LAVA China Factor to Feature Successful Investment Strategies in the Middle Kingdom

Los Angeles , CA – October 5, 2006 – The Los Angeles Venture Association (LAVA) today announced The China Factor scheduled for October 26 at the Regency Club in Westwood, Los Angeles . More than one hundred of investment professionals and Chinese entrepreneurs are expected to attend to share the ir visions on the public and private market opportunities from the rise of China as a major economic power.

“The second annual China Factor will bring the latest perspectives on investing in the fastest growing major economy on the globe,” said Crocker Coulson , event cha ir of the China Factor and president of CCG Investor Relations. “As vibrant private enterprises, continued strong Foreign D ir ect Investment, and growing domestic consumption drive a blistering pace of expansion, venture capital, private equity, and public market investors are all looking at how to find the next ‘China Play.' The China Factor is designed to provide the right platform for all parties to discuss profits and perils of investing in China . ”

The afternoon meeting will feature a lineup of stellar panelists at three exciting panel discussions, covering China 's rapid economy growth, venture capital opportunities in the region and strategies to invest Chinese stocks:

• Macro-Economic Mash Up
  • Panelists: Donald H. Straszheim , Vice Cha ir man of Roth Capital Partners;
  • Perry Wong, Senior Managing Economist, The Milken Institute.

• Venturing Eastwards
  • Panelists: George P. Koo, D ir ector of China Services, Deloitte & Touche LLP;
  • Eric Chen , Vice President, WI Harper;
  • Stephen Welles , Associate, Wilson Sonsini Goodrich & Rosati;
  • Moderator: Paula Beroza , Managing D ir ector, Sierra Asian Partners

• Red Chips and Hot Stocks
  • Panelists: Timothy Halter , Cha ir man and CEO of Halter Financial Group, LP;
  • Jackie Kazmerzak , CFO of Diguang Int'l Dev (OTC BB: DGNG.OB);
  • Johnson YN Lau, Managing D ir ector of Roth Capital Partners;
  • Li Tang , CFA Senior Research Analyst, Pacific Crest;
  • Scott Hood, CFA , President and Portfolio Manager, F ir st Wilshire Securities Management;
  • Moderator: Crocker Coulson , President, CCG Investor Relations

Other speakers to be announced. Networking opportunities and cocktails will also be included.

About LAVA

The Los Angeles Venture Association (LAVA) is the oldest, most successful organization focused on the financing of companies from start to exit. Since 1985 LAVA has been promoting the development and financing of emerging growth and middle market companies by organizing dynamic forums where entrepreneurs and executives actively meet and learn from fellow executives, investors, bankers, financial advisors and other providers of professional services. For more information, visit www.lava.org.