Gordon Brothers Group Acquires HUE-HD® Webcam and Other Assets from Clique Communications

Press Release
BOSTON, MA — Gordon Brothers Group, a global advisory, restructuring and investment firm specializing in the retail, consumer products, real estate and industrial sectors, today announced the acquisition of certain assets from Princeton, NJ-based Clique Communications, a developer of innovative solutions for video and mobile communications.

The assets acquired by Gordon Brothers Group included all inventory and URL web domain assets associated with Clique's HUE-HD® webcam business. The HUE-HD® webcam has been prominently featured in Oprah's O magazine, in Time magazine's 2007 Tech Buyer's Guide as "one of the most innovative products" and on Good Morning America.

"We're aggressively developing a new retail distribution program for the webcam product over the next 30 days," said Robert Himmel, Principal and Managing Director, Gordon Brothers Group. "Until now, the product has only been available via Internet sales at outlets such as Amazon.com."

Himmel added that the HUE-HD® webcam has been a fantastic hit, particularly with the college market, because of its easy interface with most every web chat provider including those hosted by Microsoft® and Skype®, as well as its innovative design and cutting-edge technology.

The HUE-HD® webcam can snag high definition-like 1280x1024 video at 10fps, or 1024x768 at 30fps. It also offers a one-touch snapshot function to capture digital photos and noise reduction to record crisp and flawless content. The webcam is extremely portable. The user simply detaches it from the base and plugs it directly into a laptop's USB port. Available in six cool colors, it has a flexible neck that allows for a variety of cam positions.

In addition to the HUE-HD® webcam, Gordon Brothers Group also acquired three website URLs in the transaction — www.cliquevideo.com, www.cliquemart.com and www.huehd.com.

About Gordon Brothers Group
Founded in 1903, Gordon Brothers Group (www.gordonbrothers.com) is a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial, and real estate sectors. Gordon Brothers Group maximizes value for both healthy and distressed companies by purchasing or selling all categories of assets, appraising assets, providing debt financing, making private equity investments, and operating businesses for extended periods. Gordon Brothers Group conducts over $40 billion in transactions and appraisals annually.