Talon Innovations Corporation Acquires Vulcan Machine, Inc.

Graycliff Partners, an independent investment firm focusing on middle market private equity and mezzanine investments, has announced the acquisition of Vulcan Machine, Inc. by Talon Innovations Corporation, a Graycliff Partners portfolio company. The acquisition provides both Talon Innovations and Vulcan added manufacturing capabilities, capacity and back-up manufacturing sites. The two companies share expertise for machining complex geometries and materials for semiconductor, aerospace, medical device and other high tech industries.

"We are excited to support Talon in its acquisition of Vulcan," said Duke Punhong, Principal, Graycliff Partners. "Vulcan's manufacturing expertise and market penetration will enable Talon to expand its product offering and better serve its diverse range of end-customers. We look forward to continuing to support the management teams at Talon and Vulcan."

"This acquisition is in alignment with Talon's strategy to be a vertically integrated, full service manufacturing partner with our customers. The incremental capabilities and added capacity, along with a shared mindset for high quality precision and complex machining stages us well for continued strong growth," said Greg Olson, CEO of Talon Innovations.

"We are very pleased to be joining forces with Talon Innovations. I look forward to working with the Talon team as we leverage our significant synergies for growth. Vulcan has been a successful machining partner for 37 years, and through this acquisition we are now in a position to expand the services we provide to our customers," said Jim Williams, General Manager of Vulcan Machine, Inc.

For more information contact:

Vulcan Machine, Inc.

1217 Tech Blvd.

Tampa, FL 33619

813-664-0032

www.vulcanmachine.com