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Matrix Announces Recent Promotions

RICHMOND, VA – September 4, 2012 – Matrix Capital Markets Group, Inc. is pleased to announce the following promotions for members of our Energy and Multi-Site Retail Group:

M. Vance Saunders, CPA has been promoted to the position of Vice President. He has been a member of the Matrix Energy & Multi-Site Retail Team for six years. As Vice President, Mr. Saunders will assume responsibility for managing transactions and continue to support work on others. He previously worked in the Business Assurance and Advisory Services Group for the public accounting firm of Keiter, Stephens, Hurst, Gary & Shreaves, as well as the Treasury group of Capital One Financial Corporation. Mr. Saunders received a B.S.B.A. with concentrations in Finance and Accounting from Longwood University and an M.B.A. from Virginia Commonwealth University.

Sean P. Dooley has been promoted to Associate. Mr. Dooley will be an integral member of various transaction teams and will assume responsibility for training new analysts. He has also passed the Chartered Financial Analyst (CFA) Level II exam and is now a CFA Level III candidate. Prior to joining the Matrix Energy & Multi-Site Retail Team in 2010, Mr. Dooley was an Associate in the Forensic and Valuation Services Group for the public accounting firm of Ellin & Tucker, Chartered in Baltimore, MD. He received a B.S.B.A. with a concentration in Finance from East Carolina University.

“Both Vance and Sean have worked exceptionally hard to earn their promotions,” said Tom Kelso, Managing Director of the Matrix Energy and Multi-Site Retail Group. “Vance has continued to improve his excellent analytical skills and has developed the expertise to manage transactions. Sean has continued to master the analytical skills necessary to support transaction management and has developed excellent relationship skills in working with our clients. All of us in our Energy Group are extremely proud of their accomplishments and look forward to them continuing to grow their careers at Matrix.”

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 100 engagements in these sectors.

About Matrix Capital Markets Group
Matrix Capital Markets Group, Inc. is an independent, advisory focused, privately-held investment bank headquartered in Richmond, VA. Since 1988, Matrix has provided merger & acquisition and financial advisory services for privately-held, private-equity owned and publicly traded companies. Our primary advisory services include company sales, asset divestitures, recapitalizations, management buyouts, capital raises of debt & equity, corporate recovery, fairness opinions and valuations. Matrix has served clients in a wide range of industries, including industrial manufacturing and distribution, building products, business services, consumer products, healthcare, lumber and petroleum marketing & distribution. For additional information, please visit www.matrixcmg.com.

Securities offered by Matrix Private Equities, Inc., an affiliate of Matrix Capital Markets Group, Inc., Member FINRA, SIPC.