CHAPMAN | SPINGOLA
Attorneys at Law

Statement from Robert A. Chapman, counsel for Michael Alter and the Chicago Sky regarding lawsuit filed by Rogers Smith Partnership.

"We are aware of the lawsuit filed last week by an early Chicago Sky investor. The lawsuit is completely meritless. We look forward to defending our case through the appropriate legal channels and believe this matter will be disposed of quickly. This matter will not affect the Sky's operations. Because this is active litigations, neither Mr. Alter nor the Chicago Sky will be commenting further."