Traffic Control and Safety Corporation Completes the Acquisition of Flash Safety Co., Inc.

Newport Beach, CA - March 3, 2008 - Traffic Control and Safety Corporation (”TCSC”), a portfolio company of Marwit Capital Partners II, L.P., announced today that it has completed the acquisition of Flash Safety Co., Inc. (”Flash Safety”) of Sacramento, California.  The acquisition further strengthens TCSC’s footprint in the California traffic control market.  Based in Sacramento, with additional locations in Oakland and Santa Rosa, CA, Flash Safety is one of the most successful and well established traffic control companies in Northern California and the Western U.S.  Terms of the transaction were not disclosed.

Bob Perret, CEO of TCSC stated, “We are truly honored to welcome Flash Safety to the TCSC family of traffic control and safety companies.  Flash Safety maintains one of the best reputations for quality and service in the industry, and is an ideal addition to help grow TCSC’s California division.”  Chris Britt, Managing Partner at Marwit Capital adds, “Ken Williams and Jayne Williams of Flash Safety are true pioneers of the traffic control industry in the Western U.S., and we really look forward to working with them in the future.  Their industry knowledge and relationships within the traffic control industry are unparalleled.”  Thomas Dollhopf, Principal of Marwit Capital stated, “A discussion of the industry leaders would not be complete without including Flash Safety and Ken and Jayne Williams.”

Founded in 1976, Flash Safety helped build the traffic control industry in California and has grown to become one of the most well known and respected traffic control products and services providers in the state.  The Company is a full service provider of permanent and temporary traffic, safety and construction signs, barricades, arrow and message boards, cones and personal safety supplies.  The Company’s product and service mix is comprehensive and includes product sales, equipment rentals, and the provision of traffic control services such as lane closures and traffic control plans to a diverse and long-standing customer base.  On Flash Safety becoming part of TCSC, Ken and Jayne Williams stated “We feel we found the right company to carry on the legacy of Flash Safety.  We really like the strategy that TCSC is employing to build a leading company in the traffic control industry, and look forward to contributing in any way that we can going forward.”

Flash Safety is the 5th acquisition completed by TCSC since June 2007, joining Safety Systems Hawaii, Inc. (Honolulu, HI), Statewide Safety & Signs, Inc. (Nipomo, CA), Toomey Industries, Inc. (Long Beach, CA) and American Barricade, Inc. (Anaheim, CA) 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