New small cap growth firm launched

Perimeter Capital Management founded by former Trusco professionals

JUNE 26, 2006 – ATLANTA – Perimeter Capital Management LLC announced its launch today as a registered investment adviser specializing in the management of small and small-to-mid (SMID) cap equities for institutional clients.  The principals of Perimeter Capital are former employees of Trusco Capital Management, a wholly-owned subsidiary of SunTrust Banks, Inc. (NYSE: STI).  In addition to the entire small cap growth investment team, the principals represent tenured executive management, sales, client relations and trading professionals.  Perimeter Capital Management, LLC, is structured as a private partnership in which the key professionals have majority equity ownership.  Private equity firm Rosemont Investment Partners LLC is a minority stakeholder in the new firm.

Bradley Ball will lead Perimeter Capital as Chief Executive Officer. Ball, who brings over 20 years of executive management experience to Perimeter, previously served as Executive Vice President, Director of Sales & Marketing and a member of the executive committee at Trusco Capital Management. “I am excited to be leading such a talented team complete with a successful investment track record and comprehensive experience in trading, compliance, sales and marketing.  Perimeter’s structure will provide our professionals with the advantage to focus upon aligning the goals of clients, their intermediaries and our firm,” states Ball.

Perimeter Capital’s Chief Investment Officer, Mark D. Garfinkel, CFA, will lead the investment team, which includes Jim Behre, Patrick Kirksey, Carrie Tallman and Adam Stewart, CFA.  Together, they will continue to execute their diversified small cap growth investment discipline as they have for the past seven (7) years.  Led by Garfinkel with his 16 years of investment experience, the group was most recently responsible for managing over $2.8 billion in small cap growth assets for Trusco Capital, including the STI Classic Small Cap Growth Fund.  “We are an extremely close-knit team that shares a strong work ethic and passion for small cap growth equity investing,” comments Garfinkel.  Behre, Perimeter’s Director of Research, brings over 20 years of investment experience and will serve as lead analyst on the small cap growth discipline.  In addition, Adam C. Stewart, CFA brings over 10 years of trading and operations experience to his role as Perimeter’s Director of Trading and Chief Compliance Officer.  Stewart most recently served as Head of Trading at Trusco Capital.

Christopher J. Paolella, a 20-year veteran of institutional sales and marketing, will serve as Perimeter’s Director of Marketing & Consultant Relations.  Theresa N. Benson brings over 13 years of investment industry experience to her role as Director of Third-Party Distribution & Client Relations for the new firm.  Both Paolella and Benson served in similar roles at Trusco Capital and will be supported by marketing manager Steven C. Budde.

About Rosemont Investment Partners, LLC

Rosemont Investment Partners, LLC provided funding and organizational assistance for the new firm’s launch and will provide ongoing strategic insight to the Company as a board member and partner with management.  “This is a group of professionals who have already proven how well they work together.  In the independent, employee-owned structure forged at Perimeter Capital, we are confident that they will become even more successful,” stated David Silvera, Managing Director, Rosemont Investment Partners, LLC.