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Pegasus Capital Advisors Makes Minority Investment In T&M Protection Resources

November 12, 2007

New York, NY — November 12, 2007 —Pegasus Capital Advisors announced today that it has made a minority investment in T&M Protection Resources, LLC (“T&M”), a leading security services provider in New York. T&M provides security guard services, investigative and intelligence services, executive protection, canine explosive detection, technical security systems, and security consulting services to some of the world’s most demanding corporations.

“T&M is an important investment in our continuing homeland security initiative,” said Rodney Cohen, Co-Managing Partner of Pegasus. “T&M is the perfect centerpiece in our efforts to build a portfolio of security services companies in both New York and the rest of the world. Robert Tucker’s dynamic management and unique insight into the security industry will be an important resource for us, while T&M’s breadth of services, from executive protection to investigations, provides us with a strong base for further growth.”

“I am extremely enthusiastic to be partnering with Pegasus,” said Robert Tucker, Chairman and CEO of T&M. “The financial backing of Pegasus will enable T&M to expand its services in executive protection, security consulting, and investigations while we continue to provide the highest level of customer service to new and existing clients. We also plan to further strengthen our international services and to expand our domestic operations outside the tri-state region.”

T&M was founded in 1981 by two retired NYPD detectives, and since then T&M’s focus on employing off-duty or retired NYPD officers or highly-trained guards has made the company widely recognized for its reliability, professionalism, and expertise. In 1999, Robert Tucker, former Special Assistant to the District Attorney of Queens County, Richard A. Brown, acquired a majority stake in the company, setting in motion a growth plan that has expanded T&M’s services into executive protection, technology systems, and security consulting. T&M’s executive protection client list now includes a roster of corporate executives, high net worth individuals and celebrities, while security services clients include major financial institutions and many of the most security-conscious properties in the New York metropolitan region. T&M employs more than 1000 security services professionals.

The law firm of Greenberg Traurig represented Pegasus in this transaction.

About Pegasus Capital Advisors
Pegasus Capital Advisors, L.P. is a private equity fund manager that provides capital to middle market companies across a wide variety of industries. Established in 1995, Pegasus manages over $1.8 billion in assets through several private equity funds and has made close to 70 investments since its inception. It is currently pursuing initiatives in several key sectors, including homeland security, renewable and conventional energy, all-natural human and pet foods, alternative building materials, LED lighting, niche consumer products and business services, as well as investments associated with sustainable business solutions for companies in other industries. The firm employs over 50 investment and advisory professionals working out of main offices in Cos Cob, CT and New York City.

For more information, please contact T&M Protection Resources at 212-422-0000 or visit our web site at www.tmprotection.com.