Raymond James Technology Investment Banking Group Advises Alternative Technology in Acquisition by Arrow Electronics.

The Raymond James Technology Investment Banking Group served as exclusive financial advisor to Alternative Technology in connection with the acquisition of the company by Arrow Electronics (NYSE – ARW), a transaction that closed on November 30, 2006.

CHB Capital Partners is a private equity investment firm that specializes in closely held and family owned companies in the United States. Alternative Technology has been a CHB Capital portfolio company since 2001. CHB sponsors growth investments, acquisitions (including management buyouts), and recapitalizations. CHB was co-founded in 1995 by Mr. John W. Flanigan and Mr. Thomas L. Kelly, II. It is headquartered in Denver, Colorado and has an additional office in Atlanta, Georgia.

Alternative Technology, which is headquartered in Englewood, Colorado and has approximately 150 employees, supports value-added resellers in delivering solutions that optimize, accelerate, monitor and secure an end-user's network. The company operates as a specialty distributor of access infrastructure and security solutions to the value-added resellers. It offers thin-client/server-based computing, edge infrastructure, network management, security, and wireless products to healthcare, homeland security, finance, government, and retail markets. Total 2006 sales are expected to exceed $300 million.

Alternative Technology will be merged into the Enterprise Computing Solutions Business of Arrow Electronics. The Company will provide the Arrow Enterprise business with complementary product lines, a wide array of value-added service offerings and an extensive network of reseller and end-user customers.

As the exclusive sell-side financial advisor, Raymond James provided in-depth advisory services to position Alternative Technology for a successful outcome.