KODA Enterprises Group Announces Comprehensive Restructuring of its Credit Facilities with Berkshire

KODA announces that it has completed a comprehensive refinancing of its senior credit facility with Berkshire Bank to allow the continuing rapid growth of Pro Air Holdings. Pro Air Holdings has two operating units, Pro Air, LLC in Elkhart, Indiana and American Cooling Technology, Inc. (“ACT”) located in York, Pennsylvania.

This new financing, which included a substantial capital infusion from KODA, provides significant liquidity to the companies to allow for their continued growth as they increase their market share.

Dennis Mitchell, President and CEO of Pro Air, LLC states “KODA’s ongoing support of Pro Air and ACT has allowed both companies to continue to execute their growth strategies in the transportation markets they serve. It is comforting to know we have a confident and committed owner.”

KODA Enterprises Group, located in Lexington, MA is a middle market private investment firm that concentrates on companies in niche markets that have the potential to benefit by the financial strength and expertise KODA provides to its portfolio companies.

For further information contact: James Peden, Chief Operating Officer KODA Enterprises Group 423-756-8891 jpeden@koda.com

KODA Realty Announces Purchase of Elkhart Facilities and Comprehensive Refinancing of Real Estate

KODA Realty announces the purchase of two facilities in Elkhart, Indiana and the refinancing of its facility in Sanford, Florida.

The facilities in Elkhart are leased by our Pro Air operating unit and the facility in Sanford is leased by a former portfolio company, Adapco, Inc.

Both of these facilities are being financed by Berkshire Bank. Mark Foster, Vice President of Berkshire stated “both of these facilities are in excellent condition and we are extremely confident that Koda Realty will manage these assets in a professional manner.”

KODA Enterprises Group, located in Lexington, MA is a middle market private investment firm that concentrates on companies in niche markets that have the potential to benefit by the financial strength and expertise KODA provides to its portfolio companies.

For further information contact: James Peden, Chief Operating Officer KODA Enterprises Group 423-756-8891 jpeden@koda.com

KODA Enterprises Group Announces Sale of KODA Distribution Group to Audax

KODA Distribution Group (“KDG”) today sold a majority of its position to Audax, a Boston based Private Equity Firm. KODA will continue to be the largest non-institutional investor and William S. Karol, President and CEO of KODA, will continue his involvement as the Chairman of the Board. Mr. Karol’s role will be as active driver of KDG’s growth strategy with future acquisitions playing a major role in this strategy.

Bill Karol stated “by teaming up with Audax and their outstanding operational and financial resources, I believe we can achieve our strategic goals faster and take KDG to the next level of growth and profitability. We expect that our continuing investment in KDG will yield outstanding returns for everyone involved.”

KODA Enterprises Group, located in Lexington, MA is a middle market private investment firm that concentrates on companies in niche markets that have the potential to benefit by the financial strength and expertise KODA provides to its portfolio companies. http://www.burnslev.com/downloads/amazing-deals/Burns-Deals-Ad-2011-Web.pdf http://www.sperrymitchell.com/kdg.asp

For further information contact: James Peden, Chief Operating Officer KODA Enterprises Group 423-756-8891 jpeden@koda.com

KODA Enterprises Group Announces Opening of its Second Facility for its KLW Plastics, Inc. Operation

In February 2008, KLW Plastics, located in Monroe, Ohio began production in its second production facility in Houston, TX. Houston was selected due to its proximity to our large current and prospective customer base as well as to geographically broaden KLW’s U.S. footprint. KLW’s president, Mike Legeza, commented that “Houston allows KLW to serve a broader reach of customers, delivering superior quality and logistics reliability to new customers previously disadvantaged by high freight costs and excessive transit time. With a manufacturing presence in Houston that can competitively serve the South, Southeast, and South West U.S., KLW is the sole national supplier of environmentally-friendly 3.5 to 7 gallon plastic containers that meet increasingly stringent state packaging regulations.” KLW- Houston shipped its initial truck load in the first week of March 2008. As demand continues to increase, the company plans to increase capacity in Houston while exploring potential locations for a third production facility.

KODA Enterprises Group, located in Lexington, MA is a middle market private investment firm that concentrates on companies in niche markets that have the potential to benefit by the financial strength and expertise KODA provides to its portfolio companies.

For further information contact: James Peden, Chief Operating Officer KODA Enterprises Group 423-756-8891 jpeden@koda.com