NEW YORK, NY--(Marketwire - January 6, 2010) - Sichenzia Ross Friedman Ference LLP (SRFF) has again earned the title of the Nation's leading PIPE issuer law firm, as ranked by the industry-standard PrivateRaise, published by DealFlow Media, Inc. This milestone marks the 6th consecutive year since 2004 that the Firm has been recognized as the Nation's leading law firm for representing issuers in PIPEs transactions.

PrivateRaise's 2009 PIPES League Tables reflect the Firm's dominance in this area since 2004 through both bull and bear markets. In 2009, according to the PrivateRaise, the Firm represented 43 issuers in transactions totaling $206 million for an average of $5 million.

This is a substantial increase over 2008 when the Firm represented issuers in 30 transactions totaling $152 million. Since the Firm was initially ranked #1 in 2004, the Firm has completed over 300 PIPEs transactions totaling over $1.5 billion.

The increase over the 2008 totals is representative of the economic recovery the industry experienced in the second half of 2009. While the 2009 totals are still considerably less than the 62 PIPEs transactions the Firm completed in 2007 or the 70 transactions recorded in 2006, it is an impressive accomplishment and marks a definite rebound from the lows of 2008. "Over the past six years our Firm has become a barometer of the health of the PIPEs market especially as it relates to small and mid cap issuers. We are particularly proud of our status and accomplishments as a Firm and as a leading member of the PIPEs community since 2004," said Gregory Sichenzia, founding partner of SRFF. "Given the success we had in the second half of 2009 we are confident that that PIPEs market will remain strong in 2010 and hopefully for many years to come. Our ability to complete 43 issuer transactions in 2009 and 5 transactions in which we acted as counsel to investors or Placement Agents reflects the exceptional legal team that we have built at SRFF."

"We view this recognition both as a symbol of our firm's achievement and as evidence of the trust our clients have placed in us to help them meet their funding needs," Sichenzia concluded. "As the PIPEs industry continues to improve we hope to maintain our position as the top rated issuer counsel in the country by advancing innovative solutions to the problems at hand and to provide further opportunities to help businesses in their capital-raising activities."

Sichenzia Ross Friedman Ference LLP (SRFF) provides experienced, professional representation in all matters involving the securities industry, as well as in all general corporate and litigation matters. SRFF's clients range from start-ups to established, listed companies. They include private and public corporations, partnerships, broker-dealers, bank-affiliated broker-dealers, investment advisors, registered personnel, public and corporate customers and investors, partnerships and other entities. SRFF also advises institutional investors on transactions involving complex securities law considerations. Visit us at

Contact Information: For interview and media requests, contact: Bari Trontz Trontz PR 212-293-9051 (office) 917-442-8500 (mobile)