Hudson Capital Partners Adds VP of Capital Markets

Hudson Capital Partners, a Newton, Mass.-based adviser for retail and consumer products asset dispositions, has appointed Elijah Kaplan Vice President of Capital Markets. In the newly created position, Mr. Kaplan will focus on originating investment opportunities by marketing the
firm`s products and services to capital markets participants such as financial sponsors, distressed investors, lenders, and advisers.

PRESS RELEASE:

As part of its ongoing strategic growth initiative to expand its product
offerings, Hudson Capital Partners, LLC, a national firm specializing in retail
and consumer products asset dispositions, today announced that it has appointed
Elijah Kaplan Vice President of Capital Markets. In this newly created position,
Mr. Kaplan will focus on originating investment opportunities by marketing the
firm`s products and services to capital markets participants such as financial
sponsors, distressed investors, lenders, and advisors. Mr. Kaplan will report
directly to David Peress, Chief Investment Officer of Hudson Capital Partners.

Mr. Kaplan, 31, brings extensive experience in middle-market investments, with
particular expertise in retail and consumer products companies. Mr. Kaplan most
recently served as a Vice President at Marathon Asset Management, where he
originated and executed middle-market investments across the capital structure.
In addition, Mr. Kaplan was responsible for analyzing and managing investments
in various retail and consumer products companies and helped lead several
workout proceedings and restructurings. Prior to that, Mr. Kaplan served as a
Vice President at Albion Investors where he specialized in mezzanine and private
equity investing. At Albion, Mr. Kaplan managed the investment in, and was
active in strategic decision making for a distressed retail portfolio company.
Mr. Kaplan began his career in the leveraged finance investment banking groups
at both JPMorgan and Banc of America Securities.

“Elijah brings extensive relationships and high level transaction experience in
capital markets, which will continue to elevate Hudson Capital Partners`
marketing and investment origination capabilities,” said David Peress, Chief
Investment Officer of Hudson Capital Partners. “We are pleased to welcome him on
board, as he will be instrumental in our continued expansion into larger and
more complex retail and consumer product transactions.”

Mr. Kaplan commented, “I am very excited to join Hudson Capital Partners, and
look forward to leveraging my capital markets background to identify and execute
new investment opportunities for the firm.”

Mr. Kaplan graduated from Yeshiva University with a degree in finance and
accounting and earned his MBA at the Stern School of Business at New York
University. He currently resides in Teaneck, New Jersey with his wife and three
children.

About Hudson Capital Partners, LLC

Hudson Capital Partners, LLC offers an extensive array of professional solutions
to the challenges retailers face today, including management of excess, obsolete
and discontinued inventory, changing geographic and demographic circumstances,
unproductive store sites, and real estate and liquidity issues. Leveraging the
firm`s strong retail expertise, Hudson Capital also takes active positions in
various retailers and consumer products companies through acquisitions and
financial partnerships in an effort to help maximize brand value. The firm`s
diversified staff is experienced at performing strategic store closings and
relocations, fixed asset dispositions, wholesale inventory buyouts and lease
mitigations. To learn more about Hudson Capital Partners, LLC, please visit our
website at www.hudsoncpl.com.