Cyprium Partners Invests $15 Million in QPM Aerospace

Cleveland, OH – January 16, 2008 – Key Principal Partners® (“KPP”), a $1 billion private equity and mezzanine firm which makes both non-control and control investments in growing middle-market companies, announced a $15 million subordinated debt with warrants investment in QPM Aerospace, Inc. (“QPM”) to support the company’s growth strategy, facilitate a dividend recapitalization and repay senior debt.

Headquartered in Bellevue, WA, QPM is a leading designer and manufacturer of precision machined parts for the aerospace industry. QPM supplies parts to the world’s largest commercial aerospace OEM’s, including Boeing, Airbus and Bombardier among others, as well as military programs and regional jet manufacturers.

“Growth capital investments directly with management teams is what we do best and an investment in a high quality growth company led by Mike Dunlop and his management team represents an attractive opportunity for any investor,” said Tim Fay, Managing Partner at KPP. “We were particularly attracted to QPM’s position within this high growth industry and Mr. Dunlop’s unique perspective of where he intends to lead his company.”

“The junior capital that has been provided by KPP will act as a catalyst for significant additional growth for QPM,” said Mike Dunlop, CEO of QPM. “It allows us to take on numerous new opportunities that would not have been possible using internally generated cash flow and senior debt.”

About Key Principal Partners

Key Principal Partners (KPP) is a $1 billion private equity and mezzanine firm that provides expansion capital to profitable middle-market companies with at least $30 million in revenue. The firm has the flexibility to provide any combination of subordinated debt, preferred equity and/or common equity in either non-control (minority ownership) or control (majority ownership) positions. KPP can invest between $7 million and $40 million to facilitate the growth, acquisition, refinancing or liquidity needs of private company owners and their management teams. Affiliated with KeyCorp, KPP is headquartered in Cleveland, and has additional offices in Greenwich, San Francisco, Richmond and Shanghai.

About KeyCorp

Cleveland-based KeyCorp is one of the nation’s largest bank-based financial services companies, with assets of approximately $97 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally. For more information, visit www.Key.com.