Boenning & Scattergood Selects William Malarkey to Lead Investment Banking Effort...

Boenning & Scattergood Selects William Malarkey to Lead Investment Banking Effort in Industrial Services Sector

** Addition of William Malarkey Provides Industrial Services
Banking Capability with a Focus on Water and Water Related Businesses
**
WEST CONSHOHOCKEN, Pa.--(Business Wire)--
Boenning & Scattergood, Inc., an independent investment bank and
securities firm based in suburban Philadelphia, has announced the
addition of William Malarkey as Managing Director, Investment Banking.
Mr. Malarkey will focus on banking in the industrial services space
with a concentration on water and water related transactions. He
brings with him more than 16 years of experience in international
utilities and infrastructure markets, focused on the areas of strategy
development, mergers & acquisitions, privatization, corporate and
project finance.

Previously, Mr. Malarkey headed business development efforts for
an affiliate of Wexford Capital LLC, pursuing investment opportunities
in the water and environmental sector. He also served as Vice
President, Business Development at American Water, responsible for all
M&A activities and alliances/joint ventures, as well as for managing
major client and partner relationships for North America's largest
private water services provider. Prior to that, he held senior
M&A/corporate development roles with the German utility groups RWE and
E.ON, and has also worked as a management consultant and attorney in
the utilities and infrastructure sectors.

"The addition of Bill Malarkey to our investment banking team is
consistent with our strategy of supporting our industry verticals with
senior investment bankers," commented James S. Still, Head of
Investment Banking at Boenning & Scattergood. "Bill is a seasoned
professional in the industry and we believe that his operating
experience and M&A background will provide value-added expertise to
our water and industrial services clients."

His professional affiliations have included terms as an Advisory
Board Member for the Urban Water Council of the US Conference of
Mayors, and as Vice Chairman of the Water Institute of the National
Council for Public-Private Partnerships. He earned his BS and JD at
Georgetown University, and holds an LL.M. degree from the University
of Heidelberg in Germany.

About Boenning & Scattergood

Boenning & Scattergood, Inc. is an independent investment banking
and securities firm headquartered in West Conshohocken, PA. Since
1914, Boenning focuses on providing highly customized financial
solutions supported by a full compliment of products and services to
meet the investment needs of individual, institutional and corporate
clients. For more information, please visit www.boenninginc.com.
Member FINRA / SIPC.

Boenning & Scattergood, Inc.
James S. Still, 610-832-5317
jstill@boenninginc.com

Copyright Business Wire 2008