March 17, 2008

BEVERLY HILLS, CA – March 17, 2008 – OpenGate Capital, an international private buyout firm, announced that Dionisio Lucchesi has joined the company as Director of Business Development. Mr. Lucchesi will be responsible for generating and analyzing acquisition opportunities and will be establishing and maintaining relationships with M&A professionals.

“We are very pleased to welcome Dionisio to OpenGate Capital,” stated Andrew Nikou, Managing Partner of the firm. “His experience in private equity and specifically in deal sourcing will be very valuable as we expand our business development efforts to encompass a larger base of acquisition opportunities on a global scale. Joining OpenGate is a great opportunity and I look forward to building on the success that the company has established to date,” said Mr. Lucchesi.

Mr. Lucchesi joins OpenGate with previous private equity investing experience as a Senior Associate with Parallax Capital Partners, where he sourced and evaluated acquisition opportunities in the technology industry. Before joining Parallax he worked for FactSet Research Systems as a Research Analyst covering mergers and acquisitions in Western Europe. Mr. Lucchesi holds a Bachelor of Arts degree in Business Administration from Loyola Marymount University.