Periculum Capital Company, LLC (“Periculum”) is pleased to announce that it has completed the placement of a $30,000,000 senior secured asset based revolving credit facility for Integrated Electrical Services, Inc. (Nasdaq: IESC) (“IES” or the “Company”). The revolving facility was provided by Wells Fargo Capital Finance and replaces IES’s previous multi-bank financing while providing additional capacity for growth.

Headquartered in Houston, Texas, IES is an infrastructure services company that enjoys leading positions in a broad range of markets for electrical and communications products and services with approximately 2,300 employees in 53 locations throughout the United States. Like many companies, IES was dramatically impacted by the recent economic slowdown that started in 2008 with revenue falling from over $900 million in 2006 to just below $500 million today. As IES’s management focused on the operational turnaround they engaged Periculum to assist in obtaining new debt financing in order to provide capital for growth and longer term initiatives. Periculum’s involvement allowed the management team to focus on running the business while Periculum provided the necessary attention to the refinancing process. Periculum was successful in helping the Company develop a financing structure that enables IES to continue to execute its business strategy.

As exclusive financial advisor, Periculum’s process included assisting with negotiations involving the prior bank group, initiating discussions with over 20 financing institutions on a national basis, arranging prospective senior bank meetings, obtaining and vetting various bank proposals, and assisting in the closing negotiations and documentation.

As a result of the process, IES obtained a 3-year revolving facility from a top-tier bank with attractive pricing and flexible terms that meets the Company’s needs and supports its long term growth strategy. With Periculum’s help the Company was able to keep the existing sub debt lender in place with no immediate restructuring.

Periculum Capital Corporation, LLC (“Periculum”) is pleased to announce the sale of Tyson Corporation (“Tyson” or the “Company”) to OnSite Space, LLC (“OnSite”). Periculum acted as the exclusive financial advisor to Tyson in connection with the sale of the Company.

Tyson, now “OnSite Space by Tyson,” is a regional leader in the rental and sales of commercial modular buildings, mobile offices, portable modular classrooms, and storage solutions. Applications for Mobile and Modular buildings include construction offices, commercial offices, medical clinics, churches, manufacturing plants, educational facilities, and onsite storage.

The Company, founded by Ray Tyson in 1967 and subsequently sold to an individual investor, has built a premium brand name through decades of excellent customer service and by providing a well-maintained, attractive fleet of modular and mobile offices. OnSite’s acquisition of Tyson was led by industry veterans Brent and Matthew Claymon, who were the original founders of another nationwide provider in the mobile and modular space industry, which they sold in 2006. The Claymons are focused on positioning OnSite Space by Tyson as a platform for growth and expansion throughout the Midwest. Using industry experience, a continued focus on quality, service, premium products, and competitive initiatives, OnSite Space’s Management Team fully expects the Company to continue its position as a leading provider in the mobile and modular space industry.

This transaction demonstrates Periculum’s commitment to obtaining the best possible terms and value for every client, as well as providing the best service throughout the process, whether through the firm’s M&A, capital raising

Periculum Capital Company, LLC (“Periculum”) is pleased to announce the completion of a $360,000 Seed Stage Financing for Zorion Medical, Inc. (“Zorion” or “Company”). The BioCrossroads Indiana Seed Fund I participated with Periculum in this funding round.

Zorion is a medical device company focused on developing the next generation of drug-eluting, bio-absorbable stents. The company intends to advance the technology through initial human study and will seek commercial partners for worldwide markets. Zorion was founded in 2010 by three experienced medical device development executives and is chaired by a former Eli Lilly & Co. executive, David A. Broecker.

Current metal and drug-eluting stents are a $6 billion market globally. These devices are permanently implanted and as a result, patients must stay on a combination of drugs to prevent the formation of clots within the stent. The occurrence of such clots, called Late-Stage Thrombosis (LTS) results in the death of about 50,000 people a year worldwide.

Major companies are working to develop their own absorbable stents; however, most of these programs utilize polymer-based technologies which can take up to two years to absorb, can be difficult to implant, and are useful in a limited number of coronary interventions. Zorion’s non-toxic, proprietary biomaterial alloy and design will have the performance and deployment characteristics of drug-eluting metal stents while being completely absorbable obviating the need for long-term drug therapy to prevent LTS.

Zorion has recently completed a small animal study testing the lead biomaterial alloy for absorption and biocompatibility with very encouraging results showing little to no inflammatory tissue response and almost full absorption at 90 days. The Company’s next phase of development includes refining the properties of the biomaterial and completing the development of a design prototype that will be tested in a large animal model Zorion expects to complete in Q2, 2012.

The Company plans to further optimize the product design and expand the pre-clinical data set through additional large-animal studies, completing the final activities to begin human clinical studies in Q1, 2014. Zorion has filed provisional patents on the unique aspects of the biomaterials and overall stent design for cardiovascular and vascular applications.

Periculum worked with the founding shareholders from the inception of the Company to assist with the numerous product development, intellectual property and strategic issues prior to this round of seed funding.

Periculum Capital Company, LLC (“Periculum”) is pleased to announce that its portfolio company, Orbis Education Services, Inc. (“Orbis”) secured $4 Million in an 8% Convertible Subordinated Note financing led by Lightspeed Venture Partners of Menlo Park, California. The funding will allow Orbis to expand its hybrid online nursing education programs, which will ultimately help alleviate the nation’s wide-spread nursing shortage.

Led by an experienced team of education and healthcare veterans, Orbis works with colleges and universities to develop online nursing programs, recruit new qualified students, and manage delivery of these programs. Orbis’s current partners include Marian University, Sharp Healthcare, St.Vincent Health, Northeastern University, Roseman University and St. Rose Dominican.

Blending technology and traditional methods, Orbis powers the collaborations that accelerate nursing program enrollments. Leveraging Orbis’s Full Circle Solutions, a hospital becomes a virtual extension of a major university. Theory courses are taught by university nursing faculty via interactive online classes that include threaded discussions, real-time webcasts, projects, assignments, and proctored examinations. Students have the flexibility of completing the online courses during day or evening hours and hands-on clinical preparation is taught by appointed university faculty assigned to work directly with students at partner healthcare locations.

Periculum worked directly with Orbis prior to the Company’s inception to review and validate the market opportunity, help set business and financing strategy, attract senior management, as well as provide capital. Periculum led two rounds of financing, sourcing $5.5 Million of both debt and equity to facilitate the Company’s start-up and initial expansion. Subsequently, Lightspeed invested $8 Million Series B Preferred Equity. With this 8% Convertible Subordinated Note financing, Lightspeed invested $2.5 Million and other prior individual investors invested another $1.5 Million. Lightspeed’s involvement continues to provide the Company a value-added investment partner to assist Orbis with its growth trajectory.

Periculum Capital Corporation, LLC (“Periculum”) is pleased to announce that it recently served as the exclusive financial advisor for a sale of 16 Buffalo Wild Wings® ( “BWW”) restaurants owned by a franchisee group (the “Franchisee Group”) led by Mr. Peter Watson and located in Central Indiana. This sale represents the first major liquidity event for a franchisee in the BWW system. The business was acquired by Consolidated Wings Investment, LLC, an entity formed by Dan Holland, the former President of Papa John’s Pizza, and Bill Ogden, the founder and Managing Director of Granite Capital Partners, LLC.

The Franchisee Group was founded by Mr. Watson in 1996 with the opening of a BWW restaurant in Lafayette, Indiana. Over the subsequent 15 years, Mr. Watson systematically grew the Company, expanding from one location to 16 locations in the Central Indiana area, achieving in excess of $36 million in annual revenue. Throughout the last 15 years, the Franchisee Group has been a leader in the BWW system. Mr. Watson and his partners have been successful in sourcing strong locations and efficiently operating the individual restaurants.

Buffalo Wild Wings, Inc., founded in 1982 and headquartered in Minneapolis, Minnesota, is a growing owner, operator and franchisor of Buffalo Wild Wings Grill & Bar™ restaurants featuring a variety of boldly-flavored, made-to-order menu items including its namesake Buffalo, New York-style chicken wings. The Buffalo Wild Wings’ menu specializes in eighteen mouth-watering signature sauces and seasonings with flavor sensations ranging from Sweet BBQ™ to Blazin’®. Guests enjoy a welcoming neighborhood atmosphere that includes an extensive multi-media system for watching their favorite sporting events. Buffalo Wild Wings is the recipient of hundreds of "Best Wings" and "Best Sports Bar" awards from across the country. There are currently over 780 Buffalo Wild Wings locations across 45 states in the United Sates, as well as in Canada.

During the sale process Periculum canvassed the market, contacting well over 100 potential financial and strategic parties, ensuring the Franchisee Group obtained the best terms and ultimate value. As part of the process, Periculum helped the Franchisee Group work with BWW to ensure the proper approvals were received in preparation for a successful sale.

The Franchisee Group transaction demonstrates Periculum’s commitment to obtaining the best terms and value for every client, as well as providing the best service throughout the process, whether through the firm’s M&A, debt placement or merchant banking practices.

Periculum Capital Company, LLC is pleased to announce the placement of a $56,000,000 term loan for Central States Enterprises, LLC (“Company”). The funds will be used to recast an existing term loan and provide funding for capital improvements at the Company’s two grain terminal elevators.

As the Company’s ongoing financial advisor, Periculum obtained and evaluated financing proposals and advised in the closing negotiations and documentation.

Central States' activities in the domestic grain markets involve extensive rail and river barge shipments, covering virtually all areas of significant corn and soybean production in the United States. The Company’s sources for grain include its own Indiana-based grain terminal facilities, farmer cooperatives, and other corporate and privately- owned terminal facilities. The Company’s clients include large, integrated poultry and hog operations, commercial feed mills, corn and soybean processors, flour millers, Canadian and Mexican grain consumers, and export operators in the Gulf of Mexico. The Company also services the feed ingredient needs of several offshore end-users through its export operations.

In this improved economic and banking environment, Periculum’s debt practice is primarily focused on the debt placement needs of middle market companies in challenging leverage situations and on large syndicated loan transactions. While remaining an active debt advisor, Periculum has refocused its efforts and resources to the Mergers and Acquisitions franchise following the stabilization of the M&A market.