The floor will then be opened to questions from the
live audience in Kansas City and the online audience nationwide. For further information
about Ibis, please call 401-453-9000, ext.com.

C. "This change will
allow microcap companies the access to the levels of capital they
truly need. on small business issues.

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Outdated Securities Laws Hurting Entrepreneur's Access to Capital says Financial Leader; Microcap Industry Lobby Group Calls for Congressional Hearings to Ref

and has an office in West Palm Beach, Fla.

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I.microcappac .

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"
According to the Federal Reserve on trends in small business
financing, the economic and financial environments in recent years
have been less conducive to risk taking and leverage, Speight
explains.

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This timely webinar, presented in an online town meeting format, will
feature Ken Withers, Esq. "Our goal at MCPAC is to provide a much
needed forum for microcap public companies seeking regulatory relief
and having their overall concerns addressed ," says Speight.

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He also points out
that more than half of all U.

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9142 or visit
http://www." These modifications include
increasing the annual cap on the money that microcap companies can
raise to $2 million, from the former $1 million.
"Small business is the engine that drives the U.

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Ibis Consulting Gathers Expert Panel to Comment on Standing Committee Actions Regarding FRCP

, The Standing Committee on Rules
of Practice and Procedure will meet today and tomorrow in Washington, DC to
review the proposed rule changes to the Federal Rules of Civil Procedure
(FRCP) and their impact on the discovery of electronically stored information
(ESI).ibisconsulting.

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PROVIDENCE, R.
On Monday, June 20th, 2:00PM to 3:30PM (EDT), Ibis Consulting will sponsor
a webinar featuring a distinguished panel of experts who will provide an
update of the Standing Committee's action(s), followed by commentary on the
ramifications of the Committee's action from the plaintiff, defendant, in-
house counsel , and technical standpoint.C.org

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, also reports MCPAC has created
the Small Business Coalition for Regulatory Reform (SBCRR).

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com/contactus/registerpage.

ABOUT IBIS -- Ibis Consulting, an innovator and expert in electronic
discovery and regulatory compliance since 1992, provides enterprise solutions
for managing data, including retention, recovery, discovery, and information
lifecycle management in compliance with recent corporate governance
regulations. MCPAC is the first
political action committee group to lobby for the interests of the
nation's 5,000 companies with market capitalizations of less than $250
million, which make up the microcap market industry, on important
regulatory and legislative issues.C.

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, Cisco Systems and Cliff Dutton,
Executive VP, Chief Technology Officer , Ibis Consulting.
The initial discussion will provide commentary on the ramifications of the
Committee's action from the plaintiff, defendant, in-house counsel, and
technical standpoint.

According to Speight, "MCPAC is calling for Congressional hearings
on SEC Rule 504 before it is too late for the nation's entrepreneurs
and our economy.

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, Shook Hardy + Bacon, Jim Batson,
Esq .ibisconsulting. "MCPAC's goal for microcaps is to facilitate
their access to capital and the creation of an optimal business
climate consistent with free market principles.

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MCPAC is recommending to Congress that Rule 504 be
restored to its former parameters. (APRJ), a registered Business Development
Company based in West Palm Beach, Fla. "The Small
Business Coalition for Regulatory Reform is a political research
policy arm of MCPAC for the purpose of conducting research, policy
reports and surveys on any legislative and regulatory reform issues
financially impacting America's microcap publicly -traded companies,"
explains Speight.
Please visit the website of Microcap Company Political Action
Committee: www.

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Congress needs to reform outmoded securities laws like the
Securities and Exchange Commission's (SEC) Rule 504 Exemption to help
entrepreneurial public companies, or so-called "microcap" companies,
have access to capital, says Frank Speight, Chairman and President of
the Microcap Company Political Action Committee. We also plan to champion a reform that will require the
SEC to develop an effective mechanism to streamline the process for
filing," he says.S.

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, Federal Judicial Center, Joel Wuesthoff, Esq. MCPAC contends that if a microcap company is current
in its SEC filing it should be allowed to file an easy 504
'notification filing' with supporting documentation . SBCRR is also working with other political and trade
industry organizations in Washington, D.
"MCPAC is fighting for important reforms for these small emerging
growth companies who are finding it increasingly difficult to raise
capital, and that has long-term negative implications for the U.

judges relating

economy,
accounting for seven out of every 10 new jobs and producing countless
new technologies and innovations," says Speight.

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Ibis Consulting is based in
Providence, Rhode Island with offices in Los Angeles.S. employees work for companies with 500
employees or less and these firms produce 47 percent of all business
receipts and nearly all the new job growth, according to the Small
Business Administration.

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, Liddle + Robinson, Mark Michels, Esq.
To register for this important free webinar , please visit
http://www.

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,
CISSP, Ibis Consulting, Jim Daley, Esq.

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cfm.
economy," says Speight .

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MCPAC is headquartered in
Washington, D.

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Ibis regularly supports the largest and most complex compliance,
regulation and litigation actions globally.

Business Editors

WASHINGTON ----

Small Business Coalition for Regulatory Reform Organized
in Washington, D. He also points to a recent report by the National Small
Business Association , which states that only 39 percent of new
businesses are still operating after six years in business . "This
statistic suggests that businesses require more funding beyond the
initial start-up phases ," he says.S.

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Speight, who also serves as Chairman and CEO of American Capital
Partners Limited , Inc.

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---

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