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NewStar Financial Supports a Leveraged Buyout By Roark Capital Group

Roark Capital Group acquires a majority interest in CyberCore Technologies

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Boston, MA, March 28, 2007 – NewStar Financial, Inc. (NASDAQ: NEWS), a Boston-based specialty finance company, announces that it has provided senior financing to support the acquisition of CyberCore Technologies, LLC ("CyberCore") by Roark Capital. Roark Capital is an Atlanta-based private equity firm that acquires majority positions in franchise, direct marketing, financial services, niche manufacturing and service businesses. NewStar was the Lead Arranger for the senior credit facilities. Dan Lonergan, Partner at Roark Capital said, "We are pleased to have a supportive lending partner involved in this transaction. This was a great example of NewStar's flexible approach and ability to quickly execute a financing."CyberCore is a complete life cycle IT provider offering a "cradle to grave" suite of turnkey services including supply-chain management, architectural design, equipment configuration and installation, system integration, networking, managed services and equipment decommissioning and re-disposition. CyberCore primarily serves the Federal government and has built strong relationships with numerous major intelligence and defense related agencies including the Department of Defense and Department of Homeland Security."NewStar is excited to be backing CyberCore's outstanding management team and we look forward to maintaining our strong relationship with Roark" said Bob Kosian, Managing Director at NewStar. "CyberCore has established itself as a mission-critical IT partner with its clients and has significant momentum due to its proven reputation. The company has tremendous growth prospects and we look forward to supporting their future capital needs."NewStar's deal team included Bob Kosian, Rob Hornstein, Peter Nightingale, Jeff Greene and Dipen Patel. About NewStar Financial, Inc.:
NewStar Financial is a specialized commercial finance company focused exclusively on meeting the complex financing needs of customers in the middle market through our corporate, commercial real estate, and structured products groups. Our senior banking teams call directly on customers to provide advice and finance a range of strategic transactions that may require some combination of senior secured, second lien and mezzanine financing. NewStar typically works with customers with financing needs of up to $150 million and cash flow as low as $5
million. We target 'hold' positions of up to $35 million, but may also underwrite or arrange transactions up to $100 million for syndications to other lenders.
We are headquartered in Boston MA, with regional offices in Darien CT, Chicago IL, San Francisco CA, San Diego CA, and Charleston SC. In December of 2006, NewStar completed an Initial Public Offering. The Company's shares trade on the NASDAQ under the ticker symbol, NEWS. Please visit our website at www.newstarfin.com for more detailed transaction and contact information. About NewStar Financial, Inc.:

NewStar Financial is a specialized commercial finance company focused exclusively on meeting the complex financing needs of customers in the middle market through our corporate, commercial real estate, and structured products groups. Our senior banking teams call directly on customers to provide advice and finance a range of strategic transactions that may require some combination of senior secured, second lien and mezzanine financing. NewStar typically works with customers with financing needs of up to $150 million and cash flow as low as $5 million. We target 'hold' positions of up to $35 million, but may also underwrite or arrange transactions up to $100 million for syndications to other lenders. We are headquartered in Boston MA, with regional offices in Darien CT, Chicago IL, San Francisco CA, San Diego CA, and Charleston SC. In December of 2006, NewStar completed an Initial Public Offering. The Company's shares trade on the NASDAQ under the ticker symbol, NEWS. Please visit our website at www.newstarfin.com for more detailed transaction and contact information.






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Annie Donnelly
(860) 416-1365



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