Stonebridge Associates Announces the Promotion of Annette Vaughan to Principal

September 30, 2007 - Stonebridge Associates today announced the promotion of Annette Vaughan to Principal of the firm.

“Annette has been a very important part of the Stonebridge team, and we’re pleased to be able to recognize her talent, capabilities, and contributions with this promotion,” said Rich Harvey, president of Stonebridge Associates. “Annette has participated in a wide range of transactions and engagements throughout her tenure at the firm. Her skills and capabilities are especially apparent in the leadership roles she has played in originating client transactions.”

Prior to joining Stonebridge Associates, Ms. Vaughan received her M.B.A. from the F.W. Olin Graduate School of Business at Babson College where she was named an F.W. Olin Fellow. Previously she was Legislative Director for New Hampshire Congressman Charles F. Bass in the U.S. House of Representatives and a Summer Associate at Fidelity Ventures. Ms. Vaughan graduated with a B.S. in Business Administration and Economics from the University of New Hampshire.

About Stonebridge Associates, LLC

Stonebridge Associates, LLC is a FINRA-registered investment banking firm that provides creative solutions to the corporate finance needs of middle market companies. Stonebridge Associates offers an extensive and diverse base of investment banking experience in assisting middle market and emerging growth companies in mergers and acquisitions, private placements of debt and equity securities, fairness opinions, and other strategic and financial advisory assignments. Stonebridge Associates is focused on providing its clients with the highest level of professional service in achieving their desired corporate, financial, and strategic goals. The firm’s division, Stonebridge Technology Associates, specializes in raising equity capital and providing merger and acquisition advisory services to software, hardware, Internet, healthcare, and other technology product and service companies. To learn more about Stonebridge, please visit our website at www.stonebr.com.