Atlanta, GA, October 15, 2004
Caymus Partners LLC Provides Financial Advisory Services to Lynch Corporation

Caymus Partners LLC is pleased to announce that it has successfully completed a fairness opinion for Lynch Corporation (AMEX: LGL) (“Lynch Corp.” or the “Company”) with respect to a proposed private investment in the Company’s public equity (“PIPE”). The proposed PIPE will be primarily used by the Company to complete its pending acquisition of Piezo Technology, Inc., a designer and manufacturer of precision oscillators, filters and resonators. Caymus Partners was the exclusive advisor to the Company in its fairness opinion.

About Lynch Corp.

Incorporated in 1928, Lynch Corp. operates as the holding company of Lynch Systems, Inc. (“Lynch Systems”) and M-Tron Industries, Inc. (“M-Tron”). Lynch Systems is a designer, manufacturer and marketer of equipment for the electronic display industry. M-Tron is a designer and manufacturer of frequency-modulated electronic components.

About Caymus Partners

With offices in Atlanta and New York, Caymus Partners is a leading middle-market investment banking firm, providing merger and acquisition advisory services, private placements and other financial advisory services. Combined, the firm's senior bankers have more than 65 years of experience and have closed over 250 transactions. More information can be found at www.caymuspartners.com.
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