SAGEGROUP FORMS FINANCING DIVISION

ALAMEDA, CA -- SageGroup Strategies, Inc., announced that it has formed a major SGS Financing Division to help troubled companies obtain urgently needed financing.

SageGroup is the largest professional troubled-company specialist firm nationally and internationally, with more than 40 offices throughout the United States in addition to many international relationships.

"Almost all troubled companies have an urgent need for financing, both to survive their troubled stage and to subsequently grow, develop, and / or move forward," stated Tom Safir, a SGS senior director and a co-manager of the SGS Financing Division. "This new financing division will greatly increase SageGroup's financing capabilities for the benefit of its troubled-company clients and their stockholders, management, employees, banks, trade creditors, and other involved parties, as well as for the communication in which these companies are based."

"Financing has been a very important need for almost all of SageGroup's troubled-company clients during the past ten years," added Larry Lindsey, another SGS Financing Division co-manager. "The financing division will further professionalize and increase the firm's capabilities to quickly and effectively help its clients to obtain both near-term and on-going capital."