MIAMI, FL – (April 30, 2007) Boyne Capital Partners, LLC (“Boyne”) announced that it has acquired a majority stake in Danco DPMS, Inc. (“Danco” or the “Company”).

Danco Machine DPMS, Inc. (“Danco” or the “Company”) provides manufacturing solutions to high-tech industries, including medical products and devices, aerospace and defense, semiconductor equipment and telecommunications.  Danco provides short-run prototype production, research and development fabrication and production run machining.  Based in Santa Clara, California, Danco is an S-Corporation owned by its president and founder, Daniel Olesen.

Danco provides its customers with a comprehensive suite of manufacturing services in order to eliminate a customer’s need to invest in internal operations and to minimize the need for multiple subcontractors.  Danco’s machining capabilities consist of advanced Computer Numerical Control (CNC) milling and turning; electrical discharge machining; precision grinding and sawing.  These capabilities are designed to meet the exacting manufacturing requirements of the specialty medical devices and other technical applications.  In addition, the Company provides some sub-assembly work for customers, specifically assembling specialty medical robotic clamps and intelligent warfare sighting mounts.

In order to meet customers’ needs, the Company has heavily invested in new equipment, purchasing $4 million in new capital equipment in the last three years, to expand capacity and internal productivity.  For example, this equipment has decreased Danco’s lead-time, resulting in greater production capacity.  This greater capacity has enabled the Company to increase its share of business from existing customers, allowing sales to increase at a CAGR of 25% since 2003.  Concurrently, the equipment has increased employee productivity as gross margins have increased from 27% in 2003 to 43% in 2006.

Because of its unique capabilities and its location in San Jose, California, Danco serves an attractive end market of companies operating in the booming healthcare and technology sectors, including Intuitive Surgical, Rockwell Collins, Siemens, St. Jude Medical, Western Digital, Sieger Engineering, Applied Materials, Hansen Medical, Bluepoint and Apple.

With its broad suite of capabilities, Danco provides an ideal platform to support an organic growth strategy.  In conjunction with Boyne, the Company will capitalize on its infrastructure and existing capacity by pursuing various growth prospects including developing a full-time marketing team to cultivate business from local and regional customers as well as untapped industries such as the “Green Technology” industry.  In addition, Boyne Capital believes that the Company could make various operational adjustments that will result in cost reductions and secondary sources of revenue, specifically in the areas of procurements, production by-products (i.e. scrap metal, waste, etc.), business systems and facilities layout.

About Boyne Capital Partners, LLC:

Boyne Capital Partners is a Miami, FL based private equity firm.  Co-founders Derek McDowell and Jim Malone have decades of knowledge in diversified industries including professional services businesses and companies servicing government clients.  Boyne Capital Partners creates shareholder value by providing capital and management assistance to lower middle market companies. Boyne currently manages over $70 million of equity capital. For more information please visit www.boynecapital.com or call 305.856.9500.