An Exchange for the Better.

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Symphony Development's "Entrex Ensured Fund" receives institutional capital commitment.

Chicago, IL February 21-2006 "Entrex is pleased to announce Symphony Development Corp (SDC), an Entrex Ensured Fund, has received initial capital commitments for its $150 million 'Entrex Ensured'" fund.

SDC is an investment company and its portfolio is a mutual fund of growth capital investments in socially responsible private companies. SDC will be initially funded by private and institutional investors. Almost half of SDC"s companies are consumer-oriented and the remaining are business-to-business services or technology providers.

SDC"s fund is not a blind pool as the companies have all been pre-selected so investors can see exactly what SDC is going to own. As a result of being Entrex Ensured, investors will have not only transparency to the overall activity of the fund but also the activity of each of their investments: the fund's portfolio companies.

SDC requires each of its companies to participate in the Entrex process. This process revolves around five steps including a business validation and valuation. The process provides a standardized methodology for private companies to establish credibility, transparency and consistency to the capital markets. This week a group of SDC"s fund companies have begun the Entrex process starting with Entrex's partner, Kroll Background America, conducting a rigorous principal and corporate review.

SDC will make minority investments in these companies as they complete the Entrex process. Among the SDC companies that have begun the process are Environmental Risk Solutions, a Cincinnati-based provider of environmental liability buyouts, and Better World Books, based in Atlanta, one of the largest online reseller/recyclers of used books in the country.

SDC, which has agreements in place for investments in these and 30 other private companies, intends to pursue an initial public offering of its stock later in the spring (though no registration statement has yet been filed with the SEC). Because of substantial institutional demand, Symphony is selling stock to accredited investors in a private offering. With existing commitments inplace, and more expected, this will allow SDC to begin making investments in many of the companies prior to an IPO.

"We had been getting a lot of calls about investing in Symphony before an IPO," said Terry Temescu, SDC's Chief Executive Officer. "We want to get our companies funded as quickly as possible, so we decided to take in money in a private placement. The investors in the private placement are attracted by the quality of our investments and by the plan to obtain liquidity when SDC goes public."

He added that this plan, coupled with the validation of the companies by the Entrex process, gives investors something they don"t normally get with private investing " transparency into the companies, uniformity of reporting, external credibility and liquidity.

David Murphy, CEO of Better World Books, said "As a privately-held social enterprise experiencing triple digit revenue growth and seeing numerous opportunities for profitable scale and expansion, Better World Books has had to carefully consider its growth capital needs going forward. Our ability as a private company to gain access to institutional equity has been made possible by committing ourselves to the "Entrex Ensured" process. This process of very thorough and objective third party due diligence and validation on behalf of Entrex provides Better World Books tremendous credibility and exposure to a much broader pool of investment capital and ultimately allows privately-held enterprises a new means by which to secure capital from the alternative investment community. We know that by working closely with Entrex and their business partners we have eliminated many of the barriers to entry that private companies typically face when attempting to secure institutional investment".particularly a minority equity funding targeted for future growth. By Entrex providing the research, transparency and credibility necessary for private companies to be fairly considered for outside funding, as well as a central place for standardized information and financial reporting for Better World Books and a host of other private companies on a go-forward basis, we will be able to access the capital we need to best fulfill our mission of promoting literacy and education locally, nationally and around the world" "one book at a time."

The Entrex process is a required first step (after substantial due diligence by SDC's professionals) in any investment SDC makes.

These investments, all minority stakes, will range from $2 million to $15 million. The total pre-money valuation of all the companies is more than $720 million, equal to one times 2007 sales of the companies. The implied price earnings ratio of SDC"s investments is about 5.5 times 2007 earnings. A majority of the companies are profitable, and most of the rest have reached critical mass and will be profitable in 2006.

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Entrex works with private companies and accredited/institutional investors creating a venue where investors can find, research, track and invest in private companies. Private companies that adhere to the methodologies and disciplines of Entrex gain credibility and exposure to the investor community while gaining liquidity options beyond the traditional route of IPOs, mergers and/or acquisitions. Through its innovative approach and process, Entrex is creating a whole new path to capital for privately-owned businesses.

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