SOURCE: Floyd Associates

June 11, 2007 12:01 ET

Floyd Associates Opens Office in Dubai, United Arab Emirates and Starts Joint Venture With Nordex International

New Office to Actively Promote US Companies in the Growing Middle East Market

LOS ANGELES, CA--(Marketwire - June 11, 2007) - Floyd Associates (www.floyd-associates.com), a privately held consulting firm with expertise in corporate finance, business strategy, investment banking, and mergers & acquisitions, announced today that it has opened an office in Dubai, United Arab Emirates.

Floyd Associates plans to use the new presence in Dubai to promote US businesses in the rapidly growing Middle Eastern capital markets. The office will also try to attract local capital for investment in Floyd Associates' US clients.

The Company has also started a joint venture with Nordex International in Dubai to aggressively and efficiently communicate with the local investment and business communities in the UAE.

"We are delighted to have opened this office in Dubai. For years we have offered global investor awareness services to our clients in Europe and more recently in Dubai, and the establishment of our office in the UAE is a major milestone in increasing our presence in the Middle East," said Mr. Nima Montazeri, Managing Director of Floyd Associates.

The regional director of Nordex International, Mr. Hossein Ghandchi, added: "There is a lot of capital in Dubai and numerous institutions and high net worth individuals are interested in investing in US ventures. We have been present and active in the UAE for several years and we are looking forward to cooperating with Floyd Associates and to creating a hub for US companies interested in expanding their products to the UAE or attracting UAE capital."

About Floyd Associates

Floyd Associates is a privately held consulting firm with expertise in corporate finance, business strategy, and mergers and acquisitions. Our expert team advises companies of various sizes on capital raising instruments, optimal capital structures, and formation of strategic alliances. Capitalizing on more than 10 years of experience, the Company offers complete solutions customized to meet the specific needs of each of its clients. The Company intends to form long lasting relationships with its clients and to maximize shareholder value through optimization of capital structure and business planning. Solutions include equity financing, business expansion plans, global corporate finance solutions, and international trade strategies.

Forward-Looking Statements

Except for historical information contained herein, the statements in this news release are forward-looking statements that involve known and unknown risks and uncertainties, which may cause the Company's actual results, performance and achievement in the future to differ materially from forecasted results, performance, and achievement. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.

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