Crusader Investments Announces that BMW Holdings Has Acquired St. James Gourmet, A Value-Added Meat Processor Located in Farmingdale, New York.

NEW YORK -- BMW Holdings (the "Company"), a private holding company based in New York, which is embarking on an aggressive consolidation strategy in the value-added segment of the meat industry, has closed on the acquisition of Long Island-based, St. James Gourmet, a value-added meat processor. BMW Holdings was formed by Brian M. Weiner, formerly of Atlantic Veal & Lamb, in Brooklyn, New York, as a vehicle to enter the growing and profitable value-added segment of the meat industry.

Brian Weiner, Chairman and CEO of BMW Holdings, Inc., stated "I am very excited about the closing of the St. James acquisition as it gives us the platform on which we plan to continue our growth strategy of strong organic revenue enhancements and strategic acquisitions. We are already meeting with new customers that will immediately bring additional revenues to the Company and we have identified a number of friendly acquisition targets beyond the second company with which we already have a letter of intent. This second acquisition is predominately a slaughtering and distribution company in Upstate New York, which will allow the Company to partially control the supply of its raw goods, but it also has a custom cutting operation that will complement the St. James acquisition. For St. James, we are already purchasing additional pieces of equipment to automate existing labor intensive production lines as well as introducing a National Sales Manager to oversee a comprehensive marketing and sales effort, which is something St. James hasn't been doing in the past."

BMW Holdings is represented by Crusader Securities (broker-dealer, member NASD), a boutique investment bank headquartered in New York. To date, Crusader has assisted the Company with the closing of the St. James acquisition and the execution of a letter of intent to acquire another private company located in Upstate New York. BMW intends to continue its aggressive growth strategy bringing together synergistic acquisitions to become the leader in the value-added segment of the meat industry. Crusader Capital, an affiliate of Crusader Securities, provided some of the capital necessary to close the St. James acquisition and is prepared to consider funding additional acquisition opportunities for the Company.

Crusader is a boutique investment bank with offices in New York and Los Angeles. Through its extensive relationships with institutional and private investors, Crusader provides its public and private clients access to attractive sources of capital through both private placements and public offerings. Crusader also offers traditional investment banking advisory services including merger and acquisition advice consistent with bulge-bracket firms but with an unwavering boutique firm commitment. Crusader's goal is to build enduring, long-term client relationships by providing professional, independent and strategically advantageous advice. For more information, please contact Blair A. West at 212-472-6200 or visit the Company's website at www.Crusader.com.