Tribeca Partners acquires e-Business Distribution S.A.

Tribeca Partners, a private, Colombian capital fund and e-Business Distribution S.A. (eBD), a leader in communications solutions, has signed a deal under which Tribeca Partners will become eBD's majority shareholder.

Bogotá, D.C., 19 April 2007 –Tribeca Partners investment fund announces that, through its affiliate Tribeca Communication S.A., it has signed a deal to purchase 60% of the company e-Business Distribution Colombia S.A. (eBD), a leader in the field of communications solutions.

eBD provides comprehensive solutions for integrated voice and data communications, videoconferencing, trading desk, contact center, plus professional services and equipment rental, to over 2,500 clients in different fields, such as finance, education, industry, and commerce.

eBD, was part of Alcatel Colombia S.A. until 2003, when management acquired control of the company. Since then, the company's management has been pursuing a corporate strategy based on innovation and satisfying the clients' needs. The company has also branched out into the field of renting equipment and related services.

eBD has doubled its sales since management took over the company, and it has become widely renowned in the Colombian market. What sets this company apart is its commitment to the clients and its ability to deliver solutions that are tailored to their needs.

With Tribeca Partners' purchase of eBD shares, the company is ready to embark on a second phase of expansion, with its sights set on international markets, as well as consolidating its position in the country. According to Luc Gerard, president of Tribeca, “eBD is a company with enormous potential for growth, both in Colombia and in international markets. The organization has all of the characteristics that Tribeca looks for: first class management and human talent, that under the leadership of Carlos Alberto Sierra, has developed the highest standards of quality for service to the clients. eBD is a leader in its field. The company has the financial stability to withstand aggressive expansion, and today it is gaining strength in order to grow with its clients.”

In 2006, eBD 2006 billed over 51.3 billion Colombian pesos and turned profits of over 5.24 billion Colombian pesos. As of January 2007, the company has 157 direct employees and is responsible for another 200 indirect jobs.

About Tribeca Partners

Tribeca Partners is a private investment fund that invests in businesses considered to have high potential for growth, by buying some or all of a company's shares. Its actions are concentrated in Colombia and Latin America. Currently, the company has investments in the healthcare sector: EMI Colombia, EMI Antioquia, EMI Ecuador, Alerta Panamá, and Unidad Coronaria Médica in Uruguay; as well as in high end apparel, such as OndadeMar.