Preferred Capital BIDCO, Inc. Announces Appointment of Rocco P. Perate to TRISTATE REALTORS® COMMERCIAL ALLIANCE
Wilmington, DE, Preferred Capital BIDCO, Inc. December 12, 2006 - announced that Rocco P. Perate, President and CEO of Preferred Capital BIDCO, Inc. has been appointed to the 2007 board of the TRISTATE REALTORS® COMMERCIAL ALLIANCE (http://www.tristaterca.com) as the only non-commercial real estate practicing member. Mr. Perate, President and CEO of Preferred Capital BIDCO, Inc. stated "it is an honor to be elected by the members of the TriState origination and to be recognized by my peers as someone who is committed to the overall well-being of the real estate industry and community, as well as for my long tenure of service to the group." Mr. Perate is also on the board of the Commercial Industrial Investment Council of Chester County, PA where he has held the position of the group's Treasurer for several years.

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