FOR IMMEDIATE RELEASE
CONTACT:
Christina A. Novicki
Capital Resource Partners
617-723-9000

CAPITAL RESOURCE PARTNERS ANNOUNCES A PROMOTION AND TWO NEW HIRES

Boston, MA, August 1, 2002 - Capital Resource Partners ("CRP"), announced today the promotion of Scott R. Rivard to Investment Manager, the hiring of E. Drew Richards as Investment Associate, and the hiring of John P. O'Leary as Finance Accountant. Capital Resource Partners is $900 million private capital group investing mezzanine and equity for later-stage growth, recapitalizations, and buyouts.

Scott Rivard joined CRP in 1999 as an associate, and has worked on numerous investments in a range of industries including business and information services, software, consumer products, and financial services. Prior to joining CRP, he was a financial analyst in the natural resource group at Credit Suisse First Boston where he assisted in public and private financings, mergers and acquisitions, and public equity offerings. Scott graduated cum laude with a Bachelor of Arts in Economics from Middlebury College.

E. Drew Richards joined Capital Resource Partners in July as an investment associate. Prior to CRP, he was an investment banking analyst in the Leveraged Finance Group at Salmon Smith Barney where he was involved in multiple layers of the transaction process including conducting financing modeling, valuation analyses, due diligence, and industry research, as well as structuring senior, high yield, and mezzanine transactions. Drew graduated magna cum laude with a Bachelor of Arts in Math and Economics from Williams College.

John P. O'Leary joined Capital Resource Partners in July as well as a finance accountant. Prior to CRP, John was a staff accountant at GC Companies, which operates the circuit of theatres under the name, General Cinema Theatres, and was acquired by AMC Theatres in 2002. Prior to joining GC Companies, he was a portfolio accounting analyst at Putnam Investments. John graduated cum laude with a Bachelor in Science in Accounting and Management from Norwich University.

Capital Resource Partners invests $10 million to $30 million of mezzanine and equity capital for later-stage growth and expansion, incremental acquisitions, recapitalizations, and buyouts in a range of industries including business and information services, manufacturing, distribution, and industrial services, consumer products, and healthcare.