SAN FRANCISCO, November 3, 2008 – ThinkEquity, LLC, the research-centric institutional investment bank focused on the growth economy, is pleased to announce its role as advisor to RuleBurst Holdings Limited, based in Sydney, Australia and parent company of Haley Limited on its acquisition by Oracle Corporation.

Oracle has entered into an agreement to acquire RuleBurst, a leading provider of policy modeling and automation software for legislative and regulated industries such as public sector, financial services, and insurance. The transaction is subject to stockholder and governmental approvals and other customary closing conditions and is expected to close in the first calendar quarter of 2009.

Tim Linacre, Panmure Gordon group chief executive, said: “This assignment exemplifies our global advisory capabilities and demonstrates the quality of our US technology franchise and the strength of our M&A team.”

Doug Gonsalves, co-head of mergers and acquisitions for ThinkEquity, said: “This transaction, completed in a challenging environment, reflects the continued interest of multinational software leaders to acquire rapidly growing and innovative software companies across the globe.”

Haley has over 20 years experience in delivering complex policy automation software for industries that are a focus for Oracle, including regulated industries. Haley's leading applications empower business users to translate legislation and policy into automated business rules using natural language to enable self-service, automate advice, ensure compliance, and mitigate enterprise wide policy risk.

For further information:

Doug Gonsalves
Co-Head, M&A, ThinkEquity, LLC
Tel: +1 415-249-6922

Nathaniel Webb
Group Communications Manager
Tel: +44 (0) 20 7614 8333

About the Panmure Gordon Group

Founded in 1876, Panmure Gordon & Co (PMR.L) is a leading independent mid-cap investment bank. Encompassing its US franchise, ThinkEquity, LLC, the Group employs approximately 300 professionals across the US, the UK and Nyon, Switzerland, offering a blend of transatlantic financial services including research, sales and trading, wealth management and asset management.