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HighBank Advises BaySaver Technologies on Obtaining Senior Debt Financing from PeoplesBank

November 1, 2012

HighBank Advisors (“HighBank”), a Baltimore, Maryland based middle market investment bank, announces that it was the exclusive financial advisor to BaySaver Technologies (the “Company”) on obtaining senior debt financing from PeoplesBank, a Codorus Valley Company. Terms of the transaction were not disclosed.

BaySaver Technologies is one of the world’s leading providers of stormwater treatment solutions, offering system design, technical advice, education, and products that separate and filter pollution from stormwater.

“HighBank provided superior advice and guidance throughout the process in a challenging financing market” said CEO Tom Pank.

Stephen Gaines, Managing Director, at HighBank stated “I have known Tom for many years and watched BaySaver Technologies develop innovative industry leading technologies. HighBank was elated to advise the company on all aspects of their debt refinancing.”

Contact:

Stephen Gaines
HighBank Advisors LLC
443.478.1970
sgaines@highbank.com
www.highbank.com

Mark Waters
HighBank Advisors LLC
443.478.1971
mwaters@highbank.com
www.highbank.com

About BaySaver Technologies

BaySaver Technologies is one of the world’s leading providers of stormwater treatment solutions, offering system design, technical advice, education, and products that separate and filter pollution from stormwater. BaySeparator™ and BayFilter™ are flagship products providing the best value per treated CFS in the industry. BaySaver is committed to providing highly efficient technology – with cost-effective long term maintainability. BaySaver Technologies® assists in the compliance of all federally mandated regulations set by Phases I and II of the Clean Water Act, where municipalities are required to remove pollutants such as trash, oils, and sediments from stormwater. For more information, visit www.baysaver.com.

About HighBank Advisors LLC

HighBank is a Baltimore-based full service mid-market investment bank and financial advisory firm. The firm provides advice on mergers and acquisitions, raising capital, exit and transaction planning, business valuations, fairness and solvency opinions, loan workouts and debt restructurings, and distressed asset sales. HighBank was formed on a mission that our clients and our people deserve to have their highest expectations met and to receive higher value for their investments of money and time. For more information, visit www.highbank.com.

All investment banking services are provided by HighBank Securities LLC (“HBS”), a registered broker-dealer and member of FINRA www.finra.org and SIPC www.sipc.org. HBS is a wholly-owned subsidiary of HighBank Advisors.