Cincinnati, Ohio, May 17, 2006: The ChemQuest Group, Inc. and ChemInvest GmbH are pleased to announce a marketing alliance of their two highly successful consulting practices.

The alliance will combine ChemQuest Group's knowledge of the paint and coatings industries with ChemInvest's knowledge of strategic transaction needs of global businesses in the chemical industry and related sectors (e.g. plastics, paints and packaging, and equipment manufacturers).  Through the alliance, both parties will provide strategic merger, acquisition, and disposal and related corporate finance services on a worldwide base.

The companies will share their strengths in assisting clients with business valuation, identification of prospective buyers or targets and discreet clarification of the buyers' or sellers' willingness to enter into transactions.

"This relationship connects two organizations with its international network of experts' unmatched knowledge about cross border strategic alliances and M&A transactions.  ChemInvest's access to strategic buyers, merger candidates and financial resources is perfectly complementary to ChemQuest Group's global market positioning in the adhesives, sealants and coatings industries. We will be able to provide our clients a full and complete picture of M&A from one team of professionals" according to Daniel S. Murad, President and CEO of The ChemQuest Group, Inc. 

Adds Dr. Michael R. C. Gerstenberger, Managing Director of ChemInvest:  "Today, M&A Business inevitably is a cross border endeavor.  Important synergy potentials are buried in companies doing business globally, which particularly applies to the background and purposes of chemical industry (including paints, adhesives machinery...). Hence, respective consulting services have to be offered on a worldwide scale.  This is why we are particularly glad having managed to establish this really noteworthy alliance between ChemQuest and ChemInvest."

Established in 1999, ChemInvest GmbH is a leading German M&A Advisory firm headquartered in Walldorf, Germany.  The company's primary strengths are the firm's senior managing and affiliated partners, all of whom have held positions in the upper management of international chemical industries.  ChemInvest boasts with unrivaled research capabilities, which allow for obtaining a comprehensive and detailed picture of any selected market or industry segment, its principal players, publications, individuals, driving forces, etc., thus providing a sound analytical basis for any intended global M&A transaction.  For more information visit ChemInvest GmbH at www.chem-invest.com

The ChemQuest Group, Inc. is an international strategic management consulting firm specializing in the Coatings, Adhesives & Sealants, and Automotive Industries. With headquarters in Cincinnati, Ohio, ChemQuest has offices located throughout North America, Europe and Asia.