SCHULTZE ASSET MANAGEMENT, LP

Schultze Asset Management, LP was founded in 1998 by George J. Schultze to exploit opportunities in distressed securities by investing long and/or short in the securities of companies undergoing restructurings or reorganizations. Our focus is special situation investing in financially troubled and distressed credits. As a U.S. distressed securities manager, located in New York and focusing on U.S. firms, we have the flexibility to invest in any part of the capital structure and at any point during the restructuring process. Through a highly disciplined alternative investment process, we seek to identify mispriced securities of companies in distress when one or more catalyst events are likely to drive values substantially towards fair value.