Huntington Capital Fund II, LP (“Huntington” or “Fund II”), a private equity firm focused on growth capital investments, is pleased to announce the funding of the following new portfolio investments in 2008:  Environment Furniture, DR Technologies, LifeModeler and Anakam. “Despite the challenging economic environment, we are very excited about the prospects for each of the new portfolio investment companies that we have funded to date; as well as the pipeline of new opportunities that we are seeing in this market,” noted Partner Tim Bubnack. “Our recent investments are all characterized by similar attributes including strong management teams, increasing sales growth with industry leading products and services.”"In good times and bad there are always well managed companies which deserve to be supported.  We're pleased to be part of the good news so sorely needed today,” quoted Managing Partner Barry Wilson.

About Environment Furniture

Environment Furniture “EFI” (www.environment-furniture.com) is a leading provider of eco-friendly furniture manufactured using reclaimed and sustainably-harvested hardwoods.  The foundation for the company’s innovative and aesthetically appealing product set is built around the basic premise that “…the fundamentals of modern design come from nature.”  Interior designers, architects and the eco-conscious consumer will find Environment showrooms in New York, Los Angeles and Orange County; as well as a select number of independent boutique retailers and prominent retail chains.

 “Huntington Capital impressed me with their thorough but rapid process.  They clearly understood our needs and culture as a growing company.  With their support we are not only able to meet the challenges of the global downturn, but also to pursue our strategic objectives and obligations to make a difference in a changing world.”   Environment Furniture CEO, Davide Berruto

About DR Technologies

Founded in 1994, DR Technologies, Inc “DR Tech” (www.drtechnologies.com) is engaged in the engineering, development and manufacturing of advanced composite structural components and subsystem assemblies for leading aerospace and defense applications.  Key customer accounts include federal government agencies, the Department of Defense, NASA, aerospace primes and other second tier subcontractors.  

“Huntington Capital has been a key financial partner in the development of our company over the past 4 years, providing initial debt financing and most recently expansion capital to help support our rapid growth from $8.0 million to $24.0 million in sales.”   DR Technologies CEO, Lyle Dunbar

About LifeModeler

LifeModeler, Inc “LMI” (www.lifemodeler.com) is a world-class provider of state of the art software solutions for predictive human motion to commercial, research institutions, and universities around the world.  LMI’s team of industry leading engineers and scientists has developed the most advanced and complete human modeling program available today.  LMI’s biomechanic modeling applications have been instrumental in the development of new market solutions for clients such as Nike, Smith & Nephew, NASA and Medtronic in the areas of orthopedics, sports equipment & performance, vehicular injury simulation, ergonomics, rehabilitation and aerospace.

“We are very happy to have Huntington Capital as our partner from many levels.  In addition to supporting our growth with their financial commitment, we rely on them for strategic business development advice and industry resources.”LifeModeler CEO, Shawn McGuan

About Anakam

Anakam (www.anakam.com) is an Internet security firm that was founded to address online fraud through innovative software based authentication and identity management solutions.  Anakam delivers two-factor authentication solutions through the use of everyday devices such as cell phones, web connected computers, home phones, and office phones.  By leveraging these already installed devices, Anakam has eliminated the need for the traditional token cards or fobs, and dramatically lowered the cost and reduced the complexity in providing two-factor authentication.  Anakam has developed channel partner relationships in several key markets including: Healthcare, Government, eCommerce, Banking & Finance.

“Anakam is pleased to enter into a strategic partnership with Huntington Capital.  They take the time to understand the business and actually role up their sleeves to help the business grow which is rare in the Investment community…I wholeheartedly recommend them as an investment partner and advisor.”Anakam CEO, Allan Camaisa

Huntington Capital

Based in San Diego, CA, Huntington Capital was established as a leading capital provider to lower middle market growth companies throughout California and the Southwestern United States via a combination of mezzanine and equity investments.  Huntington held a first close in May 2008 on its follow up mezzanine Fund II, and recently announced that it has received $78 million in capital commitments towards its’ $100 million final close target in early 2009.  Huntington’s management team is led by Partners Morgan Miller, Barry Wilson and Tim Bubnack.