NEWS

ABRY Mezzanine Partners Leads Mezzanine Financing in Broadcast Electronics Acquisition

BOSTON (February, 2006) - ABRY Mezzanine Partners led the mezzanine financing for a transaction in which Audax Private Equity, together with management, acquired Broadcast Electronics, Inc. from Thompson Street Capital Partners.

Broadcast Electronics, Inc. (“BE”), headquartered in Quincy, Illinois, is the worldwide market leader in providing equipment and software solutions to the radio broadcast market. Through its Total Radio initiative, BE provides broadcasters with the most comprehensive offering of HD Radio compatible analog and digital hardware and software solutions in the industry. BE has customers in over 90 countries, and sells to all of the top radio station groups.