August 28, 2005-  Ad.Venture Partners Completes IPO

Ad.Venture Partners (AVPA) completes its $54 million initial public offering.  AVPA was formed for the purpose of acquiring, through a merger, capital stock exchange, asset acquisition or other similar business combination, one or more operating businesses in the technology, media or telecommunications industries.  The management team consists of Howard Balter and Ilan Slasky and the Board of Directors consists of Lawrence Askowitz and Shlomo Kalish.