Houlihan Smith adds Joe Lunkes and Reginald McGaugh as Managing Directors
Chicago July 2008-Houlihan Smith & Company, Inc. ("Houlihan") has announced the appointment of Joe Lunkes as a Senior Managing Director and Reginald McGaugh as a Managing Director in the Chicago office.

Houlihan Smith Welcomes Barry Petersen and Aaron Roberts
Houlihan Smith & Company, Inc. ("Houlihan") has announced the appointment of Barry Petersen as a Managing Director, and Aaron Roberts, CFA, as a Senior Associate in the Chicago office.

Houlihan Smith Acts As Advisor In The Asset Sale Of Land Warfare Resource Corp.
CHICAGO, IL/ Springfield, VA (April 2008) Houlihan Smith & Company, Inc. (“Houlihan”) acted as exclusive sell side advisor for Land Warfare Resource Corporation.

Houlihan Smith & Company, Inc. comments on the release of Best Practices for the Hedge Fund Industry by the President’s Working Group on Financial Markets
April 2008 (Chicago/Washington, DC)Treasury Secretary Henry M. Paulson, who chairs the President’s Working Group (PWG”), announced today that the release of the Best Practices for the Hedge Fund Industry is coming “at the height of robust discussions about the need for market discipline.

Houlihan Smith & Company, Inc. addresses FINRA’s recent Regulatory Notice and Interpretive Letter on Auction Rate Securities (ARS).
April, 2008 (Chicago, IL/Washington, DC) FINRA recently issued Regulatory Notice 08-08 in response to developments in the market for Auction Rate Securities.

Houlihan Smith & Company is Leading Provider of Auction Rate Securities Valuations
Chicago, IL (April 2008) – Abuses in sub-prime mortgage lending have triggered a "crisis of confidence" in the U.S. credit markets, according to Federal Reserve Board Chairman Ben Bernanke.

Houlihan Smith Arranges $1.25 million Venture Debt Facility for PerceptIS, LLC.
CHICAGO, IL/Cleveland, OH (April 2008) Houlihan Smith & Company, Inc. ("Houlihan") acted as exclusive financial advisor and placement agent in arranging a $1.25 million venture debt facility for its client, PerceptIS, LLC.("PerceptIS"), as announced today by Charles Botchway, Group Managing Director.

Houlihan Smith Acts as Advisor in the Sale of Greenline Financial Technologies, Inc.
CHICAGO, IL (March 2008) Houlihan Smith & Company, Inc. acted as financial advisor in the sale of Greenline Financial Technologies, Inc. ("Greenline") to MarketAxess Holdings Inc. ("MarketAxess" /NASDAQ: MKTX).

Houlihan Smith Co-Sponsors Valuation in 2008 Panel
New York, NY (March, 2008) – Karl D’Cunha, Managing Director of Houlihan Smith & Company, Inc., (“Houlihan”) was a panelist at the Valuation in 2008: Fair Value Issues for Hedge Funds, Private Equity Funds and Corporate Transactions Seminar.

Houlihan Smith Acts as Exclusive buy-side Advisor in The Shade Group’s Acquisition of TRICO-USA, Inc.
CHICAGO, IL/ San Antonio, TX (February 2008) Houlihan Smith & Company, Inc. acted as exclusive buy-side advisor for The Shade Group Inc. ("TSG") in its acquisition of TRICO-USA, Inc. (TRICO)., as announced by Charles Botchway, Group Managing Director and Vice Chairman of Houlihan.

Houlihan Smith Arranges $1.5 million Credit Facility for The Shade Group,Inc
CHICAGO, IL/ Dallas, TX (February 2008) Houlihan Smith & Company, Inc. ("Houlihan") acted as exclusive financial advisor and placement agent in arranging a $1.5 million credit facility for its client, The Shade Group, Inc. ("TSG"), as announced today by Charles Botchway, Group Managing Director & Vice Chairman of Houlihan.

Houlihan Smith Introduces Asset Management Subsidiary
CHICAGO, January 2008 — Houlihan Smith & Company, Inc. (Houlihan) introduced its newly formed asset management subsidiary, Houlihan Fund Advisors. The announcement was made by Mr. Richard Houlihan CPA/ABV, ASA Chairman, and co-founder of Houlihan.

Houlihan Smith Named Exclusive Advisor, Placement Agent for Capitis China Bridge and Series A Financing
Chicago, IL (December 2007) – Houlihan Smith & Company, Inc. (Houlihan) will serve as the exclusive financial advisor and placement agent for the bridge financing and Series A Financing of Capitis China, it was announced by Charles Botchway, Vice Chairman of Houlihan.

Houlihan Smith Releases Solvency Compendium
Chicago, IL (December 2007) – Houlihan Smith & Company, Inc. (Houlihan) announces the release of the Solvency Compendium. The release was announced by Richard Houlihan, Chairman and co-founder of the firm.

Richard Houlihan featured in Dealmaker Magazine
CHICAGO, IL (December, 2007) - Richard Houlihan, Founder and Chairman of Houlihan Smith & Company Inc., is featured in the November/December issue of Dealmaker magazine.

Houlihan Smith Arranges Credit Facility for Karbach Holdings Corp.
Chicago, IL/Hobart, IN (November 2007) - Houlihan Smith & Company, Inc. (Houlihan) acted as the exclusive financial advisor in arranging a $2 million credit facility for Karbach Holdings Corp., it was announced by Charles Botchway, Vice Chairman of Houlihan.

Houlihan Smith & Co. Arranges A Credit Facility for U.S. Miniature Lamps Inc.
Chicago, IL/Indianapolis, IN (October 2007) Houlihan Smith & Company Inc. (Houlihan) acted as the exclusive financial advisor in arranging a credit facility for U.S. Miniature Lamps, Inc., it was announced by Charles Botchway, Vice Chairman of Houlihan.

Houlihan Smith Arranges a Credit Facility for TexMed Staffing, LLC.
CHICAGO and HOUSTON, Oct. 22 /PRNewswire/ -- Houlihan Smith & Company Inc. (Houlihan) acted as the exclusive financial advisor in arranging a credit facility for TexMed Staffing, LLC, it was announced by Charles Botchway, Vice Chairman of Houlihan.

Houlihan Smith Serves as Exclusive Advisor to Grocery Shopping Network on First Round of Financing
CHICAGO, IL (August 29, 2007) - Houlihan Smith & Company, Inc. ("Houlihan") acted as exclusive financial advisor to its long time client Grocery Shopping Network, Inc. ("GSN") for its Series A round of venture capital financing. The $7.0 million equity financing was led by VantagePoint Venture Partners, a leading Silicon Valley venture capital firm.

Houlihan Smith & Co. Advises Altran Technologies, in Sale of The Johnsson Group
Chicago (July, 2007) - Houlihan Smith & Company, Inc. acted as exclusive sell side advisor to Altran Technologies, S.A., an international consulting firm headquartered in Europe, in the sale of The Johnsson Group, Inc. to WMG Capital it was announced by Andrew Smith, President & Vice Chairman of Houlihan. WMG Capital is a unit of Chicago-based Waterstone Group Holdings, LLC. Terms of the deal were not disclosed.

Houlihan Smith Arranges a Credit Facility for BSC Enterprises, LLC.
Chicago, IL/Watertown, WI (July 2007) Houlihan Smith & Company Inc. (Houlihan) acted as the exclusive financial advisor in arranging a credit facility and equipment leasing facility for BSC Enterprises, LLC and BSC Equipment, LLC, also supporting their subsidiary, Clark Trucking, Inc., it was announced by Charles Botchway, Vice Chairman of Houlihan.

Houlihan Smith Obtains Line of Credit for Top Secret Custom Countertops Inc.
Chicago, IL/Greensboro, NC (June 2007) Houlihan Smith & Company Inc. (Houlihan) acted as the exclusive financial advisor in arranging a working line of credit for Top Secret Custom Countertops Inc., it was announced by Charles Botchway, Vice Chairman of Houlihan.

Houlihan Smith Arranges $2.7 million Credit Facility for DIY Shade,Inc.
CHICAGO, IL/ Dallas, TX (May 2007) Houlihan Smith & Company, Inc. ("Houlihan") acted as exclusive financial advisor and placement agent in arranging a $2. 7 million credit facility for its client, DIY Shade, Inc. ("DSI"), as announced today by Charles Botchway, Vice Chairman of Houlihan.

Houlihan Smith Acts As Buy-Side Advisor In The Acquisition Of The Operational Assets Of BP International Inc.
CHICAGO, IL/ DeLand, FL (May 2007) Houlihan Smith & Company, Inc. acted as exclusive buy-side advisor for DIY Shade Inc. dba Southern Shade Solutions. ("SSS") in its acquisition of the operational assets of BP International Inc. (BPI)., as announced by Charles Botchway, Vice Chairman of Houlihan.

Houlihan Smith Arranges $2,500,000 Credit Facility for Florida Trim Inc.
Chicago, IL/Haines City, FL (May 2007) Houlihan Smith & Company Inc. (Houlihan) acted as the exclusive financial advisor in arranging a credit facility for Florida Trim, Inc., it was announced today by Charles Botchway, Vice Chairman of Houlihan.

Rob Schlegel to speak at BVR Conference.
Wednesday, April 25, 2007 (audio conference)- Rob Schlegel, Managing Director of HOULIHAN SMITH & COMPANY, INC., will be aside Ashok Abbott and Shannon Pratt as one of the featured speakers on a telephone audio conference sponsored by Business Valuation Resources, LLC. The main topic will be "Discounts for Lack of Liquidity."

Houlihan Smith acts as exclusive advisor in the sale of The Healing Staff.
CHICAGO, IL/ San Antonio, TX (April 2007) Houlihan Smith & Company, Inc. acted as exclusive advisor in the sale of LisaMarie Fallon, Inc. dba The Healing Staff; it was announced by Charles Botchway, Vice Chairman of Houlihan.Featured in Yahoo! Finance: Go to article

Houlihan Smith Arranges $12.3 million Mezzanine Facility for ESA Environmental Specialists, Inc.
CHICAGO, IL/ Charlotte, NC (April 2007) Houlihan Smith & Company, Inc. acted as exclusive financial advisor and placement agent in enabling a $12.3 million mezzanine facility for its client, ESA Environmental Specialists, Inc. ("ESA")., it was announced by Charles Botchway, Vice Chairman of Houlihan.Featured in Yahoo! Finance: Go to article

Houlihan Smith & Co., presents to Northwestern University's School of Law
CHICAGO, IL ( February 2007) PRNewswire -- Andrew Smith, President/Founder and Karl D'Cunha, Senior Vice President of Houlihan Smith & Company, Inc., recently presented topics relating to fairness opinions and valuation to the Mergers & Acquisitions class at the Northwestern University School of Law.

Houlihan Arranges $1.5 Million Line of Credit for Hispanic Group Corp., Inc.
CHICAGO and MIAMI (February 2007) PRNewswire -- Houlihan Smith & Company, Inc. acted as exclusive financial advisor and placement agent in obtaining a $1.5 million line of credit for its client, Hispanic Group Corporation, Inc. ("Hispanic Group").

Houlihan Arranges $4.4 million Senior Debt Facility for Spectrum Plating Co.
CHICAGO, IL/ TORRANCE, CA (December 2006) Houlihan Smith & Company, Inc. acted as exclusive financial advisor and placement agent in obtaining a $4.4 million senior credit facility for its client, Spectrum Plating Company, Inc.

Houlihan Welcomes Karl D’Cunha
CHICAGO, IL (November 2006) - Houlihan Smith & Company, Inc. ("Houlihan"), a specialized investment banking firm that provides advisory, financing and valuation services to public and private businesses, today announced that Karl D'Cunha has joined the company as Senior Vice President in the Financial Opinions and Valuation Services practice areas.

Houlihan Arranges Senior Debt Facility for Popcorn Science
CHICAGO, IL/ VALPARAISO, IN (August 2006) Houlihan Smith & Company, Inc. acted as exclusive financial advisor and placement agent in obtaining a senior credit facility for its client, Great Lakes Packaging and Warehousing, Inc. ("Popcorn Science")., it was announced by Charles Botchway, Group Managing Director of Houlihan. The credit facility was provided by BankFinancial, a Midwestern financial institution headquartered in Burr Ridge, Illinois. Terms of the deal were not disclosed.

Houlihan Arranges $2.0 Million Revolving Line of Credit for Crown ESA, Inc.
CHICAGO, IL/ PORTAGE, IN (August 2006) Houlihan Smith & Company, Inc. acted as exclusive financial advisor and placement agent in obtaining a working line of credit for its client, Crown ESA, Inc., it was announced by Charles Botchway, Group Managing Director of Houlihan. The financing was provided by BankFinancial, a Midwestern financial institution headquartered in Burr Ridge, Illinois.