Equinox Capital, Inc. Announces the Sale of Cushcraft Corporation

MANCHESTER, NH – (September 5, 2003) Equinox Capital, Inc., through one of its affiliates, today announced that it has completed the sale of Cushcraft Corporation (“Cushcraft”) to Polaris Venture Partners and Riverside Partners, Inc., earning six and a half times its investment.

Cushcraft is a world leader in the design, manufacture, development, and marketing of high-performance communications antennas which address a variety of applications in frequencies ranging from 900MHz to 5.8GHz.  Cushcraft’s products are utilized in Wireless Local Area Network, Wireless Local Loop, Wireless Internet, and Wireless Broadband applications utilizing WiFi, PCS/cellular, and other communications protocols. With over 50 years of experience as a leading branded antenna provider, Cushcraft has developed a strong reputation for its engineering and product development expertise, the strength of its customer relationships, and its reliable and cost-effective manufacturing capabilities.  For more information on Cushcraft, please visit the corporate website at www.cushcraft.com.

Equinox Capital, Inc., a private investment firm, is a leading provider of equity for lower middle-market corporate acquisitions, recapitalizations and growth capital financings.  For further information, please contact Steven C. Rodger at 203-622-1605 x12, or visit the corporate website at www.equinox-capital.com.
    
Source: Equinox Capital, Inc.