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Press Release

Sep-09-2004
Former ELA Vice Chairman Mike Taft Joins The Alta Group

FOR IMMEDIATE RELEASE

Former ELA Vice Chairman Mike Taft Joins The Alta Group

Mike TaftGlenbrook, Nev. September 9, 2004—Former Equipment Leasing Association Vice Chairman Mike Taft has joined The Alta Group as an associate. Taft brings more than 30 years experience to Alta, an international consulting and training firm serving the equipment leasing industry.

Taft built his career at MetLife Capital, where he was the senior manager in charge of credit and operations. During his 14 years with the company, he helped create a highly-valued diverse portfolio. He also developed and implemented MetLife's real estate product and managed the growth of the franchise finance group.

A year after MetLife was acquired by GE Capital, Taft helped create Irwin Commercial Finance, a subsidiary of Irwin Financial Corporation, and later acquired Onset Capital in Canada and Irwin Franchise Capital in New York.

Taft will join the Alta team primarily on projects related to management structure reviews, restructuring, credit and credit management, operations, workout problems, mergers and acquisitions and due diligence.

Taft thrives on the challenges and interesting people he works with. "I've enjoyed my long career in leasing because it is such a dynamic industry. It is always changing as a result of new tax laws, new legislation, new products, new competition and new people," Taft says.

-end-

About The Alta Group

The Alta Group (www.thealtagroup.com), is a leading source of international consulting and advisory services, education and training for the equipment leasing and finance industry. It is composed of more than 20 professionals-including former CEOs, company founders and industry organization leaders—who collectively have nearly 600 years of experience. It has an active practice in North America, Latin America and Europe.


MEDIA CONTACTS:

Susan Carol, Susan Carol Associates Public Relations Inc.
(540) 659-0843
sca@scapr.com

John C. Deane, The Alta Group
(775) 749-1028
jdeane@thealtagroup.com

Jonathan L. Fales, The Alta Group
(423) 239-2582
jfales@thealtagroup.com