Law Offices of Howard G. Smith Announces Investigation On Behalf of Shareholders of The Orchard Enterprises, Inc.

Law Offices of Howard G. Smith announces that it is investigating potential claims against the board of directors of The Orchard Enterprises, Inc. (“The Orchard” or the “Company”) (NASDAQ:ORCD) related to the Company’s agreement to be acquired by Dimensional Associates, LLC (“Dimensional Associates”).

Under the terms of the definitive merger agreement entered into by the parties, Dimensional Associates will acquire all of the common stock of The Orchard not currently owned by Dimensional Associates or its affiliates for $2.05 per share, and stockholders will also receive a contingent right to receive additional consideration, under certain circumstances post-closing if Dimensional Associates or any of its affiliates enters into a commitment to sell at least 80% of The Orchard’s voting securities or assets within six months of the consummation of the merger. Dimensional Associates currently owns approximately 42% of the Company’s outstanding common stock and 99% of the Company’s outstanding Series A Preferred Stock – approximately 53% of the Company’s voting securities in the aggregate. Completion of the proposed transaction is expected to occur in the third quarter of 2010. The investigation concerns possible breaches of fiduciary duty and other violations of law related to approval of the transaction by The Orchard’s board of directors.

If you own shares of The Orchard Enterprises, Inc., if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.

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