CRG Partners appoints four new partners

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New York, October 9, 2007 - CRG Partners Group LLC (CRG Partners), a leading provider of turnaround, crisis-management, restructuring and performance-improvement services today announced that John Calabrese, Eric Danner, Bruce Erickson, and Michael Pinette have been appointed partners.

"We are pleased to recognize John, Eric, Bruce and Mike for their achievements and leadership, both within CRG Partners and the industry at large," said Scott Avila, Managing Partner. "The dedication and expertise of these professionals is a reflection of the firm's industry specialization and commitment to producing results for clients. All of us at CRG Partners congratulate and welcome them as partners."

John Calabrese has more than 20 years of experience developing and implementing effective financial restructuring plans. Mr. Calabrese has a BS from the University of North Carolina at Chapel Hill.

Eric Danner works in crisis management situations creating and implementing turnaround business plans, managing cash flows and performing mergers and acquisitions reviews. Mr. Danner holds both CPA and CIRA accreditations, and he currently serves on the AIRA Board of Directors. He holds a BA from Vassar College and an MBA from Boston University.

Bruce Erickson has 20 years of experience working with companies in distress. Mr. Erickson heads CRG Partners' Wind-Down and Exit Management practice area and has led many of the firm's important bankruptcy, wind-down and liquidation engagements. Mr. Erickson holds a BS and an MBA from the University of New Hampshire and the designation of Certified Turnaround Professional.

Michael Pinette has served as advisor to companies experiencing operational performance issues in a wide variety of manufacturing environments for more than 30 years. Mr. Pinette holds a BS from Lowell Technological Institute and an MBA from American International College.

About CRG Partners
CRG Partners serves distressed and underperforming middle-market companies internationally with an extensive portfolio of operational-improvement, financialrestructuring and crisis-management services. CRG has offices in Atlanta; Bethesda; Boston; Charlotte; Chicago; Dallas; Los Angeles; New York; and Vienna, Austria. For more information, visit www.crgpartners.com.

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