LKCM Headwater Investments completes agreement to purchase majority ownership in BearCom

August 15, 2014: Dallas, Texas — BearCom Group, Inc. (“BearCom” or the “Company”) recently announced that it has entered into a partnership with LKCM Headwater Investments (“Headwater”) to recapitalize and continue to grow Bearcom, which has been an industry leader for over 30 years. Headwater is the private investment arm of Luther King Capital Management (“LKCM”), a Fort Worth based investment firm founded in 1979 with approximately $15 billion in assets under management. Each member of the current BearCom executive management team, (Jerry Denham, President and CEO; Brent Bisnar, Executive Vice President; and Jerry Noonan, Chief Financial Officer) are remaining with the Company in their existing leadership roles and retaining equity in the business. Jerry Denham, BearCom President & CEO said, “We are delighted that Headwater is investing in BearCom to help take our business to new levels of growth. Proceeds will be used to provide liquidity for long-time shareholders of BearCom and for growth capital to pursue targeted acquisitions and organic expansion.” According to Denham, BearCom’s selection of LKCM Headwater Investments was due in large part to its long-term commitment to the current management team and maintaining the current operational structure. Denham added that BearCom is excited to add the resources of Headwater to enhance the Company’s ability to serve customers and provide additional opportunities for employees while remaining the nation’s leading wireless equipment dealer and integrator. This partnership follows the most successful quarter in the Company’s history. BearCom anticipates that business partners will see no substantive difference in day-to-day operations and customers will notice no change in the Company’s fundamental go-to-market strategies. Exact terms of the agreement between BearCom and Headwater were not publicly disclosed.

About Bearcom

BearCom provides a broad line of high-performance wireless communications products, services, and complete mobility solutions. Founded in 1981, BearCom is America's only nationwide dealer and integrator of wireless communications equipment, serves customers from 28 branch offices located throughout the U.S., has several affiliated offices around the world, and employs approximately 400 people. BearCom is headquartered in the Dallas, Texas area. To contact BearCom for assistance with Sales, Rentals, or Services, contact BearCom at 800.527.1670.

About LKCM Headwater Investments and Luther King Capital Management

LKCM Headwater Investments is the private investment arm of Luther King Capital Management (“LKCM”), a Fort Worth based investment firm founded in 1979 with approximately $15 billion in assets under management for high net worth individuals, institutional clients, private investment partnerships and mutual funds. LKCM and its affiliates have a long history of successfully investing in and growing distribution companies.