StrionAir, Inc. Receives $11 Million Series B Investment

Louisville, CO - StrionAir, Inc., the premier manufacturer of high-performance air-filtration and purification products announced today that it has completed its Series B equity financing of $11 million, bringing total equity investment in the company to $16 million. The financing was led by the Washington, DC-based firm The Carlyle Group and included participation from existing investors Sequel Venture Partners, Vista Ventures and Solstice Capital. In conjunction with this financing, Ted Hobart of Carlyle Venture Partners will join StrionAir's Board of Directors, and the Board will be expanded to include additional industry veterans. The financing will support the company's expansion both domestically and internationally, and help broaden the application of StrionAir's advanced technology in additional markets.

"StrionAir is clearly setting a new standard in air filtration and purification," said Ted Hobart. "We believe StrionAir's patented technology addresses today's significant indoor-air-quality issues for the healthcare, bioterrorism, general commercial and residential markets with a product that is cost-effective and clearly superior to existing solutions. Energy and materials savings alone generate an attractive investment payback for typical facilities, before factoring in substantial additional benefits. StrionAir has created significant market momentum and has defined a new standard in high-performance, low-cost, germicidal air filtration."

Bruce Dawson, StrionAir President & CEO notes, "We are extremely pleased with the continued support from the investment community and today's financing milestone is further validation of the strength and value of our solutions. Since we shipped our first products in 2003, StrionAir has enjoyed significant market traction as evidenced by a strong and growing customer base and sales pipeline. With this capital we have solidified our foundation from which to continue creating and delivering innovative, high-value solutions to the commercial and residential markets in North America, Asia and Europe."

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