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Traffic Control and Safety Corporation Completes Two Additional Acquisitions in California

Newport Beach, CA - October 1, 2007 - Traffic Control and Safety Corporation (”TCSC”), a portfolio company of Marwit Capital Partners II, L.P., announced today that it has completed two additional acquisitions to broaden its growing presence in California — Toomey Industries, Inc. of Long Beach, CA and American Barricade, Inc. (ABI) of Anaheim, CA.   Toomey and ABI are two of the most highly respected providers of traffic control and related safety products and services for road and highway maintenance, construction and safety applications in Southern California.  Terms of the transaction were not disclosed.

Chris Britt, Managing Partner at Marwit Capital stated, “We are elated about the addition of Toomey Industries and ABI to the TCSC family of companies.  We are building an organization comprised of high quality, well-established, and customer focused businesses in the traffic control industry, and these two companies significantly bolster our presence in the Southern California market.”  Bob Perret, CEO of TCSC adds, “Steve Toomey of Toomey Industries and Judy Digon of ABI are among the most highly respected entrepreneurs in the industry, with years of experience and knowledge to assist us with our strategies, and we are very excited to have an opportunity to build on their impressive legacies.”

Founded in 1985, Toomey Industries is one of the largest renters and providers of traffic control products and services in Southern California.  The Company is a full service design-and-build manufacturer of permanent and temporary traffic signs, safety signs, construction and job site signs and related products.  The Company’s services also include the sale, rental and service of traffic control equipment and personal safety supplies.  Toomey serves a diverse customer base including general contractors and underground contractors.

Founded in 1981, American Barricade offers a complete line of traffic control and safety products including traffic plans, permits and bonding services.  The Company serves general contractors, as well as customers in the environmental, entertainment, and special events industries.

The acquisitions of Toomey Industries and ABI are the 3rd and 4th acquisitions completed by TCSC, joining Safety Systems Hawaii, Inc. and Statewide Safety & Signs, Inc. as subsidiaries of TCSC.

About Marwit Capital

Based in Southern California since 1977, Marwit Capital is a private equity firm that invests in lower middle market “micro cap” businesses that are leaders in niche markets, have revenues of $15 to $125 million, EBITDA of $3 to $15 million, and enterprise values generally less than $75 million at the time of acquisition. In all instances, Marwit partners with experienced CEO Partners and management teams that invest alongside the Fund, and actively collaborates with them to create value. Marwit specializes in management buyouts, platform LBO acquisitions in partnership with experienced industry executives, recapitalizations, and later stage growth and expansion investments. MCP II generally invests $10 to $25 million of equity capital per Portfolio Company, in one or a series of investments, and has invested more than $250 million since 1995. MCP II completed its final closing on August 15, 2007 at $183 million of committed capital.

Media Contacts:
Carol Farrell
Marwit Capital
949-861-3636
cfarrell@marwit.com

Safety Systems Hawaii, Inc. Statewide Safety & Signs, Inc. Toomey Industries Inc. American Barricade Inc. Flashco Inc. Flash Safety Co. Traffic Solutions, Inc.
     
 
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