Fairmount Partners Forms Strategic Alliance with Regent Associates

WEST CONSHOHOCKEN, PA. – May 6, 2004 – Fairmount Partners, an independent investment banking firm focused on the needs of emerging growth and middle market companies and Regent Associates, Europe’s leading financial advisor to technology organizations, have formed a strategic alliance to serve their clients who have international investment banking requirements, especially cross-border mergers and acquisitions.

“Our goal is to grow a world-class investment banking group based in Philadelphia serving several key industries. The reach of the Regent Associates network throughout Europe and elsewhere provides our clients with additional cross border transaction advice and execution, and expands our access to the leading European technology companies and investment entities. In addition, Regent and Fairmount’s shared commitment to providing emerging growth and middle market companies with independent, first-rate advice makes us ideal partners,” stated Dick Thatcher, Managing Director at Fairmount Partners.

The strategic alliance has already proven fruitful with the successful launch of two cross-border technology engagements over the last month.

“There is every reason to believe that we will continue to leverage our joint knowledge base, industry insight, and relationships to build on the early success of our partnership. We believe that Regent, in coordination with Fairmount, will form one of the most formidable merger/acquisition advisory teams operating on both sides of the Atlantic,” said Peter Rowell, Chairman of Regent.

ABOUT FAIRMOUNT PARTNERS

Fairmount Partners provides a comprehensive range of merger and acquisition, private placement (equity and debt) and strategic advisory services to fuel growth in our client’s companies. Fairmount Partners’ clients include:

– Entrepreneurial emerging growth companies with enterprise values typically ranging from $5 million to $300 million.

– Private equity and venture capital firms.

– Larger corporations with enterprise values greater than $300 million seeking acquisitions or select divestitures and/or strategic advice.

– Primarily healthcare, technology, business services, communications/media services and consumer goods companies.

Headquartered in Philadelphia, Fairmount Partners has global experience, having executed engagements in North America, Europe and the Middle East. The principals of Fairmount have successfully completed more than 70 engagements in the last three years.

For more information, please visit www.fairmountpartners.com.

ABOUT REGENT ASSOCIATES

Founded in 1987, Regent Associates is Europe’s leading advisor to organizations in the technology industries on all aspects of corporate development including, acquisitions, divestments, company sales, financing, valuations and strategic advice. With a successful track record of over 400 completed assignments, Regent’s client base includes many of the world’s best known technology companies. Regent is headquartered in Windsor, UK, and has European offices in Paris, Frankfurt, Milan and Madrid. Regent handles assignments ranging from local engagements to complex international transactions. Regent Associates was voted “Advisor of the Year – 2002” by the European Technology Forum.

For more information, please visit www.regent.co.uk

Contact:
Richard W. Thatcher