ContainerTrac, Inc., ContainerTrac serves the seaport and rail industries by providing a fully automated, cell level accurate, in-yard container Position Detection System (PDS). Unlike previously deployed solutions from other technology vendors (those using radio frequency identification or GPS), ContainerTrac's PDS actually provides cell level accuracy, under all conditions, which is essential to overcome the multi-path and blockage challenges of heavy metal, steel shipping container environments.

ESI Environmental is an industrial wastewater treatment and environmental
management company. ESI treats a wide variety of industrial, non-hazardous
waste streams and recycles used oils for the secondary fuel market. ESI
also brokers the disposition of certain hazardous materials.

FusionWare Corporation is a provider of enterprise business solutions and support services. They offer the ePath™ suite of innovative XML-based products. This product line allows businesses to protect and access their legacy data, while offering them a migration path to the Internet enabling them to transact business on-line with partners, suppliers and customers.

Liens Operating Company, LLC Liens Inc. is a Los Angeles, California based company involved in the collection of workers' compensation and personal injury claims on behalf of California health care providers. Liens assists healthcare providers in improving their cash flow by utilizing their knowledge of the workers compensation laws in California and expediting the collection process.

North's Restaurants, Inc has been a pioneer in the buffet restaurant industry for thirty-five years. The company operates 21 company owned and 9 franchised units in the states of Oregon, Washington, Idaho, California, Nevada and Utah.

Matterhorn Group, Inc. ("MGI") is headquartered in Boise, ID and is one of the dominant suppliers of dessert, snack and related ice cream products in the western states. With its three subsidiaries, Deluxe Ice Cream in Salem, OR, Vita-Freeze, Inc. of Sacramento, CA and Matterhorn Ice Cream, Inc. of Caldwell, ID, it has well-established brands with an excellent reputation and strong retail grocery relations. As a group, these three subsidiaries manufacture bulk and novelty ice cream products under their own labels and under third party brand labels for distribution through the retail grocery channels.

Navis Logistics Network is a 22-year-old family of companies that specializes in custom packaging and shipping for items that are fragile, large, awkward and valuable (FLAV™). Navis serves commercial, industrial and retail customers throughout the United States, Canada and Puerto Rico through a network of about 150 franchised retail stores and warehouses and a national sales operation. The privately held parent company has headquarters in Greenwood Village, Colorado, in the Denver metropolitan area.

Portrait Displays, Inc develops software that enables pivoting computer monitors to operate in either landscape or portrait display format. Portrait licenses its technology to brand name manufacturers of LCD monitors worldwide. Its products include Pivot Pro, Liquid View, Liquid Surf and Display Tune.

Pulse Systems is a contract manufacturer of medical-devices and components for minimally invasive surgery. The components are micro-cut from small metal tubes by means of laser technology, then incorporated into stents, catheters, suturing devices, cannulas and instruments used in by-pass surgery.

Relax the Back Corporation, Inc, based in El Segundo, California, is a nationwide retail chain offering lifestyle solutions and spinal care products for the prevention and relief of back and neck pain. The Company consists of 90 franchised stores, which carry a broad selection of ergonomic furniture for home and office, a proprietary line of mattresses and pillows, exercise equipment and other back related items.

School Innovations & Advocacy, Inc. is a Sacramento based third-party provider of services to school districts in California. Their core business is the preparation and filing of mandated cost claims on behalf of school districts, and securing reimbursement of such claims from the state of California.

Western Shield Label Company, is a Los Angeles, California based manufacturer of pressure sensitive labels, primarily for the food and grocery industry. The company produces high-quality color labels employing ultra-violet ink flexography.

America’s PowerSports (APS) is a national retail dealer network in the growing power sports industry. The company’s dealerships sell premium brand motorcycles, all-terrain vehicles and personal watercraft. The APS team assists dealers, manufacturers and vendors in establishing partnerships and relationships that create value and fun for the consumer.

Assist Cornerstone Technologies, Inc, based in Salt Lake City, was a rapidly growing vendor of AS/400 based application software. Assist focused on providing advanced software solutions for eCommerce, direct response marketing, transportation, and distribution. Pacific Mezzanine Fund invested In December 1999, Assist was subsequently acquired by Cayenta, a subsidiary of The Titan Corporation.

BackSaver designs and distributes back care products, mostly furniture, designed to relieve back pain. BackSaver's largest customer is Relax The Back's 86 company-owned and franchise stores. BackSaver's end-users are upscale retail consumers who either suffer from back pain or are sensitive thereto.

Brainstorm Networks, Inc was an Internet Service Provider ("ISP") focused on the wide-area networking needs of small to medium size businesses in the San Francisco Bay Area. Brainstorm provided its customers with dedicated high-speed access to the Internet using ISDN, DSL, or T-1 connectivity. In July 1999, RCN Networks (RCNC, NASDAQ) acquired Brainstorm.

BriteSmile, Inc (BSML, NASDAQ), based in Walnut Creek, CA is engaged in professional teeth whitening through company owned centers and BriteSmile Associate Centres. The BriteSmile procedure offers consumers a simple, safe, state of the art method to return their teeth to their optimal natural whiteness in just one visit to a BriteSmile location.

DataWorks Corporation, Inc was a vendor of Enterprise Resource Planning (ERP) systems for high-growth, midsize manufacturers. In November 1995, DataWorks completed a successful $35 million initial public offering of common stock, and in December 1996, DataWorks completed a $48 million secondary offering of common stock. In mid-1996 and late 1997 DataWorks acquired two competitors, DCD of Minneapolis, MN and Interactive Group of San Diego, CA, respectively. In late 1998, DataWorks was acquired by Epicor Software (EPIC, NASDAQ).

Deluxe Ice Cream is an 87-year old manufacturing operation of Salem, Oregon, and one of the dominant suppliers of dessert, snack and related ice cream products in the Northwest. Deluxe's products bear the "Quality Chekd" seal of approval as Deluxe is a member of the Quality Chekd cooperative.

Furman Sound, Inc is a leading designer and manufacturer of high performance audio signal processing equipment and AC power conditioning and distribution equipment for the audio, video, and data communications industries.

Global Employment Solutions, Inc is an entity that was formed by a Denver based investment group, KRG Capital Partners, to acquire companies in the staffing industry. Pacific Mezzanine Fund participated in the initial two acquisitions: a Chicago based firm focusing on office support, accounting and IT, and a Dalton, Georgia based company with 16 offices to serve the light industrial segment.

Guerdon Homes, Inc was one of the nation's leading producers of high value, factory built homes with manufacturing operations in Oregon, Idaho, Colorado, Nebraska, and Mississippi. The proceeds of PMF’s investment were used to repurchase shares from the majority shareholder. In 1996, Guerdon Homes was acquired by a public company, American Homestar Corporation.

Ingredients International, LLC is a leading distributor of bulk vitamins, binders, and specialty chemicals to the vitamin, health and cosmetic industries. Operating primarily in southern California, Ingredients has enjoyed steady growth by supplying the "nutriceutical" market, which consists of vitamins, health supplements, and over-the-counter nutritional aids.

Life Generations Healthcare, Inc manages skilled nursing facilities in California. They provide intensive care and rehabilitation therapy while creating a comfortable environment through an interdisciplinary support team consisting of professionals in nutrition, recreational activities, and personal care.

Lyte Optronics, Inc was a leading marketer and distributor of laser-based consumer products including laser pointers, air filtration systems, construction tools and sites for weaponry. Lyte also manufactured semi-conductor chips for telecommunication applications. Lyte was sold to American Xtal Technologies (NASDAQ AXTI) for $60 million in stock in June, 1999.

Respond, Inc was a Boise, Idaho based, third-party service provider of automated teller machine management and maintenance. Respond was sold to Loomis Fargo in 2003.

RJLA Officeworks is a leading middle market office furniture company located in Southern California. The company manufactures, markets, distributes, and installs a wide variety of Laminate and Veneer Desk Products, Ergonomic and Wood Seating, and Conference Tables. RJLA markets to commercial and home offices through a network of independent Office Furniture dealers. The company is known for attractively priced, highly functional, attractive, and durable products. A significant portion of the company’s business is shipped on its Express Programs which feature 3-Day, 5-Day, and 10-Day delivery choices.

T and T Industries, Inc, based in Fullerton, California and Bullhead City, Arizona, is the largest manufacturer of paper coated wire twist ties in the U.S. They maintain industry leading positions in generic ties used for bag closures; label, identification and packaging twist ties used in the agricultural produce industry; and vine ties used for gardening and for other agricultural purposes. PMF sold its interest in T and T in 2002.