Acument Global Technologies, Inc. Extends the Consent Payment Deadline for the Tender Offer and Consent Solicitation for Its Senior Secured Floating Rate Notes Due 2014 and Announces the Approval by Citigroup of a $200.0 Million Credit Facility

TROY, Mich.--Acument Global Technologies, Inc. (the “Company”), formerly known as TFS Acquisition Corporation, announced today that as of 9:00 a.m., New York City time, on December 5, 2006, it has extended the consent payment deadline for its previously announced cash tender offer for all of its outstanding Senior Secured Notes due 2014 (CUSIP Nos. 88322C AA7 and U8833 UAA4) (the “Notes”) to 5:00 p.m., New York City time, on December 8, 2006 (as such time and date may be further extended, the “Consent Payment Deadline”). In conjunction with the tender offer, the Company is soliciting consents from holders of the Notes to effect certain proposed amendments to the indenture governing such Notes and to terminate the registration rights agreement relating to such Notes. The tender offer and consent solicitation are being made pursuant to an Offer to Purchase and Consent Solicitation Statement and a related Consent and Letter of Transmittal, each dated as of November 16, 2006. The tender offer and consent solicitation will expire at 5:00 p.m., New York City time, on January 16, 2007, unless extended (the “Expiration Date”). The Expiration Date may not be extended past April 30, 2007.

In addition, the Company announced today that Citigroup has approved the terms of a new credit facility of up to $200.0 million which will be available to the Company to refinance its Notes, subject to final documentation and satisfaction of other customary conditions. If the Company obtains the credit facility on or prior to December 29, 2006, the Company intends to use the borrowings available under such credit facility to redeem all outstanding Notes in accordance with the terms of the Notes and the indenture governing the Notes at a redemption price of 102.00% plus accrued and unpaid interest, if any, on the Notes to the redemption date. If the Company effects such a redemption of the Notes, the Company will terminate the tender offer and consent solicitation and not accept for payment any Notes tendered in the tender offer. Citigroup has no obligation to provide the credit facility and there can be no assurance that the Company will obtain the credit facility on acceptable terms or at all. The tender offer and consent solicitation do not constitute a call for redemption of the Notes.

This press release is neither an offer to purchase nor a solicitation of an offer to sell the Notes. The tender offer and consent solicitation are being made pursuant to the Offer to Purchase and Consent Solicitation Statement and related materials, copies of which will be delivered to all noteholders. Persons with questions regarding the tender offer and the consent solicitation should contact Citigroup Corporate and Investment Banking, the Dealer Manager and Solicitation Agent, at (800) 558-3745 or (212) 723-6106, or Global Bondholder Services Corporation, the Information Agent, at (866) 389-1500 or (212) 430-3774.

The Company is a leading, global, full service provider of value-based fastening systems, offering more than 270,000 stock keeping units to approximately 10,000 customers in over 100 countries. The Company offers a comprehensive range of both highly engineered and standardized products targeted to customers and end-use applications in the aerospace, automotive, construction, electronics, industrial equipment and non-automotive transportation industries.

The statements in this news release that are not historical facts are forward-looking statements that are subject to material risks and uncertainties. Investors are cautioned that any such forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties, and that actual results or developments may differ materially from those in the forward-looking statements as a result of various factors which are discussed in the Company’s Confidential Offering Circular and other periodic reports available via our website (www.textronfasteningsystems.com/pressroom/filings.html). These risks and uncertainties include, but are not limited to, uncertainties relating to our ability to implement our business strategy, including operating as an independent company and our ability to establish our own corporate identity; changes in domestic and international market conditions; our ability to attract and retain customers; changes in capital requirements; fluctuating costs and availability of raw materials; competition; our ability to adapt to technological changes in our industry; our exposure to potential work stoppages; fluctuations in foreign exchange rates; changes in laws and regulations; potential litigation; retention of our management team; and other factors. The Company does not undertake to update any forward-looking statements in this news release or with respect to matters described herein.