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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
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• AMERICAN ARCHITECTURAL PRODUCTS CORPORATION COMPLETES THE SALE OF DANVID WINDOW COMPANY TO ATRIUM COMPANIES, INC.
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• MACKENZIE-CHILDS, LTD. COMPLETES THE SALE OF SUBSTANTIALLY ALL OF ITS ASSETS TO MCL ACQUISITION CORP.
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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
• 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

MICROAGE, INC. COMPLETES THE SALE OF CERTAIN ASSETS OF ITS COMPUTER TELEPHONY INTERGRATION SALES UNIT OF PINACOR INC.

May 1, 2001

On May 1, 2001, Micorage, Inc. completed the sale of certain assets of its computer telephony integration (CTI) sales unit of Pinacor Inc. to ScanSource Inc. (Nasdaq: SCSC), a leading value-added distributor of specialty technologies including automaticdata capture and point-of-sale products for approximately $21 million. ScanSource emerged as the sucessful bidder in a Court auction to sell the assets of the CTI sales unit of Pinacor through competitive bidding procedures under Section 363 of the U.S. Bankruptcy Code. The agreementwas approved by the Bankruptcy Court. Conway, Del Genio, Gries & Co. served as financial advisors in this transaction

MicroAge and certain of its subsidiaries filed voluntary petitions for reorganization under Chapter 11 of the Bankruptcy Code on April 13, 2000. Pinacor Inc. was one of the named subsidiaries in the proceeding.

The CTI sales unit of Pinacor Inc. operates as a distributor of voice and data communication product solutions.

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