Arising Group to Host Meeting on Sub-Prime & Exotic Financial InstrumentsBanking Executive Doug Miles will speak about the world of exotics and the risks they pose to the global business communityPRESS RELEASE FOR IMMEDIATE RELEASE 15 January 2008 New York, NY — Arising Group will host a lunch meeting of The Business Threat Awareness Council with special guest speaker, Doug Miles on Tuesday 22 January 2008 at noon in midtown Manhattan. Arising Group, a provider of custom software applications for the financial industry, supports the BTAC mission to bring threat awareness to businesses and to strengthen the infrastructure of American commerce. "We keep aware of changes that may affect our clients on Wall Street and in the Hedge Funds" Arising Group President, Jeff Huang explained. "The strength and vitality of our market economy has a direct relation to our national security. What people trade and how accurately they value it has a real impact on all Americans" he added. Doug Miles will speak about the risks of 'Exotic Financial Instruments' and the potential rewards that drive investors to make these high risk investments. The Sub-prime mortgage meltdown will be examined as well as other potential economic flash points for the near future. The world wide derivatives market is estimated to be over $300 Trillion annually, much of it unregulated with no solid pricing mechanism. This leads to the volatile nature of these instruments, a volatility that can bring huge rewards, or devastating losses. In his over 20 years in global finance community, Mr. Miles has honed the skill of providing independent valuation in the hardest to price sectors of the global capital markets --which may trade infrequently or never. ABOUT THE ARISING GROUP Arising Group provides custom software applications for the financial industry. From data automation to data mining for litigation support, Arising Group has the technology-driven solutions that fuel fast growth, and enable businesses to soar to new heights. Solutions That Strengthen™ Whether an organization is seeking to bring an innovative idea to market or automate an existing business process for performance and efficiency, Arising provides the end-to-end technology solutions. Utilizing our programming expertise, real world hands-on experience and proven delivery methodology, Arising elevates business performance with our Solutions That Strengthen™. Visit our website at http://www.arising.com ABOUT DOUG MILES Mr. Douglas Miles is the founder, Chairman & CEO of GPE, Inc. www.gpe-inc.com. He has held senior positions at Merrill Lynch Capital Markets, Deutsche Morgan Grenfell, and Kleinwort Benson. While at Merrill Lynch and Deutsche Morgan Grenfell Mr. Miles advised some of the world's largest investment management firms and corporations on their use of both derivatives as well as emerging markets assets in achieving their investment strategies. Mr. Miles has also been a spokesman and panelist for the derivative products industry at various conferences. He was the Chief Marketing Officer and a founding shareholder in a financial software start-up in London. He has successfully managed and originated a variety of types of private and public securities issues and secondary offerings. Mr. Miles has personally placed, sold, or arranged over $3.5 billion of public and private securities in his 20 year Wall Street and boutique investment banking career. He founded and has run for four years his own private placement advisory firm in Princeton, NJ. Doug Miles holds a BA in English/Economics with a minor in Geology from St. Lawrence University. ABOUT THE BUSINESS THREAT AWARENESS COUNCIL The Business Threat Awareness Council is a voluntary group of professionals from the private and public sectors whose main goals are to improve threat awareness, promote best practices in threat management and business counterintelligence, and to disseminate this information to American businesses. BTAC is a non-partisan and non-commercial organization. BTAC meetings are forums to exchange ideas, alert others to new and existing threats, and to meet like-minded professionals for the purpose of strengthening the infrastructure of America's commerce. For further information about BTAC and council events please visit www.btac.us. # # # |