First Foundation Inc. and Desert Commercial Bank Announce Shareholder Approval of Planned Merger

IRVINE, CA--(Marketwire - Feb 3, 2012) - First Foundation Inc. ("First Foundation" or "FFI"), the parent holding company of First Foundation Bank ("FFB"), and Desert Commercial Bank (DCB) (OTCBB: DCBC) announced today that on January 30, 2012, at their separate special shareholder meetings, both FFI and DCB received shareholder approval for the previously announced definitive agreement and plan of merger under which FFB will acquire DCB.

Dirxion L.L.C. Has Acquired the Assets of Immersifind

ST. LOUIS, MO--(Marketwire - Feb 3, 2012) - Dirxion L.L.C. has acquired the assets of Immersifind in a private sale from a secured creditor of Immersifind. Terms were not disclosed. All former employees of Immersifind were hired by Dirxion after the closing. Tom Lewis, previously President of Immersifind, has become Executive Vice President of Dirxion L.L.C. Steve Mitchener, President and CEO of Dirxion L.L.C. stated, "We are excited about the potential of this acquisition and we look forward to the future."

Swank, Inc. Agrees to Be Acquired by Randa Accessories Leather Goods LLC for $10.00 per Share

NEW YORK, NY--(Marketwire - Feb 3, 2012) - Swank, Inc. (PINKSHEETS: SNKI), a leading designer and marketer of men's and women's belts and men's leather accessories, jewelry and suspenders, and Randa Accessories Leather Goods LLC, a leading manufacturer, distributor and marketer of lifestyle accessories, jointly announced that they have entered into a definitive merger agreement pursuant to which Randa will acquire Swank for $10.00 a share, or total consideration of approximately $57.5 million.

IGC Completes Acquisition of Ironman

Transaction Closed as of December 31, 2011; Projected to Swing IGC to Profitability

PHI Group to Acquire One Hundred Million Metric Tonnes of Coal Resources in East Kalimantan, Indonesia

LOS ANGELES, CA and JAKARTA, INDONESIA--(Marketwire - Feb 2, 2012) - PHI Group, Inc. (OTCQB: PHIE) (PINKSHEETS: PHIE), a company focused on energy and natural resources, announced today that it has signed a Letter of Intent to acquire approximately 100 million metric tonnes of coal resources, together with the operation and production license (IUP Operasi Produksi), located in an area of 9,900 hectares in East Kalimantan, Indonesia from PT. MSP, an Indonesian company with headquarters in Kutai Timur, Kalimantan Timur, Indonesia.

Kruzic Communications & McCullough Marketing Merge Into Communications Strategy Group

Communications Strategy Group to Create New Tourism & Hospitality Practice

University General Health System Announces Acquisition of Facilities Management Company

Acquisition of Sybaris Group to Increase Revenue by Over $5 Million Annually

Platinum Equity Completes Sale of 3B

LOS ANGELES, CA--(Marketwire - Feb 1, 2012) - Platinum Equity announced today it has completed the sale of 3B - The Fibreglass Company ("3B") to Binani Industries Limited. Platinum did not disclose terms of the agreement.

Lightyear Capital Acquires Paradigm Management Services From Sterling Partners

Leading Catastrophic Care Management Company Will Expand Lightyear's Healthcare Portfolio

Show Me Victories and Gladius Communications Merge

SAINT LOUIS, MO--(Marketwire - Feb 1, 2012) - Show Me Victories and Gladius Communications, both providers of media and marketing services for political candidates and ballot initiatives, have merged. The joining of these two companies creates a team of people with over 150 years of experience working on over 200 political campaigns.

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