Camelot Acquires Controlling Interest in Lens1st

Livonia , MI, June 10 , 2001 - Camelot Ventures, a Southfield, Michigan based investment firm announced the acquisition of Lens1st, a leading direct to consumer contact lens replacement company. Lens1st, had been previously owned by K&D Distributors of Toledo, Ohio.

"We're very excited about acquiring Lens1st and look to aggressively grow the company" said David Katzman, Managing Partner of Camelot Ventures. "Lens1st is a perfect fit for our profile of investing in companies that leverage our business expertise." Mr. Katzman will serve as the company's Chairman.

Lens1st was originally founded in 1990 by David Katzman and quickly became one of the nation's largest contact lens replacement companies. In 1998, the company was sold to K&D Distributors after the Home Depot acquired Mr. Katzman's other consumer - direct companies. Consumers calling Lens1st's toll free number (1-888-Lens1st) or going to their website ( will find a quick and convenient way to buy their replacement contact lenses.

About Camelot Ventures
Camelot Ventures is a Michigan-based private investment group comprised of entrepreneurs and executives who enjoy unparalleled success in their respective businesses, adding unique value to the companies they invest or acquire. Many of its principals are accomplished Presidents and CEOs, including David Katzman, former President of Home Depot S.O.C., and Dan Gilbert, CEO of Quicken Loans. Camelot's goal is to assist in building upon the vision and to help strengthen the position within the marketplace of the companies in which it invests or acquires. Camelot Ventures focuses on industries in customer relationship management (CRM), call center, catalog, traditional or direct marketing applications, retail, electronic or financial services sectors.

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