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Gesmer Updegrove Announces New Partner Sean W. Gilligan

February 6, 2006– Boston MA- The law firm of Gesmer Updegrove LLP has announced that Sean W. Gilligan has joined the firm as a partner in the Firm’s Corporate and Creditors’ Rights practice areas. Mr. Gilligan is a bankruptcy and finance attorney whose practice includes representing lenders, private equity and venture capital funds, business owners and landlords in bankruptcy cases, turnarounds, recapitalizations and asset sales. His finance practice includes representing insurance companies, banks, money center institutions and non-traditional lenders in all facets of debt financing transactions. Prior to joining the Firm, Mr. Gilligan was a partner at Pepe & Hazard LLP.

Mr. Gilligan received his undergraduate degree in Economics and Political Science from Union College, and his law degree from The George Washington University School of Law. He is admitted to practice in Massachusetts (2001) and Connecticut (1987). He is admitted to practice in the United States District Court for the Districts of Massachusetts and Connecticut.

Gesmer Updegrove LLP is a Boston-based law firm that specializes in representing technology clients. Their clients are individual entrepreneurs, private and public companies, venture capitalists and major educational non-profit institutions.