Cleveland, OH - November 1, 2006  Resilience Capital Partners (www.resiliencecapital.com), a Cleveland-based private equity firm, has completed the acquisition of substantially all of the assests of SpecialtyChem Products Corporation of Marinette, Wisconsin, a division of ChemDesign Corporation. The new company will be known as ChemDesign Products, Inc.

Founded in 1983, ChemDesign Products is one of the largest independent, custom manufacturers of specialty and fine chemicals in North America. The company manufactures custom and proprietary specialty and fine chemicals for various industries, including the specialty paper, polymer, agriculture and other industries in which high performance chemicals intermediates are used.

"We are thankful to the company's dedicated employees, suppliers and customers for their continued support and commitment to the business. We are excited about the growth prospects of ChemDesign Products and believe that we can help achieve those goals with proper capitalization and support for the organization," said Bassern Mansour, a Managing Partner of Resilience Capital Partners.

"We are enthusiatic about our new ownership under Resilience Capital and continue to believe that ChemDesign Products is well positioned to be a leader in the fine and specialty chemical marketplace," said David Mielke, President of ChemDesign Products.

"ChemDesign serves an important niche in the fine chemicals industry with a blue chip customer base. We are highly confident that this reorganization ha the Marinette facility positioned for growth in this market," said Steven Rosen, a Managing Partner of Resilience Capital Partners.

About Resilience Capital Partners

Resilience Capital Partners is a private equity firm based in Cleveland, Ohio, focused on investing in underperforming and turnaround situations. Resilence's investment strategy is to acquire lower market companies that have solid fundamental business prospects, but have suffered from a cyclical industry downturn, are under-capitalized, or have less than adequate management resources. Resilience typically acquires companies with revenues of $25 million to $250 million. Resilence manages two private equity funds with capital under management of over $75 million. Since its inception in 2001, Resilience has acquired 11 companies with revenues in excess of over $600 million.

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