Despite the tough economic environment beginning in mid-2008 and continuing into the first quarter of 2009, FocalPoint was able to identify a strong financial partner and help provide the company with capital that will allow Lucky Strike to continue executing its growth strategy in 2009 and beyond.

“Especially in this current environment, finding the right partner who would allow us to continue to grow our business and take advantage of current opportunities was very important for us,” said Steven Foster, CEO and owner of Lucky Strike. “FocalPoint was able to introduce us to a group of active lenders, and we ultimately decided that Praesidian was the right partner for us.”

“We have been looking at Lucky Strike for several years, and we are very pleased to be invested in the business,” said Jason Drattell, Managing Partner at Praesidian. “The Company has successfully established its own niche in retail entertainment and has a creative and accomplished management team with a demonstrated track record of developing and operating premium hospitality, entertainment and food and beverage multi-unit businesses.”

Rajesh Sood, a Managing Director at FocalPoint, added: “Steven and his team have built a unique concept that is well-positioned for future growth. Praesidian saw the value in the business and its growth prospects and was able to provide Lucky Strike with the capital it needed. They were flexible in their approach and sought to find solutions to structuring challenges.”

About Lucky Strike Entertainment 
Lucky Strike Entertainment is the leading operator, and defining brand, of 17 upscale bowling lounges in the United States and Canada. Since opening its first location in Hollywood, CA in 2003, Lucky Strike has successfully established its own niche by creating a unique hybrid of bowling, a cozy artistic atmosphere and comfort food designed for sharing. For more information, visitwww.bowlluckystrike.com.