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Stirling Square Capital Partners portfolio company 3SI acquires ECA Reinforcing market leadership and strengthening presence in Europe

June 2007

London, 15 June 2007, Stirling Square Capital Partners [“Stirling Square”], the pan- European private equity firm, today announces that its portfolio company 3SI Security Systems [3SI], the world’s leading manufacturer of electronic security systems for cash protection, has completed a deal to acquire ECA Horst Kriechbaum (ECA). The combined business will trade as 3SI.

ECA, headquartered in Klosterneuburg, Austria, is a leading European provider of bank security solutions. The company’s main products are cash degradation systems (SmokeNote and AsTec3), as well as SMS data transmission technology. The company was founded in 1988, employs 10 people and has distribution agreements in 13 European countries.

3SI is the world leader in electronic cash protection solutions, supplying 91 of the top 100 banks in the USA and 27 of the top 50 banks in Europe. The company has offices and headquarters in the US and Europe and employs 185 people.

Stirling Square is keen to support 3SI in pursuing its strategy to enhance product offering and the geographical exposure of its business. The acquisition of ECA will reinforce 3SI’s market leadership, strengthen its presence in Europe and further improve the firm’s ability to deliver on client needs.

Bolaji Odunsi, Partner at Stirling Square said: “Both businesses have strong client bases and enviable patented and proprietary products. We see great potential for the combined business and will continue to provide strategic input, capital and access to Stirling Square’s network of contacts to ensure 3SI continues to grow under our ownership.”

Thomas Oxenfeld, CEO, of the combined business said: “We are looking forward to working with Horst and his team to build on our respective successes to date and continue to serve our clients’ needs through the provision of effective solutions. In partnership with Stirling, we have been able to source an intelligent acquisition to move the business forward.”

Horst Kriechbaum, CEO, ECA said: “3SI has established an excellent reputation in the security market and is a clear market leader. We are excited that we will be able to expand our market presence through the 3SI distribution network and cross sell respective products. This transaction will allow 3SI to accelerate the development of new and innovative products and grow the business internationally.”

Notes to Editors:

For further information contact:

Financial Dynamics (for Stirling Square Capital Partners) – (44) 20 7269 7256
Fergus Wheeler / Lucy Kelly

3SI Security Systems
Thomas E. Oxenfeld, President & CEO
+1 610 280 2000

Bart Milissen, Executive Vice President & General Manager Europe
+32 2 713 62 06

ECA Horst Kreichbaum
Horst Kriechbaum, CEO
+43 2243 28508

Stirling Square Capital Partners
Stirling Square Capital Partners is one of Europe’s leading mid-market private equity investors. SSCP seeks to invest in ‘mid-market’ firms characterised by proven business models, market leadership, high cross-border development potential and talented management teams.

SSCP targets European transactions between 50-500 million from a wide spectrum of industries and specialises in complex, cross border deals. Since inception in September 2002, the Fund has led ten leveraged acquisitions. The partners at SSCP collectively bring over 80 years of private equity experience.
www.stirlingsquare.com

3SI Security Systems
3SI Security Systems is a world leader in protecting cash, using proprietary electronic smoke and ink and GPSbased technologies in banks ATMs, safes and other applications. Currently, 91 of the top 100 banks in the USA and 27 of the top 50 banks in Europe use 3SI security solutions. Its US headquarters are located in Exton, PA and the European headquarters are located in Zaventem, Belgium. The company has R&D and production facilities in Byron, Georgia, USA and Zaventem, Belgium. Globally, the business employs a team of 185 people providing innovative solutions, professional service and customer satisfaction.
www.3sisecurity.com

ECA Horst Kriechbaum
ECA is a leading European provider of bank security solutions. The company was founded in 1988 and is headquartered in Klosterneuburg, Austria with a subsidiary in Milan, Italy. The company’s main products are cash degradation systems (SmokeNote and AsTec3), as well as SMS data transmission technology. Its products are distributed in 13 European countries.
www.ecavienna.at