LFE Fund Invests $3M in Iowa's Global ID Group

* Reuters is not responsible for the content in this press release.

Thu Apr 17, 2008 6:42pm EDT 

Food Safety Service Provider to Expand Global Agribusiness Product
                                 Line
DES MOINES, Iowa--(Business Wire)--
Minneapolis-based venture capital investor LFE Capital has
announced a $3 million investment in Fairfield, Iowa's Global ID
Group. The Global ID Group is a leading provider of testing and
certification for food and agricultural products.

   LFE Capital is backed by the Iowa Capital Investment Corporation
(ICIC), the State's venture capital development organization that
works to provide Iowa entrepreneurs with improved access to venture
capital.

   "Global ID Group is pleased to partner with LFE Capital to further
its corporate mission of supporting the production of safe, healthy
and ethical food," said Ken Ross, Global ID Group CEO.

   According to Mr. Ross, LFE's investment will allow the Global ID
Group to accelerate growth by introducing new products and services
for the global agribusiness community.

   "Global ID's services address government and consumer needs for
information about food quality and growing concerns about food safety
and processing practices," said Leslie Frecon, LFE Capital CEO. "LFE
looks forward to working with the Global ID team to expand its
business world-wide."

   LFE II builds on the investment strategy of the LFE Capital Fund
I, L.P., to invest growth and expansion capital in the business
services, consumer and health sectors. The fund emphasizes smaller
middle market companies in the Midwest.

   ABOUT LFE CAPITAL

   LFE Capital was founded in 1999 by Leslie Frecon and currently has
two funds under management. Based in Minneapolis, LFE Capital is a
private equity fund manager that provides flexible financial solutions
for Midwest-based companies with strong growth prospects.
www.lfecapital.com

   About Iowa Capital Investment Corporation

   The Iowa Fund of Funds is a $100 million program organized by the
Iowa Capital Investment Corporation (ICIC) and professionally managed
by Cimarron Capital Partners LLC. The Iowa Fund of Funds is designed
to help build a professional venture capital industry to serve Iowa
entrepreneurs. www.investiowa.com

   ABOUT CIMARRON CAPITAL PARTNERS LLC

   Cimarron is a leading national investment management firm
specializing in regional private equity. The firm serves as Fund
Manager of the Iowa Fund of Funds. www.cimarroncapital.com

LFE Capital
Leslie Frecon, 612-752-1801
or
ICIC
Dennis Murdock, 515-229-4548
or
Cimarron Capital
Chip Cooper, 319-621-2066

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