July 9, 2001 - Bristol Investment Group Adds Thomas Miller to Management Team

NEW YORK- Bristol Investment Group, a leading venture investment and finance company, announced today that Thomas Miller has joined the company's executive team as Vice President. Mr. Miller has more than 7 years of experience in both financial management and in working directly with growth companies to meet their capital-raising objectives.

"With outstanding career experience as both an investment banker and private placement specialist, Tom is an ideal addition to our team," said Alan Donenfeld, President of Bristol Investment Group." As we continue to finance premiere growth companies in this difficult market, it is imperative that our team understands the needs of both the entrepreneurs and investors. Tom's background in finance and investment management and his ability to bring innovative concepts to market are major assets to Bristol Investment Group."

Prior to joining Bristol Investment Group, Mr. Miller was a private placements banker for Bear, Stearns & Co. Inc., a leading investment banking and brokerage firm, where he helped raise capital for companies such as ARCap, Geneva Technology and Ionex Telecommunications. From 1991 to 1996, Mr. Miller worked for two leading commercial real estate brokerage and management firms in New York: Newmark & Co. and Edward S. Gordon Co. (now Insignia/ESG). Mr. Miller held a number of different financial positions at both firms and was involved in the marketing and sale of over $200 million of distressed and income-producing properties. He received an MBA in Finance from the University of Chicago Graduate School of Business, an MS in Real Estate from New York University, and a BA from Brown University. He began his career as an Investment Banking Analyst for Goldman, Sachs & Co.

"I am proud to play a leadership role in a company that's financing the latest technologies, from stem cell and immunology research and development to wireless video" said Miller. "It's a challenging time to be working in the venture capital space, to be among the first to discover companies that are working on the forefront of high technology, and to play a role in bringing them to market." Miller went on to say that the investment banking experience of Bristol Investment Group's management have attracted some of the brightest and most innovative entrepreneurs. "As a result, we will continue to be able to provide our investors with high quality proposals and our companies with dependable financial solutions."

About Bristol Investment Group, Inc.

Bristol Investment Group, Inc. is focused on serving the needs of telecommunication, health care, and other technology companies who require growth capital, strategic planning and merger and acquisition advice. The members of the firm have a broad range of experience in raising debt and equity capital, structuring and financing acquisitions, arranging joint ventures and managing communication companies. Mr. Alan Donenfeld, President of Bristol, formed the company in 1990 with the mission of providing a high standard of investment banking services to small and middle market communication companies. Bristol is a broker/dealer firm registered with the National Association of Securities Dealers (NASD) and is member of the Securities Investor Protection Corporation (SIPC). For more information on Bristol Investment Group visit www.BristolDirect.com.

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