Boynton Beach, FL, October 02, 2010 — In a recent government filing, Imperial Funding admitted that interest rates charged to its customers average 17% per year, well above the industry averages. These rates put Imperial Funding – formerly marketed as “Washington Square Structured Settlements” – charging at the high end of the structured settlement factoring industry. Imperial’s August 12, 2010 filing was made with the federal government.

Upon questioning, Deborah Benaim, a twenty-year industry veteran and current Senior Vice President for Imperial, asserted that Imperial’s interest rates are even higher than reported, “averaging 18-20% per year”. This places Imperial among the most costly of factoring companies in the industry, offering its customers the least value. Industry speculation is that the new Consumer Financial Protection Bureau will have a dramatic, adverse impact on this industry.

According to a knowledgeable industry participant, these high discount rates cannot continue. As both sellers and courts become more aware of the financial abuse at the hands of certain factoring companies, they will either go out of business or will be forced to drastically reduce their rates. “Smart customers shop rates. Many judges question customers to ensure that they are getting a fair deal by requiring evidence of competitive shopping,” commented Stewart Feldman, an attorney long active in the industry throughout the U.S. Feldman cited RSL Funding and Henderson Receivables as offering among the best rates in the industry, with Peachtree and Imperial offering among the least value. “It’s not a surprise that the Imperial staff came from Peachtree. They know how to hammer customers,” commented Feldman.

When questioned in a pending legal proceeding as to how Imperial can offer such little value to its customers, Imperial’s Senior Vice President, Benaim, explained that Imperial spends upwards of $5,000,000.00 in marketing costs a year, including almost $4,000,000.00 on television advertising. According to an industry source, it is well known that customers that respond to television ads tend not to competitively shop, resulting in these customers receiving among the lowest prices paid. According to Benaim and the government filing, each customer, on average, bears $14,000.00 in marketing costs. One industry analyst figures that a customer not bearing this cost would receive on the average a full one-third more money up-front.

Imperial’s conduct has not gone unnoticed. In a recent court decision, the New York Supreme Court wrote that Imperial’s interest rates were “neither fair nor reasonable taking into account the actual amount [the customer] would be receiving. [The customer] would be receiving less than 1/3rd of the discounted present value . . . after legal fees and administrative fees”.

Things may be changing. In recent years, RSL Funding and Henderson Receivables have offered customers a better alternative. RSL informs customers that are the victim of particularly egregious charges from Imperial that there is an alternative and makes competitive bids for the purchase of their future payments. “We’ve offered customers as much of $50,000.00 more than competitors for the same future payments,” commented James Kelly, an RSL Funding’s Senior Account Executive. RSL’s Senior Account Executive, Derek Kopacz expressed, “When my customer received our offer of $35,000.00 more than Peachtree for the same future payments, he was ecstatic. When he received our check a few weeks later, I became his best friend. He couldn’t believe how badly he was being taken advantage of by Peachtree Settlement Funding.” Typically, RSL acquires payments free of fees and costs imposed on customers.

Attorneys for Peachtree and Imperial were asked for comments and corrections but offered no reply.

For further information, contact the Structured Settlement Institute (SSI), a not-for-profit organization established to educate sellers of structured settlements regarding fair and equitable practices among providers of structured settlement transfers.

Contact:
Paul McHugh
RSL Funding LLC.
Boynton Beach, FL
800-543-6513
pmchugh@rslfundingllc.com

http://www.rslfundingllc.com

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San Diego, CA, October 02, 2010 — Symbolic Collection announced today Singer has been named Botanical Artist in Residence during 2010 at the Huntington Botanical Garden in Pasadena and will be recognized during a reception on October 18. In addition to this honor, Dr. Singer has created a set of images exclusively for the Huntington known as the Huntington 100 or the H100. Prints from that series will be available exclusively by Symbolic Collection.

A truly eccentric artist, Singer has an eye for capturing nature with his Hasselblad digital camera to produce images that look like the product of old master painters of the 1600s. Singer is recipient of the Linnaeus silver medal and has been recognized for marrying art and science. He became the first photographer in history and fourth American to earn this award in its 104 year history. Singer is the recipient of a Hasselblad Foundation International Award in Photography, the photographer’s equivalent of the Nobel Prize.

Known for his exquisite large-scale prints in Botanica Magnifica, a five-volume set of books that feature single blooms of 250 of the world’s rarest plants created and presented only for the Smithsonian Institution’s National Museum of Natural History in Washington, D.C.

“Just as the finest classical painter attempted to make his brush stroke invisible, I attempt to capture these botanical specimens with a clarity and humility becoming an instrument serving a higher force,” said Singer. “Many of the most unusual species seen in Botanica Magnifica seem to be alien life forms but really are true treasures of our home planet.”

In September 2009, Singer joined with Dr. Kress and Hachadourian to create a collaborative book called Botanica Magnifica: Portraits of the World’s Most Extraordinary Flowers and Plants (Abbeville Press, September 2009). The book features photographs by Singer and text by Dr. Kress and Hachadourian. Please click here to see to an interview from CBS National News: http://www.cbsnews.com/video/watch/?id=4937453n

A private, nonprofit institution, The Huntington was founded in 1919 by Henry E. Huntington, an exceptional businessman who built a financial empire that included railroad companies, utilities, and real estate holdings in Southern California.
Huntington was also a man of vision – with a special interest in books, art, and gardens. During his lifetime, he amassed the core of one of the finest research libraries in the world, established a splendid art collection, and created an array of botanical gardens with plants from a geographic range spanning the globe.

These three distinct facets of The Huntington are linked by a devotion to research, education, and beauty. For more information, please visit www.huntington.org The Huntington is located at 1151 Oxford Road, San Marino, CA 91108, near Pasadena, California.

Symbolic Collection has always enjoyed a passion for the unique, specializing in investment quality, luxury collectibles. Symbolic Collection has two locations in San Diego – La Jolla and Sorrento Valley and is one division of Symbolic World, which includes Symbolic Motors – the world’s leading purveyor of exotic and luxury automobiles, Symbolic Watch – an International leader in the high-end, complicated watch and clock industry, Symbolic @ Scream London – a fine art gallery in London, and a New York City project space located in the Fuller Building. The gallery in La Jolla is open Monday through Saturday from 11 a.m. to 6 p.m. The Sorrento Valley space is by appointment only.

http://www.symboliccollection.com

http://www.screamlondon.com

http://www.symbolicmotors.com

http://www.symbolicwatch.com

Contact:
Jennifer von Stauffenberg
Olive PR Solutions, Inc
350 West Ash St #103
San Diego, CA 92101
619-955-5285
jennifer@oliveprsolutions.com

http://www.symboliccollection.com

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New York, NY, October 02, 2010 — Edcomm Banker’s Academy has recently updated its Performance Management training program for 2010. Items Processing: Performance Management has been revised as part of Edcomm Banker’s Academy’s ongoing commitment to providing the most up-to-date and pertinent financial services information to the global financial industry.

Efficiency in Items Processing has a greater impact on the bank’s bottom line than any other area within the bank. Therefore, a bank must maximize its employee’s performance by providing training that increases familiarity with items processing reports, improved comprehension of data analysis, and an understanding of the importance of standards and performance reviews.

Items Processing: Performance Management, from Edcomm Banker’s Academy, teaches managers and supervisors the tools needed to manage their operations staff. It covers the challenges of check processing, electronic check processing, statement processing and all other aspects of processing that your bank may encounter. Students will also learn how to read and analyze performance reports and to become familiar with items processing standards and strategies for maximizing employee performance. Items Processing: Performance Management contains interactive activities, illustrative scenarios and case studies to reinforce the skills and techniques needed to be an outstanding, motivational leader in operations.

For more information about programs like this, or to find out how The Edcomm Group Banker’s Academy can customize any training program, log onto www.bankersacademy.com or call +1.212.631.9400.

The Edcomm Group Banker’s Academy is a 23-year-old multimedia education and communication consulting firm specializing in the development of creative business solutions that improve productivity, customer service and market share – providing bottom-line results. The Edcomm Group Banker’s Academy has had the privilege of assisting many distinguished clients with business solutions in the form of eLearning programs, online bank training and classroom instruction, multimedia production and online and print based documentation. Edcomm Banker’s Academy offers many off-the-shelf and customized courses such as Teller Training, Compliance Training and Systems Training specifically designed for Banks, Credit Unions and Money Services Businesses (MSBs).

The Edcomm Group Banker’s Academy (www.bankersacademy.com) is headquartered in New York City with locations and representation throughout the world.

Contact:
Dr. Linda Eagle
Edcomm Banker’s Academy
21 Penn Plaza, Suite 1010
New York, NY 10001, USA
Tel:+212.631.9400
Fax: 212.631.0659
linda.eagle@edcomm.com

http://www.bankersacademy.com

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Wheeling, IL, October 05, 2010 — Stressin’ about the Recession? Receive a massage for just $25.00/75min. in these tough economic times. Tipping is optional.

Because not many people can afford it, The School of Massage Therapy at SOLEX Medical Academy is offering seventy-five minute massages performed by their trained massage therapy students for just $25.00. The student massage clinic gives students the chance to gain experience working on a variety of people with the confidence of having instructor supervision.

The student clinic at The School of Massage Therapy at SOLEX is one of the best kept secrets of the north Chicago suburbs. The student clinic has a warm, relaxing atmosphere with students who actually know how to give great professional massages. Nowhere else can you find a GOOD massage at this price. Take advantage of this today.

Call 847-229-9595 for an appointment or visit The School of Massage Therapy at SOLEX located at 350. E Dundee Rd #207 in Wheeling, IL 60090

Stephanie Powers
The School of Massage Therapy at SOLEX Medical Academy

Contact:
Stephanie Powers
The School of Massage Therapy at SOLEX
350 E Dundee Rd #207
Wheeling, IL 60090
847-229-9595
massage@solex.edu

http://massage.solex.edu/

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Fremont, CA, October 05, 2010 — The Software Technology Park of India (STPI) awarded Beta Soft Systems its Award for Excellence for Highest Export “ IT Enabled Services (ITeS) in a ceremony held in Chandigarh, India. STPI was set up by the Ministry of Communications to promote and encourage software exports from India and has been the catalyst for the rapid growth of IT and ITeS in India. We are very honored to have received this top award from our native country, said Beta Soft Systems President Ritu Mangla. When we created this business in 2005, we made the decision to only hire the most talented people and work with exceptional clientele. As a result, our business has grown rapidly and we have expanded our operations to include a highly successful center in Chandigarh.

Beta Soft Systems (BSS) provides end-to-end business solutions for dynamic environments where business and technology converge. BSS offers a number of IT consulting services focused on application development, business process management, quality assurance (QA), business analysis, configuration management and Web products and services. They specialize in four primary verticals: Business Analysts and QA; SAP, Data Warehousing and Java; Networking, Data Base Administration, Oracle Applications, Administrators, and Security; and PeopleSoft, .Net and SharePoint.

According to the Bureau of Labor Statistics, the IT unemployment rate was 5.5% in June compared to an overall U.S. unemployment rate of 9.5%. Like other IT consulting companies, we are always in need of quality software engineers, “said Beta Soft Systems Vice President Vishal Mangla. We have been fortunate to work with some highly recognizable U.S. and international clients and are expanding our work from the business sector into government work. Software engineers interested in possible consulting employment with Beta Soft Systems can email the company at jobs@betasoftsystems.com; companies interested in engaging the services of Beta Soft Systems can email them at corporate@betasoftsystems.com.

About Beta Soft Systems
Beta Soft Systems is a full-service Information technology development and consulting company with main offices in Fremont, CA. The company was established in 2005 and is a privately held certified Minority Owned Business Enterprise (MBE) and Women Owned Business Enterprise (WBE). Beta Soft Systems specializes in delivering superior quality consulting and staffing solutions to client partners, enabling them to compete in today’s competitive and dynamic business environment. For more information, please visit www.betasoftsystems.com or contact ritu@betasoftsystems.com .

Press Contact:
Ritu Mangla
Beta Soft Systems Inc.
Fremont, CA
510-744-1700 Ext 200
ritu@betasoftsystems.com

http://www.betasoftsystems.com

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Los Angeles, CA, October 06, 2010 — Fairies With Children (The Yes on hate Episode) opens October 22nd at the Meta Theatre on Melrose. The show is a drag musical spoof of the popular 90s sitcom. A group of gay activists move to the suburbs disguised as the famous American sitcom family to better understand conservatives. Unknowingly, they find a foreclosed upon home right next door to Senator Bavid Breier and his live-in … Assistant. The character of Senator Bavid Breier is loosely based on Congressmen David Dreier, once a Republican favorite until he was ousted from his closet by Mike Rogers on his BlogActive website and in the movie “Outraged”. A portion of each ticket will go to the Human Rights Campaign. More information can be found at www.fairieswithchildren.com

According to writer John Trapper, “the character is actually a composite of several closeted hypocrites we’ve seen over the last several years.” Trapper says he spent a lot of time imagining how painful that it must be for both Dreier and his Chief of Staff living a life that is not only a lie, but spent working against their own freedoms (as Dreier has a long record of anti gay votes). “In the show, we look inside the mind of Brad Smith through our character Chad the Assistant, who doubles as Marcy Darcy for the purposes of keeping their close relationship a secret. In our story, Chad loves Bavid so much that he does anything for him, but really dreams of a complete fulfilling life out of the closet.”

Trapper surprisingly has a lot of positive things to say about Dreier, “he is a very charismatic Politician, nice to look at, and very intelligent. It is my greatest hope that he will soon walk the path of Ken Mehlman and come out where he can do some good for the whole community. I believe if he did come out, and did so in the right way, he’d still be elected and a great asset to our community … of course he’d have to start voting differently.”

Dreier isn’t the only one to get spoofed in this show. Theatre goers will get to see and hear about their favorite Fox News personalities during a musical tribute called “Good Morning Fox and Friends” sung by Donna Pieroni one of the original fat women from the TV series Married With Children. In this show, she plays an over zealous tea party member who “doesn’t need friends cause she has the whole gang at Fox News”. In the off chance Theatre goers may have forgotten some of the famous hypocritical and stupid conservative quotes from recent years, they’ll get some of those in this show too.

WideStance Productions was founded to bring gay content in a way that people can get a peek into a world they wouldn’t otherwise see. “We try to keep them too busy laughing to notice they’re being taught tolerance”. The troupe’s last production “The Golden Gays” was a hit in Los Angeles and even traveled to the home of the famous foursome South Beach Florida.

Contact:
Bug Bundy
Fairies With Children
P.O. Box 3604
Long Beach, CA 90803
424-298-0100
press@widestanceproductions.info

http://www.fairieswithchildren.com

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New York, NY, October 06, 2010 — Levi & Korsinsky is investigating the Board of Directors of American Community Bancorp, Inc. (“American Community” or the “Company”) (OTCBB: ACBP) for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to sell the Company to German American Bancorp, Inc. (“German American”) (NasdaqGS: GABC). Under the terms of the transaction, American Community common shareholders will receive 0.725 shares of German American common stock and $2.00 in cash for each share of American Community stock they own. Based upon the closing price of German American’s common shares on October 4, 2010 ($16.70), the transaction values American Community stock at approximately $14.11 per share with a total transaction value of approximately $27.9 million. Click here to learn how to join the action: http://www.zlk.com/americancomm-acbp.html, or call: 877-363-5972.

The investigation concerns whether the American Community Board of Directors breached their fiduciary duties to American Community stockholders by failing to adequately shop the Company before entering into this transaction and whether German American is underpaying for American Community shares, thus unlawfully harming American Community stockholders.

If you own common stock in American Community and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://www.zlk.com/americancomm-acbp.html.

Levi & Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major litigations involving mergers and acquisitions. For more information, please feel free to contact any of the attorneys listed below.

Contact: Levi & Korsinsky, LLP, Joseph Levi, Esq., Eduard Korsinsky, Esq., 30 Broad Street – 15th Floor, New York, NY 10004
Tel: (212) 363-7500, Toll Free: (877) 363-5972, Fax: (212) 363-7171, www.zlk.com

Contact:
Jared Morine
Levi & Korsinsky, LLP
30 Broad Street, 15th Floor
New York, NY 10004
212-363-7500
jmorine@zlk.com

http://www.zlk.com

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San Diego, CA, October 06, 2010 — The 24-hour Survivor Crop for the Cure is back to raise funds for breast cancer awareness and research through Susan G. Komen for the Cure®, San Diego. Attendees will be crafting and scrapbooking beginning at 9:00 a.m. on October 16 to 9:00 a.m. on October 17. Sponsored by North County-based Ever After Scrapbooks, this fun-filled event is held at Ever After Scrapbooks and The Creekview Plaza, located just behind the store. Scrapbooking will officially kickoff at noon!

This year, the Survivor Crop organizers have set a goal of raising $70,000 by adding additional fundraising opportunities, including a silent auction. Each attendee is required to make a minimum $125 donation to Komen San Diego, but the passionate participants are also given incentives to compete for Ultimate Survivor (highest fundraiser) individually and as a team. With the fun-raising meter rising by the hour, over $21,000 has been raised so far. This is the second year that participants have the capability to raise funds online, so anyone, anywhere, anytime can conveniently contribute to support a participant. Also, the event will feature the Ever After Scrapbooks’ Think Pink Silent Auction, which includes products donated by Sony and includes a variety of crafting materials.

This unique event, which brings together crafters of all types, but especially scrapbookers and paper crafters with a common interest in helping Susan G. Komen for the Cure®, San Diego in its mission to eradicate breast cancer forever, has raised more than $400,000 since its inception in 2001.

“Breast cancer affects women in their most productive years. With current statistics suggesting that one in eight women will develop breast cancer, it is more important than ever to raise awareness and do everything we can to help find the cure,” said Camille Akin, founder of Ever After Scrapbooks. “We are thrilled that we can continue to support Susan G. Komen for the Cure®, San Diego in its efforts during Breast Cancer Awareness Month. We are proud that our fun event is not only a great opportunity for people to gather and share their passion for scrapbooking, but also an impactful contribution to the fight against a disease that has touched so many lives.”

As more and more people become involved in this hobby many people have started participating in crops. A crop can best be described as something of a quilting bee in which hobbyists come together to scrapbook, share tools and ideas, as well as to socialize and have fun. Crops can last from a few hours, to a full weekend, or even a full week aboard a cruise ship.

To register for the 2010 Survivor Crop or for more information on donating to the event, please visit www.survivorcrop.com , www.komensandiego.org, or www.everafterscrapbooks.com.

About Susan G. Komen for the Cure®, San Diego
Since its inception in 1995, $8.5 million has been given to local organizations that provide breast cancer education, screening, diagnostics, treatment and patient support for the uninsured or underinsured in San Diego County. Seventy-five percent of every dollar raised through Affiliate-sponsored events stays right here in San Diego County to fund free diagnostic mammograms, treatment and services for uninsured and underinsured women and their families. The remaining 25 percent funds international breast cancer research. In fact, next to the U.S. government, Susan G. Komen for the Cure® is the largest funder of breast cancer research in the world. For more information, please visit www.komensandiego.org.

Why is the Race for the Cure® so important to San Diego County?
Since launching the breast cancer movement more than 30 years ago, Komen for the Cure has transformed the culture – bringing breast cancer out of the closet – changing the way the world talks about and treats this devastating disease. During the journey, it was often controversial and considered inappropriate to discuss diseases of the breast openly. We’ve come a long way – but we face new challenges. Here in San Diego County, many underserved women find breast cancer at a later and more aggressive stage and have a higher mortality rate. Still others have lost their jobs and can’t afford medical insurance. All of this is compounded by the California state budget crisis which forced the closure of the only free mammogram program open to women in this state. So, we’re doubling our efforts here at Komen San Diego to do what we can to raise additional funds.

Did you know?
One in eight women will be diagnosed with breast cancer in her lifetime.
The most significant risk factors are being a female and getting older.
Breast cancer doesn’t discriminate.
Breast cancer typically strikes women during their most productive years, both professionally and personally.
Breast cancer is the leading cause of cancer death in U.S. women ages 40-59.
Men can get breast cancer, too. One percent of breast cancer diagnosis will be in male patients.

About Ever After Scrapbooks
Ever After was born in May of 1999 husband and wife team, John and Camille Akin,
For nearly twelve years, Ever After Scrapbooks has been serving San Diegans and its many out-of-town visitors. Ever After Scrapbooks is a true creative destination that has its own demo center and huge classroom. The 4,000 square foot location is at the center of North San Diego County’s Tri-City Area (Carlsbad, Oceanside & Vista). They carry a wide variety of paper crafting scrapbooking supplies and have both themed and manufacturer sections, something that sets them apart from other stores. They carry the latest and greatest paper crafting supplies and their friendly staff is always ready to help find the exact match of paper or embellishment for projects. They have the largest die cutting center in the county and both parents and their kids love to use this for school projects. www.everafterscrapbooks.com

Contact:
Rachel Wiley
Olive PR Solutions
350 W. Ash St #103
San Diego, CA 92101
(619) 955-5285
rachel@oliveprsolutions.com

http://www.komensandiego.org/

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The Woodlands, TX, October 06, 2010 — The United States GIS Data Repository (USGDR), a not-for-profit organization dedicated to “Making Public Data Public”, has partnered with TractBuilder to provide Central Appraisal Districts and certain other county-level GIS programs free licenses of the TractBuilder Tools for ArcGIS, a set of tools counties can use to map polygons and lines according to legal descriptions.

Many government departments are feeling the economic crunch, and there are several documented cases where a GIS has helped counties to plan, zone, and tax with increased efficiency, helping these departments to perform exceptionally, even in a downturn. Kyle Souza, a Director of the USGDR, explains “We are here to help. Counties, large and small, all over the country, have to re-evaluate their budgets. Let us help you. Our partnership with TractBuilder means free software, FREE! Even if you are under contract with another vendor, try this software at no cost, and see how much time and money it can save you. Some counties have already realized the merits of these tools and are happily using them to create their parcel layers.”

Run entirely off donations, the USGDR hosts GIS data for different government organizations at no cost. We would be happy to host yours as well. For details on the TractBuilder Tools Offer or hosting, or to receive your free software, e-mail info@usgdr.org.

Here is a summary of the tools being offered:

Metes & Bounds Tool:

1. Integrated Attribute Entry
2. Text-to-Polygon Conversion
3. Curve calls (Delta, Chord, Arc Length; with or without tangents)
4. XY/Lat Lon calls (handles multiple projections in a single layer)
5. Ability to set a distance factor and offset angle per feature or per point.
6. Mix auto-convert, hand drawing, guided entry, and free hand entry.
7. Extract the metes and bounds of an existing feature (including curves).

Quartering Tool:

1. Integrated Attribute Entry.
2. Standard Calls (NE4, S2 S2, SE2 SW4, etc)
3. Less & Excepts and Joined features (NW4 Less NW4 NW4, S2 And SW4 NW4, etc)
4. Distance calls (The North 200 FT, The South 12 Acres)
5. Works on irregular sections and many other shapes (such as parcels, for easements).

We are always looking for quality partners, if your company or government organization would be interested in partnering with the USGDR please email info@usgdr.org, or call 832-38-3097.

About the United States GIS Data Repository

Mission
The mission of the United States GIS Date Repository is to facilitate the distribution of public data. We do this by forming lasting relationships with state, county, and city government organizations, partnering with private companies, and listening to individuals who use GIS data.

Vision
The Vision of the USGDR is to see a community of GIS professionals, government organizations, and private companies working together to provide all sectors critical information that if geographic in nature.

Bio
The USGDR was founded in 2009, with TractBuilder, LLC as the Premier Sponsor. Brian Klawinski, Alicia Klawinski, and Kyle Souza volunteered to lead the organization on its mission of “Making Public Data Public.”

About TractBuilder
TractBuilder is a GIS software and services company, based in The Woodlands, TX. TractBuilder is best known for its unique tools used to map legal descriptions in ArcMap. Using the TractBuilder Tools for ArcGIS users can efficiently map lines and polygons according to quartering/aliquot and metes & bounds descriptions. TractBuilder also offers GIS drafting services, custom ArcGIS programming, and web portal design. More information can be found at http://www.tractbuilder.com, or contact them at 1-866-95-TRACT or sales@tractbuilder.com.

Press Contact:
Kyle Souza
The United States GIS Data Repository
2441 High Timbers, Suite 300
The Woodlands, TX 77380
832-308-3097
info@usgdr.org

http://www.usgdr.org

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New York, NY, October 06, 2010 — Levi & Korsinsky is investigating the Board of Directors of Capital Gold Corporation (“Capital Gold” or the “Company”) (AMEX: CGC) for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to sell the Company to Gammon Gold, Inc. (“Gammon Gold”) (NYSE: GRS). Under the terms of the transaction, each common share of Capital Gold will be exchanged for 0.5209 common shares of Gammon Gold and a cash payment in the amount of $0.79 per share. The total consideration for the purchase of 100% of the fully diluted in-the-money shares of Capital Gold is approximately $288 million or $4.57 per Capital Gold share based on Gammon Gold’s closing price on September 24, 2010. Click here to learn how to join the action: http://www.zlk.com/capitalgold-cgc.html, or call: 877-363-5972.

The investigation concerns whether the Capital Gold Board of Directors breached their fiduciary duties to Capital Gold stockholders by failing to adequately shop the Company before entering into this transaction and whether Gammon Gold is underpaying for Capital Gold shares, thus unlawfully harming Capital Gold stockholders. In particular, at least one analyst set a price target for Capital Gold stock at $8.74 per share.

If you own common stock in Capital Gold and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://www.zlk.com/capitalgold-cgc.html.

Levi & Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major litigations involving mergers and acquisitions. For more information, please feel free to contact any of the attorneys listed below.

Contact: Levi & Korsinsky, LLP, Joseph Levi, Esq. Eduard Korsinsky, Esq. 30 Broad Street – 15th Floor, New York, NY 10004, Tel: (212) 363-7500, Toll Free: (877) 363-5972, Fax: (212) 363-7171, www.zlk.com

Press Contact:
Jared Morine
Levi & Korsinsky, LLP
30 Broad Street, 15th Floor
New York, NY 10004
212-363-7500
jmorine@zlk.com

http://www.zlk.com

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