New York, NY August 1, 2013, Aegis Capital is proud to announce the hiring of Evan Myrianthopoulos as Managing Director of its life science investment banking practice. Evan was formerly Chief Financial Officer of Soligenix, Inc., a clinical stage biopharmaceutical company based in Princeton NJ where he also served as a Board Director from 2002 until 2012. Evan was also a co-founder and Board Director of Discovery Laboratories, Inc. While at Discovery from 1996 till 2001, Evan held the positions of Chief Financial Officer, Chief Operating Officer, and VP of Finance. He led Discovery’s reverse merger with Ansan Pharmaceuticals to go public and also managed its merger with Acute Therapeutics.

During his tenures with Soligenix and Discovery, Mr. Myrianthopoulos led 17 financings totaling over $150 million in proceeds, 4 company acquisitions and 13 licensing deals. Prior to co-founding Discovery, Mr. Myrianthopoulos was in the venture capital group at Paramount Capital, Inc., a New York City based biotechnology investment bank. Prior to joining Paramount, Mr. Myrianthopoulos was a founder and managing partner of S&M Capital Management, a technology focused hedge fund, and also held senior positions in the treasury departments at the National Australia Bank and Merita Bank where he was employed as a spot currency trader. Mr. Myrianthopoulos holds a B.A. in Economics and Psychology from Emory University.

Aegis Capital's CEO Robert Eide Commented; “We are very pleased that Evan has joined Aegis Capital. Evan has a wealth of experience from the issuer side that will enhance and build our investment banking relationships."

Aegis Capital's Head of Business Development Phillip Michals commented; “Evan brings a deep corporate skillset to our investment banking department in that he has sat in senior management's and the Board's shoes for many years while at Discovery and Soligenix. In these positions, he led finance, business development, and investor outreach programs for these companies. This perspective will serve us well in better understanding the needs and sensitivities of our investment banking clients.”

About Aegis - Aegis Capital has been in business for the past 27 years and maintains a conflict free service platform catering to the needs of private clients, institutions and corporations. Aegis

Capital Corporation was founded in 1984 by Robert Eide, its current CEO and Chairman. Aegis' origins were based on servicing the specific needs of an extremely affluent customer base. Today, it has become a premiere full-service investment banking firm with twelve locations and employees stretching from Florida to Rochester, NY. It has clients in all 50 states and overseas. Aegis has been able to bring quality service through its clearing relationships with RBC and JP Morgan.

Any questions contact

Business Development

Phil Michals-800-380-4241

pmichals@aegiscapcorp.com