GE Antares Provides $87.5 Million Senior Credit Facility for Electrograph Systems, Inc., a Leading National Distributor of Display Technology.

CHICAGO -- GE Antares Capital today announced that it has provided a senior credit facility of $87.5 million to Electrograph Systems, Inc. ("ESI"), a portfolio company of Caxton-Iseman Capital, Inc. ("Caxton"), to support Electrograph's previously announced acquisition of International Computer Graphics, Inc. ("ICG"). GE Capital Markets is acting as sole lead arranger for the $87.5 million first-lien credit facility.

The financing consists of an $80 million, five-year ABL revolving credit facility and a $7.5 million, three-year term loan. Electrograph will use the proceeds of the financing to refinance existing debt, support the company's acquisition of ICG, and meet its future working-capital and general corporate needs.

Founded in 1982, Electrograph Systems, Inc. is a leading national distributor of display technology solutions, including plasma displays, LCD displays, LCD and DLP(TM) projectors, and rear screen projection TV's. With four regional offices and a network of more than 4,000 reseller partners and integrators, Electrograph is the one of the largest plasma display distributor in the U.S. and is the only distributor to operate a certified ICIA nationwide sales and service network. The company specializes in display, audio, connectivity and other complementary technologies for the professional audio/video, high-end consumer and commercial industries.

International Computer Graphics, Inc. is headquartered in City of Industry, CA (Los Angeles region). The company was founded in 1985 by Mike Ahmar, as a value-added distributor of graphics peripherals for the CAD market and has evolved into a leading specialty distributors of desktop displays, A/V presentation products and digital imaging peripherals in the United States. Initially located in San Jose, Calif., ICG now operates seven full-service centers across the United States, with two in California and one each in Washington, Texas, Illinois, Ohio and New Jersey. Each regional distribution hub has a sales center with outbound account managers and a technical sales team.

"GE Antares was able to provide a creative financing structure. Our deal team quickly and reliably delivered a flexible capital structure solution," said William Kane, Vice President of GE Antares.

Robert Ferris, a Managing Director at Caxton-Iseman, said: "We appreciate the role played by GE Antares in Electrograph's successful debt refinancing and in its acquisition of ICG. GE Antares has demonstrated a high degree of responsiveness that helped get both the refinancing and the deal done, and that have helped Electrograph position itself for continued growth and success."

About Caxton-Iseman Capital, Inc.

Caxton-Iseman Capital, Inc. is a New York-based private equity firm. In addition to ESI, its portfolio companies include Ply Gem Industries, Inc., a manufacturer of vinyl building products; Buffets Inc., the leading owner and operator of buffet-style restaurants; and Meritain Health, a third-party administrator of health care plans providing medical management and cost management services for employers, insurers, HMOs and other TPAs. Caxton-Iseman's investment vehicles have available capital in excess of $2 billion.

About GE Antares Capital

GE Antares Capital is a unit of GE Commercial Finance - Global Sponsor Finance. With over $8 billion in assets, and offices in Boston, Chicago, London, New York, and San Francisco, GE Antares offers a "one-stop" source for GE's lending and other services offered to the private equity sponsor middle market. Visit www.geantares.com.

About GE Commercial Finance

GE Commercial Finance, which offers businesses around the globe an array of financial products and services, has assets of over $190 billion and is headquartered in Stamford, Connecticut. GE (NYSE: GE) is Imagination at Work - a diversified technology, media and financial services company focused on solving some of the world's toughest problems. With products and services ranging from aircraft engines, power generation, water processing and security technology to medical imaging, business and consumer financing, media content and advanced materials, GE serves customer in more than 100 countries and employs more than 300,000 people worldwide. For more information, visit the company's website at ge.com.