

| Atlanta, GA, April 15, 2005 | |||||||||||||||||
| Caymus Partners LLC Advises Technion Communications Corporation on Private Placement | |||||||||||||||||
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About Technion Technion operates call centers for its growing client base of blue chip companies. The Company has a fully integrated network connecting all of its operating centers that allows voice and data to be delivered via IP (Internet protocol) as a single virtual resource. Technion specializes in e-commerce solutions, inbound teleservices, outbound telemarketing, account executive teleservices, Hispanic teleservices and database management.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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3475 Lenox Road, Suite 650
Atlanta, GA 30326
(404) 995-8300
17th Floor
New York, NY 10022
(212) 755-3600
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Caymus Partners LLC is pleased to announce that it has successfully raised $5 million in subordinated debt for Technion Communications Corporation (“Technion” or the “Company) through the private placement of senior subordinated secured notes. The financing allows the Company to fund the generation of new customers and enhance the Company’s strategic focus. Caymus Partners negotiated the terms of the Company’s financing, which minimized dilution to the Company’s shareholders and positioned the Company for future growth. Caymus Partners also provided strategic advice on the future growth of the Company’s business and its profitability initiatives. Caymus Partners continues to serve as the Company’s exclusive strategic advisor.