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Palm Beach Capital Announces Acquisition of SUNZ Group, LLC

Sunday June 29, 2008

Doug Lilak, SUNZ Chief Executive Officer, stated, ‘We are very excited about Palm Beach Capital’s acquisition, and are looking forward to growing SUNZ’ base of business. With the assistance of Palm Beach Capital, we believe we can grow into many new markets.’

‘Customers are demanding multi-state coverage and we intend to expand into additional states to support them,’ stated Nate Ward, a partner at Palm Beach Capital.

‘Our investment will allow the company to grow significantly in both the short- and long-term.’

SUNZ’ competitive loss programs, the ‘SUNZ Solution’, allows its insured customers to effectively and actuarially balance the risk and reward of loss retention. SUNZ’ goal is to become a long-term business partner with each insured customer, not simply its insurance carrier. SUNZ achieves this goal by providing each insured partner personalized service and flexibility unsurpassed by any other insurance carrier. For more information about SUNZ, please visit the company’s website at www.sunzinsurance.com.

About Palm Beach Capital

Founded in 2001, Palm Beach Capital is a private equity investment firm which specializes in making investments in and building early and middle-stage private companies. With offices in both West Palm Beach and Tampa, Florida, the firm focuses on high growth investment opportunities with enterprise values ranging from $10 million to $100 million. Since its inception, Palm Beach Capital has made investments in 27 companies and has approximately $200 million in total assets under management. For more information, please visit the firm’s website at www.pbcap.com

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