CONTACT:
Fred Jager, Hunter Wise
fjager@hunterwise.com
Ling Plancon, Hunter Wise
lplancon@hunterwise.com
Paul Knopick
E & E Communications
(949) 707-5365
pknopick@eandecommunications.com
For Immediate Release
Hunter Wise Financial Group, LLC Announces New Office in China; Part of Major 2008 Expansion Program
IRVINE, California January 29, 2008 - Hunter Wise Financial Group, LLC, is pleased to announce that it has opened an office in Beijing, China, as part of its major U.S. and international expansion program.
Ling Plancon was named Senior Vice President for Hunter Wise in China. She has worked as a consultant for U.S. investment firms in China and as Chief Representative of the Beijing office of Pearson-Ellis, a Chinese educational subsidiary of NYSE-listed $12 billion Pearson plc., headquartered in the United Kingdom. Among other transactions, Ms. Plancon helped arrange Tiger Global.s pre-IPO investment in New Oriental Education and Technology Group Inc., now the largest provider of private educational services in China and a $2.8 billion NYSE-listed company.
Ms. Plancon also served as Senior Trade Representative for the State of Utah in China, was Chief Representative of the Beijing office of New York-based Evergreen Enterprises, Inc. and began her career with the Beijing International Trade Promotion Associations. She is a graduate of China's Yunnan University with a degree in International Trade.
"Hunter Wise recently announced that it served as sole placement agent for a $17 million funding of Chinese pork producer Dalian Chuming. Our ability to do transactions in China greatly increases with the opening of our Beijing office and the appointment of Ling Plancon, who has helped arrange numerous significant transactions in China," said Fred Jager, President, Hunter Wise Financial Group, LLC.
Mr. Jager said that Hunter Wise will add three new locations in the U.S. in the East and Southeast by the summer of 2008 for a total of 11 offices in America. Besides China, Hunter Wise currently has offices in Canada and England and will add locations in both Europe and Asia this year.
"We also are continuing our affiliate relationships with firms similar to ours in 17 Western and Eastern European locations," Mr. Jager said. "This expansion is crucial to increase Hunter Wise's exponential growth. We are now branded as the investment banking firm for the mid-market sector, with the highest quality level of institutional financing, merger, acquisition, divestiture and advisory services for small to medium-sized public companies and selected middle market privately-held businesses."