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Knox & Co. Advises Meitec Corporation of Japan on Sale of Two Divisions in U.S.


PRESS RELEASE
FOR IMMEDIATE RELEASE

Westport, CT, January 16, 2006 – Knox & Co., a leading investment bank for middle-market and cross-border mergers and acquisitions announced today that it acted as financial advisor alongside Mitsubishi UFJ Securities Co., Ltd., to Meitec Corporation, of Japan for its recent divestiture of two divisions in the U.S. owned by Meitec subsidiary, Novations Group, Inc.

The VMS Division provides financial services consulting, training and personnel staffing. The second division operating as the FLA Division provides proprietary and custom video products in linear and interactive form for the training and education of clients employees and management. Each division was sold to separate buyers in separate transactions.

Frederick A. Rossetti, Managing Director with Knox & Co. was lead banker on both transactions. He was assisted by Iichiro Takahashi and Mark S. Campbell both Vice Presidents with Knox and Tsuyoshi Togo, Vice President, Mitsubishi UFJ Securities (USA), Inc.

Knox & Co. is an investment banking, consultancy and advisory firm specializing in two complementary advisory disciplines: Investment Banking and Corporate Reorganization. The firm undertakes assignments throughout North America and, when necessary, abroad. Knox & Co. conducts its securities-related business through its wholly owned subsidiary, Knox Securities Corp., member NASD.

Contact:
Frederick A. Rossetti
203-226-6288 (x111)
frossetti@knoxcorp.com

 
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