KBL Healthcare Acquisition Corp. II Shareholder Information (As of 1/23/2007) Ticker Stock OTCBB: KBLH.OB Warrant OTCBB: KBLHW.OB Founded December 9, 2004 Initial Public Offering April 27, 2005 Recent Common Stock Price $5.62 52-Week Range $5.26-$5.64 Common Shares Outstanding 11.2 million Market Capitalization $62.9 million | | COMPANY PROFILE In September 2006, privately held Summer Infant, Inc. signed a definitive agreement to combine with KBL Healthcare Acquisition Corp. II, a publicly-traded Specified Purpose Acquisition Corporation. Following consummation of the acquisition, expected in late February or early March, Summer Infant’s current management team will lead the merged company, KBLH will be renamed Summer Infant, Inc., and it will apply for NASDAQ listing. Based in North Smithfield, Rhode Island, Summer Infant is a designer, marketer and distributor of branded durable juvenile health, safety and wellness products (for ages 0-3 years) which are sold principally to large U.S. retailers. Summer currently has over 60 proprietary products, including monitors, gates, portable baths, bed rails, seats, bouncers, and other baby care products. Products are targeted to the upper middle-market consumer and are produced using contract manufacturers in China and the U.S. By outsourcing production, Summer has been able to sustain rapid growth with minimal investment in manufacturing assets. INVESTMENT HIGHLIGHTS • Simple, scalable design and marketing business with rapidly growing sales and profits and good visibility • Increasing market share due to: Ø Innovative designs Ø Superior product quality, strong value proposition Ø New product introductions • Strong relationships with major retailers • Experienced, proven management team • Both organic product extension and acquisition-based growth opportunities available • Enhanced financial position |
