DMS Opens Hong Kong Office

GEORGE TOWN, Cayman Islands, February 21, 2011 - Continuing its global expansion, dms Management Ltd. (DMS), the largest
management firm in the Cayman Islands focused on serving the hedge fund
industry, proudly announces the opening of its representative office in the
Asia-Pacific region: dms Management (Hong Kong) Limited. The establishment of
the Hong Kong office ensures real-time service for DMS' Asia-Pacific
clientele, as well as further solidifies the global strength of the firm's
infrastructure and its commitment to strategic and innovative growth.

(Logo: photos.prnewswire.com/prnh/20100708/MXTH001LOGO-b )

Supported by DMS' Cayman office, the global leader in corporate
governance, the Hong Kong office provides localized client services, further
strengthening the relationships between Hong Kong and Cayman Islands service
providers. This global reach, combined with DMS' unique blend of industry
leading applications and custom-built platforms, will provide unparalleled
accessibility for the firm's clients as well as provide stability in its
robust business continuity plan.

Leading the Hong Kong team is David Lyons, Director, where he oversees
all aspects of client service delivery, across multiple product lines, for
Hong Kong and Asia-Pacific clientele. He also spearheads business development
opportunities and the growth of DMS' infrastructure in Hong Kong. Mr. Lyons
previously served as a Senior Associate in the Cayman office, where he was
heavily involved in business development across Asia.

Commenting on the office launch, Mr. Lyons said, "This is an incredible
opportunity to provide real-time service to our Asia-Pacific clients and
continue the growth of DMS. With our state-of-the-art fund governance support
platform, we ensure that our global client base continues to receive a
service that is first in its class. The Hong Kong office affirms DMS'
long-term commitment to the region and its clients."

DMS Managing Director David Bree, commented, "Purpose-built to enable us
to serve the needs of the modern-day hedge fund, our Hong Kong office
facilitates real-time service and ensures stronger client relationships. Our
heightened presence in the Asia-Pacific market further builds our strength
and depth across multiple jurisdictions, and complements our expanding
strategic locations, in addition to our headquarters in the Cayman Islands,
including Brazil and Ireland. By extending our commitment and coverage in the
Asia-Pacific region, we will be able to provide continued seamless
integration with the Cayman Islands and are confident that this move will
only further reinforce DMS' internationally-renowned reputation as the
industry leader in fund governance."

DMS is the largest management firm in the Cayman Islands focused on
serving the hedge fund industry. Its principals serve as independent
directors, advise hedge funds in distressed conditions, structure and service
offshore hedge fund business solutions. With 12 directors and more than 50
industry professionals leveraging proprietary leading-edge technology, DMS is
the most professional firm in fund governance and is internationally
recognized as the industry leader. For more information, visit
www.dmsmanagement.ky.

David Lyons, Director, (p)+852-3798-2646, (c) +852-6011-0566, (e) dlyons at dms.com.ky