Announcing the 2008 RedChip Elite Investment Conference in NYC

The event at which ERHC Energy will present and exhibit, features an expert panel discussion on naked short-selling, Nov. 5, 2008 at the Harvard Club of New York, 8 a.m. to 5:30 p.m. EST

ORLANDO, Fla., Oct. 28, 2008 – RedChip Companies, Inc. today announced that the CEOs and executive teams of emerging small-cap companies, including ERHC Energy (OTCBB: ERHE), will deliver financial presentations during RedChip’s Elite Investment Conference, a one-time only, single-track event to be held Nov. 5, 2008, from 8 a.m. to 5:30 p.m. on the main floor of the Harvard Club in New York City (35 West 44th Street). The event will also feature an expert panel discussion on naked short-selling, counterfeit shares, stock kiting, failures-to-deliver, and trading surveillance.

Panelists include David E. Wenger, a 20-plus year securities industry veteran and founder and chief executive officer of Shareholder Intelligence Services LLC; James Wesley Christian, a securities attorney and partner at Christian, Smith & Jewell who has led a two law firm consortium pursuing brokerage and clearing firms in six states (in state and federal court) for stock fraud and manipulation; and C. Austin Burrell, a 30-plus year Wall Street consultant widely known for his writings on securities fraud, particularly relating to naked short-selling, sale of unregistered securities, counterfeiting of commercial securities, failures to deliver, offshore banking, money laundering, and tax evasion by organized crime.

RedChip Investor Conferences feature networking events and financial presentations by small-cap companies representing a broad range of sectors including Alternative Energy, Telecommunications, Technology, Energy, Consumer Goods, Healthcare, Biotechnology, Services, and more.

The November 5th conference will include presentations by the following companies:

ERHC Energy Inc. (OTCBB: ERHE); Quantum Fuel Systems Technologies Worldwide, Inc. (NasdaqGM: QTWW); ZBB Energy Corporation (AMEX: ZBB); Worldwide Energy & Manufacturing USA, Inc. (OTCBB: WEMU); Bridgeline Software, Inc. (NasdaqCM: BLSW); Elephant Talk Communications, Inc. (OTCBB: ETAK); EnterConnect Inc. (OTCBB: ECNI); Adventus Technology Inc. (Private); ZAGG, Inc. (OTCBB: ZAGG); Bioheart, Inc. (NasdaqCM: BHRT); and RXi Pharmaceuticals (NasdaqCM: RXII); and more.

RedChip investor conferences are a nationally known forum for emerging small-cap companies to present their stories before hundreds of retail brokers, institutional brokers, fund managers, portfolio managers, accredited investors, and research analysts whose disciplined focus towards the small-cap markets represents their core investment strategies.

During the event, Wall Street Webcasting will provide video streaming services via http://www.redchip.com so investors around the world can view company presentations live. Participating investors will have the opportunity to meet one-on-one with the CEOs of presenting companies.

Attendance is free, but preregistration is required and seating is limited. A $25 entrance fee will be charged at the door for non-registered individuals. To register online, please visit http://www.redchip.com/visibility/conferencePages/NewYorkNovember2008/conferenceMain.asp or call 1-800-RedChip (733-2447), Ext. 127.

Preregistered attendees are also invited to the closing cocktail reception to be held on November 5th, from 4:30 p.m. to 5:30 p.m. at the Harvard Club, featuring, open bar, hors d’oeuvres, and prize giveaways.