Sportexe Partners with Wells Fargo

February 12th, 2008

IRVING, TEXAS: February 12, 2008— Sportexe Construction Services of Irving, TX recently acquired a $10 million line of credit from Wells Fargo Business Credit, a division of Wells Fargo Bank, N.A. The transaction was negotiated through Insight Equity of Dallas, TX, owners of Sportexe beginning February 2007.

Wells Fargo Business Credit is a leading provider of asset based lending, factoring and debtor-in-possession financing. John Wattinger of Wells Fargo Business Credit is pleased with the transaction. “We are excited to close the Sportexe transaction,” he said. “I have worked with Insight Equity on a number of deals and feel comfortable with the leadership and direction that Insight Equity provides. I believe that Sportexe management is heading in the right direction and will remain a major player in the synthetic turf industry for many years to come.”

Sportexe Chief Executive Officer, Stephen Noe is equally pleased with the completion of the transaction. “All of us at Sportexe are very pleased with our new relationship with Wells Fargo both for the financial flexibility they provide as well as their endorsement of our current financial position and the confidence in our plan going forward. We look forward to a long relationship.”

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