CHICAGO and HOUSTON, July 29 /PRNewswire/ -- Houlihan Smith & Company, Inc. ("Houlihan") acted as exclusive financial advisor and placement agent in arranging a credit facility for its client, Marmion Industries Corporation ("Marmion") (OTC Bulletin Board: MMIO) it was announced today by Charles Botchway, Group Managing Director and Vice Chairman of Houlihan. The credit facility was provided by Boston-based Aquent Financial Services.

"Houlihan has been tremendously instrumental in securing more effective credit lines as well as pursuing ongoing efforts to secure strategic acquisitions that will provide tremendous benefit to the Company's long-term growth and profitability," said Bill Marmion, President of Marmion. "In particular, Sylvester Gbewonyo and his team worked diligently to successfully complete this transaction with the best interests of Marmion at the forefront of all negotiations, which exemplifies the professionalism the Houlihan Smith team continues to display in all facets of our relationship."

Marmion Industries Corporation specializes in explosion-proof heating, ventilation, cooling pressurization, and chemical filtration solutions for mission-critical applications. The Company has garnered a sterling reputation by providing superior equipment and service to customers ranging from refineries in South Texas and Louisiana, to drilling rigs and chemical plants from Saudi Arabia to South America. The Company serves both industrial and commercial clients, and also provides custom fabrication work.

Aquent Financial Services is part of Aquent, a global professional service firm that delivers creative and IT solutions through consulting, outsourcing, and staffing. Established in 1986, Aquent is an innovative industry leader committed to providing unequalled client value, and has helped thousands of companies achieve outstanding business outcomes. Aquent generates annual revenue of more than $400 million and employs thousands of people worldwide.

Houlihan Smith & Company, Inc. ("Houlihan") is a specialized investment banking firm that provides advisory, financing, and valuation services to public and private businesses. Houlihan is a registered broker-dealer and FINRA/SIPC Member. Houlihan understands the time sensitivity of corporate finance, and responds quickly and tenaciously to opportunities.

The Houlihan approach creates corporate finance transactions in which business owners and investors mutually benefit. We have the knowledge, experience and relationships to match buyers and sellers, as well as to match the appropriate financing and capitalization structure to each unique client situation. The Houlihan name is synonymous with professional financial expertise. We provide cost-effective fairness and solvency opinions, as well as valuations for tax and financial reporting to some of the largest NYSE/NASDAQ companies, as well as small, privately held businesses.



     Contact:
     Rebecca Carriere
     312.499.5903
     rcarriere@houlihan.com

SOURCE Houlihan Smith & Company, Inc.