Sunbelt Expands Into Brazil, Portugal, Saudi Arabia and Spain

CLEVELAND, OH, July 10, 2006 – Sunbelt®, the world’s largest network of franchised business brokerage offices, has recently licensed additional Master Franchise rights to Greg Kells, the current Master Franchisee for Canada. Mr. Kells will be establishing new office locations in Brazil, Portugal, Saudi Arabia and Spain.

“Canada currently has eighteen Sunbelt offices, all of which Greg has established in the past four years. The depth of his experience will enable Sunbelt to continue its rapid international growth,” stated Matt Ottaway, Sunbelt Brand Manager. “We are pleased to have Greg extending his experience and expertise as a business broker and master franchisee into new regions.”

Mr. Kells is an international entrepreneur, with extensive experience in business development, marketing and management. Prior to joining Sunbelt, Greg served as chairman for several companies in industries such as manufacturing, tourism and real estate development. He has also served as the Chair of the Canadian Institute of Conflict Resolution and currently chairs the Canadian Institute of Nature. Greg currently resides in the Ottawa, Ontario area with his wife Gayle.

Sunbelt specializes in helping individuals and companies buy and sell businesses in all four areas of the private business market: Main Street, Franchise Sales, Franchise Resales and Mergers & Acquisitions. Sunbelt is a wholly-owned subsidiary of Merrymeeting®, Inc. (MMI), a Cleveland-based investment firm specializing in the acquisition and development of franchised brands. MMI currently operates four franchise systems with more than 1,200 franchised locations worldwide. To learn more, please visit either www.sunbeltnetwork.com or www.merrymtg.com.