ALLIANT PARTNERS CONTINUES GROWTH TREND; STRENGTHENS LEADERSHIP POSITION; Senior Advisor and Technology Investment Banking Specialist, Richard Dalton, Joins Electronics Systems Group

Company news  |  June 10, 2003

SANTA CLARA, Calif., June 10, 2003 — Alliant Partners, a leading mergers and acquisitions advisor to technology companies, announced Richard Dalton has joined its team of senior advisors. Bringing over 20 years of investment banking and finance experience in the technology industry, Dalton will serve as a managing director for the Electronic Services Group at Alliant. In this role, Dalton will provide leadership and counsel on mergers, acquisitions and strategic alliances for emerging and middle market technology companies. Alliant Partners is Silicon Valley Bancshares' [NASDAQ: SIVB] investment banking affiliate.

"Alliant continues to buck the trend of contraction among M&A firms with its strong deal flow and related growth in headcount. We've completed 18 transactions in 2003 to date and continue to see a strong pipeline of engagements," said Jim Kochman, president and CEO of Alliant Partners. "The value of Alliant Partners lies in the depth of experience of our advisors, who have mastered the M&A business and understand entrepreneurs. Rick's talent, tech expertise and extensive track record leading technology transactions make him a welcome addition to our team and he will serve Alliant well as we continue to grow."

Dalton's background is ideally suited for his leadership role in Alliant's Electronic Systems Group, which serves companies in the fields of telecommunications and networking equipment, storage, semiconductor equipment, test and instrumentation, electronic design automation, software and services and consumer electronics.

Over his career, Dalton has been involved in nearly 100 completed transactions, including a wide variety of domestic and cross-border mergers, acquisitions, divestitures, private placements, leveraged recaps, go-private and restructuring transactions. In recent years, much of Dalton's experience has involved advising public companies in the creation of corporate development strategies.

Previously, Dalton was head of the Computing Infrastructure Group at Broadview International, LLC where he specialized in providing M&A advice to companies producing computer peripherals, storage, embedded systems and test and measurement instruments and production equipment.

Prior to Broadview, Dalton was a member of the U.S. Corporate Finance Group of Robert Fleming Inc., an international merchant banking organization and its Asian affiliate, Jardine Fleming. While at Fleming, Dalton structured M&A and corporate partnering transactions between U.S. and Asian companies. Prior to Fleming, Dalton practiced public accounting with Touche Ross & Co.

Dalton holds a bachelor's degree from Boise State University with an emphasis in Finance and he earned certification as a CPA and a CMA.

About Alliant Partners
Alliant Partners is a leading investment banking firm providing merger and acquisition and corporate partnering services to middle-market technology companies. The firm also provides complementary services, such as capital restructuring, valuations, and fairness opinions. Silicon Valley Bank acquired Alliant Partners in September 2001. Alliant Partners' expertise spans the technology landscape, with specific practice areas for semiconductors, software and services, hardware and electronic systems, and medical devices and life sciences. Additional information is available at www.alliant.com.

About Silicon Valley Bancshares
For 20 years, Silicon Valley Bancshares, a financial holding company providing diversified financial services, has sustained its mission to provide innovative solutions to help entrepreneurs succeed. The company's principal subsidiary, Silicon Valley Bank, serves emerging growth and mature companies in the technology and life sciences markets, as well as the premium wine industry. Headquartered in Santa Clara, Calif., the company offers clients financial products and services including commercial, investment, merchant and private banking, as well as value-add client services using its proprietary knowledge base. Merger, acquisition and corporate partnering services are provided through the company's broker-dealer subsidiary, Alliant Partners. More information on the company can be found at www.svb.com.