Columbia West Capital News
08.26.05 CWC commences NASD Broker-Dealer Operations

We are pleased to announce the commencement of the NASD Broker-Dealer operations of Columbia West Capital, LLC (“CWC”), a Phoenix-based investment bank focused on providing premier investment banking services to companies throughout the Southwest, and in selected industries nationwide. We have the capabilities and expertise to provide a broad spectrum of investment banking services including private placement capital raising, M&A advisory, strategic financial advisory, debt restructurings, fairness opinions and business valuations. CWC provides major-market investment banking experience, unparalleled access to private equity and debt funding and CEO-level expertise to companies ranging from promising emerging ventures through successful middle market enterprises with up to $100 million in revenues. CWC offers its clients the expertise of a large investment banking firm with the energy and focused attention of a small, entrepreneurial firm.

Our partners have extensive deal experience from major-bracket investment banks in New York and Los Angeles. CWC founders have raised more than $5 billion of capital for more than 50 of the most successful growth companies
in the United States, including Mailboxes, Etc., Harrah’s Entertainment, (TMP Worldwide), Anchor Gaming, Entercom, Hickory Farms, and HQ Office Solutions among others. CWC Partners and Advisory Board Members also bring CEO and board-level operating expertise with a wide range of companies from venture-backed Silicon Valley technology companies to large international financial institutions. The range of our experience and perspectives provide exceptional value to companies seeking to explore and accomplish their objectives for growth and/or liquidity.

We encourage you to visit our Website for more detailed information on our firm and the services we offer. CWC is a registered Broker-Dealer with the NASD and all our partners have series 63, 7 and 24 securities licenses.

Guy Downing, Managing Director  

Mr. Downing has fifteen years of investment banking and financial advisory experience, including nearly a decade of major-market investment banking experience at CIBC World Markets and BT. Alex Brown. He has successfully
executed more than 60 transactions representing a total value in excess of $25 billion, including M&A advisory assignments, strategic financial advisory, IPO's, Equity Offerings, Debt Restructurings, Syndicated Bank Loans, High Yield Debt Offerings, and Investment-Grade Debt Offerings. Mr. Downing holds a B.S. in Finance from Arizona State University and an MBA from the Stanford Graduate School of Business.

Kevin Fechtmeyer, Managing Director  

Mr. Fechtmeyer has an extenisve background in Investment Banking and Private Equity, including co- founding and managing some of the leading private placement and private equity groups on Wall Street. Mr. Fechtmeyer is
currently President of Cave Creek Capital Management, a Private Equity Fund which invests up to $10 million per transaction in both majority and minority positions. Mr. Fechtmeyer's experience was gained in over 15 years and over $1 billion in managed transactions with The Shattan Group, Prudential Securities, Inc., Kidder, Peabody & Co., Inc and Merrill Lynch. Mr. Fechtmeyer has a degree in Accounting and Entrepreneurship from the University of Arizona and an MBA from the Columbia Graduate School of Business.

Kaley Parkinson, Managing Director  

Mr. Parkinson has over twenty years of senior management experience as a CEO or CFO in high growth companies. During his career, he has successfully raised eight rounds of venture capital funding, numerous bank and leasing
financings, US and Canadian government fundings and public issuances. Among other companies, he was a co-founder and CFO of Zylin Corp. He grew Zylin to 120 employees and more than $15 million in revenue then negotiated the sale of the company to Varian Associates, a NYSE company. Mr. Parkinson holds a BA from Stanford University and an MBA from the Columbia Graduate School of Business.