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• SHARPER IMAGE NEW CEO IS TURNAROUND SPECIALIST
• BARRY CALLEBAUT ACQUIRES COCOA FACTORY IN PHILADELPHIA
• PRINTPACK INC. ACQUIRES SEAL-IT, INC.
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• 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.
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• 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.
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• 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.
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• 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
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• DSI WORLDWIDE
• THE SANGAMON COMPANY COMPLETES THE SALE OF ITS GREETING CARD DIVISION TO IMAGECRAFT, INC. AND ACQUIRES NEW FINANCING
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• 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

W.C. HERAEUS COMPLETES THE ACQUISITION OF PGP INDUSTRIES, INC.

July 11 , 2000

On May 25, 2000, W.C. Heraeus GmbH & Co. KG, a company of the precious metal and technology group Heraeus Holding GmbH announced the acquisition of PGP Industries, Inc. a US based precious metal recycling company. Conway, Del Genio, Gries & Co., LLC served as advisors to PGP.

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