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Amtex was the first Modular Building Manufacturer in Texas. Established in
1976, Amtex takes great pride in the high quality of custom buildings created over the years. PRESS RELEASE FOR IMMEDIATE RELEASE: Bradford Equities Management, L.L.C., HSBC Capital (USA) Inc., Amtex Corp. and Indicom Buildings, Inc. announces the formation of Sunbelt Modular, Inc. GARLAND, TX – May 17, 2007 - Bradford Equities Management, L.L.C. (“Bradford”) in White Plains, NY, HSBC Capital (USA) Inc. (“HSBC Capital”) in New York, NY, Amtex Corp. (“Amtex”) and Indicom Buildings, Inc. (“Indicom”) announces the formation of Sunbelt Modular, Inc. (“Sunbelt Modular”). The formation of Sunbelt Modular creates the largest wholesale manufacturer of commercial modular buildings in the South Central United States. Sunbelt Modular will continue the business model of Amtex and Indicom of providing high quality commercial modular buildings to dealers across the Sunbelt states. David Meyer President and CEO of Amtex and Michael Mount, President and CEO of Indicom will continue to lead the Sunbelt Modular team. Jon Van Tuin, Managing Director of Bradford, said “We are excited about the formation of Sunbelt Modular and working with both David Meyer, Michael Mount and their experienced management team to continue to strive to be the industry leader in producing wholesale commercial modular buildings. We believe Sunbelt Modular will allow us to better serve our dealer network by making it easier for them to receive quotes, order products and receive enhanced services that the growing market place needs.” David Meyer, President and CEO of Amtex, said “We believe the formation of Sunbelt Modular will greatly benefit our existing dealer network by allowing us to leverage and expand our existing resources at both Amtex and Indicom to better service our dealers. We value our long term relationships with our dealers and will strive to find ways to create more value for them while treating our vendors the same way we want to be treated by our customers.” Michael Mount, President and CEO of Indicom, said “We will continue with our goal of being the industry leading wholesale manufacturer of high quality commercial modular buildings. Sunbelt Modular will allow us to continue to find ways to better serve our existing dealer base in both fleet products and on larger custom buildings. We recognize that with this leadership role come far greater standards and expectations. We welcome that challenge.” About Bradford and HSBC Capital Bradford (www.bradfordequities.com) and HSBC Capital are leading private equity investors in middle market companies and bring extensive financial expertise and resources to their portfolio companies. Since 1974, Bradford has acquired more than 150 companies with sales in excess of $4.0 billion. HSBC Capital, the U.S. private equity arm of HSBC Bank USA, currently manages over $850 million of assets and is backed by HSBC Holdings PLC, the world's third largest financial institution. Bradford and HSBC Capital intend to leverage their experience and resources to enable further growth at Sunbelt Modular. Contact: David Meyer, President and CEO, Amtex, (972) 276-7626 Michael Mount, President and CEO, Indicom, (817) 447-1213
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