Equinox Capital III, L.P. Completes the Recapitalization of St. Matthew's University, Inc.

OVIEDO, FL - (January 27, 2006) Equinox Capital III, L.P. today announced that it has completed the recapitalization of St. Matthew's University, Inc. ("SMU").

Founded in 1997, SMU is a leading for-profit university that awards four-year graduate degrees in Doctors of Medicine (M.D.) and Doctors of Veterinary Medicine (D.V.M.).   SMU utilizes a state-of-the-art curriculum emphasizing low student-to-faculty ratio, strong teacher-student interaction, extensive use of technology to enhance education, group learning, and a case study approach emphasizing clinical training and practical skills.  For more information on SMU, please visit the corporate website at www.stmatthews.edu.

Equinox Capital, Inc., a private investment firm, is a leading provider of equity for lower middle-market corporate acquisitions, recapitalizations and growth capital financings.  Equinox manages approximately $75 million in committed capital and is licensed as a Small Business Investment Company by the United States Small Business Administration.  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.