Melville, NY – February 11, 2014 – The Long Island Capital Alliance (“LICA”), the leading non-profit capital formation and business development organization serving regional companies, today announced the presenting companies and panelists for its Technology Company Capital Forum to be held on Friday, March 7, 2014. The capital forum is being held in an effort to facilitate raising capital to accelerate the growth of businesses on Long Island.

Management of local technology companies will present their business plans to investors, including attendees from venture capital firms, investment banks, private equity firms, angel and other individual investors. Each of the companies LICA selected for presentation at the capital forum possesses unique technologies and catalysts for significant growth which will be attractive to investors.

“This is one of the strongest lineups of presenting companies and panelists that we’ve ever hosted at one of our capital forums, and the preliminary attendance figure nearly four weeks ahead of the event is at a record level,” said Neil Kaufman, Chairman of LICA. “The technology sector on Long Island is thriving and we are excited to showcase investment opportunities involving cloud-based software-as-as-service, internet applications, digital media, online advertising, manufacturing technologies, mobile devices and healthcare IT.”

A panel of investors who have put capital to work and raised capital for early and later stage technologies companies will assess and discuss the market potential and investment merits of each presenting business and the investment climate for the specific market addressed by technologies they represent.

Technology Company Capital Forum on March 7, 2014 – Participants

Panel of Investors

The following investment professionals will participate in the investor panel at the Technology Company Capital Forum:

Michael Taglich, Taglich Brothers: Michael Taglich is a capital markets veteran with more than 27 years of financial industry experience. He is the Chairman and President of Taglich Brothers, Inc., a New York City and Huntington, Long Island, New York based securities and private equity firm which he co-founded in 1992. Taglich Brothers focuses on public and private micro-cap companies in a wide variety of industries. Mr. Taglich serves on the Board of Directors of Bridgeline Digital, Inc. (NASDAQ: BLIN), a leader in web engagement management, and is Chairman of the Board of Bay Shore, Long Island-based Air Industries Group (NYSE MKT: AIRI), among other board level appointments.

Swatick Majumdar, Digital Entertainment Ventures: Swatick Majumdar is a Managing Director of Digital Entertainment Ventures, a startup and early stage capital investment firm focused on companies that transform media and entertainment. Previously he was with Chatsworth Securities, a Greenwich, CT-based boutique investment bank. At Chatsworth, Mr. Majumdar focused his investment banking activities on the US-India corridor where he helped execute numerous successful financings in various sectors including Technology, Media and Telecommunications, Renewable Energy, Biotechnology and Medical Devices. Earlier, he held key positions at Janney Montgomery Scott, LLC and Josephthal & Co. He was also an entrepreneur and founder of Riverhead Sports Management, a hospitality and entertainment company. Mr. Majumdar received his Masters Degree in Applied Economics from University of Lucknow, India and a Masters Degree in Computer and Management Information Systems from University of Central Texas (A&M Central Campus).

John Ason, Investor: John Ason has been a professional investor for over 16 years, specializing in early stage pre-revenue companies. He has made over forty investments in the areas of e-commerce, technology, advertising, digital social media and entertainment. Earlier, he worked for over 25 years at AT&T in engineering and international business development positions. During this period, he made over 100 trips to the Far East, often as part of his work with “bleeding edge” technologies, something that became useful upon his transition into investing. Mr. Ason graduated from IIT with degrees in Mathematics and Anthropology.

Steve Lichaw, Aegis Capital: Steve Lichaw is a Managing Director in the Stern Aegis Group of Aegis Capital, which focuses on assisting private growth companies to raise capital and eventually go public. He has been active on Wall Street for over 20 years. Prior to joining Aegis Capital, Mr. Lichaw was President of Cayuga Advisors, a boutique investment bank that advised companies on reverse mergers and PIPES. Prior to Cayuga, Mr. Lichaw was a Vice-President in the Investment Banking Group at H.C. Wainwright. Mr. Lichaw has served as an Analyst, Head of Institutional Sales/Trading, and Vice President of Investment Banking at Ladenburg Thalman. He has originated and placed securities valued at over $500 million for companies in technology, consumer products and healthcare. Mr. Lichaw holds an M.B.A. from The Johnson School of Business at Cornell University and a B.S. in Economics & Finance from the Barney School of Business, University of Hartford.