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Prestige Cleaners & US Dry Cleaning Corp	Update Date: 02/11/09
Date Announced: 06/02/08
Value (million $USD): 7.0 million U.S. Dollar

Status: Pending

TRANSACTION DETAILS
Date Announced	06/02/08
Date Originally Announced	06/02/08
Format	Acq. of Assets	Acquisition techniques	Not Applicable
Attitude	Friendly	Agency	n/a
Value	7.0 million U.S. Dollar	Advisor Fees	n/a

SYNOPSIS
US - US Dry Cleaning Corp, a unit of Radvision Ltd, definitively agreed to acquire Prestige Cleaners, a provider of dry cleaning services, for an estimated $7 mil in cash, common stock and notes.

TARGET
Name	Prestige Cleaners
Industries	Drycleaning plants, except rug cleaning; Industrial launderers
City	Scottsdale
State	AZ
Nation	United States
Incorporated in	n/a
Public Status	Private
Business Description	Prestige Cleaners, located in Scottsdale, Arizona, provides dry cleaning services. The company was founded in 1964.
Advisors	NULL
Target Sales	0.8 million U.S. Dollar

ACQUIROR
Name	US Dry Cleaning Corp (Pink Sheet : UDRY)
Industries	Power laundries, family and commercial; Drycleaning plants, except rug cleaning; Industrial launderers
City	Palm Springs
State	CA
Nation	United States
Incorporated in	DE
Public Status	Public
Business Description	US Dry Cleaning Corp, located in Palm Springs, California, provides dry cleaning services. It acquires and operates retail and dry cleaning in Honolulu, Hawaii. It operates solely in domestic market, through video stores, coffee houses, grocery stores, fast food and hotel chains. The company was founded in 2005.
Advisors	NULL
Acquiror Sales	8.4 million U.S. Dollar

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