"We continue to work with our portfolio companies and their management teams to seek to strengthen performance and uncover potential growth opportunities and monetizations," said Michael Tokarz, Chairman and Portfolio Manager. "Our work over the years in advising our portfolio companies has paved the way for distribution opportunities like that of Summit’s, whose financial health supported a dividend to MVC that has allowed the Company to earn 24% more in total operating income in the first six months of fiscal 2012 than in the entire fiscal 2011 year.”As of April 30, 2012, the Company had 34 investments across 27 industries with approximately 79% of our portfolio comprised of equity investments and approximately 21% comprised of debt and yielding investments. Subsequent to the quarter-end, the Company through MVC Partners and MVCFS contributed approximately $1.9 million to the MVC Private Equity Fund L.P., which made an investment in Focus Pointe Global Holdings, Inc., a leading provider of marketing research data collection. To date, MVC Capital has invested approximately $8.2 million into the MVC Private Equity Fund, L.P. Additionally, as previously announced on June 8, 2012, the Company invested $1.5 million in Biovation Holdings Inc, a manufacturer and marketer of environmentally friendly, organic and sustainable laminate materials and composites. MVC-G About MVC Capital, Inc. MVC is a business development company traded on the New York Stock Exchange that provides long-term debt and equity investment capital to fund growth, acquisitions and recapitalizations of companies in a variety of industries. For additional information about MVC, please visit the MVC's website at www.mvccapital.com. For MVC's investor relations, please call 914-510-9400. All media inquiries should be directed to Nathaniel Garnick at 212-687-8080. Forward-Looking Statements The information contained in this press release contains forward-looking statements. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. Certain factors could cause actual results and conditions to differ materially from those projected in these forward-looking statements, and these factors are enumerated in the company's periodic filings with the Securities and Exchange Commission.