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Skinit, Inc. Secures $12.0 Million in Debt Financing

Skinit's Continued Success Attracts Additional Support from the Finance Community

Skinit, the leader in on-demand personalization of electronic devices, and home and automobile products, today announced the closing of $12 million in debt financing from BlueCrest Capital Finance, L.P. The funds will be used to expand Skinit's current initiatives for delivering personalization capabilities to consumers and support the company's continued growth. "We are very pleased to have BlueCrest as a partner at this exciting time for our company," said Bob King, Chief Executive Officer of Skinit. "BlueCrest worked closely with us to find a financing solution that meets our needs and allows us to accelerate our growth strategy." The growth strategy includes expansion of Skinit's fully branded ecommerce partner sites and promotional landing pages, as well as wholesale, retail and B2B solutions. Skinit will continue to expand partnerships with the top 500 retailers, ecommerce sites and leading manufacturers to increase sales, branding, and customer attachment. Skinit already features an extensive library of licensed artwork from some of the most prominent brands in sports and entertainment including NFL skins, MLB skins, major colleges and universities, Disney, as well as original Skinit designs and works from independent artists. "We are excited to partner with Skinit. Our decision to make a significant investment in Skinit was driven by the quality of its management team, the depth of company's product offering and its technology," said Farhaan Hassan, Managing Director of BlueCrest Capital Finance. "We look forward to supporting the company's continued success." About Skinit, Inc. Skinit, Inc. is the industry leader in On-Demand Personalization Technology including the manufacture and distribution of customized products for electronic devices. Skinit's online ordering and customization tools allow consumers to create branded, designed, and personalized electronic device covers, or skins, using high quality 3M products. Skinit offers B2B On-Demand Personalization Platforms as complete turn-key or stand-alone hosted software and service solutions. Products are available on Skinit. For information on BlueCrest Capital, please visit www.bluecrestcapitalfinance.com

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