Mike Lee Resigns from Mazuma Capital Board of Directors to Take his Senate Seat in 2011

DRAPER, Utah Mazuma Capital announced the resignation of newly elected Senator Mike Lee. Senator Lee, who served on the Mazuma Capital Board of Directors, is the youngest elected member of the U.S. Senate and the first new senator Utah has had in 18 years.

Lee made national headlines when he defeated then three-term incumbent Senator Bob Bennett at the Republican convention in May and went on to win the Republican primary and the general election. Senator Lee has been identified as a national leader in the fight to balance the budget and return the federal government to its constitutionally limited role.

"Senator Lee is one of the brilliant minds of our time and I personally believe he's slated and motivated to bring about real change in Washington. His leadership, intellect, and experience have been a strong edition to Mazuma's Board," said Mazuma Capital President and Chief Executive Officer Jared Belnap. "Although we are saddened to lose such a great resource, Mazuma is proud to see Senator Lee serve the people of Utah in Washington," Belnap said.

About Mazuma: Mazuma Capital is committed to our client's and partner's success. Our unique capabilities and innovative product offerings provide solutions accelerating financial growth. Servicing both rising companies and established businesses, Mazuma continues to secure its position as the middle-market industry leader. We build long-term relationships by delivering on our commitments. Mazuma co-authored the Utah Best Practices Alliance and subscribes to the ELFA Code of Fair Business Practices, and the NAELB Ethical Conduct Code.

Media Contact – jfuchs@mazumacapital.com 801-816-0800