Albert Fried & Company releases the Millennial X-Factor report- Learn how the Millennial Generation will influence technology investments.

Contact: Rich Tullo

Tel. (212) 422 -7282 ext. 260

The Millennial X-Factor, We think Investors and Enterprises Need to Pay Attention as 72 Million U.S. Consumers Increase Consumption from $200 to $600 billion annually over the next decade.

August 18, 2011 (New York, N.Y.)- Albert Fried & Company LLC. is pleased to announce the publication of its Millennial X-Factor focus group study, a market commentary on investment opportunities created in the Technology, Media and Telecommunications space by the Millennial generation. “While analysts on Wall Street have discussed Millennial opportunities, we think our Millennial X-Factor report provides unique insights on social networks and the potential of new and expected IPO’s. The Millennial generation is a demographic group in the U.S. which started to turn 18 years old in the year 2000 and represents about 72 million consumers and $200 billion in purchasing power according to eMarketer. We think Millennial Generation’s importance compounds over time as they are now entering the work force in mass. In our view, the Millennial consumer influence will have a profound effect on business” Rich Tullo Director of Research Albert Fried and Company.

At Albert Fried and Company LLC., when we see an opportunity to compete and do a better job we do it. So when we hired an intern this summer we immediately charged our intern, Ryan Smith, with the responsibility to develop due-diligence and construct a thoughtful market commentary report based on insights harvested from his due diligence and the focus group he assembled at the New York Stock Exchange. Thanks to Mr. Smith’s report, our thinking about the influence of the Millennial generation on technology and marketing campaigns has evolved.

About Albert Fried and Company LLC.: Albert Fried and Company LLC, has been in continuous operations for the last 92 years. Albert Fried and Company was founded as a New York Stock Exchange (NYSE) specialist firm and today we still maintain a significant NYSE presence. In addition to providing trading capabilities that are unmatched by most boutiques, we are also a well capitalized self-clearing broker operating in global markets. When we chose to employ our capital, we execute merchant banking transactions and provide capital introduction services.

Today our menu of core services includes: securities lending, direct access, convertible and distressed fixed income trading as well as equity derivatives and cash trading in addition to the research offering.

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If you would like more information on the Millennial X-Factor report please feel free to contact Rich Tullo (212) 422 – 7282 ext. 260. We will provide a copy of the report to our institutional clients as part of their institutional research subscriptions.

Analyst Certification

I, Richard R Tullo, hereby certify (1) that the views expressed in this report accurately reflect my personal views about any or all of the subject securities or issuers referred to in this report and (2) no part of my compensation was, is or will be directly or indirectly related to the specific recommendations or views expressed in this report.

IMPORTANT DISCLOSURES

Albert Fried and Company produces a variety of analytics and research products, including but not limited to fundamental analysis, equity linked trading desk analytics, quantitative analysis, market commentary reports, fixed income, and trade ideas. Certain products may be exempt from FINRA rule 2711. Recommendations contained in one type of analytics product may differ from recommendations contained in other types of analytics products, whether as a result of differing time horizons, methodologies, or otherwise.

Guide to Albert Fried Fundamental Equity Research Rating System

Stock Rating

1) BUY, suggests capital appreciation of at least 30% from the initiation date of coverage over the next 12 months

2) MARKET PERFORM denotes that a stock is not likely to provide similar gains as BUY over a 12-month period

3) SELL suggests a price decline of 30% or greater from the initiations date of coverage over the next 12-month period

NC, denotes “Not Covered”.

Albert Fried and Company LLC does not provide investment banking services and is not expected to provide investment banking services

Distribution of ratings system

Albert Fried & Company LLC provides fundamental research on 12 companies, of which 7 (58%) are rated BUY and 5 (42%) are rated Market Perform and 0 (0%) rated SELL.

Disclaimers

Any estimates or forecasts may not be met. This report contains forward-looking statements, which involve risks and uncertainties. Actual results may differ materially from the projections described in the forward-looking statements. The material contained in this report is for informational purposes only and is not a solicitation, or an offer or recommendation, to buy or sell securities mentioned. Neither Albert Fried & Company LLC nor any person involved in the preparation of this publication accepts any liability or responsibility for the accuracy or completeness of this publication and none of them makes any representation or warranty in relation thereto. Recipients of this report should conduct their own investigation, confirmation and analysis of the information contained in this publication. Much of the company-specific data and information in this report was obtained directly from the company’s SEC filings, reputable news wires or the company’s management. No recipient should act on the basis of any matter contained in this publication without considering and, if necessary, taking appropriate legal, financial, and other professional advice upon the recipient’s own particular circumstances. Investors are advised to undertake their own investigation of the merits of investing in the Companies profiled in this report. Information contained herein is based on sources we believe to be reliable but we do not guarantee their accuracy. Prices and opinions concerning the composition of market sectors included in this report reflect the judgments as of this date and are subject to change without notice. Reprints of Albert Fried & Company LLC reports are prohibited without permission.

Albert Fried & Company LLC, or persons associated with it may own securities of the issues described herein and may make purchases or sales while this report is in circulation. Albert Fried & Company LLC, policy does not allow any analyst to own shares in any company he/she covers. No employee or household member thereof, serves as an officer or director of a covered company. Albert Fried & Company LLC does not make a market in any securities contained in this report. Additional information is available upon request.

Models and Additional Information are Available on Request

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