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Current Capital Announces Another Valuable Addition to Its Advisory Board

NEW YORK, March 7, 2013 (GLOBE NEWSWIRE) -- Current Capital LLC ("Current Capital"), a private equity investment and portfolio company management firm focused on middle market and smaller companies in the industrial and businesses services industries, announced that Arthur Huge, an experienced senior executive with particular experience in driving profitable growth in challenging markets, has joined its Advisory Board. The addition of Mr. Huge brings the total number of Current Capital's Advisory Board members to fourteen.

Arthur Huge most recently was President and Chief Executive of Menasha Corporation after having served as the company's Vice President and Chief Financial Officer. He played a key role in restructuring the company to focus on its growth businesses. As Executive Vice President and Chief Financial Officer of Walter Industries and LTV Corporation, Huge helped complete recapitalizations and position both companies for success. He was previously with Bethlehem Steel in finance and engineering positions.

Current Capital's Advisory Board includes current and former executives who participate in the firm's private equity and portfolio company management businesses by helping to source and execute private equity investment and portfolio company management opportunities.

Jonathan F. Foster, Founder and Managing Director of Current Capital, said, "Art is another valuable addition to our Advisory Board. In particular, he can be helpful in our portfolio company management business. We appreciate all that the Advisory Board does for our firm."

About Current Capital LLC

Current Capital LLC (www.currentcap.com) is a private equity and portfolio company management firm comprised of operating executives and investment professionals that helps create value, primarily in middle market and smaller companies in the industrial and business services industries. The firm brings an integrated operating, finance and investment approach to two large sectors, industrials and business services, where it has extensive experience, relationships and perspectives. In addition to its private equity investment business, Current Capital's portfolio company management services include managing portfolio companies and "orphan assets" for other investors, serving on Boards of Directors and doing expert witness work in corporate litigation.

CONTACT: Melissa Daly MFD Communications 646-322-9192 melissa@mfdcommunications.comSource:Current Capital LLC