Grey Mountain Partners Names New President and CEO of Consolidated Glass Holdings, Inc.

Date: 10 April 2012

BOULDER, Colo., Apr 05, 2012 (BUSINESS WIRE) -- Grey Mountain Partners announced today that Tom Ryan has been named President and Chief Executive Officer of Consolidated Glass Holdings, Inc., bringing with him a 25-year track record of successfully growing and managing businesses.

Grey Mountain Partners, a Boulder, CO based private equity firm, has appointed Tom Ryan as Chief Executive Officer of Consolidated Glass Holdings, Inc., a consortium of its affiliate companies operating in the architectural, security, and custom glass and metal fabrication businesses, which currently includes Global Security Glazing, Columbia Commercial Building Products, Custom Components, and Hawkins Architectural Products. Mr. Ryan will be responsible for integrating and managing the aforesaid businesses as well as future acquisitions.

Mr. Ryan, most recently CEO of PODS Enterprises, has an extensive background in managing building products-related and industrial services businesses. Over the past twenty years, Mr. Ryan has held key leadership roles at Johns Manville (both its fiberglass insulation and roofing divisions), Ingersoll Rand Corporation, and AlliedSignal Inc. (now Honeywell), achieving record success in revenue and EBITDA growth at each business. Mr. Ryan has developed and led comprehensive growth and integration strategies with a focus on operational excellence, customer service, and best-in-class team building.

“Tom is very well known to Grey Mountain Partners,” said Beth Lesniak, Vice President, Grey Mountain Partners, who added, “Bringing on board a strong and experienced CEO such as Tom reflects Grey Mountain's vision for creating value within our affiliate companies and effectively executing our firm's investment strategy. His extraordinary accomplishments in all of the businesses with a diversity of size, geography, and end-market dynamics, will be key to executing the growth vision we have for our investment and make him an ideal fit for this role. Tom also brings a management style that will benefit employees, customers, and suppliers as we grow our presence in the space, and we are excited to see the company progress under his leadership.”

“These businesses have developed very strong and prominent brands in the security and architectural space by originating and executing the concept service and delivery to their customers,” Ryan said. “I’m excited to have the opportunity to manage a business with such enormous potential, and I’m looking forward to the road ahead.”

About Global Security Glazing

Global Security Glazing manufactures security, custom architectural, and transportation glass and glazing products through a complete line of all-glass laminates, glass-clad polycarbonates and laminated polycarbonates. Its products offer impact, bullet, blast, and fire resistant protection across a variety of applications, including: prisons, detention and correctional facilities, embassies, armored vehicles, and other buildings requiring additional security. For more information visit: www.security-glazing.com.

About Columbia Commercial Building Products

Columbia Commercial Building Products, founded in 1992, is a manufacturer of high-performance aluminum, commercial architectural windows, storefront, mall sliders, curtain wall and entrance doors in both new and replacement construction environments. For more information visit: www.ccbpwin.com.

About Custom Components

Custom Components Company manufacturers, fabricates and distributes aluminum, stainless steel and glass architectural engineered products that are sold to general contractors, architectural firms, door, frame and hardware distributors, and glass and glazing contractors. For more information visit: www.cc-aep.com.

About Hawkins Architectural Products

Hawkins Architectural Products, LLC is a fabricator, seller and distributor of flat glass and acrylic products, including mirrored, laminated, tempered, heat strengthened, annealed, cut, beveled or machined glass products, for the construction and glazing industries. For more information visit: www.hawkinsglass.net .

About Grey Mountain Partners

Grey Mountain Partners is a Boulder, Colorado-based private equity firm that focuses on partnering with management to create lasting value through operational improvements and buy and build strategies in fragmented markets. Grey Mountain invests in lower middle-market companies across a wide range of industries and in transactions with enterprise values between $30 million and $150 million. For more information, please visit: www.greymountain.com.

600450 Grey Mountain Partners Names New President and CEO of Consolidated Glass Holdings, Inc. glassonweb.com

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