December 2006

Madison Park Group is pleased to announce its latest transaction – the sale of Symark Software, a leading provider of access and identity management security software, to Insight Venture Partners.

Symark is headquartered in Agoura Hills, CA, and has hundreds of thousands of licenses in use throughout the Global 2000. The Company's clients include major companies such as Capital One, Cingular, Cisco, Citigroup, Echostar, Hewlett-Packard, Motorola, PG&E, Raytheon, Reuters, Sanofi-Aventis, Sara Lee, Sun Life, UBS and United Health. The Company's PowerBroker, PowerPassword and PowerKeeper products address the comprehensive internal identity management requirements of IT administrators across the UNIX, Linux and Windows operating environments. Symark was recently named to Software Magazine's Software 500 List for the fifth consecutive year.

Symark has been in business for over 20 years and had a strong history of revenue growth and profitability. Insight Venture Partners, a $1.5 billion late-stage VC fund based in New York, led the recapitalization of Symark and acquired a majority interest in the Company.

Madison Park Group acted as exclusive financial advisor to Symark in the transaction. Our role included advising the company on exploring various M&A and recapitalization options, running a competitive sale process that led to multiple term sheets from major strategic buyers and private equity funds, negotiating term sheets and facilitating the closing of the transaction.

Madison Park Group is an investment banking firm focused on advising technology and business services companies on pursuing M&A and private equity transactions. Madison Park Group's principals have extensive transaction and operating experience in the technology and business services sectors and have executed over $30 billion in financing and M&A transactions.