JERSEY CITY, NJ – July 18, 2007 – Yorkville Advisors LLC, the investment manager to Cornell Capital Partners – a private investment firm that specializes in structured finance and direct investments – today announced that Richard Y. Roberts has been appointed to the Board of Directors of Cornell Capital Partners Offshore.

“Rick’s extensive regulatory and legislative experience is a significant asset and his presence on the Board will be extremely valuable to our firm in that regard,” said Mark Angelo, President and Founder of Yorkville Advisors.

From 1990-1995 Mr. Roberts served as a Commissioner of the U.S. Securities and Exchange Commission (SEC). In addition to his service at the SEC, from 2002 to 2004 Mr. Roberts served as a member of the District 10 Regional Consultative Committee of the National Association of Securities Dealers, Inc., and from 1999 to 2001, he served as a member of the Market Regulation Advisory Board of the NASD and from 1996 to 1998 he served as a member of the Legal Advisory Board of the NASD. Mr. Roberts was a partner at the law firm of Thelen Reid & Priest, from 1997 until March 2006.

Prior to his tenure at the SEC, Mr. Roberts was the Chief of Staff and the Legislative Director to former Congressman and Senator from Alabama Richard C. Shelby. He received a Bachelors degree in Electrical Engineering from Auburn University, a J.D. from the University of Alabama School of Law and a Master of Laws from the George Washington University Law Center.

Currently Mr. Roberts is a partner at Roberts, Raheb & Gradler, a regulatory and legislative consulting firm he co-founded in March 2006, where he provides legal, consulting and advisory services to clients on issues relating to financial institution regulation and legislation.

The addition of Mr. Roberts brings the Offshore Board to six directors.

About Yorkville Advisors/Cornell Capital Partners
Founded in 2001, Cornell Capital Partners, L.P., is a private investment firm that specializes in structured finance and direct equity investments in private and public companies. According to Knobias Pipe Trac, Cornell was one of the most active investors in the U.S. in terms of the number of structured equity financings in 2006. Cornell structured over $800 million in committed equity capital in over 100 transactions in the U.S. and around the globe within the last 12 months. Yorkville Advisors LLC is the Investment Manager to Cornell Capital, which is headquartered in Jersey City, NJ, and has offices in London, San Diego, CA, and Jupiter, FL. and joint venture arrangements in Milan and Tel Aviv.