Pierce strategy is to focus on technical areas where it has gained expertise. During the 90’s Pierce worked in telecom and networks. With the decline of this sector, the Company has refocused on IT, software and power projects, returning to Pierce’s experience gained in these sectors during the 80’s. Pierce believes that consolidation will be the trend in the technology sector over the next several years. In IT, the Company is concentrating on systems integrators and service providers, particularly as they pertain to the government sector which is currently in consolidation. In the software segment, the Company is concentrating on enterprise software, with a focus on security solutions protecting internet applications, content, and enterprise networks, as well as niche applications that can be desirable product line extensions to the larger enterprise software companies. This consolidation trend has just begun.

With respect to power, Pierce has financed thermal and hydroelectric projects overseas in the past but is currently focusing on alternative or renewable power: wind, biomass and solar. The Company has completed or is working on wind power projects in California, Colorado, Pennsylvania and offshore of the Continental United States. It has solar projects in both in Arizona and California, and a biomass project in  Central America.

Pierce is working on the following projects in Russia and the Ukraine: Arrangement of $50M of debt/equity financing for the largest manufacturer of consumers electronics in Russia; Acquisition of two separate small independent oil company in Khanty – Mansiiysk Region (Russian Federation), with approximate value of $150 and $90 M respectively; Acquisition of small independent oil company in the Tomsk region of the Russian Federation ($45M approximately); Arrangement of debt/equity financing for a medium-size gas production company in Western Ukraine; Arrangement of debt/equity financing for medium size coal bed methane production company in the Donetsk basin in Ukraine.