Pouschine Cook Recapitalizes IGI Holding Corp.

NEW YORK, NY--(Marketwire - December 10, 2007) - Pouschine Cook Capital Management, LLC ("Pouschine Cook") announced it has recapitalized IGI Holding Corp. ("IGI" or the "Company"), a leading manufacturer of a wide range of innovative adhesive-based products that transfer, protect and enhance graphics sold under such brands as R Tape® and Vinylefx™. Pouschine Cook partnered with Anchor Capital, Allan Cohen, Mike Roughton, IGI's President and Chief Executive Officer, and members of management to acquire the business. Churchill Financial LLC was the Lead Arranger for the senior financing, with ORIX Finance Corp. and Roynat Business Capital Inc as participants.

IGI, headquartered in South Plainfield, NJ, is a manufacturer of specialty, pressure-sensitive materials and extruded films used in the graphic arts and other niche markets. The Company manufactures products in four categories: paper and film-based application tapes and pre-masks, digitally and screen-printable vinyl films, over-lamination films and non-pressure-sensitive custom extruded films. Mike Roughton commented, "We believe Pouschine Cook has put together an investor group that brings tremendous experience and resources to us, and we look forward to continuing to aggressively grow the business."

IGI's products are used in numerous applications across multiple end markets. Key graphic arts end markets for the Company's products include retail advertising and promotion, point-of-purchase advertising and brand and product identification. Sign makers and screen printers utilize IGI's products to create, protect and enhance the visual appeal of their end products for customers in these markets.

Pouschine Cook manages over $250 million of private equity capital, and invests in proven, private middle-market companies that are leaders in their niche. As seasoned investment professionals with significant operating, corporate development and corporate finance experience, Pouschine Cook's professionals are active investors who work closely with management and shareholders to build equity value. John Pouschine stated, "IGI is the leader in the domestic market today and we will look for the business to be the leader worldwide over the next several years." The investment in IGI expands Pouschine Cook's investments in chemical businesses, including Latex International and Doe & Ingalls Management.

Contact Information: Contact: Bonnie Harland Tel: 212-784-0629 Email Contact: www.pouschinecook.com