Acument Global Technologies, Inc. Extends The Expiration Date For The Tender Offer and Consent Solicitation For Its Senior Secured Floating Rate Notes Due 2014.

TROY, Mich. -- Acument Global Technologies, Inc. (the "Company"), formerly known as TFS Acquisition Corporation, announced today that as of 5:00 p.m., New York City time, on January 16, 2007, it has extended the expiration date for its previously announced cash tender offer for all of its outstanding Senior Secured Notes due 2014 (CUSIP Nos. 88322C AA7 and U8833 UAA4) (the "Notes") to 5:00 p.m., New York City time, on February 17, 2007 (as such time and date may be further extended or earlier terminated, the "Expiration Date").

In conjunction with the tender offer, the Company is soliciting consents from holders of the Notes to effect certain proposed amendments to the indenture governing such Notes and to terminate the registration rights agreement relating to such Notes. The tender offer and consent solicitation are being made pursuant to an Amended and Restated Offer to Purchase and Consent Solicitation Statement, dated as of December 12, 2006 (which amends and restates the Offer to Purchase and Consent Solicitation Statement, dated as of November 16, 2006, which was previously distributed to holders of the Notes), and a related Consent and Letter of Transmittal, dated as of November 16, 2006. As of 5:00 p.m., New York City time, on January 16, 2007, the Company had received valid tenders and consents from holders of approximately $193,875,000 in aggregate principal amount of the Notes, representing 100% of the outstanding Notes.

In accordance with the terms of the tender offer, tendered Notes may no longer be withdrawn and delivered consents may no longer be revoked, unless the Company is required by law to permit withdrawal or revocation. The Expiration Date may not be extended past June 30, 2007. This press release is neither an offer to purchase nor a solicitation of an offer to sell the Notes. The tender offer and consent solicitation are being made pursuant to the Offer to Purchase and Consent Solicitation Statement and related materials, copies of which will be delivered to all noteholders. Persons with questions regarding the tender offer and the consent solicitation should contact Citigroup Corporate and Investment Banking, the Dealer Manager and Solicitation Agent, at [phone] or [phone], or Global Bondholder Services Corporation, the Information Agent, at [phone] or [phone].

About Acument Global Technologies, Inc

Headquartered in Troy, Mich., USA, Acument Global Technologies, Inc. is a leading provider of value-based fastening solutions, engineered fastening systems, state-of-the-art fastening installation technology, and inventory management and application engineering services. With about 8,500 employees in 16 countries worldwide, the company supplies fastening products, systems, and services to customers in more than 150 countries. Platinum Equity acquired the company (previously Textron Fastening Systems, Inc.) from Textron Inc. on August 11, 2006.

Forward-Looking Information

The statements in this news release that are not historical facts are forward-looking statements that are subject to material risks and uncertainties. Investors are cautioned that any such forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties, and that actual results or developments may differ materially from those in the forward-looking statements as a result of various factors which are discussed in the Company's Confidential Offering Circular and other periodic reports available via our website (www.textronfasteningsystems.com/pressroom/filings.html). These risks and uncertainties include, but are not limited to, uncertainties relating to our ability to implement our business strategy, including operating as an independent company and our ability to establish our own corporate identity; changes in domestic and international market conditions; our ability to attract and retain customers; changes in capital requirements; fluctuating costs and availability of raw materials; competition; our ability to adapt to technological changes in our industry; our exposure to potential work stoppages; fluctuations in foreign exchange rates; changes in laws and regulations; potential litigation; retention of our management team; and other factors. The Company does not undertake to update any forward-looking statements in this news release or with respect to matters described herein.