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Lewes, Delaware
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December 2, 2011     Cape Gazette
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December 2, 2011

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Cape Gazette BUSINESS & REAL ESTATE FRIDAY, DECEMBER 2 MONDAY, DECEMBER 5, 2011 47 F " Hollingsead International prod- PATS Aircraft Svstem restructured wnth new m^,n rch,n uctline) and VIP executive air- - ] . . " v v I ml m I n craft maintenance, modification Wayzata Investment - L . . ....... ..... and executive interior comple- Private investment tundsstanding of PATS for customers, PATs Aircratt Systems is an tions services managed by Wa zata Invest- employees and shareholders, industry leading supplier of Go to http'//wwwpatsair- Partners takes reins ment Partners LI C,.a Minneso- We are pleased by the strong Auxiliary Fuel Systems applica- craft cam for more information ta-based privat equity firm, support from Wayzata and for tions, Aerospace Component " . " PATS Aircraft Systems has an- now own a majority of the equi- this consensual restructuring Manufacturing (including the nounced that it has executed a ty in PATS. Tt e company's which improves our balance " " . restructuring agreement with board of director is composed sheet, reduces debt and interest Does Your ,4D "T.qliTI7 PltltP/ O lt d' its lenders that formally estab- of Roger Wolfe, f )rmer CEO of obligations,and enables c0ntin- Business ]Tad -]J LJ"IJ [ r lishes PATS as a fully capital- DeCrane Aerospace; Danielued reinvestment in our prod- Place a business card-size ad in 83 Maryland, ized, stand-alone company with McHflgh, CEO dSouthern Air ucts and futuregrowth." Delaware and DC newspapers for one low pr ce] a significantly reduced debt Inc.; Joseph l eignan andWolfe, newly appointed structure. Pursuant to the re- Matthew Schli p, both of chairman of PATS' board, sai& . Over 3 Million Readers Only $1,450 perweekl structuring, holders of PATS' Wayzata Investment Partners With the support of new own- SAVE UP TO 85% senior debt received 100 percent LLC; and John } [artin, PATS' ership, PATS is well positioned of the available ex- change for reducing their debt amount. Importantly, the re- structuring is transparent to all business operations and will have no impact on trade credi- tors, suppliers, customers and employees. current president Martin Said, "T ing provides the a strong balance ensure the long-1 md CEO. ds restructur- ompany with heet that will financial to realize the full value of its business potential. We look for- ward to the continued positive reception of PATS in our indus- try." CALL MDDC PRESS SERVICE 1 - 55-721-MDDC x6o Freauency discounts and ad size oations also available Michael Berardi joins Wohlsen Construction Company Wohlsen Construction Com- pany recently announced that Michael B. Berardi has joined the firm as vice presfdent and will lead Wohlsen's business in the Delaware, southeastern Pennsylvania, South Jersey and Maryland region. Berardi has worked in the Mid-Atlantic construction mar- ket for the past 30 fears and has spent the last 14 years as presi- dent of a re- gional builder and construc- " tion manage- ment firm Michael Berardi serving cus- tomers in the healthcare, higher education, K- 12, corporate, senior living, insti- tutional, industrial and federal markets. His proven leadership skills and excellent reputation will be a huge asset to Wohlsen's relentless pursuit of excellence, service and results for its customers. Berardi has been active in the community, serving as a direc- tor on the boards of the Delaware Contractors Associa- tion, Associated Builders and Contractors, Boy Scouts of America Del-Mar-Va Council, and Union Hospital Foundation, and he is active in organizations suchas Goodwill, Easter Seals and other nonprofit groups. Wohlsen Construction Com- pany, a Green Plus certified company, was founded in 1890, and is one of the leading merit shop construction firms in the Mid-Atlantic states, serving Pennsylvania, Delaware, Mary- land, and New Jersey, "i felt hear ate somel my breatJ Sylvester The ambUlal Emergency I ess in my chest. It was almost like I ing that bothered me. I couldn't catch I should have known better." illen's family called 911. ,ce look him directly to Beebe Medical Center's )epartment. He arrived at 11:55 p.m., and within 51 mlmutes, Interventional Cardiologist Mouhanad Freih, MD, ppened the blocked:artery in his heart and inserted a'stbnt to restore blood flow. To read Syh www.bee Call 911 outcomes o( B Beebe Medico Lewes, Delaware www.beebemed ster Quillen's entire story, visit our website at Click on Cardiac & Vascular Services. ,hen symptoms first appear. The best :ur when treatment is given prorr/pfly. Center ~rg 0 Sylvester Quillen, Jr, Millville, and Interventional Cardiologist Mouhom]d Freih, M.D.