ComVest has Provided $5 Million in Financing for Controlled Semiconductor, Inc.

West Palm Beach, Florida, December 2006 – The ComVest Group has provided a $5 Million senior, secured revolving loan for Controlled Semiconductor, Inc. ComVest anticipates that the revolving note will foster Controlled Semiconductor’s growth, enabling the company to decrease the time it takes for the building and delivery of products and permitting more competitive delivery

ComVest Announces $90 Million Initial Public Offering of Allegiant Travel Company

West Palm Beach, Florida, December 8, 2006 – The ComVest Group announced the $90 million initial public offerings of its portfolio company, Allegiant Travel Company (NASDAQ: ALGT). Five million shares of common stock were priced at $18.00 per share and the common stock will trade on the NASDAQ Stock Market under the symbol “ALGT”. Merrill

ComVest’s Portfolio Company RITA Medical Systems to be acquired for $220 Million

West Palm Beach, FL — Medical device maker AngioDynamics Inc. (NASDAQ: ANGO) said Tuesday it is purchasing one of The ComVest Group’s portfolio companies, oncology products maker Rita Medical Systems Inc. (NASDAQ: RITA) for about $220 million, plus approximately $3.3 million in assumed debt. Rita shareholders will receive cash and stock totaling $4.70 per share,

ComVest Provides $7.85 Million in Senior Debt Financing to Unify Corporation

West Palm Beach, Florida, November 21, 2006 – The ComVest Group announced that it has provided $7.85 million in senior debt financing, through its non-control fund, ComVest Capital, to Unify Corporation (“Unify”) (OTC: UNFY.OB). Unify will use the proceeds to acquire Gupta Technologies, LLC (“Gupta”) from Halo Technology Holdings, Inc. (“Halo”). The financing is secured

ComVest Completes $72 Million Take-Private with Zomax

West Palm Beach, Florida, October 20, 2006 – The ComVest Group has acquired Zomax Inc. (”Zomax”) in an all cash transaction valued at $72 million, or approximately $2.09 per share. “ComVest has experience as an investor in the supply-chain management industry and we are pleased that they have chosen to further their commitment in the

ComVest Purchases Stonepath Logistics International for $17.9 Million

West Palm Beach, Florida, October 20, 2006 – The ComVest Group announced that it has completed the purchase of Stonepath Logistics International Services, Inc. (“SLIS”), a division of The Stonepath Group (AMEX: STG), for aggregate consideration of $17.9 million. ComVest expects to finalize the purchase of the Stonepath Logistics (Germany) GmbH unit, for a proposed

ComVest Provides $4 Million Long-Term Debt Financing to Alanco Technologies, Inc.

West Palm Beach, Florida, October 3, 2006 – The ComVest Group, through its non-control investment fund, ComVest Capital, announced it will provide a $4.0 M term loan to Alanco Technologies, Inc. (NASDAQ: ALAN), to repay short-term notes and provide working capital to fund operations. Headquartered in Scottsdale, AZ, Alanco is a leading provider of wireless

ComVest signs Definitive Agreement to Acquire Stonepath Unit(s) for $18 million

West Palm Beach, Florida, September 6, 2006 – The ComVest Group announc ed today that it has sign ed a definitive agreement with The Stonepath Group (AMEX: STG), to purchase Stonepath Logistics International Services , Inc. (“SLIS”) and also expects to finalize the agreement to purchase the Stonepath Logistics (Germany) GmbH unit, for a propos

ComVest Enters Into $68 Million Definitive Merger Agreement With Zomax

West Palm Beach, Florida, August 9, 2006 – The ComVest Group announced today that it has entered into definitive agreement under which they will acquire Zomax in an all cash transaction valued at $68 million, or approximately $2.09 per share. “ComVest has experience as an investor in the supply-chain management industry and we are pleased

IT&E International Signs $25m Merger Agreement With Averion Forming World Class CRO

Merger Creates World-Class CRO With Decades of Clinical Trials Support; Strengths in Oncology, Dermatology, Nephrology, and Medical Device Trials BOSTON, MA and SAN DIEGO, CA Jul 6, 2006, IT&E International Group, Inc. (OTC BB:ITER.OB), a life sciences service organization and full-service clinical research organization (“CRO”), today announced that it has entered into an Agreement and