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• SHARPER IMAGE NEW CEO IS TURNAROUND SPECIALIST
• BARRY CALLEBAUT ACQUIRES COCOA FACTORY IN PHILADELPHIA
• PRINTPACK INC. ACQUIRES SEAL-IT, INC.
• WORLD HEALTH NAMES NEW PRESIDENT
• SELF DISCIPLINE
• FIVE RULES FOR THE (RESTRUCTURING) ROAD
• THE RIGHT BALANCE
• AMERICAN ARCHITECTURAL PRODUCTS CORPORATION COMPLETES THE SALE OF DANVID WINDOW COMPANY TO ATRIUM COMPANIES, INC.
• AMERICAN ARCHITECTURAL PRODUCTS CORPORATION COMPLETES THE SALE OF AMERICAN WEATHER-SEAL COMPANY TO MONARCH HOLDINGS INC.
• AMERICAN ARCHITECTURAL PRODUCTS CORPORATION COMPLETES THE SALE OF BINNINGS BUILDING PRODUCTS TO PGT INDUSTRIES, INC.
• ENCOMPASS ADDS MICHAEL F. GRIES TO EXECUTIVE TEAM AS CHIEF RESTRUCTURING OFFICER
• AMERICAN ARCHITECTURAL PRODUCTS CORPORATION COMPLETES THE SALE OF EAGLE WINDOW & DOOR TO LINSALATA CAPITAL PARTNERS
• MARINER POST-ACUTE GETS REORG PLAN APPROVED
• MARINER PARENT, UNIT READY WITH RESTRUCTURING PLAN
• MACKENZIE-CHILDS, LTD. COMPLETES THE SALE OF SUBSTANTIALLY ALL OF ITS ASSETS TO MCL ACQUISITION CORP.
• MICROAGE, INC. COMPLETES THE SALE OF CERTAIN ASSETS OF ITS COMPUTER TELEPHONY INTERGRATION SALES UNIT OF PINACOR INC.
• MICROAGE, INC. COMPLETES THE SALE OF CERTAIN ASSETS OF ITS MICROAGE TECHNOLOGY SERVICES BUSINESS
• MICROAGE, INC. COMPLETES THE SALE OF THE ASSETS OF ITS MICROAGE TELESERVICES BUSINESS
• MACKENZIE-CHILDS LTD. IN SEARCH OF A BUYER COMPANY ASKS BANKRUPTCY JUDGE FOR PERMISSION TO HIRE A FINANCIAL ADVISER.
• CHARTERHOUSE ACQUIRES CAP GEM E&Y UNIT AND LEADS $50 MILLION FINANCING
• W.C. HERAEUS COMPLETES THE ACQUISITION OF PGP INDUSTRIES, INC.
• WSR STRAUSS CORPORATION COMPLETES THE SALE OF ITS ASSETS TO CHARON INVESTMENTS, LLC AND AFFILIATES
• SEIMENS COMPLETES ACQUISITION OF MOORE PRODUCTS
• TREND-LINES HIRES INVESTMENT BANKING FIRM
• THE SANGAMON COMPANY COMPLETES THE SALE OF SERVICE ADVANTAGE TO AHL SERVICES
• GERALD L. GITNER AND LAURIE M. SHAHON NAMED TO BOARD OF DIRECTORS AT FACTORY CARD OUTLET CORP.
• LESLIE FAY STOCKHOLDERS APPROVE MERGER
• SALANT CORPORATION RESTRUCTURING PLAN IS CONFIRMED BY COURT —COMPANY EXPECTS TO EMERGE FROM CHAPTER 11 BY APRIL 30, 1999
• SALANT CORPORATION COMPLETES THE SALE OF CERTAIN ASSETS OF ITS CHILDREN’S BUSINESS TO WORMSER COMPANY
• FRISBY TECHNOLOGIES, INC. (NASDAQ: FRIZ) COMPLETES ACQUISITION OF STEELE AND ASSOCIATES, INC., MAKER OF STEELEVEST® BRAND COOLING PRODUCTS
• SUNTORY ACQUIRES CLOISTER SPRING WATER
• DSI WORLDWIDE
• THE SANGAMON COMPANY COMPLETES THE SALE OF ITS GREETING CARD DIVISION TO IMAGECRAFT, INC. AND ACQUIRES NEW FINANCING
• FORMER DANSKIN INC. CEO JOINS CONWAY, DEL GENIO, GRIES & CO., LLC
• GERALD METALS, INC. COMPLETES THE SALE OF GERALD FINANCIAL GROUP
• CONWAY, DEL GENIO, GRIES & CO., LLC ANNOUNCE THE FORMATION OF A NEW RESTRUCTURING AND MERGERS & ACQUISITIONS ADVISORY FIRM

DSI WORLDWIDE

December 31, 1998

On December 31, 1998, DSI Worldwide completed a recapitalization with management and Ridge Capital Corporation. DSI is a leading full-service provider of customized air freight forwarding and value added logistics services. Conway, Del Genio, Gries & Co., LLC served as advisors to DSI.

For further information, please contact Robert A. Del Genio of Conway, Del Genio, Gries & Co., LLC, a firm providing specialized corporate finance advisory services focused on mergers and acquisitions and restructurings. Mr. Del Genio’s telephone number is (212) 813-1300.