PNC RIVERARCH AND EQUITY PARTNERS ACQUIRE CONTROLLING INTEREST IN ENVIRONMENTAL EXPRESS

Pittsburgh, March 31, 2012

PNC announced today that it has acquired a controlling interest in Environmental Express, Inc., a leading manufacturer and distributor of consumable supplies and equipment used in the environmental laboratory testing market. The deal included investments by PNC Riverarch Capital, PNC Equity Partners II, L.P., and the Environmental Express management team. Founded in 1988, Environmental Express provides a broad range of laboratory products used in environmental testing applications related to water and wastewater, soil, oil and grease, hazardous waste, and industrial hygiene. Headquartered in Charleston, S.C., Environmental Express sells its products to over 3,000 customers within commercial, municipal, industrial, government, and academic laboratory markets. "We are excited to partner with PNC to continue capitalizing on the growth opportunities within environmental testing," said Dennis Pope, CEO of Environmental Express. "We also look forward to working with them to explore new end markets and testing applications, and they have been instrumental in helping us to refine our go-forward strategy." The transaction for PNC Riverarch Capital was led by Michael Hand, Managing Director; Michael Rost, Managing Director; and Robert Dolan, Senior Associate. PNC Riverarch Capital will be represented on the Environmental Express board of directors by Hand and Rost. Senior debt for the transaction was provided by NXT Capital. Environmental Express was previously a portfolio company of Florida Capital Partners. PNC Riverarch Capital is a middle-market private equity group that invests in privately-held companies headquartered throughout North America. It seeks to invest $10 million to $50 million per transaction in support of recapitalizations, leveraged and management buyouts, corporate divestitures, and growth financings. PNC Riverarch invests in well-positioned companies across a variety of industry sectors, including outsourced services, specialized manufacturing, and value-added

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distribution. Since 1982, PNC Riverarch and its predecessors have provided equity capital to more than 100 companies. PNC Riverarch Capital is a division of PNC Capital Finance, LLC, a wholly owned indirect subsidiary of The PNC Financial Services Group, Inc. (NYSE: PNC). PNC (www.pnc.com) is one of the nation’s largest diversified financial services organizations providing retail and business banking; residential mortgage banking; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management."

PNC and Riverarch Capital are registered marks of The PNC Financial Services Group, Inc. ("PNC"). Products and services offered by or conducted through subsidiaries of PNC. ©2012 The PNC Financial Services Group, Inc. All rights reserved.