Clearview Capital, LLC

Clearview Capital Acquires VIA, Inc.
June 1, 2000

Clearview Capital, LLC today completed the leveraged recapitalization of VIA, Inc in a $27.5 million transaction. VIA is a rapidly growing manufacturer of high quality office seating headquartered in Sparks, NV that has established itself as the "quick ship" pioneer in the contract furniture industry in the United States. In an industry where 4-6 week and longer lead times are the norm, VIA has successfully implemented its "Every chair, every option, every fabric, every leather, ready in 48 hours" strategy while simultaneously establishing itself as a leader in the design of ergonomic seating.

Thomas Sorensen, the company's founder, remains the largest individual shareholder in the recapitalized company and will continue in his role as CEO. Key members of management, including the President Joseph McGinley, acquired significant stakes in the company during the transaction. Sorensen, McGinley and the rest of VIA expect the company to continue to grow rapidly as new products are introduced next week at NEOCON in Chicago and as the company broadens its base of dealers throughout the United States.

LaSalle Bank, N.A. provided a senior term loan and a revolving credit facility. Canterbury Mezzanine Capital, II, LP provided subordinated debt financing.