Leader In Corporate Renewal Announces That Managing Director

Has Been Awarded CTP

Boston, MA – August 29, 2002 -- Capital Restoration LLC, a leader in the growing corporate renewal market, today announced that its Managing Director, Armand Lucarelli, has qualified for the designation, Certified Turnaround Professional (CTP). Mr. Lucarelli, who is also a CPA, achieved one of the highest scores in the U.S. in the qualifying examination.

Only 230 individuals nationwide hold the coveted CTP designation of the Turnaround Management Association (TMA). The TMA is the only organization solely dedicated to setting standards and promoting professional development in the corporate renewal field.

About Capital Restoration LLC

Capital Restoration LLC is a leader and innovator in the growing field of corporate renewal. Corporate renewal is the art of restoring distressed companies to operational excellence and financial profitability or, where that is not possible, effecting an orderly liquidation at the highest possible valuation. Services offered by CRL include crisis management, turnaround management, operational upgrades, forensic accounting, lender advisory services and valuations. The CRL team is composed of highly experienced professionals with a broad range of business skills and experience in many industries.