CEO News

Technology Veteran Brings Wealth of Management and Technology Consulting Experience to MarketTools

SAN FRANCISCO, July 29 /CEO News Info/ — MarketTools, Inc., the leader in software and services for enterprise feedback management (EFM) and market research, today announced that Rod McGeary has joined its Board of Directors. McGeary brings to MarketTools more than 30 years of executive management experience across a wide range of business environments, including high-growth technology companies and large, global consulting services organizations.

McGeary joins a Board of Directors with notable experience in market research, customer experience, marketing and technology. The company’s investors include Procter & Gamble and well-established private equity firms Oak Hill, InterWest, W Capital, and Ticonderoga.

“Given his outstanding record of success in leading both technology and services businesses both as a senior executive and board member, we are delighted to have Rod join our board,” said Scott Arnold, President and CEO of MarketTools, Inc. “His experience in high growth companies during his 20 years in management and technology consulting will be invaluable as MarketTools continues to grow profitably.”

“MarketTools is well positioned to continue its strong growth and value creation by offering innovative technologies and complementary services that deliver real business value to its customers,” said McGeary. “Having led organizations that delivered impactful business results through technology, I look forward to working with the great team at MarketTools to maximize the company’s potential for success.”

McGeary currently sits on the boards of Cisco Systems, Inc., Dionex Corporation, and National Semiconductor, and he has served as Chairman of the Board of BearingPoint, Inc. McGeary brings extensive operating experience to the MarketTools board including serving as Managing Director of KPMG Consulting LLC, a wholly owned subsidiary of BearingPoint, Inc., Co-Vice Chairman of Consulting of KPMG LLC, and Chief Executive Officer of Brience, Inc., a wireless communications company acquired by Syniverse in 2003. Earlier in his career, he served in several capacities with KPMG LLP, including audit partner for technology clients. McGeary is a certified public accountant and holds a B.S. degree in accounting from Lehigh University.

About MarketTools, Inc.

MarketTools is the leading provider of software and services for Enterprise Feedback Management (EFM) and Market Research. The company is focused on providing leading organizations the actionable customer insights they need to make better business decisions that lead to high-value business impact. As the first company to make online surveys widely available on the Web, MarketTools continues its market-leading position by providing the broadest range of powerful, accurate and integrated customer insight technologies that empower companies to become the most customer-centric organizations in their industries. MarketTools’ premier portfolio of technology-based insight brands includes CustomerSat(TM), MarketTools.com(TM), TrueSample®, Zoomerang®, ZoomPanel® and ZoomPanel Tech(TM).

MarketTools is a privately held company with corporate headquarters in San Francisco and European headquarters in London. For more information, please visit www.markettools.com.

All trademarks are the property of their respective owners.

Source: MarketTools, Inc.

CONTACT: Andy Kill, Airfoil PR for MarketTools, Inc., +1-650-691-7311,
kill@airfoilpr.com

Web Site: http://www.markettools.com/

POMPANO BEACH, Fla., July 29 /CEO News Info/ — Onstream Media Corporation (NASDAQ:ONSM), a leading online service provider of live and on-demand Internet broadcasting, corporate web communications and virtual marketplace technology, will co-host an upcoming webinar, taking place Wednesday, August 4 at 2:00 p.m. EDT, with the Trade Show News Network (TSNN) to reveal the findings of a seminal, joint online survey on what’s driving the rapid adoption and expansion of virtual tradeshows, events and online marketplaces.

Presenters of the webinar include Randy Selman, President and CEO of Onstream Media, RD Whitney, CEO of Tarsus Online Media, Tarsus Group plc and Stephen Nold, President of TSNN.com, MTOsummit and MeetingTechOnline.com.

The presenters will reveal and expand upon the survey responses from over 800 professionals in the tradeshow industry, highlighting such key findings as:

– Virtual events have come of age proliferating, growing and gaining
momentum;
– A major paradigm shift is occurring in the events industry and where
it is headed;
– Virtual events are projected to become an $18B+ industry in 5 years;
– Green focus is drawing companies toward virtual as a way of reducing
their carbon footprint;
– 75% of responders see virtual tradeshows as an add-on or an extension
to an existing show or physical event; and
– Content is still king, followed by ease of use and cost savings.

“There are several major forces at play, creating the perfect environment for virtual tradeshows and online marketplaces to flourish moving forward, including the explosive growth of social networking and collaborative technologies, combined with the overall reduction of corporate travel budgets and need for creating new revenue streams and customer loyalty,” said RD Whitney, CEO of Tarsus Online Media. “And, the early adopters of virtual events are already beginning to reap the benefits.”

“As evidenced by the survey results, there’s a sea change taking place within the tradeshow industry and Onstream Media is seeing a lot of interest and demand for our MarketPlace365 technology as a result,” said Randy Selman, President & CEO, Onstream Media. “We’re well positioned to be one of the leading providers of virtual tradeshow and online marketplace technology due to our self-provisioned, no upfront cost model and integrated search engine optimization, social networking and other lead generation features.”

“The trade show industry is being transformed and reshaped before our very eyes as more and more tradeshow organizers realize how virtual tradeshow technology is being utilized to ‘embrace and extend’ their existing events, creating a better environment for exhibitors to be part of a dynamic, online community of like-minded individuals who openly share ideas, best practices and conduct business,” said Stephen Nold, President of TSNN.com, MTOsummit and MeetingTechOnline.com.

Onstream Media’s MarketPlace365(TM) platform enables publishers, associations, trade show promoters and entrepreneurs to rapidly and cost effectively self-deploy their own profitable, online virtual communities consisting of social networking, lead generation, multi-media content libraries, tradeshows, virtual conferences and educational facilities.

To register for the upcoming webinar, visit www.visualwebcaster.com/TSNN/70280/reg.html.

About Tarsus Group & TSNN.com:

Tarsus Group plc (London Stock Exchange: TRS.L) is an international media company with a portfolio of exhibitions, conferences, publications and online media that span across the Americas, Europe, Asia and the Middle East. With its head office in London, Tarsus also has offices in Paris (France), Milwaukee and Boca Raton (USA), Düsseldorf (Germany), Shanghai (China) and Dubai (UAE). Tarsus Group owns the Trade Show News Network (TSNN), which is the world’s leading online resource for the trade show, exhibition and event industry since 1996.

The Trade Show News Network (TSNN) is the world’s leading online resource for the trade show, exhibition and event industry since 1996. TSNN.com owns and operates the most widely consulted event database on the Internet, containing data about more than 18,000 trade shows, exhibitions, public events and conferences. TSNN features an expanding Industry News and Thought Leader blog with contributions from industry leaders and analysts. We help facilitate the exchange between buyers and sellers with over 137,000 registered website users, over 120,000 newsletter subscribers and over 3,000 LinkedIn group members and thousands of followers on Twitter. To learn more about TSNN visit www.TSNN.com

About Onstream Media:

Onstream Media Corporation (NASDAQ:ONSM) is a leading online service provider of live and on-demand Internet broadcasting, corporate web communications and virtual marketplace technology. Onstream Media’s innovative Digital Media Services Platform (DMSP) provides customers with cost effective tools for encoding, managing, indexing, and publishing content via the Internet. The DMSP provides intelligent delivery and syndication of video advertising, streaming video, mobile streaming and supports pay-per-view for online video and other rich media assets. The DMSP also provides an efficient workflow for transcoding and publishing user-generated content in combination with social networks and online video classifieds, utilizing Onstream Media’s patent-pending Auction Video(TM) technology.

The company’s MarketPlace365(TM) solution enables publishers, associations, trade show promoters and entrepreneurs to rapidly and cost effectively self-deploy their own profitable, online virtual marketplaces. In addition, Onstream Media provides live and on-demand webcasting, webinars, web and audio conferencing services. To date, almost half of the Fortune 1000 companies and 78% of the Fortune 100 CEOs and CFOs have used Onstream Media’s services. Select Onstream Media customers include: AAA, Bonnier Corporation, Dell, Disney, Georgetown University, National Press Club, PR Newswire, Shareholder.com (NASDAQ), Sony Pictures and the U.S. Government. Onstream Media’s strategic relationships include Akamai, Adobe, BT Conferencing, eBay and Qwest. For more information, visit Onstream Media at www.onstreammedia.com or call 954-917-6655.

Media Relations:
Chris Faust
Fastlane
973-226-4379
cfaust@fast-lane.net

Investor Relations:
Brett Maas
Hayden IR
646-536-7331
brett@haydenir.com

Cautionary Note Regarding Forward Looking Statements

Certain statements in this document and elsewhere by Onstream Media are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such information includes, without limitation, the business outlook, assessment of market conditions, anticipated financial and operating results, strategies, future plans, contingencies and contemplated transactions of the company. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors which may cause or contribute to actual results of company operations, or the performance or achievements of the company or industry results, to differ materially from those expressed, or implied by the forward-looking statements. In addition to any such risks, uncertainties and other factors discussed elsewhere herein, risks, uncertainties and other factors that could cause or contribute to actual results differing materially from those expressed or implied for the forward- looking statements include, but are not limited to fluctuations in demand; changes to economic growth in the U.S. economy; government policies and regulations, including, but not limited to those affecting the Internet. Onstream Media undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements as a result of certain factors, including those set forth in Onstream Media Corporation’s filings with the Securities and Exchange Commission.

Source: Onstream Media Corporation

CONTACT: Media Relations: Chris Faust, Fastlane , +1-973-226-4379,
cfaust@fast-lane.net; or Investor Relations: Brett Maas, Hayden IR,
+1-646-536-7331, brett@haydenir.com

Web Site: http://www.onstreammedia.com/

BOCA RATON, Fla., July 29 /CEO News Info/ — Aplicor, LLC, a global Cloud Based Business Software Company, today announced that it has been awarded the 2010 Leadership Award for the Services and Applications Category by Technology Marketing Corporation’s (TMC) Next Generation Networks (NGN) Magazine. The NGN Leadership Award was established to recognize outstanding achievement in the IP Communications community, including outstanding products, services and technologies relating to IMS and NGN environments.

Winners in the Services and Applications category are those vendors whose ingenuity and innovation has resulted in those next generation of revenue-generating applications and services that will allow service providers and network operators to realize the value from their network investments.

“The increase in next gen technologies is exciting. The NGN Leadership Award has recognized those companies that are transforming this industry and bringing innovative products and services to market,” stated Rich Tehrani, CEO, TMC.

“Winning the Leadership Award is another validation that our next generation technology and solutions are providing tangible business value to our customers,” said Scott Creighton, Aplicor, CEO. “We proudly accept this prestigious accolade from NGN Magazine.”

About Aplicor

Aplicor is a global Cloud Based Software company which features a full CRM (Customer Relationship Management) and ERP (Enterprise Resource Planning) Software Solution for high growth, middle-market and enterprise companies.

Aplicor’s award winning Cloud Based Business Suite is a recognized industry leader in CRM, software availability and industry certifications.

Source: Aplicor, LLC

CONTACT: Kristi Kilpatrick of Kilpatrick PR for Aplicor, LLC,
+1-650-302-6404, kristi@kilpatrick-pr.com

Web Site: http://www.aplicor.com/

MARINA DEL REY, Calif., July 28 /CEO News Info/ — Dr. Richard Merkin, President and CEO of Heritage Provider Network sponsored the third in an ongoing Community Healthcare dialogue series discussing the impact of HealthCare Reform Legislation on the Community and the economic implications for small businesses. The event was co-sponsored by The North Valley Chamber of Commerce, The Santa Clarita Valley Chamber of Commerce and Regal Medical Group, part of the HPN family. The packed house of attendees listened to influential panelists including Dr. Adam Solomon, Assistant Medical Director, Regal Medical Group, member Heritage Provider Network Family, Mr. Fred Bauermeister, Executive Director of the Free Clinic of Simi Valley and Kerry Carmody the COO, and interim CEO, of the California Region for Providence Health and Services.

The Honorable Assemblyman Cameron Smyth, 38th District, who is a member of the California State Assembly Committee on Health, moderated the panel. The spirited discussion centered on the benefits and impact of Healthcare Reform on the community, including how to keep healthcare costs down while integrating the thousands of newly insured to our distressed hospitals and free clinics. Numerous questions from the audience centered around the implementation of reform, what it means for the individual in Southern California, potential changes in Medicare and access to care.

“We at Regal Medical Group concentrate on quality of care, access to care and affordability of care. By being accountable for the full spectrum of patient needs, we help facilitate the provision of evidence based medical care that is not only efficient, but also is shown to have the best outcomes. This integrates very well into the new legislative directives,” said Dr. Adam Solomon, Assistant Medical Director, Regal Medical Group.

“Of the 100 hospitals in and around Los Angeles County, many are really struggling financially,” pointed out Kerry Carmody, COO and interim CEO of the California Region for Providence Health and Services. “Balancing care and costs and improving quality, is something we can only do together.”

With Los Angeles ground zero in the country for the uninsured, 1 out of every 4 under the age of 65, hospital emergency rooms and free clinics are feeling the pinch.

“Until these regulations for insurance coverage for all are implemented, we will try to extend our care to cover as many patients as we can,” said Fred Bauermeister, Executive Director of the Free Clinic of Simi Valley. “The good news is, this legislation implements new technologies for delivery systems like electronic medical records that will make our job much easier, then we can take more patients.”

“Our Community Healthcare Dialogue series provides an important opportunity to hear from the community on a critically important issue. No other medical group similar to us is sponsoring these types of events,” said Dr. Richard Merkin, President and CEO of Heritage Provider Network. “We are happy to fill the need and help the community understand the changes that our coming in our healthcare delivery system, and continue to look for better ways to provide quality healthcare with feedback from our community and our business leaders.”

About HPN:

Heritage Provider Network, Inc. (HPN) is on the cutting edge of the accountable care model of health care delivery: coordinated, patient-doctor centric, integrated health care systems that represent the future of health care in the United States. HPN develops programs and services that are responsive to the healthcare needs of today’s patient. HPN designs its networks to offer patients a comprehensive range of medical care in convenient locations. It organizes and manages medical groups and independent practice associations, integrating with hospitals and ancillary care providers. This system represents a workable, successful business model that has been duplicated with medical groups, IPAs and medical facilities throughout California. HPN is dedicated to quality, affordable health care and putting patients’ wellness first.

Source: Heritage Provider Network, Inc.

CONTACT: Janet Janjigian, Janet@wegetitconsulting.com, or Laura Tunberg,
laura@wegetitconsulting.com, both of We Get It Consulting, +1-310-415-0330,
for Heritage Provider Network, Inc.

Web Site: http://www.heritageprovidernetwork.com/

Former Sun Microsystems Distinguished Engineer Takes on Cloud OS Innovation as the Latest Addition to Joyent’s Growing Team

SAN FRANCISCO, July 28 /CEO News Info/ — Joyent, a leading global provider of cloud computing solutions, today named Bryan Cantrill as VP of Engineering. Cantrill will be responsible for overseeing worldwide development focused on operating systems, including building additional innovation into Joyent’s SmartOS and SmartDataCenter.

For Joyent, the addition of Cantrill, an engineer named as one of the top 35 technologists under the age of 35 by MIT’s Technology Review and an Innovator of the Year by InfoWorld, represents the next step in continuing to building out a team of world-renowned engineering talent.

Prior to joining the Joyent team, Cantrill served as Distinguished Engineer at Sun Microsystems, where he spent more than a decade working on system software, from the guts of the kernel to client-code on the browser and much in between. Most notably, Cantrill co-designed and implemented DTrace, a facility for dynamic instrumentation of production systems that won the Wall Street Journal’s top Technology Innovation Award in 2006 and the USENIX Software Tools User Group Award in 2008.

Recently Bryan co-founded the Fishworks group at Sun, where he designed and implemented the DTrace-based analytics facility found in the Sun Storage 7000 series of appliances–a facility that InfoWorld described as “stunning” in a February 2009 review.

“As one of the world’s foremost experts in system software and application monitoring, Bryan will be one of the cornerstones of the team we’ve been building here at Joyent,” said Joyent CEO David Young. “His work on DTrace and his insight into how applications run on the SmartOS will give us a huge boost in the innovations we expect to bring to the table over the next few years and beyond.”

“The tech world is shifting, the definition of the operating system is expanding and the data center is rapidly becoming the computer. Amidst a slew of cloud companies, Joyent is one of the few focusing on innovation up and down the stack to deliver a true cloud operating system,” said Cantrill. “Joyent has a deep sense of systems innovation and is well positioned to develop the breakthroughs needed to deliver the full potential of cloud computing.”

About Joyent

Joyent is the premier Infrastructure-as-a-Service (Iaas) and Platform-as-a-Service (Paas) provider offering cloud computing solutions worldwide since 2004. Delivering billions of page views per month, Joyent’s Smart Technologies improve performance, scalability, manageability and security for thousands of web and mobile applications. Serving a network of service providers and thousands of customers, Joyent is the only company that runs a major public cloud infrastructure, builds the technologies that power that infrastructure, and uses those technologies to enable multiple third-party public, private, and hybrid clouds.

Joyent is a leading infrastructure provider for some of the fastest growing businesses on the web, including:

Watercooler, which supports millions of users every day on Joyent architecture

LinkedIn, which delivers billions of pages each month using Joyent infrastructure services.

Country Life, which has used Joyent’s high performance infrastructure to scale quickly to over 8 million monthly active users on Facebook with great gameplay.

Gilt Group, one of the world’s fastest growing eCommerce businesses, which has been able to reduce costs significantly by building on Joyent infrastructure.

Source: Joyent

CONTACT: Maya Zarchan of SSPR, +1-719-634-8279, mzarchan@sspr.com, for
Joyent

Web Site: http://www.joyent.com/

Veteran Tampa Bay Area Banker to Head Local Bank

BRADENTON, Fla., July 23 /CEO News Info/ — Community Bank of Manatee today announced that Kathryn “Katie” Pemble has been named President and Chief Operating Officer. In addition to being responsible for all bank operations, she will work with CEO and Chairman, William H. Sedgeman Jr., and the bank’s board in developing the bank’s long-term strategic plans. Pemble, a 23-year banking veteran in the Tampa Bay area, also will become a member of Community Bank’s board of directors.

“We are excited to welcome Katie to our organization,” said Sedgeman. “She is a proven leader whose extensive knowledge and banking experience in Florida will be instrumental in achieving our goal of being the best bank in the Tampa Bay area. Katie joins us at an exciting time as the bank just had a profitable second quarter, and with the support of its shareholders, stands with the highest capitalization in the bank’s 14 year history.”

Prior to joining Community Bank of Manatee, Pemble was with Florida Bank — previously named Bank of St. Petersburg — in Tampa. During her tenure there, she held the positions of chief operating officer, president and chief executive of the bank. Most recently, she held the position of chief credit officer for the bank and holding company, Florida Bank Group, Inc. Before joining Bank of St. Petersburg in 2004, Pemble was Pinellas County president for Bank of America. A native Floridian, Pemble graduated from the University of Florida with a BS in Finance.

Director Trevor Burgess added, “We are honored to have one of the most highly regarded women in Florida banking join our team. Katie’s experience, drive, dedication and knowledge of the Tampa Bay market make her the perfect President for Community Bank.”

“I am thrilled about the opportunity to work with an organization with such strong roots in the community,” Pemble said. “I look forward to helping the bank grow and develop by meeting the financial needs of small businesses, individuals and families.”

Among her numerous civic and community activities, Pemble is a member of the Florida Banker’s Association, Leadership Florida, the American Heart Association Leadership Circle, and the Moffitt Merit Society. She also serves as treasurer and finance committee chairman of Bayfront Health System, Inc. in St. Petersburg.

Community Bank is a local, independent bank serving the Tampa Bay region with five branches in Manatee and Hillsborough counties and $250 million in assets as of June 30, 2010. Community Bank continues to specialize in solutions for individuals by offering the region’s best checking account “Clover Gold,” residential mortgages with local and expedient decision-making, and business solutions including Small Business Administration loans. Community Bank is a preferred lender of the SBA and was recently ranked as the number one local community bank for SBA loans.

ABOUT COMMUNITY BANK OF MANATEE:

Community Bank continues to specialize in solutions for individuals by offering the regions best checking account, “Clover Gold,” residential mortgages including “jumbo mortgages” with local, quick decision-making and business solutions including Small Business Administration loans. Community Bank was recently ranked as the number one local community bank for SBA loans.

Community Bank, is a local, independent bank serving the communities of Florida’s central Gulf Coast with five branches in Manatee and Hillsborough counties:

2025 Lakewood Ranch Boulevard, Lakewood
Ranch, FL 941-750-0700
6000 State Road 70, East, Bradenton, FL 941-756-0099
7202 Manatee Avenue West, Bradenton, FL 941-761-3400
1001 West Cleveland Street, Tampa, FL 813-258-8187
10109 U.S. Highway 301 South, Riverview, FL- 813-672-0999

For more information, visit the bank’s website at: www.CommunityBankNow.com or contact the nearest office.

Source: Community Bank of Manatee

CONTACT: William H. Sedgeman, Jr., Chairman & CEO, +1-941-749-8865

Web Site: http://www.communitybanknow.com/

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Signature Group Holdings, Inc. Names New Management Team and Board of Directors Following Successful Reorganization of Former Financial Services Giant Fremont General Corporation

Special situation lender and investor in middle market companies installs leadership team of veteran turnaround professionals, commercial finance specialists and private equity investors; Craig Noell named CEO; Former Foothill Capital founder John Nickoll named Chairman

SHERMAN OAKS, Calif. and NEW YORK, July 20 /CEO News Info/ — Special situation lender and investor Signature Group Holdings, Inc. (Pink Sheets: SGGH), successor to recently reorganized Fremont General Corporation, has elected a new Board of Directors and appointed an executive team following its successful emergence from Chapter 11 bankruptcy proceedings last month.

Signature will emphasize a business model that focuses on credit-oriented special situation lending and investments in middle-market companies nationally. Prior to bankruptcy, Fremont General Corporation was a $7 billion financial institution with interests in banking, insurance and commercial finance; its wholly-owned subsidiary, Fremont Investment & Loan, was one of the country’s top five originators of subprime residential loans. When the subprime market collapsed in 2007, Fremont General Corporation came under pressure by regulators and elected to file for Chapter 11 bankruptcy protection in June 2008 in order to implement its restructuring program.

Signature emerged from Chapter 11 in June 2010 under a plan of reorganization led by Signature Group Holdings, LLC. One of the key features of the plan of organization was an estimated $769 million (unaudited) of federal net operating loss carry-forwards expected to be available to offset future taxable income.

Craig Noell, 47, has been named president and CEO of Signature Group Holdings, Inc. Mr. Noell has served as Managing Director and CEO of Signature Group Holdings, LLC since 2004. Signature operates as an investor and investment manager employing credit driven strategies, including distressed debt investments and special situation loan originations.

“Using the platform of the former Fremont General, we are very excited about writing a new chapter for Signature and confident that our new management and board slate can elevate the company into a leader in middle-market lending and investment, a sector that continues to be starved for capital,” Mr. Noell said. “With our team in place, our shareholders can be confident that we have the expertise and talent to take Signature to the next level.”

John Nickoll, founder of Foothill Capital Corp., formerly the country’s largest independent commercial finance company prior to merging with Wells Fargo, has been named Chairman of the Board of Directors of Signature.

“Middle market lending remains one of the biggest causalities of the economic downturn, with many providers exiting the market and conventional lenders pulling back significantly,” Mr. Nickoll noted. “There is a major opportunity for Signature to make an impact in offering vital credit and investment capital for mid-market companies, for operating purposes, mergers and acquisitions, restructurings, and a host of special situations.”

Robert A. Peiser, a veteran turnaround executive who has served as CEO of several national companies – including Omniflight Helicopters, Inc. and Imperial Sugar Co. – has been named Vice Chairman and will also chair Signature’s Audit Committee as management implements a plan to bring the company back into SEC compliance. Mr. Peiser, who also served two separate tours as CFO of Trans World Airlines, brings strong corporate governance experience to his new role with Signature’s board.

“The first few months following a reorganization typically represent the most challenging period for a turnaround,” Mr. Peiser said. “Having assembled a collegial group of experienced veterans, who bring substantial experience in special situation credit and commercial finance, will greatly enhance the viability of our business model.”

The rest of the board members include Mr. Noell, along with Kenneth Grossman, Michael Blitzer, John Koral, Richard A. Rubin, Norman Matthews and Robert Schwab. The board has already established various key corporate governance committees, including audit, compensation, legal, executive and governance and nominating committees.

Rounding out the Signature executive team are:

Kenneth Grossman, 54, a veteran turnaround professional and distressed investor has been appointed co-Executive Vice President. Mr. Grossman, a former corporate lawyer, also serves as managing director of Signature Capital Advisers, LLC, which has entered into an interim investment management agreement with the newly reorganized company. Mr. Grossman has served in leadership roles for several investment firms, including Ramius, LLC, Del Mar Asset Management, L.P., and Alpine Associates, LP. Mr. Grossman was responsible for evaluating new investments and managing existing investments at each firm.

Kyle Ross, 33, has been named co-Executive Vice President along with Mr. Grossman. Mr. Ross has also served as a managing director of Signature Capital Advisers, LLC, evaluating new investments and managing existing investments. SCA has employed credit-driven strategies, including distressed debt investments and special situation loan originations.

The terms of the new leadership team were outlined in a Current Report on Form 8-K filed July 15 with the Securities and Exchange Commission: http://biz.yahoo.com/e/100715/sggh.pk8-k.html.

“We are in a great position here following the Fremont General reorganization and installation of a first-rate leadership team to turn Signature Group Holdings, Inc. into a serious player in commercial finance,” Mr. Grossman said. “So many middle-market companies are eager for funding – for expansion, for transactions, to pay off existing debt. We are looking forward to stepping in with capital and expertise to help advance business recovery in this critical segment of the economy.”

About Signature Group Holdings, LLC

Formed in 2004, Signature Group Holdings, LLC, is a credit-oriented special situations investor with a track record of successfully acquiring, originating and managing debt investments. Additional information about Signature can be found on its website www.Signaturecap.com. Signature is headquartered in Sherman Oaks, CA with a presence in New York, NY.

Cautionary Statements

This news release contains forward-looking information. Statements contained in this news release relating to future results, events and expectations are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may involve known and unknown risks and other factors and uncertainties which may cause the actual results to be materially different from those expressed or implied by such statements. Signature does not have any intention or obligation to update forward-looking statements included in this press release after the date of this press release, except as required by law. No stock exchange or regulatory authority has approved or disapproved of the information contained herein.

Allan Ripp 212-262-7477
Press Contacts: arippnyc@aol.com
—————-
Joshua Spivak 510-849-1663
jspivaknyc@aol.com

David Brody 805-435-1255
Investor Relations: investorRelations@signatureCap.com
——————–

Source: Signature Group Holdings, Inc.

CONTACT: David Brody, Investor relations, Signature Group Holdings,
Inc., +1-805-435-1255, InvestorRelations@signaturecap.com; or Press Contacts:
Allan Ripp, +1-212-262-7477, arippnyc@aol.com or Joshua Spivak,
+1-510-849-1663, jspivaknyc@aol.com

Web Site: http://www.signaturecap.com/

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