PRESS RELEASE

COOKEVILLE, TN. – April 8, 2004 – Mr. James K. Morton, Chairman, and CEO of LINC Preferred Group, Inc. announced today that former U.S. Congressman Ed Bryant would serve as Chairman of the Business Advisory Group for LINC. LINC Preferred Group is the parent company that will utilize best practice procurement strategies to deliver products and services to a number of focused industry groups. The initial operating division, LINCedge, was introduced in February 2004 to address the needs of the transportation industry.

“Congressman Bryant’s record of tackling big issues and working toward problem resolution is the perfect fit to lead a group of industry professionals assisting LINC’s senior management team as we develop strategies to improve the industry,” said Morton.

Bryant holds Bachelor of Arts and Juris Doctor degrees from the University of Mississippi. Previously, he taught Military and Constitutional law at the U.S. Military Academy at West Point, practiced law with the firm Waldrop and Hall in Jackson and was U.S. Attorney for the Western District of Tennessee under a Presidential appointment. Bryant served as a U.S. Congressman for the 7th District of Tennessee from 1995 to 2003 and was a member of the Judiciary, Agriculture and Energy and Commerce committees. He also served as House Manager for the Senate impeachment trial of President Bill Clinton. Currently, he is a partner in Baker, Donelson, Bearman, Caldwell & Berkowitz, one of the 200 largest law firms in the United States.

“The transportation industry is a vital segment of the U. S. Economy. I look forward to participating in the improvement process for the entire system. Not only our company customers, the small and medium trucking companies, but suppliers to the industry as well as customers served by the industry,” said Bryant.

LINC’s senior management team includes Mr. Morton, who served as Vice President – Worldwide Operations for Fleetguard Inc., a subsidiary of Cummins Engine and President – Separation Technologies, a specialty filtration company. Russ Bunio serves as LINC’s President and COO. Mr. Bunio held the position of Vice President and General Manager Supply Management& Procurement for the Boeing Company, retiring 6/1/2000. Prior to that, he served as Vice President and Chief Procurement Officer for Cummins for nine years and worked in various high level material positions with General Motors for nineteen years. Also on the senior management team is Terrence R. Wilson, Executive Vice President, and Chief Customer Officer. His previous experience includes President/CEO of Morgan Corporation, the leading producer of truck bodies in the industry. He also served as President/COO of Magnatech International and various senior level positions with Teledyne, Inc.