Paul Hastings Bolsters Securities and Capital Markets Practice with Addition of Leading Practitioner Vince Pisano

July 30, 2007

Paul Hastings Bolsters Securities and Capital Markets Practice with Addition of Leading Practitioner Vince Pisano

New York, NY (July 30, 2007) Paul, Hastings, Janofsky & Walker LLP, a leading international law firm, is pleased to announce that Vince Pisano, formerly of Kirkland & Ellis LLP, has joined the firms Securities and Capital Markets Practice as a Partner, resident in the New York office. Mr. Pisanos practice encompasses a wide range of U.S. and international securities and capital markets expertise including leveraged buyout and other acquisition financings, initial public offerings, high yield debt and convertible financings, special product development and other public and private offerings. He also serves as a general securities law and corporate governance advisor to a variety of public companies and investment banks.

As the capital markets become more sophisticated and global in scope, the demand for experienced lawyers who understand the complexities involved is dramatically increasing," said Bill Schwitter, Capital Markets Practice Co-Chair. The arrival of Vince, a leading capital markets practitioner, will substantially enhance our practice capabilities to meet increasing client demand, to capitalize on cross border work in collaboration with our London office and to enhance our robust Asia presence, particularly in the leveraged finance area. In addition, Vinces strong relationships with a number of leading investment banks will allow us to broaden our representation of these key clients, a strategic goal of our practice.

Mr. Pisano has represented underwriters including Bear Stearns, Credit Suisse, Deutsche Bank, Barclays Capital, Morgan Stanley, Citigroup, Bank of America, Merrill Lynch & Co., JP Morgan, Lehman Brothers and Goldman Sachs. Mr. Pisano also acts as designated underwriters counsel for News Corp., Avis Budget Group, Wyndham and Travelport.

Paul, Hastings, Janofsky & Walker LLP, founded in 1951, is a leading international law firm with over 1,200 attorneys in 18 offices. The firm serves a diverse client base including many of the leading global financial institutions and Fortune 500 companies and offers deep capabilities in capital markets, finance and restructuring, intellectual property, international arbitration and dispute resolution, investment management, labor and employment, mergers and acquisitions, private equity, product liability, project finance, real estate, securities litigation and tax advisory services. For additional information, please visit our website at www.paulhastings.com.