Company Profile

Apidos Capital Management, LLC is a subsidiary of Resource America, Inc. (NASDAQ: REXI). Resource America is a specialized asset management company that uses industry specific expertise to generate and administer investment opportunities for its own account and for outside investors in the structured finance, real estate, and equipment leasing sectors. Resource America and its affiliates have developed and maintained a credit culture that remains the backbone for all related financial services businesses. Resource America is an experienced CDO manager and has completed 23 CDO transactions; 5 through Apidos Capital Management, LLC, 11 through Trapeza Capital Management LLC and its affiliates ("Trapeza Capital"), 6 through Ischus Capital Management, LLC ("Ischus Capital") and 1 through Resource Real Estate. Through its fund management subsidiaries, as of November 30, 2007, the company managed $17.3 billion across various asset classes.

Resource America provides stable financial backing and a wealth of support functions for Apidos, including back office management, tax, legal, accounting, portfolio administration, human resources, information technology, marketing and investor relations.