Market Overview

Arlington Capital Partners Announces the Acquisition of Black Box's Government Solutions Business, Forming Tyto Athene


Arlington Capital Partners ("Arlington"), a Washington, DC-based private
equity firm, today announced it has completed the acquisition of the
Government Solutions division of Black Box Corporation (NASDAQ:BBOX).
Going forward, the business will operate independently as Tyto Athene
(the "Company" or "Tyto Athene"). Tyto Athene is a full-service systems
integrator and managed services provider of communications systems for
Department of Defense and Civilian agency enterprise operations

Tyto Athene will be led by the existing management team, including Jeff
Murray, the current Senior Vice President of Black Box Government
Solutions, as CEO. Chris Meilhammer has been appointed the Company's
COO, and Jason Alexander will continue to lead the Company's service
delivery teams as Vice President of Operations. In connection with the
transaction, Arlington Capital partnered with the former CEOs of Black
Box Corporation, Terry Blakemore and Mike McAndrew, who will join the
Board of Directors.

Michael Lustbader, a Managing Partner at Arlington, said, "We have been
very impressed with the management team and the differentiated solutions
that the Company provides to their government clients as well as the
Company's ability to develop new technologies such as the Acuity Micro
Data Center; we believe that this technology will successfully address a
strategic gap at the edge of the information infrastructure of Tyto
Athene's clients. Additionally, we believe that the Company will benefit
from a number of secular tailwinds that will allow it to continue its
strong performance as the U.S. government modernizes its legacy IT

"As an independent company dedicated to developing solutions to the
increasingly complex information needs of our clients, Tyto Athene will
have a greater level of flexibility to meet those needs," said Jeff
Murray. "Our stakeholders can rest assured that the Company is on sound
financial footing, and that we will continue to provide our clients the
services and solutions to meet their business and mission needs.
Arlington has a successful history of building market-leading government
services businesses and we are excited to partner with Arlington to form
Tyto Athene."

Gordon Auduong, a Vice President of Arlington, added, "We are impressed
with the Company's proven past performance on highly-recurring managed
services contracts, which provide the business with significant revenue
visibility, as well as successful execution on large, multifaceted
projects. We believe that Arlington can provide the strategic support
and necessary investments to accelerate this exciting platform. We are
looking forward to partnering with the management team to help them
build Tyto Athene."

About Arlington Capital Partners

Arlington Capital Partners is a Washington, D.C.-area private equity
firm that has managed $2.2 billion of committed capital via four
investment funds. Arlington is focused on middle market investment
opportunities in growth industries, including: government services and
technology, aerospace/defense, healthcare, and business services and
software. The firm's professionals and network have a unique combination
of operating and private equity experience that enable Arlington to be a
value-added investor. Arlington invests in companies in partnership with
high quality management teams that are motivated to establish and/or
advance their Company's position as leading competitors in their field.

About Tyto Athene

Tyto Athene is a full service systems integrator focused on helping
clients accelerate their ability to make decisions by providing
ubiquitous and secure access to enterprise information throughout their
operating environment. Tyto Athene uses a myriad of technologies,
innovative thinking, and proven processes to deliver successful outcomes
for it's clients worldwide. To learn more about Tyto Athene please visit

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