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Environmental Express, Ltd.

New York, NY (March 9, 2006) – FCP Investors, Inc. of Tampa, FL has acquired Environmental Express, Ltd. of Mt. Pleasant, SC. Sperry, Mitchell & Company initiated this transaction, assisted in the negotiations and served as exclusive financial advisor to Environmental Express.

Environmental Express, Ltd. (www.environmentalexpress.com) is a leading developer, manufacturer, and marketer of apparatus and consumable products for the environmental laboratory testing market. Founded in 1989, the Company supplies a range of products used in applications such as water / wastewater analysis, oil and grease analysis, metals concentration analysis, and toxic sample analysis. Environmental Express markets its products to commercial environmental laboratories, municipal laboratories, water treatment plants, laboratory product dealers, and industrial manufacturers. Mr. Paul Strickler, a co-Founder of the Company, has retained an on-going equity interest in Environmental Express.

FCP Investors, Inc. (www.FCPinvestors.com) is a private investment firm that acquires or recapitalizes profitable private companies valued between $5 million and $100 million. Since 1988, FCP has managed over $350 million in equity funding. FCP focuses on niche manufacturing, specialty service, and value add distributing companies, having acquired 35 platform companies and over 80 add-on acquisitions within these industries.

Sperry, Mitchell & Company (www.sperrymitchell.com) is an investment banking firm specializing in middle-market merger and acquisition advisory services. Since the firm’s founding in 1986, Sperry, Mitchell has completed over 250 transactions in a wide-range of industries, with values ranging from $10 - $450 million.


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