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Intertech Flooring Purchases Austin and San Antonio Assets of The Invironmentalists™

Purchase to build upon Intertech’s growing customer base, enhance capabilities in delivering flooring products and services in central Texas

(October 18, 2004 - AUSTIN, TEXAS): The Invironmentalists™ and Intertech Flooring are pleased to announce Intertech’s acquisition of the Austin and San Antonio locations of The Invironmentalists™.

The transaction covers The Invironmentalists’ commercial flooring, installation, and maintenance business in both Austin and San Antonio. Operations will be merged into Intertech’s existing locations, which include 11827 Tech Com Road, Suite 100 in San Antonio.

Intertech is a leading provider of commercial flooring products and services in central Texas, and is one of only four flooring companies in Texas to hold the prestigious Floor Covering Installation Board's national certification. The firm provides material and installation of carpet and custom rugs, resilient and wood flooring, and raised access/cleanroom flooring. Intertech also provides professional design and specification consultation, maintenance programs, asbestos renovation and modular wiring and under-floor HVAC delivery systems.

Willard “Bill” Imhoff III, president and CEO of Intertech, indicated that the purchase is another step in a growth process that has been built on a foundation of safety, quality, and timely service. “The acquisition of The Invironmentalists’ business in Austin and San Antonio creates an opportunity for us to serve more customers and deliver exceptional value,” Imhoff stated.

The Invironmentalists’ reputation for quality was a motivating factor in the decision to purchase the business. “The Invironmentalists™ is known for delivering outstanding service, quality products, and dependable maintenance. We are looking forward to exceeding our new customers’ expectations and executing a seamless transition to new ownership,” Imhoff continued.

"We are pleased to have the opportunity to work with Bill Imhoff and his talented management team in the sale of the Austin and San Antonio units of The Invironmentalists™. We believe that Intertech Flooring is the ideal buyer to leverage an extensive knowledge of the commercial flooring market in servicing the existing customer base and building upon it," said Tim Durkin, president of The Invironmentalists™.

The Invironmentalists™ had previously announced a restructuring resulting from a shift in focus in business strategy which called for a return to local ownership in the sales, service, installation and maintenance of flooring products.

The Invironmentalists™ was advised in this transaction by Carl Marks Capital Advisors.

For more information contact:
Intertech Flooring: Bill Imhoff, 512.385.4574
Carl Marks Capital Advisors: Warren Feder, 212.909.8459
The Invironmentalists™: Roger Ramseyer, 316.828.1525

Intertech Flooring (www.intertechflooring.com) is a locally-owned and operated Central Texas company providing flooring products, installation and maintenance services for a wide range of commercial clients throughout the Southwest. The company was established in 1988 in Austin, and opened a San Antonio location in 1992. Intertech Flooring is a founding member of StarNet, the national flooring experts, and holds the prestigious Floor Covering Installation Board's national certification. Intertech’s products and services include installation, design consultation, carpet, wood flooring, raised access/cleanroom flooring, under-floor power, data and air distribution, asbestos renovation, and maintenance.

The Invironmentalists™ (www.theinvironmentalists.com), formerly DuPont Flooring Systems (DFS), is the interior services company of INVISTA. The Invironmentalists™ provides commercial interior solutions to clients in North America. The network of owned and franchised/licensed locations provides commercial flooring products and related services which include installation, maintenance, and reclamation across the United States and Canada. With its strong local roots, rich industry knowledge, and solid customer relationships, The Invironmentalists™ has broad-based commercial flooring capabilities and delivers high value interior solutions for building owners, commercial end-users, and property managers. The Invironmentalists’ Continuous Care philosophy was adopted to facilitate ongoing customer service throughout a commercial building’s lifecycle.

Carl Marks Capital Advisors LLC (CMCA) (www.carlmarks.com), is the investment banking affiliate of Carl Marks & Co., focused on offering sophisticated financial advisory services to middle market companies with revenues between $25 million and $1 billion. With proven results, CMCA's services include mergers & acquisitions advice, capital raising and financial restructuring. CMCA is affiliated with Carl Marks Consulting Group, a leading turnaround management consultancy.