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Advantage Partners and Bain Capital Complete Acquisition of MEI Conlux

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Global Leader in Unattended Payment Systems Plans for Growth

TOKYO (June 21, 2006) – Advantage Partners, one of the foremost private equity firms in Japan, and Bain Capital, a leading global private investment firm, today completed the acquisition of MEI Conlux from Mars, Incorporated. Terms were not disclosed.

MEI Conlux is the global leader in payment acceptance systems used widely in vending, gaming, transport and retail applications. The Company announced on April 6, 2006 that it had reached a definitive agreement to be acquired.
 
“Our customers and consumers will continue to receive outstanding service, and will also benefit as we introduce new technologies and invest pro-actively in new segments and geographies,” said Mike Hayes, President of MEI Conlux. “With a strong competitive position, superior technology, and the support of our new financial partners, MEI Conlux is confident in our blueprint for sustained growth and market leadership.”
 
Headquartered in West Chester, Pennsylvania and Sakado, Japan, MEI Conlux is the industry leader globally with strong market positions in all of its business segments. 
 
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About MEI Conlux
MEI Conlux (www.meigroup.com) is a leading global manufacturer of unattended payments systems and employs over 750 associates worldwide with manufacturing facilities in Japan, Mexico and Switzerland. The business operates distribution hubs in the United States and United Kingdom that are also equipped to perform final product configuration for customized orders. The distribution network reaches more than 90 countries around the world.
 
About Advantage Partners
Advantage Partners, LLP. (www.advantagegroup.co.jp) is a private equity investment firm founded in 1992. The firm manages about $1 billion in private equity funds that focus on investing in acquisitions, buy-outs, buy-ins and other private equity opportunities in Japan. Advantage established the first buy-out fund in Japan in 1997 and is a pioneer in the private equity investment industry in Japan. The objective of the funds is to realize superior capital gains for investors. In order to achieve this, Advantage Partners places great importance on supporting operational improvement and strategic planning, based upon extensive business consulting experience. Advantage Partners has invested in 19 companies to date.
 
About Bain Capital
Bain Capital, LLC (www.baincapital.com) is a global private investment firm that manages several pools of capital including private equity, venture capital, public equity and leveraged debt assets with more than $38 billion in assets under management. Since its inception in 1984, Bain Capital has made private equity investments and add-on acquisitions in over 230 companies in a variety of industries around the world, and has a team of almost 200 professionals dedicated to investing in and supporting its portfolio companies. Bain Capital has a long history of successful investments in retail and technology businesses, including such companies as Toys “R” Us, Burger King, AMC Theatres, Domino’s Pizza, SunGard Data Systems, and UGS PLM Solutions. Headquartered in Boston, Bain Capital has offices in Tokyo, Hong Kong, Shanghai, New York, London and Munich.
 
About Mars, Incorporated
A privately-held company, Mars, Incorporated (www.mars.com) produces some of the world’s leading confectionery, food, pet food and beverage brands, and operates in more than 65 countries. Headquartered in McLean, Virginia, Mars, Incorporated employs more than 39,000 associates worldwide with 100 manufacturing facilities globally. The company owns some of the world’s favorite brands including M&M'S® Brand, SNICKERS® Brand, UNCLE BEN'S® Brand, PEDIGREE® Brand Food For Dogs, WHISKAS® Brand Food For Cats. The company’s global sales exceed $18 billion annually.
 
CONTACT: 

For MEI:
Jeff Jordan, MEI Conlux, (610) 430-2813, Jeff.jordan@effem.com
For Bain Capital:
Alex Stanton, Stanton Crenshaw Communications, (212) 780-1900, alex@stantoncrenshaw.com
For Advantage Partners:
Atsushi Akaike, Advantage Partners, LLP, +81-3-5157-0201, aakaike@advantagegroup.co.jp