Boise-based Business Successfully Raises Capital for Growth

--Lucky Bums Inc. Closes on $371,000 in Six Months --

Boise, Idaho, August 20, 2007 – Lucky Bums, Inc., a Boise-based manufacturer of children’s skiing and snowboarding safety equipment, has successfully closed on $371,000 in outside investment into the company.

The Streeter’s have created an affordable line of high-quality children’s ski gear that shortens the learning curve and lengthens the opportunities for family enjoyment. With the Lucky Bums line currently available online and in retail stores like REI, Dick’s Sporting Goods and The Sports Authority, the Streeter’s will utilize this investment to invest in sales and marketing efforts to expand the business through 2008 and effectively compete in the sporting goods industry alongside much larger equipment manufacturers.

“Receiving this equity infusion is incredibly important to our company. It’s gratifying to have the confidence and support of outside investors,” said Jeff Streeter, who founded Lucky Bums in 2003 with his wife Julie to make children’s outdoor equipment that compares to the craftsmanship and technology found in adult gear. “Our goal is to become the experts in technical gear for active kids.”

Lucky Bums has been assisted by The C&H Group in a strategic advisory capacity since April, 2007. 

About Lucky Bums: Lucky Bums, Inc. based in Boise, Idaho, is a manufacturer of kids’ skiing and snowboarding gear with an established sales network in North America. Visit http://www.luckybums.com for corporate and product information.

About The C&H Group: The C&H Group is a Boise, Idaho-based M&A advisory firm serving privately-held companies in the Intermountain West. C&H brokers both business buy and sell transactions, including mergers, acquisitions, joint ventures, inside transfers and divestitures that maximize value to the client, and offers transition consulting to family owned businesses. For more information visit www.thechgroup.biz; email to: info@thechgroup.biz, 208-853-0991.