Frank Crivello Announces Successful Bankruptcy Reorganization of CTI Technology, Inc. & CAI Acquisition Company, Inc. and its Renaming as Dover Holding Corporation

Dover Holding Corporation Reorgnizes under Chapter 11 of United States Bankruptcy Code.

Pompano Beach, Florida (PRWEB) July 9, 2005 --January 30, 2003--Frank Crivello, Managing Member and David Marks, Member, Crivello Group, LLC, www.crivello.com, are the principals of Santa Clara Partners, LLC ("SCP"). CTI Technology, Inc. and CAI Acquisition Company, Inc. ("CTI"), public companies filed for Chapter 11 of United States Bankruptcy Court, District of Massachusetts, Western Division. As provided by 11 U.S.C. sec. 1107(a), CTI, the Debtor-in-Possession, contacted prospective buyers and strategic partners, including SCP, regarding the sale of its assets and reorganization of its businesses.

Today, SPC announced that it successfully reorganized CTI pursuant to the First Amended Joint Plan of Reorganization of CTI ("the Plan") and the Order Confirming Debtor's and Creditors' Committee First Amended Joint Plan of Reorganization ("the Order"). On January 29, 2003, the Honorable Henry J. Boroff, United States Bankruptcy Court, District of Massachusetts, Western Division, executed the Order.

CG Managing Member Frank Crivello stated: CTI had electronic contract manufacturing plants in the United States and internationally. Working with the Debtor-in-Possession in this Chapter 11 Bankruptcy Case, we negotiated the Plan. Due to unique cooperation between the Debtor and Creditors, we were able to negotiate a consensual Plan with wide support. Upon confirmation, we renamed CTI Dover Holding Corporation."

Dover President David Marks stated: "We are considering strategic alternatives for Dover."

Frank Crivello, David Marks and SCP were represented by Leonard G. Leverson, Kravit, Gass & Weber, S.C., www.kravitlaw.com in connection with the First Amended Joint Plan of Reorganization of CTI.

About Dover Holding Corp www.doverholding.com:

Dover is a developmental stage company with no active operations.

Safe Harbor Statement Under the Private Securities Litigation Act of 1995 - With the exception of historical information, the matters discussed in this press release are forward-looking statements that involve a number of risks and uncertainties. The actual future results of Dover could differ significantly from those statements. Factors that could cause or contribute to such differences include, but are not limited to assumptions relating to the marine market and that there will be no unanticipated material adverse change in Dover's operations or business.

Contact:

New-School Communications, LLC
Blois Olson,
651-221-1999
www.new-school.com

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