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Melville, NY -- July 14, 2004 -- Long Island (LI) Invest, Inc., a not-for-profit organization based on Long Island, today announced the complete list of companies that have registered to present at LI Invest 2004 on September 23, 2004 at the Melville Marriott. The companies have an average market capitalization over $3 billion. LI Invest's mission is to promote economic development on Long Island through an annual investor conference. LI Invest 2004 will be the first independent investor conference to bring together public and private companies with local interests and the financial community.

"We are extremely pleased to announce that an extraordinary group of Long Island companies have been confirmed to present at LI Invest 2004," said Jordan M. Darrow, President of LI Invest. "The LI Invest 2004 program will span a wide range of industry groups, including technology, telecommunications, biotechnology, healthcare, financial services, and retail/consumer sectors. C-level executives from the presenting companies include eight of Long Island's "Elite 25" and 14 of the "Top 100 Companies" in Newsday's "Top Local Companies" index. Based on responses we have received from investors, presenters and sponsors to date, we believe that LI Invest 2004 will prove in its first year to be an influential investment community forum."

Twenty public and private companies are registered to present at LI Invest 2004. The public companies are 1-800-Flowers.com Inc. (NASDAQ: FLWS), Aeroflex (NASDAQ: ARXX), Arrow Electronics Inc. (NYSE: ARW), Computer Associates International Inc. (NYSE: CA), Enzo Biochem Inc. (NYSE: ENZ), Globecomm Systems (NASDAQ: GCOM), Henry Schein, Inc. (NASDAQ: HSIC), JetBlue Airways Corp. (NASDAQ: JBLU), Keyspan Corp. (NYSE: KSE), Misonix Incorporated (NASDAQ: MSON), North Fork Bancorp, Inc. (NYSE: NYB), Nu Horizons Electronic Corp. (NASDAQ: NUHC), Park Electrochemical (NYSE: PKE), SMSC (NASDAQ: SMSC), Sterling Bancorp, Inc. (NYSE: STL), Symbol Technologies (NYSE: SBL), and Veeco Instruments Inc. (NASDAQ: VECO). The private companies are FatWire Software, INVISION.COM, Inc. and Rogar Studios, Inc.

"Outreach initiatives targeting a broad set of investment community attendees including buy- and sell-side analysts, portfolio managers and high net worth individuals has begun and there has been a great deal of excitement surrounding the upcoming conference," said Carolynne Borders, Executive Vice President of LI Invest. "Interest on behalf of our presenting companies, sponsors and the investment community in being involved with LI Invest 2004 has so far exceeded our expectations and we look forward to a successful event that only grows in stature each year."

Luncheon Presentation with Top Wall Street Analysts
LI Invest has also planned a white glove lunch for conference attendees. During the lunch, a diversified panel of securities analysts covering industries reflective of the presenting companies at LI Invest 2004 will present their perspectives in, "A View From The Street: Hear What Top Wall Street Analysts Are Saying." Lunch panelists include Dr. Reni Benjamin, Senior Biotechnology Analyst at Rodman and Renshaw; Robert Maire, Principal Semiconductor Analyst at Needham & Company; James McIlree, Vice President and Defense and Diversified Technology Analyst at Unterberg, Towbin; and Jacqueline Reeves, Managing Director and Banking Analyst at Ryan Beck & Co.

Warren Strugatch, journalist, author and independent business analyst will moderate the panel of investment analysts. Since June 2000, Mr. Strugatch has written a weekly Sunday column for The New York Times, "Long Island at Work," covering a broad range of regional business and economic topics.

New Advisory Board Member Announced
The Advisory Board for LI Invest continues to play an active role in guiding the organization and assisting with its progress. LI Invest is proud to announce that Neil M. Kaufman has been appointed to LI Invest's Advisory Board. Mr. Kaufman has extensive experience in the New York City and Long Island legal and business communities. He is the founder and senior partner of Kaufman & Associates, LLC, a corporate and securities law firm that provides representation for public and private companies, investment banking and brokerage firms, venture capitalists, banks and other financial institutions.

Mr. Kaufman also serves as a Director and Secretary of the Long Island Capital Alliance, formerly known as the Long Island Venture Group; Chairman of the Banking and Securities Law Committee of the Nassau County Bar Association; a member of the Corporate Advisory Board of the Dolan DNA Learning Center of Cold Spring Harbor Laboratory; and a member of the Corporate Board Member - Korn/Ferry International Next Generation Director 1000 Program. He formerly served as chairman of the board of Vizacom Inc., a publicly-held software and technology solutions company.

LI Invest's Advisory Board has grown since its inception less than a year ago to include four influential local leaders. On the Advisory Board, Mr. Kaufman joins Michael Breit, a Partner of the Long Island office of Ernst & Young; Andrew Krieger, a renowned and highly respected local financier with 35 years experience in the financial community and securities industry; and Herman Fialkov, a Special Partner of Newlight Associates and a pioneer in the high technology and venture capital fields.

LI Invest, Inc. is a not-for-profit organization with a mission to promote economic development on Long Island through an annual investor conference. LI Invest 2004 will be the first independent investor conference to bring together public and private companies with local interests and the financial community. The organization's first annual conference will be held on September 23, 2004 in the Grand Ballroom of the Melville Marriott Long Island hotel. There is no charge for registered guests to attend the conference, which will offer a continental breakfast and Wall Street Panel luncheon. Attendee registration information is available on the LI Invest Web site at www.liinvest.org.