Press Releases

SUPERIOR CAPITAL COMPLETES INVESTMENT UNDER NEWLY FORMED CUSTOM PUBLISHING PLATFORM TARGETING HIGHER EDUCATION MARKET

FOR IMMEDIATE RELEASE

Detroit, MI, September 8, 2009 — Superior Capital Partners, LLC, a Detroit-based private equity firm, announced today that it has formed NAPC Holdings, LLC, an investment platform that was created to acquire the assets of Ann Arbor, Michigan-based National Archive Publishing Company in a secured party sale. NAPC Holdings will operate the business through two new subsidiaries, XanEdu Publishing, Inc. and NA Publishing, Inc. The purchase price was not disclosed.

XanEdu Publishing, Inc. is the nation’s largest publisher of customized educational coursepacks for the higher education market. XanEdu provides its university customer base with a trusted source for copyright clearance and innovative hosting and delivery capabilities. XanEdu’s technology-based approach to coursepack compilation and delivery has accelerated the adoption of participant-centered, interactive learning in many leading universities. XanEdu’s customer base includes 75% of the top 50 business schools in the country. NA Publishing, Inc. provides microform archiving of periodicals and journals for the library, higher education and healthcare markets.

NA Publishing’s Periodicals in Microform program comprises the largest historical archive of journals and magazines, with over 20,000 titles available in multiple archive quality formats.

Mark Carroll, Superior’s Managing Partner, commented, “We are extremely pleased to partner with the NAPCH team and to sponsor the capitalization of two strong national publishing brands, XanEdu Publishing and Periodicals in Microform.” Carroll continued, “Each offers unique opportunities to serve the higher education market and we are committed to expanding these businesses going forward. The NAPC Holdings investment fits squarely within Superior’s investment strategy of buying good companies with bad balance sheets and represents a compelling combination of assets with leading market positions in growing markets.”

Daniel Arbour, CEO of NAPC Holdings commented, “Our team is extremely enthusiastic about partnering with Superior to continue the growth of the business. The de-leveraging that occurred through the transaction will enable us to invest in growth and to focus on expanding our publishing and archiving services to our customers.”

The strategy of Superior is to combine capital, transaction experience and operational improvement expertise with proven management teams who have the vision, capability and commitment to successfully improve and grow their businesses. Superior seeks to acquire or recapitalize niche manufacturers, value-added distributors and specialty service companies. Generally, these companies will have annual revenues of $30 to $150 million, hold strong market positions and have identifiable growth opportunities.

Contact: Mark Carroll | Superior Capital Partners LLC | (313) 596-9601 | email