SOURCE: vFinance, Inc.

April 13, 2007 07:30 ET

vFinance Reaches Out to Investor Community Through CFSG1, Retained as Investor and Media Relations Firm

NEW YORK, NY -- (MARKET WIRE) -- April 13, 2007 -- vFinance, Inc. (OTCBB: VFIN), a global financial services company specializing in growth opportunities, announced today that it has retained Consulting For Strategic Growth 1 ("CFSG1") to increase the investor community's awareness of vFinance, Inc. as a public company with high growth potential. CFSG1 is known for its broad personal outreach in the public and private investment communities, both domestic and international.

Founded in 1996, vFinance, Inc. (OTCBB: VFIN), a public company, provides global financial services focused on the needs of high net worth and institutional investors and high-growth companies. With a strong balance sheet, no debt, and well-diversified income stream including Retail, Equity Market Making, Fixed Income Trading and Investment Banking, the Company is expanding through acquisitions, increased investment banking deals and organic growth.

"We've been providing our clients with growth opportunities. Now CFSG1 can raise investors' awareness that we are an expanding public company poised for significant growth, which should result in increased shareholder value," said Leonard J. Sokolow, Chairman and CEO, vFinance, Inc. "We're very pleased to engage CFSG1. Their expertise is very synergistic with our own. We're delighted to have the benefit of their guidance and outreach."

Stanley Wunderlich, CEO, CFSG1, stated, "vFinance is an exciting company, highly respected for its sophisticated financial and advisory services for growth companies and investors seeking to outperform market indices. Surprisingly, many investors are not aware that VFIN is itself a public company well positioned for growth that exceeds the market norm. We look forward to bringing this message to the broad investment community and helping the Company to fulfill its exceptional potential."

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.

About Consulting for Strategic Growth 1, Ltd.

CFSG1 has decades of hands-on corporate development experience combined with broad personal outreach in the private equity markets and Wall Street broker/dealer communities. CFSG1 is a leader in reverse mergers, investor and public relations and corporate development for small-cap companies and private enterprises, both domestic and international. Its portfolio includes businesses based in countries such as China, South Africa and Canada. CFSG1's strategic relationships include Rodman & Renshaw, Inc., a full-range investment bank nurturing emerging growth companies since 1951; Brookshire Securities, a leading Florida investment firm focused on the needs of small- to medium-sized companies; and ChineseWorldNet.com, Inc. (CWN), a worldwide financial platform catering to small- and mid-size Chinese companies and the Chinese investor community (www.CWNfn.com), among others. For more information, go to: www.cfsg1.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.

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