Press Release

LRG Capital Group Forms Corporate Advisory Services Group

Larkspur, CA (June 27, 2007) -- LRG Capital Group, LLC, a global merchant bank that manages the BayStar Investment Funds and invests in and provides advisory services to small capitalization public and private companies, announced today the formal creation of its Corporate Advisory Services Group. The Corporate Advisory Services Group will operate under the direction of veteran investment banker Eric J. Bentley.

The Group will offer all aspects of financial and strategic advisory services, including public offerings, private placements, debt placements, mergers, acquisitions and outsourced corporate development. LRG Capital Group currently represents private and public growth companies in such sectors as technology, life sciences, media and communications.

Mr. Bentley has extensive experience in shaping financial transactions to meet the goals of clients and has been instrumental in the establishment of several corporate advisory practices. Over the last decade, Mr. Bentley has delivered financial advisory services for various companies in transactions that aggregate to over $60 billion in value.

The LRG team brings a depth of experience to the Corporate Advisory Services offering. As part of each assignment, a senior LRG professional is personally involved in each aspect of the engagement, leveraging the collective experience of the entire firm. Each of the senior LRG Corporate Advisory professionals have at least 15 years of experience advising companies through their roles as Wall Street investment bankers, lawyers and management consultants. Members of the team have provided advisory services on over 300 transactions with transaction values that total over $75 billion.

LRG Capital Group most recently provided advisory services to Exar Corporation (NASDAQ: EXAR) in a definitive merger agreement with Sipex Corporation (NASDAQ: SPIX).

CEO Lawrence Goldfarb said that the formation of the Corporate Advisory Services Group was in response to client demand for high quality expertise that could focus on smaller capitalization growth oriented companies.

According to Mr. Goldfarb, "Small capitalization companies assess their alternatives to enhance shareholder value either through sale, acquisition, or a capital raise. There is a need for superior advisory and agency services that have traditionally been difficult for these small companies to obtain in a cost-effective manner."

About LRG Capital Group, LLC

LRG Capital Group, LLC (www.lrgcapital.com), is a global merchant bank that specializes in making investments in and providing financial advisory services to publicly traded and private companies. With offices in San Francisco, New York and Miami, the firm represents companies on equity and debt placements, restructurings, recapitalizations, management buyouts and other strategic alternatives.

LRG is also the investment manager for BayStar Capital, which makes direct investments in public and private companies using a wide range of structured debt and preferred securities convertible or exchangeable into a company's underlying equity. BayStar's current fund combines successful equity investing expertise with proven structured debt strategies. Additionally, LRG Capital Group invests in and owns various entertainment interests and U.S. and non-U.S. real estate assets, including derivative interests in real estate securities and real estate development projects and properties.