Sichenzia Ross Friedman Ference LLP Ranked First in the Nation in PIPEs Transactions

New York City – July 27, 2004 – 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, 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 million

2/1/2004
Tissera, Inc.
$2.2 million

2/4/2004
Molecular Diagnostics, Inc.
$1.7 million

2/10/2004
Geopharma, Inc.
$5 million

2/12/2004
QT5, Inc.
$1 million

3/5/2004
Geopharma, Inc.
$5 million

3/18/2004
Radix Marine, Inc.
$3.3 million

3/18/2004
Tissera, Inc.
$5.5 million

3/24/2004
Powerlinx, Inc.
$1.825 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
Smartire Systems, Inc.
$1.5 million

5/20/2004
AdZone Research, Inc.
$1.85 million

5/27/2004
Vertical Health Solutions, Inc.
$4.0 million

6/3/2004
Zynex Medical Holdings, Inc.
$1.2million

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

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