Atlantic Capital Group Invests in Four Projects

BALTIMORE, Aug. 18, 2006 -- Atlantic Capital Group (ACG) announced the closing of its ACG I, LLC Series A Private Placement Offering. The total offering of approximately $9,800,000 was first published on May 16, 2006, and was fully subscribed as of June 19, 2006.

Proceeds of the offering were used to acquire ACG's investment in four separate projects: 1) a pool of eight Marriott Residence Inn hotels; 2) a 40- unit condominium conversion project located in Jersey City, NJ; 3) the lead investment in a Round B financing of National Auto Inspections, LLC, trading as Carchex ("Carchex") (Class B Common Shares of capital stock); and 4) the lead investment in a Round A financing of Oil Purification Systems, Inc. ("OPS") (Series A Convertible Preferred Stock).

About ACG

Headquartered in Baltimore, ACG is a private equity firm that invests in opportunities across multiple sectors throughout the United States. ACG invests in late-stage venture and early-stage growth companies as well as in the commercial and residential real estate sectors. ACG's principals are experienced entrepreneurs and operators, who have founded and/or managed businesses from start-ups to public companies with revenues in excess of $1.5 billion. ACG draws upon the experience of its principals to identify equity and/or mezzanine financing investments in growing businesses that are poised for scale and have records of success, creativity and cash flow. While pursuing opportunistic investments in growth companies across multiple industries, ACG's focus is weighted toward opportunities in sectors in which its principals have direct experience.

ACG has developed a disciplined deal-sourcing process that enables it to quickly and thoroughly review investment opportunities while relying on its investment philosophy and partners' experience to provide sound investment decisions aimed at achieving specific projected risk-weighted returns.

More information about ACG and its Series A investments may be found at http://www.atcapgroup.com/. To contact ACG directly, call Peter M. Rubin at (443) 872-0738.