Friday, July 27, 2012

Uptown Wild Wing Cafe will Re-open Under Corporate Ownership

Wild Wing Cafe ("Wild Wing"), a portfolio company of Axum Capital
Partners, today announced that it will be converting its Charlotte,
NC, EpiCentre location from a franchised restaurant to a corporate-
owned and managed operation.

As part of Wild Wing's strategy to revitalize key locations across the
country, the EpiCentre location will undergo remodeling through August
23, in time for the Democratic National Convention.

"The EpiCentre is an important location for us, and we look forward to
continuing to provide our customers with a great dining and
entertainment experience at this location and across our entire
system," said Muhsin "Moose" Muhammad II, a managing director at
Charlotte-based Axum Capital Partners, the private equity firm that
acquired Wild Wing in January.

Wild Wing Cafe currently has 34 restaurants across the Carolinas,
Georgia, Tennessee, Virginia, Texas, and Florida. Since its inception
in 1990, Wild Wing has established a strong brand based on its ability
to offer consumers high-quality food at attractive prices. Building
on this strong platform, Wild Wing is poised for substantial growth
over the next several months.

"We're totally bullish on the Charlotte market," said Wild Wing Cafe
CEO William E. Prather. "The EpiCentre location has especially strong
potential because of the uptown sports activities and its proximity to
the light rail line."

Other Wild Wing Cafes in Charlotte are located in the Ayrsley (South
Tryon Street at I-485) and the University City area (West Mallard
Creek Church Road).

The planned remodeling will include relocation of the performance
stage to further enhance the restaurant's entertainment component,
which features live local and national bands, as well as other
improvements aimed at providing a great customer experience. "Wild
Wing Cafe is also known for its sports emphasis, which will be
highlighted in the remodeled restaurant," said Muhammad, a former pro
football player for the Chicago Bears and the Carolina Panthers.

Axum Capital Partners focuses on making strategic equity investments
in lower middle market privately held businesses across North America.
Axum's target markets include fast-casual or differentiated-casual
restaurants, early childhood educational services, and other markets
that share similar fundamental characteristics. The firm was co-
founded by Muhsin Muhammad, II (former Chicago Bear and Carolina
Panther), Edna Morris (former president of Red Lobster and Quincy's
Family Steakhouse), Raymond C. Groth (former head of mergers and
acquisitions at First Union/Wachovia Securities, now Wells Fargo), and
Denis Ackah-Yensu (formerly with McColl Partners and Citigroup). For
more information visit: www.axum-partners.com.

Monday, July 23, 2012

InChem Corp. Names New Director Of Asian Sales & Marketing

Chris Joe, an experienced sales representative for InChem Phenoxy
Resins in South Korea, has been named Director of Asian Sales and
Marketing for phenoxy manufacturer InChem Corp. of Rock Hill, S.C.,
effective immediately.

Joe, whose Korean name is Joe Namsok, has been selling phenoxy resins
for InChem Corp. in Korea for 10 years, concentrating on paint,
coatings and adhesive applications.

"Chris has done an outstanding job for us in Korea, and he was a
natural choice for us to further expand our sales throughout Asia,"
said Jim Werkmeister, Director of Sales for the Phenoxy Division of
InChem Corp. "We are finding growing interest in and demand for
phenoxy as Asian countries develop and expand rapidly."

Phenoxy resins are tough, flexible, clear thermoplastics used in such
demanding technologies as composites, adhesives and coatings for
aerospace, automotive, electronics, engineered plastics, packaging and
consumer goods applications.

Chris Joe majored in chemistry at Myongji University in South Korea
and received a master's degree in management information systems at
Ajou University. He has worked for Korean chemical manufacturers and
distributors since 1995.

InChem Corp. provides custom, contract and toll manufacturing of
specialty chemicals to many of the world's leading chemical companies.
InChem is also the only licensed manufacturer of phenoxy in the world.
Learn more at http://www.phenoxy.com and http://www.inchemcorp.com.

Wendell Roth Named Director of Business Development At InChem Corp., Rock Hill, SC

Wendell Roth III, an experienced sales and marketing executive with
over 20 years in the chemical and plastic industries, has been named
Director of Business Development for InChem Corp., a chemical
manufacturer in Rock Hill, S.C.

Roth held positions of increasing responsibility at The Dow Chemical
Company in the Liquid Separations Group focused on high purity water
solutions. At DSM Fine Chemicals, a Dutch company, he gained
international experience while living in Europe, and had North
American commercial responsibilities for custom synthesis products,
and North American marketing responsibilities for nutritional
supplements.

He was Vice President, Sales & Marketing at DanChem Technologies,
Inc., where he participated in a leveraged buyout, and was
instrumental in the turnaround and eventual sale of the company in 2008.

Most recently, Roth started Waterra in Greensboro, N.C., to provide a
solution for the tens of billions of plastic bottles discarded
annually. Waterra provides environmentally-friendly purified water
dispensers that require the consumer to utilize a reusable water
bottle or container and eliminates the problem of single use plastic
bottles. The company's scope also broadened to providing a healthier
alternative to the sugared and diet beverages packaged in plastic
bottles.

Roth is past President of The Racemics, a New York based industry
group. He graduated in 1988 with a Bachelor of Industrial Engineering
from The Georgia Institute of Technology. He lives with his wife,
Cindy, and three children in Greensboro, and volunteers for various
charities in the Triad.

"Wendell has an excellent background in sales and marketing for the
custom and toll chemical manufacturing industry in which we operate,"
said Steve Crownshaw, President and CEO of InChem Corp. "As demand for
our services and facilities continue to grow, he will be a valuable
addition to our team, enabling us to be more responsive to current
customers and to secure new ones."

InChem Corporation of Rock Hill, S.C., provides custom, contract and
toll manufacturing of specialty chemicals to many of the world's
leading chemical companies. InChem is also a leading global supplier
of Phenoxy resins, which are high-value-added products used in such
demanding technologies as composites, adhesives and coatings for
aerospace, automotive, electronics, engineered plastics, packaging and
consumer goods applications. Learn more at http://www.inchemcorp.com