J.F. Lehman & Company Announces Promotion and New Hire

For Immediate Release

November 02, 2009

NEW YORK – J.F. Lehman & Company, a leading middle-market private equity firm focused on the defense, aerospace and maritime sectors, recently announced the promotion of Michael S. Friedman to Associate and the hiring of David A. Lohmann as a Senior Analyst. Messrs. Friedman and Lohmann will support a wide variety of the firm’s investment activities, from identifying and evaluating acquisition opportunities to monitoring the performance of portfolio companies.

Mr. Friedman initially joined J.F. Lehman & Company in 2007 as a Senior Analyst. Prior to joining the firm, Mr. Friedman was an Investment Banking analyst in the Aerospace & Defense Group at Jeffries & Company, Inc. where he supported a wide range of transactions. Mr. Friedman graduated magna cum laude with a B.S. in economics from The Wharton School at the University of Pennsylvania.

Mr. Lohmann joined J.F. Lehman & Company in August 2009 from Morgan Stanley, where he served two years as an Investment Banking analyst. Mr. Lohmann graduated summa cum laude with a B.B.A. in Energy Management from the University of Oklahoma.

J.F. Lehman & Company is a leading middle-market private equity firm focused exclusively on the defense, aerospace, and maritime sectors. The firm has offices in New York and Washington.

For more information about J.F. Lehman & Company, please visit www.jflpartners.com.

Contact

Lisa M. Steffens

J.F. Lehman & Company

(212) 634-1150

lms@jflpartners.com