Dresner Partners Advises SEMX Corporation on its Merger with Coining Holding Company

FOR IMMEDIATE RELEASE

DRESNER PARTNERS ADVISES SEMX CORPORATION
ON ITS MERGER WITH COINING HOLDING COMPANY

CHICAGO – February 23, 2009 – Dresner Partners, a FINRA-registered, middle-market investment bank, announced today that it had advised SEMX Corporation (Pink Sheets:  SEMX) in its recent merger with Coining Holding Company, a portfolio company of River Associates Investments, LLC, Chattanooga, Tenn. 

Headquartered in Armonk, N.Y., SEMX Corporation (SEMX) is a leading niche manufacturer of specialty materials and engineered metal products with a global footprint.  The company focuses on interconnect and packaging products for microelectronic component designers and assemblers, while also addressing broader applications across a variety of industries.  The company’s products are used in the medical device, telecommunications, semiconductor, automotive, industrial, consumer, and aerospace & defense industries.  ACI Capital Co., LLC, a New York-based private equity firm, has been a major investor in SEMX.

Coining Holding Company, based in Saddle Brook, N.J., viewed the transaction as highly strategic, with the merger offering both operating and sales and marketing synergies.  Gary Holcomb, Chief Executive Officer of Coining Holding Company, said, “We are very excited to be able to supplement Coining’s business with SEMX’s broad product line, blue chip customer base and diverse end markets, not to mention bringing SEMX’s outstanding management team on board.  Together, we are confident that we will continue to grow as a stronger, more diversified organization with a broad geographic and end market presence.”

SEMX’s Executive Vice President of Sales, Vito Tanzi, commented, “We had always viewed Coining as the logical strategic buyer for SEMX.  With our product and customer overlap and complementary geography and end markets, this combination is an excellent fit.”

Kevin Penn, Managing Director at ACI Capital Co., LLC, added, “This merger is a great outcome for all constituencies.  The Dresner team did a great job bringing the merger to a successful closing, and we appreciate the hard work and dedication of all of our professional advisors and the SEMX management team.”

The transaction was co-managed by Gregg Pollack and Vince Pappalardo, both managing directors at Dresner Partners.  Gregg Pollack stated, “We are pleased to have facilitated this strategic transaction on behalf of the shareholders of SEMX in this challenging environment.”  Vince Pappalardo, head of Dresner’s Metals Practice, added, “These two premier manufacturing companies will be much stronger together than they were individually, and we are confident that the two companies will benefit from the diversity of resources at the combined organization.  As a result, the companies are much better positioned to gain market share and continue to grow profitably in their niche markets.”

About Dresner Partners
Dresner Partners is a FINRA-registered, middle-market investment bank based in Chicago, Illinois.  Founded in 1991, Dresner Partners provides financial advisory services to business owners and managers throughout the United States, including institutional private placements of debt and equity, merger & acquisitions, and valuation and strategic consulting services.  Dresner Partners is also a member of IMAP, an exclusive global organization of leading middle-market merger and acquisition (M&A) advisory firms providing strategic merger, acquisition, divestiture and related corporate finance services.   More information on Dresner Partners is available at www.dresnerpartners.com. 

About SEMX Corporation
SEMX Corporation and its subsidiaries manufacture specialty materials and engineered metal products.   SEMX’s primary product lines are solder preforms, jumper chips, bonding pads, drawn bonding wire and ribbon, heat sinks, spheres and lead frames.  These products are used in the medical device, telecommunications, semiconductor, automotive, industrial, consumer, and aerospace & defense industries.

About Coining Holding Company
Coining Holding Company is a portfolio company of River Associates Investments, LLC, Chattanooga, Tennessee, and is the parent company of Coining, Inc., based in Saddle Brook, NJ.  Coining is estimated to be the largest solder preform manufacturer in the world, as measured by both sales volume and units shipped. Coining melts, alloys, casts, extrudes and rolls its own raw materials as well as stamps, inspects and packages final parts. The Company is active in more than 200 alloys (precious and non-precious), has an industry-leading library of more than 8000 tools, and serves over 400 customers in more than 20 countries around the world. The Company’s products are used in the medical device, telecommunications, semi-conductor, automotive, industrial, consumer and aerospace industries.

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For Media Inquiries:
David Gutierrez, (312) 780-7204, dgutierrez@dresnerco.com 
Stephen Mullin, (312) 780-7213, stevemullin@dresnerco.com