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Knox & Co. Assists Toyota Tsusho America, Inc. on Sale of Two Separate Claims


PRESS RELEASE
FOR IMMEDIATE RELEASE


Westport, CT, April 25,
2006 – Knox & Co., a leading investment bank for middle-market and cross-border mergers and acquisitions announced that it acted as financial advisor to Toyota Tsusho America, Inc. ("TTAI") for its recent sale of all rights, title and interest in two separate distressed debt positions.

One claim in Delphi Automotive Systems, LLC, was sold to Hain capital Holdings, LLC. The other claim in Dana Corporation and its subsidiary, Torque-Traction Integration Technologies, LLC, was sold to JPMorgan Chase Bank, NA. Frederick A Rossetti, Managing Director with Knox & Co. was lead banker on both transactions.

TTAI is a long time investment banking client of Knox & Co. For this particular assignment, Mr. Rossetti developed appropriate bid procedures and marketed the strategic claims to a number of firms who invest in similar positions in the ordinary course. Mr. Rossetti commented, "When Toyota Tsusho requested that we undertake this assignment, we immediately went to the market with the debt. The response was extremely positive, and we secured what we believe was maximum value for our client."

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 American and, when necessary, abroad. Knox & Co. conducts its securities-related business through its wholly owned subsidiary, Knox Securities Corp., member NASD. In addition, the firm enjoys strategic alliances with major Asian financial institutions, including Mitsubishi UFJ Securities Co., Ltd.

Knox & Co. (www.knoxandco.com) has advised on more than 150 middle-market merger and acquisition an financial advisory assignments since its inception.

Contact:
Federick A. Rossetti
203-226-6288 (x111)
jfrossetti@knoxcorp.com

 
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