Power of the Dream Ventures Retains Sichenzia Ross Friedman Ference LLP

BUDAPEST, HUNGARY, Jan 12 (MARKET WIRE) --
Power of the Dream Ventures, Inc. (OTCBB: PWRV), Hungary's premier
technology acquisition and development company, today announced that it
retained Sichenzia Ross Friedman Ference LLP to serve as legal counsel to
the company in issues relating to regulatory and business matters.

"I am delighted to be a client of Sichenzia Ross Friedman Ference LLP.
Their reputation and leading position will be a great asset to the Company
as we move forward and fully execute our business plan. They have been
instrumental in helping a number of other Hungarian companies navigate
through the regulatory landscape and obligations of being publicly traded.
I look forward to a long and fruitful partnership with them," commented
Viktor Rozsnyay, CEO of the Company.

"We are very excited to be representing Power of the Dream Ventures, Inc.
We have had great success representing other public companies traded in
the United States that have their principal business operations in
Budapest. We will make available to Power of the Dream Ventures, Inc. all
of our resources both in the United States and Hungary," said Gregory
Sichenzia, Founding Partner of Sichenzia Ross Friedman Ference LLP.

About Power of the Dream Ventures

Power of the Dream Ventures, Inc. is a leading technology holding company.
We identify and harness the unique technological prowess of Hungary's
high-tech industry, turning promising ideas and ready to market
products/technologies into global industry leaders. We focus on
developing, acquiring, licensing, or co-developing technologies that
originate exclusively in Hungary that are in prototype stage based on
existing patents; in prototype stage prior to patenting; existing
products that require expansion capital to commercialize; emerging
science and high-technology research projects that require help in
patenting, developing the product and marketing, University spin-off
technologies, and ideas from the very early stage that represent
"disruptive technologies." We primarily focus on providing enabling
solutions in the fields of environmental technologies, power generation
and storage, software products and services, biotechnology, medical
devices and what we call 'disruptive technologies.' For more information
please visit our website at http://www.powerofthedream.com

About Sichenzia Ross Friedman Ference LLP

Sichenzia Ross Friedman Ference LLP represents over 100 publicly traded
companies and at least two with operations in Budapest. SRFF has led the
nation in representing public companies in PIPEs transactions, both
domestic and International, since 2004. The New York based firm has
completed over 250 such transactions totaling over 1 billion dollars. The
Firm provides experienced, professional representation in all matters
involving the securities industry, as well as in all general corporate and
litigation matters. SRFF's clients range from start-ups to established,
listed companies. For more information, visit www.SRFF.com.

Contact:

At the Company:

Viktor Rozsnyay
President and CEO
Phone: +36-1-456-6061
Fax: +36-1-456-6062

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