SOURCE: vFinance, Inc.

May 07, 2007 09:00 ET

vFinance Expands Ability to Offer Unique Real Estate Investment Opportunities Through Affiliation With A-Spire Financial Corporation

NEW YORK, NY -- (MARKET WIRE) -- May 7, 2007 -- vFinance, Inc. (OTCBB: VFIN), a global financial services company specializing in growth opportunities, announced today the affiliation of its subsidiary vFinance Investments, Inc. with A-Spire Financial Corporation ("A-Spire").

A-Spire, based in Portland, Oregon, is one of the country's foremost experts and leading sponsors of Tenant-in-Common real estate investment opportunities. The company offers professionally managed retail, industrial and office real estate throughout the United States.

vFinance Investments, Inc. continues to dramatically expand the range of its investment banking activities. Other recent alliances provided access to new global markets and the ability to offer valuable technology to corporate clients through a leading tech transfer company. The relationship with A-Spire will also enable vFinance to offer suitable clients a greater variety and amount of real estate investment opportunities.

"Our relationship with A-Spire and its team represents an outstanding opportunity to capitalize on deep industry experience and offer our clientele an ever-expanding universe of unique investment products," said Jonathan Rich, EVP and Director of Investment Banking for vFinance Investments, Inc. "The relationship is also another key step in our building a world-class, emerging growth investment bank."

Jason R. Larson, CEO, A-Spire, said, "We are pleased to be working with vFinance, an established financial services firm, enabling them to offer unique real estate products to their clients. We believe that their national and global outreach will help expand our markets, and our specialized industry knowledge and contacts will contribute to their growth. We look forward to working together with Jonathan Rich's investment banking team to generate new opportunities for both companies."

About vFinance, Inc.

vFinance, Inc. is a global financial services company which specializes in high-growth opportunities. The Company's insight into the high-growth investment marketplace flows from three key activities: Providing investment banking and advisory services to micro, small and mid-cap high growth companies; making markets in over 3,000 micro and small cap stocks, and offering information services on its website, which is a leading destination for emerging companies seeking capital and investors seeking opportunities. Due to its focus, the Company is uniquely positioned to offer alternative investments to institutional and high net worth investors seeking to outperform market indices. All investors are also offered a full range of investment options. With over 40 offices in the U.S. and other parts of the world, the Company serves more than 12,000 corporate, institutional and high net worth clients. vFinance Investments, Inc. and EquityStation, Inc., both subsidiaries of vFinance, Inc., are broker-dealers registered with the SEC, and members of NASD and SIPC. For more information about vFinance, Inc., please visit its website at www.vfinance.com. For more information and to access the Company's Fact Sheet, please visit www.cfsg1.com.

About A-Spire Financial Corporation

A-Spire Financial Corporation is one of the country's foremost experts and leading sponsors of Tenant-in-Common real estate investment opportunities. The company offers professionally managed retail, industrial and office real estate throughout the United States. Its clients include entities and individuals completing a 1031 exchange, moving assets from self-directed retirement accounts, or seeking high quality commercial real estate investments for income and long-term appreciation. For more information, please visit www.a-spirefinancial.com.

This release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. The forward-looking statements in this release do not constitute guarantees of future performance. Investors are cautioned that statements in this press release, which are not strictly historical statements, including, without limitation, statements by management, statements concerning internal operations, marketing, management's plans, objectives and strategies, and management's assessment of market factors and conditions, constitute forward-looking statements. Such forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated by the forward-looking statements, including, without limitations, the volatility of domestic and international financial, bond and stock markets, intense competition, extensive governmental regulation, litigation, substantial fluctuations in the volume and price level of securities and other risks as detailed in the Company's filings with the Securities and Exchange Commission. vFinance, Inc. assumes no obligation to update any forward-looking information in this press release.

Consulting For Strategic Growth 1, Ltd. ("CFSG1") provides vFinance, Inc. ("the Company") with consulting, business advisory, investor relations, public relations and corporate development services. CFSG1 receives restricted stock as compensation from the Company. CFSG1 may also choose to purchase the company's common stock and thereafter liquidate those securities at any time it deems appropriate to do so.

Contact Information

  • CONTACTS:

    vFinance, Inc.

    Maxine Martell
    EVP and Chief Marketing Officer
    vFinance, Inc.
    Tel: 1-561-981-1077
    Fax: 1-561-404-4174
    Email Contact
    www.vfinance.com

    Stanley Wunderlich
    CEO
    Consulting For Strategic Growth I
    Tel: 1-800-625-2236
    Fax: 1-212-337-8089
    Email Contact
    www.cfsg1.com

    Daniel Stepanek
    EVP, Media
    CFSG1
    Tel: 212-896-1202
    Fax: 212-697-0910
    Email Contact


    CONTACTS:

    A-Spire Financial Corporation

    Christie Wong
    Director of Marketing
    A-Spire Financial Corporation
    Tel: 1-503-546-1152
    Tel: 1-866-996-1031
    Email Contact
    www.a-spirefinancial.com

    Gina Binole
    GBM Communications Inc.
    Tel: 1-503-234-5770
    Email Contact