SOURCE: Perihelion Global

February 16, 2007 10:52 ET

Perihelion Global Retains Former United States Attorney David L. McGee of Beggs & Lane, LLP

WILMINGTON, DE, SANTA ROSA BEACH, FL and OPP, AL -- (MARKET WIRE) -- February 16, 2007 -- Perihelion Global (PINKSHEETS: PHGI) announced today that the company has retained former United States Attorney David L. McGee, a partner with Beggs & Lane, LLP in Pensacola, Florida as a member of Perihelion's legal team. Beggs & Lane, LLP is Florida's oldest law firm.

David L. McGee served as First Assistant U.S. Attorney, Northern District of Florida, from 1991-1996. Mr. McGee also served as Lead Attorney, Organized Crime Task Force ("Strike Force") for the United States Justice Department from 1983-1991. Previously, Mr. McGee served in the State Attorney in Florida.

Mr. McGee's primary areas of practice are: Securities Litigation; White Collar Crime and Commercial Litigation. Mr. McGee is a member of the Escambia-Santa Rosa, Federal and American Bar Associations.

"Without question, David L. McGee's experience, knowledge and counsel will be a tremendous resource for our company," states John H. Beebe, Chairman, Chief Executive Officer & President. Adds Beebe, "Our company is growing rapidly and our future is extremely bright. Mr. McGee brings a proven track record of service to the United States, and we're pleased that he has decided to work with Perihelion to continue protecting the interests of our shareholders."

Burr & Forman, Perihelion Global's current legal counsel will also continue legal representation of the company.

About Perihelion Global:

Perihelion Global focuses on the acquisition, development and management of technologies, strategic commodity reserves and assets in the energy, natural resource and communications markets. Perihelion's management team specializes in providing solutions for the strategic challenges of the 21st Century. We lead with decades of experience in environments that are mission critical in today's global marketplace: Technology, Energy and Communications.

Website: www.perihelion.com

Caution Regarding Forward-Looking Statements

This press release contains historical information as well as forward-looking statements that are based upon our estimates and anticipation of future events that are subject to certain risks and uncertainties that could cause actual results to vary materially from the expected results described in the forward-looking statements. The words "anticipate," "believe," "estimate," "expect," "hopeful," "intend," "may," "optimistic," "preliminary," "project," "should," "will," and similar expressions are intended to identify these forward-looking statements. There are numerous important factors that could cause our actual results to differ materially from those in the forward-looking statements. Thus, sentences and phrases that we use to convey our view of future events and trends are expressly designated as forward-looking statements as are sections of this news release clearly identified as giving our outlook on future business.

These forward-looking statements are subject to significant risks, assumptions and uncertainties, including, among other things, the following important factors that could affect the actual outcome of future events:

-- General economic conditions, either nationally or in our market area, that are worse than expected;

-- regulatory and legislative actions or decisions that adversely affect our business plans or operations;

-- price competition;

-- inflation and changes in the securities markets that adversely affect the fair value of our operations; and

-- changes in our organization, compensation and benefit plans.

We wish to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made, and wish to advise readers that the factors listed above could affect our financial performance and could cause actual results for future periods to differ materially from any opinions or statements expressed with respect to future periods in any current statements. We do not undertake and specifically decline any obligation to publicly release the result of any revisions that may be made to any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.

Contact Information

  • Contacts:
    John H. Beebe
    Chairman, Chief Executive Officer & President
    Perihelion Global
    866-748-7610 (Toll Free) x 719
    john@perihelion.com