Paul Hastings Strengthens Capital Market Practice With Addition of Robert Claassen

March 21, 2007

Paul Hastings Strengthens Capital Market Practice With Addition of Robert Claassen

New York, NY (March 21, 2007) - Paul, Hastings, Janofsky & Walker LLP, a leading international law firm, is pleased to announce today that Robert Claassen, formerly of Wilson Sonsini Goodrich & Rosati, has joined the firm's Capital Markets Practice as a partner, resident in the Palo Alto office. Mr. Claassen's practice focuses on the representation of investment banks, as well as large and middle-market public and private companies, emerging growth companies and venture capitalists in securities and capital market transactions.

"The growth of Paul Hastings global capital markets practice is a top priority for the firm," said Bill Schwitter, Capital Markets Practice Co-Chair. "Robert's extensive experience in representing leading investment banks and large public companies provides our practice with deeper bench strength to serve our clients in all of their legal needs. In addition, Robert will be a potent force in helping to build our capital markets expertise in Silicon Valley and throughout Northern California."

Prior to joining Paul Hastings, Claassen was a partner in Wilson Sonsini's corporate and securities department. He has broad experience with many types of corporate transactions, including public and private securities offerings, leveraged buyout transactions, convertible bond offerings, high-yield bond offerings, venture capital investments, private equity, call spreads, and derivative securities, representing such top-tier investment banks and large public companies as Goldman Sachs, Merrill Lynch, Credit Suisse, SunMicrosystems, Google, and Amkor Technology.

Paul, Hastings, Janofsky & Walker LLP, founded in 1951, is a leading international law firm with over 1,100 attorneys in 18 offices. The firm serves a diverse client base including including many of the leading global financial institutions and Fortune 500 companies and offers deep capabilities in Banking and Finance, Capital Markets, Corporate/M+A, Litigation and Dispute Resolution, Intellectual Property, Project Finance, Investment Management, Real Estate, Labor and Employment and Tax Advisory Services. For additional information, please visit our website at www.paulhastings.com.