E-Commerce Firm, Commerce Planet, Enlists Capital Finance Investment Firms

E-Commerce Firm, Commerce Planet, Enlists Capital Finance Investment Firms

Goleta, California - (Cheap Web Hosting Directory) - February 27, 2007 - E-commerce solutions company, Commerce Planet, Inc., a subsidiary of Legacy Media, Inc., has enlisted the investment banking firms of Roth Capital Partners and Craig-Hallum Capital Group, to assist with 2007 strategic initiatives.

After months of due diligence regarding various investment banking firms, Commerce Planet chose to engage both firms to take advantage of their differing areas of strength. Both firms are established in the investment banking community and well connected to institutional investors and fund managers. Roth Capital Partners, located in Newport Beach, California, has a distinguished record of working with microcap companies similarly situated to Commerce Planet. Craig-Hallum Capital Group, located in Minneapolis, will provide an East Coast reach to capital markets and is well known for its research and fundamentally sound analysis. The firms will assist with the assessment of various financing objectives, which may include mergers, acquisitions and private sale transactions.

Michael Hill, CEO remarked, "We believe our engagement of both Roth and Craig-Hallum provides us with the best of all scenarios. Both firms are extremely well-regarded and have deep reaches into the public and private investment community. In addition, each understands and has participated in several online media-related transactions. They are each highly familiar with and have worked alongside some of the largest media companies in our industry. We think these firms will provide us with valuable access to capital, extended industry relationships and sound financial advice."

Since 1984 Roth Capital Partners, LLC ("ROTH") has been a small and micro cap market company. Roth's exclusive focus has been to be provide the full spectrum of investment banking services, including raising capital, research coverage, creating liquidity, trading and market making, merger and acquisition advisory services, sales support, and investor conferences, to our customers. Our experience and capabilities in raising capital for public companies are the hallmarks of the Firm. Over the last ten years, we raised over $8.7 billion for small and micro cap public companies and completed over 123 merger, acquisition and advisory assignments. In 2005, Roth raised $1.7 billion for our clients. Also, the firm has been a leading placement agent over the last two years for the number of PIPE transactions, raising over a billion dollars.

Each subsidiary of Commerce Planet specializes in a specific niche of the online media industry. Their combined services are designed to address the needs of client partners, including membership loyalty programs, direct response consumer marketing, affiliate list management, email deployment, live chat software-based services, direct phone sales and customer service, and printing services. CommercePlanet, Inc. through its websites 'commerceplanet.com', 'osimaging.com', 'onlinesupplier.com', 'buydiscount.com' and 'mysoftwaretutor.com', provides ecommerce solutions, printing, fulfillment, and thousands of high value products at savings to its online loyalty club customers and members.