 MG Capital Management, Ltd. together with Percy Rockdale LLC, the nominating stockholder, and its affiliates, MG Capital or we, today announced that Egan-Jones Proxy Services Egan-Jones, a leading independent proxy advisory firm, has endorsed its case for wholesale change at HC2 Holdings, Inc. NYSE: HCHC HC2 or the Company. Egan-Jones recommends that stockholders vote to CONSENT to all actions on the GREEN Consent card, including the election of all six of MG Capitals highly-qualified and independent nominees George Brokaw, Kenneth Courtis, Michael Gorzynski, Robin Greenwood, Liesl Hickey and Jay Newman to HC2s Board of Directors the Board. Egan-Jones endorsement to remove each and every individual on the Board comes just hours after Glass, Lewis Co., LLC Glass Lewis announced its unanimous support of our entire slate, in addition to support for our case for change from Institutional Shareholder Services Inc. ISS last week. 