CHICAGO and HOUSTON, July 29 /EMWNews/ -- 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

     [email protected]