NEWS FROM SIGMA CAPITAL GROUP, INC.

For Immediate Release, March, 2003:  

SIGMA  CAPITAL GROUP, INC. CHAIRMAN SPEAKS AT MICROGENERATION TO POWER PARKS CONFERENCE  

Raleigh, North Carolina: Sigma Capital Group's Chairman and CEO, Mr. Bruce Woodry, MicroGeneration to Power Parks conference, sponsored by the Great Lakes Energy Association  on November 17, 2003.  This was the first technology showcase in the area, and was a joint effort between Great Lakes Renewable Energy Association and the Small-Business Technology Development Center (SBTDC).   The conference had over 260 attendees and 20 exhibitors, with presentations and workshops by 6 speakers.

Mr. Woodry’s Presentation was on “Financing Alternate Energy Businesses: Show Me The Money" and was an interactive presentation designed to show early-stage company executives the process and pitfalls of raising money.  "I’ve had executive positions with large corporations, run smaller companies, and been a turnaround executive, but raising money is the toughest job I’ve ever performed", said Mr. Woodry.

“Volatile global markets and crushing enterprise valuations make it imperative that technology company owners and executives effectively plan for and manage their financing programs to assure optimum effectiveness,” says Woodry.  ”With the capital markets as slow as they've been in over a decade, it is a not perfect time to finance.  We have seen some improvements in the last few months, however world events could change this dramatically."  "In view of this outlook, we suggest that companies continue their focus on assuring cost is in line with revenues, and should address a wide range of options, including credit enhancements, loan refinance or divestiture.  Conversely, if you are fortunate enough to be in a good capital position, we recommend purchasing assets at the current favorable valuations.  In either case, we recommend an investment bank to chart your course through these difficult waters,” says Mr. Woodry.

With 3% of the national workforce and 23% of the job loss, it is easy for corporate executives to be discouraged about the prospects of optimizing their technological company business.  "We must all pull together regionally, to overcome any competitive disadvantages with other regions of the country and world.  This conference reminds me of the early days of research triangle Park, 20 years ago, but the advantage that Michigan offers is a great co-operative effort between business and government, as well as a beautiful location and the wonderful quality of life.  While technological economic development will take years to be fully realized, this is a really great beginning," says Mr. Woodry.  There was even an angle investment group that is beginning to form in the area, he noted. “That has the potential for jump starting emerging technology businesses”, said Mr. Woodry.

About Small-Business Technology Development Center (SBTDC)

The Michigan Small Business & Technology Development Center (SBTDC) provides counseling, training, and market research to businesses around Michigan.  As a partner program of the Small Business Administration (SBA), the SBTDC offers free or low cost services to new ventures, existing small businesses, and innovative technology companies.  SBTDC regional director, Bill Palladino says, “Mr. Woodry’s presentation was very effective, combining highly technical financial strategies with sobering real-world examples of the often intractable process of raising capital for an emerging technology company.”

Great Lakes Renewable Energy Association

The Renewable Energy Association is a non-profit organization that educates, advocates, promotes, and publicly demonstrates renewable energy technologies. National interest in safe sustainable energy technologies is growing daily. With utility restructuring occurring all over the country, the opportunity for customer choice of greener energy consumption has never been greater.  www.glrea.org

About Sigma Capital:

Sigma Capital Group is a ten-year-old boutique investment bank located in Raleigh, Research Triangle Park, North Carolina, and has opened an office in Michigan.  Sigma Capital has built a strong reputation for improving shareholder value through corporate development activities, providing advisory and representational services to clients in the Aerospace, Telecom, Computer/IT and Energy and Destination Resorts industry sectors with transaction values in the $5M to $50M range.

For additional information, contact:  

Sigma Capital Group, Inc.

Bruce Woodry, Chairman and CEO

Email: Woodry@SigmaCapital.net