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Sichenzia Ross Friedman Ference LLP Welcomes Jay M. Kaplowitz and Arthur S. Marcus Formerly of Gersten Savage

NEW YORK, NY -- (Marketwire) -- 09/18/12 -- Jay M. Kaplowitz, a founder of Gersten Savage LLP in 1977, and Arthur S. Marcus, a partner at Gersten Savage LLP since 1991, are joining the corporate and securities practice of Sichenzia Ross Friedman Ference LLP ("SRFF") as partners. These additions bring two of the most respected attorneys that represent small and mid-sized corporate and individual clients to SRFF's active and dynamic securities practice in New York and add even more depth and experience to one of the most productive corporate finance practice groups in the United States.

The SRFF practice, as well as Mr. Kaplowitz' and Mr. Marcus' practices, have long focused on the needs of public companies, hedge funds, institutional investors, money managers, high net worth individuals, underwriters, placement agents and broker-dealers. Both practices have a well-established prominence in PIPES, venture capital, reverse mergers, public offerings and general corporate and securities law compliance. The addition of Jay and Arthur brings the total number of attorneys in the SRFF corporate finance practice group to 27 lawyers and the total number of lawyers firm wide to 38. SRFF's practice groups include Corporate and Securities Law, Business and Arbitration Litigation Broker Dealer Regulation, Emerging Markets and Sports and Entertainment Law.

"We have known and respected Jay and Arthur for many years. Their reputations and experience are impeccable. We are very fortunate to have them join forces with us. The combination of their practice with ours allows us to continue leading in business counseling and securities transactions and has further expanded our market share," said Richard Friedman, managing partner of the firm. "Their addition solidifies SRFF's position as an industry leader and demonstrates our tradition of growth by careful additions of individual practitioners and cohesive practice groups that share our collegial and entrepreneurial spirit, and a dedication to quality of service."

Mr. Kaplowitz stated, "We are excited to be joining forces with SRFF. We expect to continue to serve our clients' needs in the same high quality manner as we have served them in the past. In addition, we believe that by joining forces we can add depth to SRFF and provide additional opportunities to our clients at the same time."

Mr. Kaplowitz and Mr. Marcus advise small and mid-sized companies on corporate finance, SEC disclosure matters, corporate governance, and private and public offerings, including equity offerings, high-yield, and convertible offerings. They bring additional expertise in the areas of "SPAC" offerings, and reverse merger transactions, as well as multiple contacts with broker-dealers, regulators and venture capital firms.

About SRFF -

Sichenzia Ross Friedman Ference LLP provides experienced, professional representation for all matters involving the securities industry, as well as general corporate and litigation matters. SRFF's clients include private and public corporations (from start-ups to NYSE-listed companies), partnerships, broker-dealers, investment advisors, individual corporate investors, partnerships and other entities. SRFF also advises institutional investors on transactions involving complex securities law considerations. SRFF regularly advises clients regarding corporate and commercial transactions, including public offerings, reverse mergers, private investments in public equity (PIPEs), registered direct offerings, private placements, as well as mergers and acquisitions, and general commercial and securities litigation. SRFF is recognized nationally for innovation, entrepreneurship and legal excellence in public company representations. For more information about the Firm, please visit www.srff.com.

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