NEW YORK, July 27, 2004 (PRIMEZONE) -- Sichenzia Ross Friedman Ference LLP has been ranked first in the nation in representing issuers in PIPEs transactions for the six-month period ended June 30, 2004. The ranking was measured by the number of placements advised. According to The PIPEs Report and Privateraise.com, Sichenzia Ross Friedman Ference LLP has advised its issuer clients on 14 placements through June 30, 2004 with a total of $40.4 million having been raised in these transactions. The rankings include only PIPE transactions that have a value of at least $1.0 million.
During 2004, Sichenzia Ross Friedman Ference LLP has represented its issuer clients in numerous PIPE transactions, including the following:
1/9/2004 eMagin Corporation $4.2 million
1/19/2004 Global Axcess Corp. $2.5 million
1/29/2004 Global Axcess Corp. $3.5 million
1/30/2004 Geopharma, Inc. $5.0 million
2/1/2004 Tissera, Inc. $2.2 million
2/4/2004 Molecular Diagnostics, Inc. $1.7 million
2/10/2004 Geopharma, Inc. $5.0 million
2/12/2004 QT5, Inc. $1.0 million
3/5/2004 Geopharma, Inc. $5.0 million
3/18/2004 Radix Marine, Inc. $3.3 million
3/18/2004 Tissera, Inc. $5.5 million
3/24/2004 Powerlinx, Inc. $1.8 million
4/2/2004 Cedric Kushner Promotions, Inc. $1.7 million
4/4/2004 Argentex Mining Corp. $2.0 million
4/22/2004 Vertex Interactive, Inc. $3.0 million
5/19/2004 Smartire Systems, Inc. $1.5 million
5/20/2004 AdZone Research, Inc. $1.85 million
5/27/2004 Commonwealth Biotechnologies Corp. $2.5 million
5/27/2004 Vertical Health Solutions, Inc. $4.0 million
6/3/2004 Zynex Medical Holdings, Inc. $1.2 million
6/7/2004 Secured Digital Applications, Inc. $7.0 million
6/8/2004 Pacific Entertainment Holdings $2.0 million
6/8/2004 Molecular Diagnostic, Inc. $2.5 million
6/16/2004 SyndicationNet.com, Inc. $2.2 million
6/18/2004 Stronghold Technologies, Inc. $3.0 million
6/28/2004 Ventures-National, Inc. (d/b/a Titan
General Holdings) $2.25 million
For more information about PIPE rankings, go to www.privateraise.com.
About Sichenzia Ross Friedman Ference LLP
Sichenzia Ross Friedman Ference LLP provides experienced professional representation in all matters involving the securities industry as well as general corporate and litigation matters. Traditionally, our clients include private and public corporations, partnerships, broker/dealers, bank-affiliated broker/dealers, investment advisers, and registered personnel, public and corporate customers and investors, partnerships and other entities. Our areas of practice include corporate and commercial transactions, securities litigation and arbitration, public and private offerings, commercial and business litigation, administrative practice before regulatory agencies, mergers and acquisitions and broker-dealer regulation. For additional information about Sichenzia Ross Friedman Ference LLP, go to www.srffllp.com.
For more information about Sichenzia Ross Friedman Ference's nationally ranked PIPEs practice, please contact: Gregory Sichenzia, Esq., Richard A. Friedman, Esq. or Thomas A. Rose, Esq., Members of the firm's Corporate Finance Group, at 212.930.9700.