Siemer & Associates LLC Expands Operations with the Addition of Dan Chen as Managing Director

April 11, 2012 (Los Angeles, CA) ─ Siemer & Associates LLC, the merchant bank serving the digital media, software and technology industry, is pleased to announce that it has recently brought on Dan Chen to serve as Managing Director, working out of the firm’s Los Angeles headquarters. Mr. Chen will support the firm’s efforts to originate and execute transactions in the digital media and technology space. He brings with him over 13 years of investment banking, private equity and corporate development experience, as well as $5 billion of completed deals in digital media and technology from Montgomery & Co., Merrill Lynch and private equity firm TPG Capital.

“I am eager to join a team of colleagues who share my career-long passion for working with entrepreneurs in digital media and technology,” said Chen. “We are committed to providing strong support and sound advice to the fast-growing ecosystem of technology companies emerging in the Southern California market and beyond.”

“Dan will allow us to continue to provide seasoned expertise to the clients we currently have and valuable advice to the growing number of entrepreneurs we meet with daily,” said David Siemer, Managing Director at Siemer & Associates. “Dan’s breadth and depth of industry experience will be an asset to our team for years to come.”

About Siemer & Associates LLC

Siemer & Associates LLC is a global boutique merchant bank dedicated to offering candid insight and guidance to digital media, software and Internet companies throughout their business life cycles. Composed of industry veterans who have worked both inside and out of technology enterprises, S&A has successfully completed more than 50 transactions that aggregated over $3 billion in sell-side mandates and surpassed $1.5 billion in equity capital. Headquartered in Los Angeles with offices in Singapore and Hong Kong, S&A offers exceptional corporate capital raising, financial advisory services and M&A, specializing in complex cross-border transactions.

Committed to expanding the international technology ecosystem, Siemer & Associates promotes innovative entrepreneurs through its early-stage investment arm, Siemer Ventures, and its incubator, Wavemaker Labs. One of the most active investment funds in Southern California, Siemer Ventures claims more than 40 current portfolio companies and makes an average of 12 new investments each year in digital media startups. Based in Singapore and sponsored by Siemer Ventures, WaveMaker Labs receives significant co-investment from the Singaporean government as an “approved technology incubator” under the Technology Incubation Scheme (TIS) of the Singaporean government’s National Research Foundation (NRF).