Press Release Archive:
New Image acquires Kelly's Crafts, Inc. 10/06
New Image acquires Signature Designs 07/06
  Tronair, Inc. Acquires JETporter 04/06
  New Image Group Acquires Lara's Crafts, Inc. 12/05
  Tronair, Inc. Acquires Arvico Corp. 12/03
River Capital announces creation of New Image Group, Inc. 11/03
  MasterWorks Decor Acquires Assets of The Tree Factory, Inc. 06/03
Acquistion Archive:
Kelly's Crafts, Inc. 10/06
Signature Designs International 07/06
JETPorter, Inc 04/06
  New Image Group, Inc. 12/05
  Lara's Crafts, Inc. 12/05
  MasterWorks Decor, Inc. 06/03
  Tronair, Inc. 01/00
  American Threshold Industries, Inc. 12/98
  Piedmont Aviation Services, Inc. 07/98
Other Announcements:
  River Capital Sells American Threshold Industries To Allegiance Healthcare 03/01

and management are pleased to announce
a new name for our successful holding company, formerly
New CPE, Inc./Masterworks Décor, Inc.



Our new name more accurately reflects our commitment to
the investment in and development of
complementary craft and home décor companies.

New Image Group, Inc. is comprised of Consumer Product Enterprises, Inc. and Masterworks Décor, Inc. Consumer Products is a manufacturer of acrylic felt and other textile products for the craft, consumer and industrial markets. Masterworks Décor manufactures fine botanical décor for the retail, home décor, furniture and gift markets. Both companies are headquartered in Union, SC and both were acquired by River Capital in 2003.

River Capital, founded in 1983, is a private investment firm, which organizes and invests in the acquisitions of select, well-established middle market companies. River Capital is one of the oldest firms of its type in the southeast and has acquired companies in a broad range of industries with combined revenues of over $600 million.

Two Midtown Plaza
1349 West Peachtree Street, Suite 1430
Atlanta, Georgia 30309
(404) 873-2166

December 2005




River Capital  ·  4200 Northside Parkway  ·  Building 14, Suite 250  ·  Atlanta, GA 30327  ·  404-873-2166 (Ph)  ·  404-873-2158 (Fax)  ·  info@river-capital.com