W. Y. Campbell & Company Announces the Sale of Tractech Holdings, Inc. to Eaton Corporation

Detroit, Michigan – W. Y. Campbell & Company announce the sale of Tractech Holdings, Inc., a portfolio company of Edgewater Capital Partners, L.P. to Eaton Corporation. W. Y. Campbell & Company acted as the exclusive investment banking advisor to Edgewater Capital Partners, L.P. and Tractech in managing this sale process.

Tractech Holdings, Inc. is a global manufacturer of specialized traction adding differentials and clutch assemblies sold to the original equipment and aftermarket segments of the transportation market. Tractech’s traction adding differentials provide torque to the vehicle’s drive axles and are used for performance racing, military, construction, specialty vehicle and light and medium duty truck applications.

Tractech’s traction differential products are marketed under several brands, including NoSpin®, Suretrac™, Truetrac™ and Detroit Locker®. Tractech’s Detroit Locker® brand is considered the premier name in performance racing as Tractech is the only sanctioned supplier of differentials used for NASCAR racing. Tractech’s clutch assemblies are sold to a diverse customer base that includes Ingersoll-Rand and Carrier. Other notable customers of Tractech include Dana, Caterpillar, General Dynamics and ArvinMeritor. Tractech operates from tow facilities in Madison Heights, Michigan and Sligo, Ireland.

Edgewater Capital Partners, L.P. is a Cleveland based private equity investment firm focused on the acquisition of middle market companies. Since inception, Edgewater has completed over 30 transactions ranging in size from $15 million $150 million in revenues.

Eaton Corporation is an industrial manufacturer that is a global leader in electrical systems and components for power quality, distribution and control; fluid power systems and services for industrial, mobile and aircraft equipment; intelligent truck drivetrain systems for safety and fuel economy, automotive engine air management systems, powertrain solutions and specialty controls for performance fuel economy and safety. Eaton is publicly traded on the New York Stock Exchange.

W. Y. Campbell & Company is one of the nation’s leading specialty investment banking firms concentrating on middle-market merger advisory services. W. Y. Campbell & Company maintains offices in Detroit, Michigan and Los Angeles, California.

August 25, 2005