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BlueCrest Capital Finance Supplies $2 Million in Debt Financing to ImageTree Corp.

CHICAGO, July 17, 2007 — BlueCrest Capital Finance, L.P. recently provided $2 million in new debt financing to ImageTree Corporation™, the leader in forest inventory and management systems using advanced imaging technology. “The BlueCrest team clearly understands the growth opportunities that characterize our industry,” said Mark A. Redlus, Chief Executive Officer of ImageTree. “With agriculture and timberland gaining increased visibility as an asset class, BlueCrest’s financing will help ImageTree to continue to expand its role as the forest inventory and analysis leader.” Based in Morgantown, WV, ImageTree provides data and analytical tools for forest management by leveraging the technologies of global positioning and remote sensing while integrating probabilistic sampling. This unique platform is used to determine asset value, establish forest management and conservation objectives, and set harvesting schedules. “ImageTree merges software development capabilities with its imaging and forest industry expertise resulting in systems for forestland management that uniquely provide unprecedented detail, accuracy and consistency now required by the industry,” said Bill DeMars, Senior Managing Director of BlueCrest Capital Finance. “ImageTree’s integrated forest information provides a timely portrait of an entire forest that is more precise and ultimately less costly than existing methods.”

About ImageTree
ImageTree is a leading provider of integrated information and analysis for large-scale forest investors and managers. Through global-positioning technology, LiDAR, and digital aerial imagery, ImageTree provides advanced stand-level data for precision silvicultural and inventory management. For more information, visit www.imagetreecorp.com.

About BlueCrest Capital Finance, L.P.
BlueCrest Capital Finance, L.P., a U.S.–based commercial finance company, provides debt financing solutions to development stage companies in a broad range of industry sectors including IT, Communications, Hardware, Software, Semi–Conductor, Electronics, Energy, Medical Device and Life Science. The team, which has been together continuously since 1998, pursues debt transactions in the $1–25 million range and has consummated approximately 750 transactions with total commitments in excess of $1.5 billion.