Partners, based in Boston, is one of the oldest and largest private equity funds in North America investing exclusively in the media, communications and information industries. ABRY has over $7.0 billion of assets under management and since 1989 has completed over $18.0 billion of leveraged transactions in the media, communications and information industries.

Marlin & Associates New York LLC ("M&A") initiated this transaction, assisted in the negotiations and acted as the exclusive strategic and financial advisor to Triple Point. Founded in 2002, Marlin & Associates (M&A) is a boutique investment banking firm focused exclusively on providing a limited number of highly strategic and specialized, transaction-related services to US and international middle-market firms in technology, information, media and business-services. Marlin & Associates' professionals have advised on over 200 successfully completed transactions in the technology and information services sector. The firm is based in New York City and Washington DC.

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