The Shaw Group Inc. | Investor Relations | News Release

BATON ROUGE, La.--(BUSINESS WIRE)--June 28, 2007--The Shaw Group Inc. (NYSE: SGR) today announced that Energy and Climate Advisors, a joint venture company formed by Shaw Capital, Inc. ("Shaw Capital"), and London-based EEA Fund Management Ltd. ("EEA"), has been selected to serve as the asset advisor for Leaf Clean Energy Company ("Leaf") (AIM ticker symbol: LEAF). Leaf is a clean energy asset company that began trading today on the London Stock Exchange AIM market with an initial market capitalization of approximately US$400 million. Under the Asset Advisory Agreement, Energy and Climate Advisors will assist Leaf in the sourcing of investment opportunities in the renewable and alternative energy markets and provide support to Leaf in the screening, evaluation, development, and operation and maintenance of assets acquired by Leaf.

J.M. Bernhard, Jr., chairman, president and chief executive officer of Shaw, referring to the appointment, said, "Shaw Capital is quickly establishing itself as an important component of Shaw's complete suite of solutions for its clients. Not only can Shaw provide traditional services such as evaluating project feasibility, providing engineering and construction services, and supporting the operation and maintenance of the asset; now, through Shaw Capital, we may also provide access to capital for projects through our relationships with entities like Leaf."

Dan Shapiro, president of Shaw Capital, added, "Shaw Capital's strategic relationship with EEA provides a unique combination of skills and experience for success in the robust new energy and emerging climate change markets, particularly those occurring within North America."

Simon Shaw (no relation to The Shaw Group), founder of EEA, said, "The U.S. is now in the embryonic stages of a fundamental long-term transition to a low carbon economy, which is a massive step forward for the clean energy sector. Together with our partners at The Shaw Group, we are well positioned to access project level opportunities within this sector."

The Shaw Group Inc. is a leading global provider of technology, engineering, procurement, construction, maintenance, fabrication, manufacturing, consulting, remediation, and facilities management services for government and private sector clients in the energy, chemical, environmental, infrastructure, and emergency response markets. A Fortune 500 company with nearly $5 billion in annual revenues, Shaw is headquartered in Baton Rouge, Louisiana and employs approximately 25,000 people at its offices and operations in North America, South America, Europe, the Middle East and the Asia-Pacific region. For further information, please visit Shaw's website at www.shawgrp.com.

Shaw Capital, Inc., through its partnerships and affiliates, provides access to over $1 billion of available capital for equity, mezzanine, and debt investment opportunities in the energy, chemicals, environmental, infrastructure, and related markets. Shaw Capital leverages Shaw's global platform, technical and operational acumen, and transactional capabilities to identify and execute on significant project investment opportunities.

London-based EEA was established in 2003 by Simon Shaw and manages a range of equity and climate-related funds with total assets under management in excess of US$1 billion. EEA advises on investments in energy and environmental markets and is the exclusive retained investment advisor to Trading Emissions PLC (AIM listed). EEA has unique experience in the climate change market through its management of Climate Exchange PLC, the financing vehicle for the Chicago and European Climate Exchanges, and also through the launch and management of Trading Emissions PLC.

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for certain forward-looking statements. The statements contained herein that are not historical facts (including without limitation statements to the effect that the Company or its management "believes," "expects," "anticipates," "plans," or other similar expressions) and statements related to revenues, earnings, backlog, or other financial information or results are forward-looking statements based on the Company's current expectations and beliefs concerning future developments and their potential effects on the Company. There can be no assurance that future developments affecting the Company will be those anticipated by the Company. These forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions and are subject to change based upon various factors. Should one or more of such risks or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in the forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. A description of some of the risks and uncertainties that could cause actual results to differ materially from such forward-looking statements can be found in the Company's reports and registration statements filed with the Securities and Exchange Commission, including its Form 10-K and Form 10-Q reports, and on the Company's web-site under the heading "Forward-Looking Statements". These documents are also available from the Securities and Exchange Commission or from the Investor Relations department of Shaw. For more information on the company and announcements it makes from time to time on a regional basis visit our web site at www.shawgrp.com.

Shaw Capital Management Factoring: IMF hack a warning for others to invest in staff training

Staff training about simple email threats may have helped the International Monetary Fund (IMF) in New York from being hacked by a targeted malware attack, according to one analyst.

According to Bloomberg, the hack’s perpetrators obtained a “large quantity of data,” including e-mail and other documents during the intrusion.

Ovum’s UK based IT security analyst, Graham Titterington, said in a statement that many security mistakes occur within banks and other financial institutions because staff have not received sufficient training on threats.

[ With the increasing threat of cyber crimes, protect yourself and stay informed on the latest news with Computerworld's Security newsletter ]

“People are people and have innate vulnerabilities with respect to trusting the wrong people, accepting inducements, or simply having more pressing concerns at the time they are approached [via email],” he said.

While there was “no magic bullet” to prevent a cyber attack, the IMF could have also put more security measures in place.

“Most information theft attacks are launched through an Internet facing application in the corporate gateway, attacking vulnerabilities in applications using relatively predictable strategies such as SQL injection or scripting attacks,” Titterington said.

“So improving the coding standards of applications is a major step, or alternatively protecting applications by screening them with an application layer firewall.” According to Titterington, access control to systems was another area where controls were frequently circumvented, as attackers steal the credentials of legitimate users through a number of types of attack.

“Spyware is often inserted into the target organisation well before the main attack takes place to acquire this information. Monitoring data movements, data encryption, and data loss prevention systems can also reduce the loss of information directly from electronic systems, particularly with regard to high volume theft,” he said.

In the case of the IMF, data monitoring did flag the data breach, but not soon enough to prevent the hack taking place. “However, security technologies themselves are not universal panaceas, even when the vulnerabilities have been dealt with,” said Titerington.

“Data loss prevention is cumbersome and can obstruct legitimate business if it is not perfectly tuned while encryption is only as good as key management and brings the risk of losing all access to your data if you lose the key.”

Got a security tip-off? Contact Hamish Barwick at hamish_barwick at idg.com.au

Follow Hamish Barwick on Twitter: @HamishBarwick

Follow Computerworld Australia on Twitter: @ComputerworldAU

Shaw Capital Management| Hawkshaw Capital Management, LLC: Private Company Information - BusinessWeek

COMPANY OVERVIEW

Hawkshaw Capital Management, LLC is a privately owned hedge fund sponsor. The firm manages hedge funds and invests in the public equity and alternate markets of the United States. It invests in value stocks of mid-cap companies to create its equity portfolio mix. The firm employs long/short strategy to hedge its investor’s risk. Hawkshaw Capital Management was founded in 2002 and is based in New York City.

400 Madison Avenue

New York, NY 10017-1909

United States

Founded in 2002

Shaw Capital Working Management Tips: Backed by Castletop Capital, OpenPeak Raises $15.5M – cbl

http://dallas.citybizlist.com/16/2011/3/13/Backed-by-Castletop-Capital-OpenPeak-Raises-15.5M–cbl.aspx

Posted March 13, 2011

By Brian Wolak

AUSTIN — An SEC filing indicates that OpenPeak has raised$15.54 million from a $26 million offering of mixed securities, attracting six investors.

The Boca Raton-based provider of multimedia touch-screen devices and device management platforms secured $52 million in financing last June, as reported by citybizlist. Some of its investors at the time included Intel Capital, Horizon Technology Finance, Velocity Financial Group, and a distribution finance and working capital line from GE Capital’s Commercial Distribution Finance unit.

Principals named in the new filing include:

- Daniel Gittleman, CEO
- Howard Kwon, general counsel
- Andrew Aiello, vice president
- Paul Krzyzanowski, CTO
- Louis Salamone
- Joachim Gfoeller Jr., director, from New York-based GMG Capital Partners
- J. Tomilson Hill, director, from New York-based The Blackstone Group
- Alex Komoroske, director, from Wheaton, Ill.-based Ritchie Capital
- Vincent Pizzica, director, from Burbank, Calif.-based Thomson Inc.
- James Robinson IV, director, from New York-based RRE Ventures
- John Sculley, director, from Boca Raton, Fla.-based Watermark Medical
- Morton Topfer, director, from Austin, Texas-based Castletop Capital

OpenPeak designs and develops end-to-end managed platforms and devices that enable service providers, utilities, applications developers, and content owners to interact with customers in their homes, offices, and while traveling.

The company recently introduced its new 4G-enabled OpenTablet devices that made their debut during the 2011 Mobile World Congress in Barcelona, Spain.

SEC filing: http://tinyurl.com/6gd8ujg

Bios:

Daniel J. Gittleman
Mr. Daniel J. Gittleman is the Founder, Chairman, and Chief Executive Officer of OpenPeak Inc. He founded the firm in early 2002. Mr. Gittleman is also an Advisory Partner at Millennium Technology Ventures and Millennium Technology Value Partners IV, L.P. Previously, he founded RAID Power Services, Inc. in 1995, before repositioning the company in 2000 as StorageApps, Inc. At inception, Mr. Gittleman was responsible for all sales, engineering, and marketing efforts of Raid Power. Under his leadership, the company quickly tripled revenues and margins and became the number two worldwide market leader in storage management software according to Gartner/Dataquest. As the company grew, Mr. Gittleman built and led the research and development team that developed the company’s core SANLink storage virtualization software that accounted for much of the company’s success. He was also responsible for establishing partnership relationships with Dell, Hitachi Data Systems, IBM Corporation, Hewlett-Packard, and others that eventually led to a highly successful acquisition of StorageApps by Hewlett-Packard, in 2001. Mr. Gittleman served as a Venture Partner at GMG Capital Partners L.P., which he joined in 2001. Mr. Gittleman is a frequent industry speaker on subjects ranging from wireless technology to storage and digital media.

Joachim Gfoeller Jr., GMG Capital Partners
Mr. Gfoeller co-founded GMG Capital Partners in 1997 and has served as its Managing General Partner since then. Since 2004, Mr. Norris has been actively involved on the Board of Directors of a number of GMG portfolio companies.

Prior to joining the General Partner, Mr. Gfoeller was one of the founding partners of Stolberg Partners, a New York based $70 million buyout fund established in 1993. At Stolberg Partners, Mr. Gfoeller had extensive experience investing in the private equity market, particularly in the manufacturing and distribution industries. Prior to establishing Stolberg Partners, Mr. Gfoeller served as a vice president of the money management firm Weiss, Peck & Greer (1988-1993) and as a partner of its buyout group (1992-1993).

While at Stolberg Partners and Weiss, Peck & Greer, Mr. Gfoeller was responsible for generating private equity deal flow through his extensive network in the Midwest, the South and the East Coast and was involved in all phases of the private equity investment process from finding investment opportunities, conducting due diligence, making investments to creating exit strategies.

Mr. Gfoeller is a Director or Board advisor to Forum Systems, Lancope and OpenPeak. He also sat on the Board of Directors of Phobos and StorageApps prior to their acquisitions by, respectively, SonicWALL for approximately $270 million and Hewlett-Packard for approximately $350 million.

Mr. Gfoeller holds a B.A., magna cum laude, Phi Beta Kappa, in International Studies from The Ohio State University (1981), a M.A., with honors, Economics/Latin American Studies from The Johns Hopkins School of Advanced International Studies (1983) and an M.B.A., Finance from the Wharton School at The University of Pennsylvania (1988).

J. Tomilson Hill, The Blackstone Group
J. Tomilson Hill is President and Chief Executive Officer of the Funds of Hedge Funds group, a Vice Chairman of Blackstone and a member of the board of directors of our general partner, Blackstone Group Management L.L.C.

Mr. Hill previously served as Co-Head of the Corporate and Mergers and Acquisitions Advisory group before assuming his role in the Funds of Hedge Funds group. In his current capacity, Mr. Hill is responsible for overseeing the day-to-day activities of the group, including investment management, client relationships, marketing, operations and administration. He also serves as a member of Blackstone’s Management and Executive Committees.

Before joining Blackstone in 1993, Mr. Hill began his career at First Boston, later becoming one of the Co-Founders of its Mergers & Acquisitions Department. After running the Mergers & Acquisitions Department at Smith Barney, he joined Lehman Brothers as a partner in 1982, serving as Co-Head and subsequently Head of Investment Banking. Later, he served as Co-Chief Executive Officer of Lehman Brothers and Co-President and Co-COO of Shearson Lehman Brothers Holding Inc.

Mr. Hill is a graduate of Harvard College and the Harvard Business School . He is a member of the Council on Foreign Relations where he chairs the Investment Committee and serves on the Council’s Board of Directors, and is a member of the Board of Directors of Lincoln Center Theater, where he serves as President. Mr. Hill serves as Chairman of the Board of Trustees of the Smithsonian’s Hirshhorn Museum and Sculpture Garden . He is a member of the Board of Directors of OpenPeak Inc.

James Robinson IV, RRE Ventures
Jim Robinson is a Co-Founder & Managing Partner of RRE Ventures. He has been active within the technology community for over twenty-five years as a venture capitalist, entrepreneur and banker.

Since co-founding RRE in late 1994, Jim has been responsible for more than thirty technology investments, with a focus on digital consumer, enterprise and financial services technologies. He is currently a Director of AdaptiveBlue, Betaworks, GoMobo, iCrossing, MixedSignals, m-Via, OpenPeak, Quirky, SmartPay, and Wisdomtree.

While earning a dual degree in Computer Science and Business Administration at Antioch College during the early 1980′s, Jim worked as a programmer for state government. Later he founded and was President of IV Systems, a firm that created small business applications for unix workstations. In 1986, Jim joined JP Morgan & Co., where he spent four years working on technology-related assignments, initially helping build their global risk management systems, and later as an investment banker in corporate finance. Jim earned an MBA from Harvard in 1992, and subsequently joined Hambrecht & Quist Venture Capital in San Francisco . While at H&Q he led investments primarily within the software and communications sectors.

Jim is involved in several non-profit endeavors, and has a particular interest in children’s rights and issues. He is a Director of the New York City Investment Fund (NYCIF), NYC Seed, a member of the National Police Defense Foundation, and a member of the Advisory Board of the National Association on Drug Abuse Problems. Jim has been a member of the Young President’s Organization since 1998.

Morton Topfer, Castletop Capital
Mort is a Co-Founder and Managing Director of Castletop Capital. Before Castletop, Mort was with Dell Inc. 1994 to 2002 where he served as Vice Chairman. Prior to his tenure at Dell, Mort spent 23 years with Motorola, where he held multiple executive positions spanning the full range of Motorola’s global business. Prior to Motorola, Mort spent 11 years at RCA Laboratories in various research and development and management positions, during which time he wrote a book on thick-film electronics. In 1996, Mort was conferred the Darjah Johan Negeri Penang State Award by the Governor of Penang for his contributions to the development of the electronics industry in Malaysia . Mort currently serves as a Director and Chairman of Measurement Specialties, Inc. (MEAS) and also serves as a board member of several private companies including OpenPeak Inc.