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ASG Software Solutions Announces Closing of $250 Million Loan Facility from TPG Opportunities Partners



  ASG Software Solutions Announces Closing of $250 Million Loan Facility from
  TPG Opportunities Partners

 Financing Enables Company to Invest in Growth Opportunities and Operational
                                 Improvements

Business Wire

NAPLES, Fla. -- December 17, 2012

ASG Software Solutions, an innovator in enterprise IT and business software
solutions, announced today that it has closed on its previously announced $250
million loan facility with TPG Opportunities Partners, the special situations
platform of TPG.

“The loan facility from TPG Opportunities Partners has allowed the company to
refinance a previous loan, and secures ASG’s future growth plans,” said Arthur
L. Allen, Chief Executive Officer of ASG. “We are glad to have the confidence
of TPG as we look to improve our operations and invest in innovation and
growth.”

As previously announced, ASG also will appoint two independent board members
to its Board of Directors in conjunction with the loan facility. The new board
will provide strategic guidance to ASG’s management team.

Bank of America Merrill Lynch acted as ASG’s financial advisor in arranging
the financing with TPG. Huron Consulting Group (NASDAQ: HURN) acted as ASG’s
restructuring advisor.

About ASG

A recognized innovator in enterprise IT and business software solutions, ASG
Software Solutions has been optimizing 85 percent of the world’s most complex
IT organizations for over 25 years. We create and deploy unique software
solutions that reduce cost, mitigate risk and improve service delivery
throughout the IT lifecycle. ASG’s comprehensive solutions help you solve
today’s challenges, such as cloud computing and big data, while driving your
business forward by providing insight and control across cloud, distributed
and mainframe environments. For more information about ASG, visit www.asg.com.

About TPG Opportunities Partners

TPG Opportunities Partners is the dedicated credit platform of TPG, a leading
global private investment firm founded in 1992 with $54.5 billion of assets
under management and offices in San Francisco, Fort Worth, Austin, New York,
Sao Paulo, Hong Kong, London, Paris, Luxembourg, Melbourne, Moscow, Mumbai,
Shanghai, Chongqing, Beijing, Singapore and Tokyo. For more information visit
www.tpg.com.

Contact:

For ASG Software Solutions:
ASG Software, SVP Marketing
Natalie Hahn O’Flaherty, 239-435-3654
nho@asg.com
or
For TPG Opportunities Partners:
Owen Blicksilver PR
Lisa Baker, 914-725-5949
Lisa@blicksilverpr.com
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