<b>Paperloop.com Acquires e-Fibre</b>

Paperloop.com acquired e-Fibre.com., the leading online auction site for off-grade and direct pulp substitutes. This new strategic partnership is designed to enhance and expand the services and offerings of both companies.

Paperloop.com is a recently created joint venture between Miller Freeman, Inc. and Pegasus Capital Advisors, L.P. that the assets of both companies to finance, develop and deliver a comprehensive set of products and services across multiple mediums including the Internet, print, conferences and trade shows.

Built upon the breadth and depth of Miller Freeman's extensive content, contacts, and conference resources - including Pulp & Paper and Pulp and Paper International magazines -- paperloop delivers timely information to site visitors, publications readers and event participants, enabling them to make better informed buying decisions.

E-Fibre.com is a successful online auction site dedicated to providing a fast, logical, easy to use and secure method for pulp producers to move off-grade pulp to market in a dynamic pricing environment. By using e-Fibre.com, sellers have the opportunity to realize the highest price the market will bear at a very low cost. However, the company is not limited to off-grade pulp. All types of pulp and high-grade pulp substitutes can be offered for sale, including damaged pulp or paper.