FOCUS LLC Secures Recapitalization Financing for Integrity Media, Inc.

Tombstone: Integrity Media has been recapitalized by JP Morgan.Washington, DC (January 17, 2008)FOCUS LLC, a national middle market investment banking firm providing merger, acquisition, divestiture and corporate finance services announces that Integrity Media, Inc. has been recapitalized with a senior secured revolving credit facility by JP Morgan/Chase. FOCUS initiated the transaction, acted as financial advisor to, and assisted with the negotiations as the representative of Integrity Media.

Integrity Media is a communications company that produces, publishes and distributes Christian music, books, greeting cards and other related products. The company produces praise and worship music in different musical styles for specific audiences such as children’s music, gospel music, youth music and live worship music, in a variety of product formats including compact discs, videos, DVD’s, digital content and printed music. Integrity Media serves the pop/rock and adult contemporary segment of Christian music through its subsidiary INO Records, an artist-based independent music company. The Company has enjoyed impressive growth since its inception in 1987 and currently has more than 220 employees distributing products in 167 countries. Capital was used for the retirement of all existing indebtedness.

According to Mike Coleman, Chairman and CEO, “When I first considered recapitalizing Integrity, I thought of Jonathan Wilfong at FOCUS LLC. I have had a relationship with Jonathan for almost 20 years and knew he understood our firm’s mission and business, as well as the media industry. Even during this time of troubled markets, FOCUS was able to secure a credit facility for Integrity with far better terms, and at a substantial savings in debt service costs. I am very pleased with the transaction and our new relationship with JP Morgan/Chase.”

About FOCUS LLC

FOCUS LLC provides a range of middle market investment banking services with an emphasis on mergers, acquisitions, divestitures and corporate finance. FOCUS is headquartered in Washington, D.C. with regional offices in Atlanta, Chicago and San Francisco. FOCUS specializes in business units with transactions or revenues in the $5-300 million range, serving entrepreneurs, corporate owners and various types of investors across a broad range of industries, throughout the U.S. and worldwide. FOCUS bankers are seasoned operating and financial executives with extensive transaction experience. Securities transactions conducted by Wm. H. Murphy & Co., Inc. registered Broker Dealer member FINRA/SIPC. For more information on FOCUS, visit www.focusbankers.com.