Kidron Corporate Advisors LLC Launches “Kidron Opportunity Fund I”
July 24, 2006

NEW YORK, July 24, 2006 - Kidron Corporate Advisors LLC, a corporate advisory and mergers & acquisitions boutique that specializes in global emerging growth companies, today announced the successful initial closing of its first private equity fund, Kidron Opportunity Fund I, LLC (KOFI) and its offshore feeder fund, Kidron Opportunity Holdings I, Ltd.

Kidron launched the fund to give investors the opportunity to gain access to the unique deal flow the Kidron principals see in the context of their investment banking and corporate advisory activities. In addition, KOFI has tapped the expertise of two other seasoned professionals with strong backgrounds in a range of industries, including semiconductors, internet technologies, publishing, and education technologies and services.

KOFI will invest in companies primarily in TMT (technology, media and telecom), consumer goods (with a focus on retail technologies) and education (including products, services and software). The investments will range from early revenue stage to later stage private placements, PIPES, reverse merger transactions, and distressed situations. KOFI’s global network is expected to generate opportunities around the world, with the majority of its opportunities likely to be in the U.S., Asia, Eastern and Central Europe, and Israel.

KOFI intends to invest between $75,000 and $750,000 in up to fifteen companies. Portfolio company evaluation and post-investment value-added services will be facilitated by the diverse backgrounds of the principals, who collectively bring substantial experience as investors, operators, investment bankers, attorneys, and securities analysts working in or with private and public companies.

Mark Segall is the founder of Kidron Corporate Advisors LLC and the former CEO of Investec, Inc., which was the U.S. investment banking arm of a South African bank focused on emerging growth companies. He was also a partner in the law firm of Kramer Levin Naftalis & Frankel LLP.

Nick Wood is the founder and former CEO of Emosyn LLC, a fabless flash memory company in the smart card and security space, which was sold to SST in 2004. Mr. Wood led Emosyn from start-up to a profitable $60 million revenue company. He is now a managing director at Kidron Corporate Advisors LLC.

Jeffrey Fromm is a partner in the law firm of Eiseman Levine, specializing in private equity, mergers & acquisitions, and joint ventures. He is the founder and former President of KnowledgeQuest Ventures, a boutique financial advisory and management consulting firm serving the education industry, which was sold to MarketingWorks in 2004.

Byron Walker is the former executive director of equity research at UBS AG, an international investment bank. In that position he was instrumental in establishing the firm's worldwide semiconductor effort and was lead analyst coordinating global research for semiconductor production equipment. Mr. Walker will be managing the day-to-day operations of the fund.

Kidron Corporate Advisors LLC is headquartered in New York City. For more information about KOFI and Kidron Corporate Advisors LLC, visit http://www.kidronllc.com or contact Mark B. Segall, 212-752-4404, mark.segall@kidronllc.com.