Richmond, VA – September 29, 2011 – Matrix Capital Markets Group, Inc. (“Matrix”) is pleased to announce several personnel changes in their Energy and Multi-Site Retail (EMR) Group.

Mr. Vance Saunders, CPA, was promoted to the position of Senior Associate on August 1, 2011. Mr. Saunders is responsible for financial, industry, and buyer research, creating valuation and financing models, and preparing selling and private placement memoranda. In addition, Mr. Saunders is responsible for transaction execution and client advisory. He received his B.S.B.A with concentration in Finance and Accounting from Longwood University and an M.B.A. from Virginia Commonwealth University. He holds the Certified Public Accountant designation and is qualified as a FINRA General Securities Representative (Series 7), Uniform Securities Agent (Series 63) and Investment Banking Representative (Series 79).

In June of this year, Mr. Sean P. Dooley, Senior Analyst, completed his Level 1 Chartered Financial Analyst examinations and is currently a Level 2 candidate. Mr. Dooley received a B.S.B.A. with a concentration in Finance from East Carolina University and is currently a candidate member of the American Society of Appraisers. Mr. Dooley is a qualified FINRA Uniform Securities Agent (Series 63) and Investment Banking Representative (Series 79).

Effective October 3, 2011, Mr. Stephen C. Lynch, CPA, will join the firm as a Senior Analyst. He will be responsible for financial, industry, and buyer research, creating valuation and financing models, and preparing selling and private placement memoranda. Mr. Lynch is a May, 2009 graduate of Virginia Polytechnic Institute with both a Bachelor of Science in Finance and a Bachelor of Science in Accounting and Information Systems. Prior to joining Matrix, Mr. Lynch had been an Audit Senior with Deloitte & Touche LLP. He holds the Certified Public Accountant designation. Mr. Lynch will be located in our Richmond office.

Matt Murphy, Jr., CFA left the firm effective July 22, 2011 to join the Fixed Income Department at Eaton Vance Investment Managers as a Vice President – Global Products Specialist in their Boston, MA headquarters.

Thomas E. Kelso, Managing Director and head of Matrix’s EMR Group, commented on the recent changes, “At Matrix we continue to strive to build the most qualified team of financial professionals because we are dedicated to providing the absolute best financial advisory and transaction execution services to our clients. We congratulate Vance on his well deserved promotion and Sean on his significant achievement in completing his Level 1 CFA. We welcome Stephen and are excited by the unique background and perspective he brings to our team. Finally, we congratulate Matt on his new position and greatly appreciate his hard work and dedication over the last seven years. We are proud of the work he has done and wish him well in his new position at Eaton Vance.”

Matrix’s Energy and Multi-Site Retail Group is recognized as the national leader in providing transactional advisory services to companies in the downstream energy and multi-site retail sectors including convenience store chains, petroleum marketers, fuels distributors, retail propane distributors, heating oil distributors, lubes retailers and distributors, terminal operators, fuels transportation companies, hospitality companies, and other specialty retail chains. Team members are dedicated to these sectors and draw upon complementary experiences to provide advisory services to complete sophisticated merger and acquisition transactions, debt and equity capital raises, corporate restructurings, corporate valuations, and strategic planning engagements. Since its inception in 1997, this dedicated group has successfully advised on over 90 engagements in these sectors.