General DataComm Obtains Financing

The loan was secured by a first mortgage lien on GDC'sheadquarters facility, a 340,000 square foot, four-story office andlight industrial facility on 11+ acres of land located in downtownNaugatuck, CT. The interest-only loan for a term of two years, with aborrower-option for a third year, was provided by Atlas PartnersMortgage Investors with no financial covenants and no third-partyguarantees and is secured by real estate only. The loan proceeds wereprimarily used by GDC to repay and replace an existing senior securedloan, thereby allowing GDC to take advantage of a $1.5 million loanprepayment incentive. In addition, the new mortgage loan's lower debtservice payments will increase available cash flow for GDC'soperations.

Atlas Partners Mortgage Investors, LLC is a real estate lenderthat is collateral focused, providing loans secured by first mortgageson real estate owned by operating businesses. The loans are collateralbased and the underwriting is based on the value of the real estate,with no regard for either the credit or cash flow (or lack thereof) ofthe owning company. It is controlled by Atlas Partners, LLC, whoseregistered slogan is "The real estate department for companies that donot want to be in the real estate business, ... but are "®. Atlasmay be reached at 312-516-5700 or .