February 24, 2009

For Press Inquiries:

Kelly O'Donnell
Director, Marketing and Communications
Beringea, LLC
kodonnell@beringea.com
(248) 489-9000

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Beringea Named "Best of Michigan" by Corp! Magazine

FARMINGTON HILLS, Mich. — Beringea, Michigan's largest venture capital firm, was named a "Best of Michigan" business by Corp! Magazine. The award recognizes successful companies that are committed to doing business within the State of Michigan. With $400 million under management, Beringea is internationally respected as a top performing manager of regionally targeted investment programs, including the $150 million InvestMichigan! Growth Capital Fund. This fund, which invests growth capital in Michigan-based companies, is designed to retain and attract growth businesses to the State and further develop Michigan's entrepreneurial ecosystem.

"We are very proud to have received this award," says Charles Rothstein, founder and senior managing director at Beringea, adding, "Beringea has a continued interest in doing business in Michigan; it has historically been an area offering great opportunities to entrepreneurs. Today, the legacy of innovation, the accessibility to a talented workforce and the availability of new state-wide initiatives has made Michigan optimal grounds for companies in growth industries."

About Beringea

Beringea is an international private equity and investment banking firm with offices in Detroit, Los Angeles, London and Shanghai. Beringea's funds invest in a range of small to medium sized companies with the potential for high growth and strong returns for investors. Beringea is the manager of funds including InvestMichigan! Growth Capital Fund, InvestCare Partners and Global Rights Fund II, among others. For more information on Beringea's private equity activities, visit www.beringea.com