Sentinel sells Fasloc to DSI USA to form leading mine safety company

Combines Two Leading Mining Safety Products Companies

NEW YORK, January 22, 2007 - Sentinel Capital Partners, a leading private equity firm that invests in promising, smaller middle market companies, announced today the sale of Fasloc, Inc. to DSI USA , an affiliate of Germany-based DYWIDAG-Systems International. Financial terms of the sale are not being disclosed.

Fasloc manufactures polyester resin cartridges, under the Fasloc® and Cableloc® brands, that permanently secure roof support bolts used in mines to create stable and secure roofs, particularly in underground coal mines in the Eastern United States and hard rock mines in Canada. Sentinel purchased Fasloc from E.I. DuPont de Nemours (NYSE:DD) in 2005, and Sentinel's ownership provided the basis for Fasloc's transformation from a non-core unit of a large corporation to a successful stand-alone enterprise. DSI is a leading supplier of geotechnical, mining and tunneling systems known world wide for innovation, quality and dependability.

"Fasloc has combined with a strategic investor that sets high value on constant and successful growth and innovation based on local presence and global competence," said Paul Murphy, a partner at Sentinel. "Since Sentinel acquired Fasloc, we have helped to enhance the company's management team and structure, improve operating efficiencies and further strengthen its reputation as a product innovator and high quality service provider for the global mining industry."

According to Max Burnham, Chief Executive Officer of Fasloc, "Sentinel's support was instrumental to improving our operations, product mix and financial performance and helped lay the groundwork for this highly strategic arrangement with DSI. We are very excited about our prospects as we enter a new era of profitable growth for Fasloc."

"The Fasloc sale is an outstanding transaction for Sentinel and its investors," said Jim Coady, a partner at Sentinel. "We helped Fasloc transition from a non-core operating unit of a larger company to a strategically vital component for DSI. We've enjoyed our relationship with Fasloc's management team and employees and are pleased with the success of the deal and where the company stands today."

Part of Sentinel's strategy is to invest in industries where the firm has experience and has enjoyed success, such as the manufacturing sector. The firm's investments in Spinrite, Inc., a leading manufacturer and marketer of craft yarn products, and Alemite Holdings, LP, a leading manufacturer of industrial lubrication equipment, were some of its most successful. Sentinel's other portfolio companies in the manufacturing sector include Nivel Holdings LLC, an aftermarket golf car replacement parts and accessories manufacturer and distributor; LTI Flexible Products, a manufacturer of die-cut and molded flexible rubber and plastic components and sealing systems; and Madill, Inc., a manufacturer of forestry equipment.