Knox & Co. advises SND Electronics on its sale of its Information Technology Subsidiary

PRESS RELEASE
FOR IMMEDIATE RELEASE

Westport, CT, October 28, 2008 – Knox & Co., a leading investment bank for middle-market and cross-border mergers and acquisitions announced today that it acted as financial advisor to the Former SND, Inc. f/k/a SND Electronics Inc., (“SND”) on its sale of its Brazilian subsidiary, S.N.D. Distribuição de Produtos de Informática Ltda. (“SND Brazil”), to First Alliance and Capital Invest A.G. SND has been operating under Chapter 11 in the United States Bankruptcy Court, District of Connecticut, New Haven Division. The sale of SND Brazil was conducted pursuant to Section 363 of the U.S. Bankruptcy Code.

SND Brazil is headquartered in Sao Paulo,Brazil. It is the leading distributor of personal computer (“PC”) components, software and peripherals and value-added service. SND Brazil distributes these PC products to many of the premier suppliers of computer hardware, networking equipment and software, maintaining direct relationships with vendors such as Microsoft Corporation, Samsung Corporation and LG Electronics, Inc. The Company had sales for its most recent fiscal year-end in excess of US$140 million.

“Over the last few years, the lower half middle-market has become an increasingly global marketplace. This transaction is a perfect example, combining a U.S.bankruptcy proceeding, a European buyer and a Latin American seller. It is transactions like this where Knox can add significant value to its clients,” noted Frederick Rossetti, Managing Director. “We would also like to thank our Brazilian partner on this deal, Brasilpar Serviços Financeiros Ltda. Mr. Alberto Ortenblad was instrumental in facilitating the closing of the transaction from Sao Paulo.” Matthew Andrejkovics, Vice President also assisted in the completion of this transaction, the terms of which were not announced.

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 abroad. Knox & Co. conducts its securities-related business through its wholly owned subsidiary, Knox Securities Corp., member FINRA. In addition, the firm enjoys a number of international strategic alliances including a 15 year relationship with Mitsubishi UFJ Securities Co., Ltd.

Knox & Co. (www.knoxandco.com) has advised on more than 200 middle-market merger and acquisition and financial advisory assignments since its inception.

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

Knox & Co.
33 Riverside Avenue
5th Floor
Westport, Connecticut 06880
Phone: 203-226-6288
Fax: 203-226-8022
www.knoxandco.com