Crescendo Partners acquires additional shares of Matrikon



    NEW YORK, Feb. 4 /CNW/ - Crescendo Partners announces that, since being
appointed to the board of directors of Matrikon Inc. ("Matrikon"), TSX:MTK,
Mr. Eric Rosenfeld has acquired ownership and control, directly and
indirectly, of an additional 1,332,168 common shares ("Common Shares") of
Matrikon as at December 12, 2008.
    As at December 5, 2007, Mr. Rosenfeld had acquired ownership or control,
directly and indirectly, of an additional 648,700 Common Shares representing
2.01% of Matrikon through the facilities of the Toronto Stock Exchange ("TSX")
at prices ranging between $2.17 and $2.81 per share. After completion of these
acquisitions of Common Shares, Mr. Rosenfeld beneficially owned or controlled,
directly and indirectly, a total of 3,671,500 Common Shares of Matrikon
(including 13,500 RSU's held directly) through his ownership interests in, and
control of, two limited partnerships: (i) Crescendo Partners II L.P. Series N
(2,896,385 Common Shares); and (ii) Crescendo Partners III L.P. (761,615
Common Shares). As at December 5, 2007, Mr. Rosenfeld owned or controlled,
directly and indirectly, a total of 3,671,500 Common Shares and restricted
share units ("RSUs") of Matrikon, representing 12.07% of the issued and
outstanding Common Shares of Matrikon as at December 5, 2007.
    As at December 12, 2008, Mr. Rosenfeld had acquired ownership or control,
directly and indirectly, of an additional 683,468 Common Shares representing
2.00% of Matrikon through the facilities of the TSX at prices ranging between
$1.66 and $3.15 per share. After completion of these acquisitions of Common
Shares, Mr. Rosenfeld beneficially owned or controlled, directly and
indirectly, a total of owned 4,354,968 Common Shares of Matrikon (including
9,000 RSUs unvested with 4,500 having been converted into 4,868 common shares,
each held directly) through his ownership interests in, and control of, two
limited partnerships: (i) Crescendo Partners II L.P. Series N (3,518,735
Common Shares); and (ii) Crescendo Partners IIII L.P. (822,365 Common Shares).
As at December 12, 2008, Mr. Rosenfeld owned or controlled, directly and
indirectly, a total of 4,354,968 Common Shares and RSUs of Matrikon,
representing 14.07% of the issued and outstanding common shares of Matrikon as
at December 12, 2008.

    This press release is issued pursuant to National Instrument 62-103 -
Early Warning System and Related Issues, which requires a report to be filed
on SEDAR (www.sedar.com) containing additional information with respect to the
foregoing matters.

    %SEDAR: 00016228E




For further information:

For further information: Crescendo Partners, Eric Rosenfeld, (212)
319-7676, email: erosenfeld@crescendopartners.com

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MATRIKON INC.

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