1105 Media, Inc., Completes the Acquisition of The CPM Group.

CHATSWORTH, Calif. -- 1105 Media, Inc., announced today it has acquired The CPM Group, producer of contingency planning and management conferences and information products serving the fields of business continuity, emergency management, and security. CPM, based in Lambertville, NJ, will become part of the Security Products division of 1105 Media, headed by Group Publisher Russell Lindsay. The seller is West Coast WirelessLines, a portfolio company of MCG Capital Corporation (Nasdaq: MCGC). Terms of the transaction were not disclosed.

"The acquisition of CPM adds another dimension to our activities in the security marketplace by deepening our presence in several important niches," said Neal Vitale, President and CEO of 1105 Media, Inc. "This transaction also begins the expansion of the former Stevens Publishing properties into live events."

"We are very excited to become a part of the 1105 Media organization, and to draw on a much deeper array of resources. CPM strives to work harder than anyone else in the industry to offer the most relevant, current topics facing the business continuity community at each of our conferences. This transaction helps to bring these important issues more effectively to an even broader audience," states Kristie O'Keefe, Director, Event Planning and Marketing, The CPM Group.

CPM is the global center of excellence for information and strategic advice on business continuity, emergency management and security. The company produces the highly successful, semi-annual CPM conferences, publishes the CPM-Global Assurance e-newsletter, and also offers a variety of Web-based marketing products and list rentals specifically targeted to the business continuity, security and emergency management industry. The next CPM conference is scheduled for May 22-24, 2007, at the Mirage Hotel in Las Vegas.

Security Products is the leading industry media brand in the global security marketplace, serving more than 70,000 security professionals each month. Security Products magazine is the only product focused publication reaching both suppliers and end users.

"The addition of the CPM Group is a natural extension of the Security Products franchise now that the physical and IT security responsibilities are converging," comments Russell Lindsay. "This acquisition is our first step into the high growth event area, giving us the ability to offer complete, integrated packages to our marketing partners."

1105 Media, Inc.

1105 Media, Inc., is a leading provider of integrated information and media in targeted business-to-business markets, including specialized sectors of the information technology community; industrial health, safety and compliance; security; environmental protection; and home healthcare. 1105's offerings span print and online magazines, journals and newsletters; seminars, conferences and trade shows; training courseware; and web-based services. 1105 Media is based in Chatsworth, CA, with offices throughout the United States; it was formed on April 7, 2006, by Nautic Partners LLC, Alta Communications and Neal Vitale, to acquire 101communications, LLC, and Stevens Publishing.

MCG Capital Corporation

MCG Capital Corporation is a solutions-focused commercial finance company providing financing and advisory services to middle market, growth-oriented companies throughout the United States. Our investment objective is to achieve current income and capital gains. Our capital is generally used by our portfolio companies to finance acquisitions, recapitalizations, management buyouts, organic growth and working capital.