Accessing Capital Through PIPEs Focus of Los Angeles Venture Association October 10, 2006 Panel.

LOS ANGELES -- Accessing capital through PIPE (Private Investment in Public Equity) transactions is the focus of the Los Angeles Venture Association's (LAVA) October 10, 2006 breakfast meeting set for the Regency Club, 10900 Wilshire Blvd., 17th Floor, in Westwood between 7 a.m. and 9 a.m.

In the first 8 months of this year, companies raised $9.2 billion in 856 transactions in the US alone, suggesting that 2006 may be a record year for the PIPE market, according to Nevena Orbach, President of The Orbach Company, Inc., member of the LAVA Board of Directors and Program Co-Chair. "PIPEs have become main stream with companies, from large cap to micro cap, finding PIPE financings a more efficient and confidential way of raising capital."

Michael Donahue, Chairman of Corporate Capital Advisors and Of Counsel to Richardson Patel and also Program Co-Chair, added that, "We've assembled a panel that will provide attending C-level execs with access to one of the top PIPE placement agents in the US, two highly-respected PIPE investors and CEOs of companies that have completed PIPE transactions."

The panel will provide an overview of the size of the market and why it has grown; the types of investors interested in PIPEs; how today's deals are priced; the filing process; SEC considerations, aftermarket performance of stocks, and much more.

The discussion will also include PIPEs coupled with reverse mergers, "which have become an attractive financing vehicle for privately-held companies that go public in the process, and will feature a company that recently completed a PIPE/reverse merger transaction," noted Donahue.

In addition to Mr. Donahue, the panel will include: Mr. Christopher "Kit" Jennings, Managing Director of Roth Capital Partners; Mr. Mitch Levine, Founder of Enable Capital Management; Mr. Forbes Burtt of the Laurus Funds; and Mr. George Lintz, Co-Founder & Chief Operating Officer of Sylmar, California-based QPC Lasers, Inc. (OTCBB:QPCI), and Mr. Frank Knuettel, Chief Financial Officer of Marina del Rey, California-based InfoSearch Media, Inc. (OTCBB:ISHM).

Sponsors of the LAVA "Accessing Capital Through PIPEs" breakfast include: Atenga, Inc.; Business Wire; Corporate Capital Advisors; Loeb & Loeb, LLP; Roth Capital Partners, LLC; and Vintage Filings, LLC.

To register for this event please log onto: http://www.lava.org/eventdetails.php?eventid=394, or call 310-450-9544. For more information, visit LAVA's website at www.lava.org.

About The Los Angeles Venture Association:

The Los Angeles Venture Association is the oldest, most successful non-profit organization focused on the financing of companies from startup to exit. Since 1985 LAVA has been promoting the development and financing of emerging growth and middle market companies by organizing dynamic forums where entrepreneurs and executives actively meet and learn from fellow executives, investors, bankers, financial advisors and other providers of professional services. LAVA's monthly Breakfast Meetings feature exceptional presentations by prominent members of the transactional community.

The organization's annual Investment Capital Conference is the region's prime meeting of capital sources and capital seekers. For over a decade it has been LAVA's annual signature event, attracting CEOs, CFOs and the Who's Who of the investment capital community.

EVENT AT A GLANCE:

WHAT:      Accessing Capital Through PIPEs (Private Investment in
           Public Equity)

HOSTED BY: Los Angeles Venture Association

WHEN:      Tuesday, October 10, 2006, 7 a.m. to 9 a.m.

WHERE:     Regency Club, 10900 Wilshire Blvd., 17th Floor,
           Los Angeles, CA

COST:      Complimentary to LAVA "Annual Members;" Others up to $70.00
           for onsite registration.

Online Registration:  http://www.lava.org/eventdetails.php?eventid=394

For more information: 310-454-9544