Arden & Price Forms Investment Banking Arm.

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) April 20, 2005 --

New York, Consulting and financial advisory firm Arden & Price announce that it has reorganized its regional operations in Latin America. The reorganization follows a strong increase in underwriting revenue from its financial services units in Central and South America. The firm has consolidated the operations of 3 of its business units and has form a new business division. It was announce that the new division will be called "The Private Equity Group". The division will be headed by Gerardo Garcia a senior Vice- President at Arden & Price and a season financial consultant with 15 years experience in the firms regional operations.

Arden & Price said that its Private Equity Group will be identified as a division of the firm, but it will have its own corporate image and staff. The move comes after the firm announce a strong increase in net revenue for fiscal 2004. In large part due to its corporate finance services and M&A fees. The division will also have its own web site and independent operating budget.

The new division will consolidate most financial advisory services offered by the firm. The new division will also be able to take equity participations in mid cap fast growing companies in Latin America. The firm plans to consolidate its market position in the region, as a provider of investment banking services for the mid-market.