JPB Enterprises, Inc. Hires Ken Mills as Vice President, JPB Real Estate Group

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Tue Jan 22, 2008 9:01am EST

  COLUMBIA, MD, Jan 22 (MARKET WIRE) -- 
 JPB Enterprises, Inc. ("JPBE") announces the recent hire of Ken Mills as
Mid-Atlantic Vice President for the JPB Real Estate Group. Mr. Mills will
focus his efforts on business development and project management.

    "We are excited to have Mr. Mills join our team of professionals," said
Michael Kalinock, Vice President/Director of JPBE Real Estate. "Mr. Mills
brings a breadth of experience to the JPB Real Estate Group that should expand
our presence locally and throughout the Southeast."

    Prior to joining JPB Real Estate Group, Mr. Mills was the Vice President
ofBusiness Development for Baltimore-based Struever Bros. Eccles & Rouse, Inc.
(SBER), a regional development, construction and property management firm. Mr.
Mills' responsibilities included the strategic planning, identification and
assessment of project opportunities for SBER's development and construction
divisions.

    "We're delighted to have someone of Ken's stature join JPBE. He brings to
our Real Estate Group a set of skills and experiences that will provide us a
competitive advantage in achieving our long-term business goals," stated JPBE
Chairman and CEO, J.P. Bolduc.

    Prior to SBER, Mr. Mills was the chief executive officer of a quasi-public
real estate
development authority, where he developed a public services complex and also led
the authority's first rating service review as well as its first three
public bond financing transactions.

    About JPBE

    JPB Enterprises, Inc. is a premier merchant bank serving the lower middle
market
in the Mid-Atlantic and Southeastern United States. Founded in 1995 by J.P.
Bolduc, JPBE provides a full range of services to lower middle market companies,
including private equity (leveraged buyouts and venture capital), real estate
development (residential and commercial) and investment banking advisory
services. For more information, visit www.jpbe.com. The JPBE Real Estate Group
focuses on commercial and residential investment and development throughout
the Mid-Atlantic and Southeast regions.

    

Contact:
Michael Kalinock
410-884-1960

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