RAPCO RECEIVES ADDITIONAL FUNDING

JACKSON -- Rapco International Inc. announced Friday that its principal financial investors Capital Resource Lenders and C1 Capital had committed additional funding to the company.

The new funding brings the Capital group's commitment to over $5 million since its initial involvement in 1989.

"This additional capital is another demonstration of our investors' continuing support for the company," said Peter L. Marsac, Rapco's Chief Executive Officer. "Our investor group has contributed to the company's development in many ways."

Rapco also announced an enlarged focus on its Stagecraft Lighting Division. Brad Graham has been named vice president of marketing. He has more than 20 years' experience.

Capital Resource Lenders manages a $100 million fund focused on investing in middle market American businesses, and has offices in Massachusetts and California. C1 Capital invests in U.S. Companies seeking capital for grow, acquisitions and share repurchases for leveraged buyouts.

Rapco manufactures cables for the music industry.