Broadpoint Expands Equity Research Offering

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Mon Apr 20, 2009 7:00am EDT

Internet & Video Game Analyst Ben Schachter, Hardware Analyst Brian Marshall,
Software Analyst Yun Kim Join Firm


NEW YORK--(Business Wire)--
Broadpoint AmTech, Inc., a broker-dealer subsidiary of Broadpoint Securities
Group, Inc. (NASDAQ:BPSG) renamed after Broadpoint`s purchase of American
Technology Research in October 2008, today announced the hiring of three senior
research analysts to deepen its leading technology research offering for
institutional investors. Ben Schachter, Brian Marshall and Yun Kim have joined
the firm from UBS, Jefferies Asset Management and Pacific Growth, respectively. 

"We are pleased and excited to have people of this caliber join Broadpoint,"
said Lee Fensterstock, Chairman and CEO of Broadpoint. "It is another step
forward as we create an investment bank of choice for both investors and
issuers." 

Mr. Schachter joins the firm to cover the internet and video games sectors. At
UBS, he was consistently ranked among the top internet analysts in Institutional
Investor surveys. Before joining UBS in 2000, Mr. Schachter founded an internet
company specializing in real estate services. He holds an MBA in Finance from
the Johnson School at Cornell University and a BA in Near Eastern Studies from
Cornell University. 

Mr. Marshall joins the firm to cover the hardware and enterprise storage
sectors. Previously, he ran a global TMT (telecoms, media, and technology)
long/short fund at Jefferies Asset Management. Prior to Jefferies, Mr. Marshall
was at D.E. Shaw Group and Citadel, responsible for the management of global TMT
investments. From 1999 to 2002, he was a senior sell-side analyst covering
semiconductors for JPMorgan (formerly Hambrecht & Quist). 

Mr. Kim joins Broadpoint AmTech from Pacific Growth to expand the firm`s
software coverage. Prior to Pacific Growth, he covered the software sector at AG
Edwards. Before joining the sell-side, he was employed at Accenture. 

"Ben Schachter, Brian Marshall and Yun Kim are all well respected analysts and
we are delighted that they are joining us," said Bob Meier, Head of Broadpoint
AmTech. "They are tremendously talented and experienced professionals who bring
a mix of industry expertise, buy-side experience and strong relationships with
our institutional and corporate clients." 

About the Company

Broadpoint Securities Group, Inc. (NASDAQ: BPSG) is an independent investment
bank that provides corporations and institutional investors with strategic,
research-based investment opportunities, capital raising, and financial advisory
services, including merger and acquisition, restructuring, recapitalization and
strategic alternative analysis services. The Company offers a diverse range of
products through the Debt Capital Markets, Investment Banking and Broadpoint
DESCAP divisions of Broadpoint Capital, Inc., its Equity Capital Markets
subsidiary, Broadpoint AmTech, and FA Technology Ventures Inc., its venture
capital subsidiary. For more information, please visit www.bpsg.com. 

Forward Looking Statements

This press release contains "forward-looking statements." These statements are
not historical facts but instead represent the Company's belief regarding future
events, many of which, by their nature, are inherently uncertain and outside of
the Company's control. The Company's forward-looking statements are subject to
various risks and uncertainties, including the conditions of the securities
markets, generally, and acceptance of the Company's services within those
markets and other risks and factors identified from time to time in the
Company's filings with the Securities and Exchange Commission. It is possible
that the Company's actual results and financial condition may differ, possibly
materially, from the anticipated results and financial condition indicated in
its forward-looking statements. You are cautioned not to place undue reliance on
these forward-looking statements. The Company does not undertake to update any
of its forward-looking statements. 







Broadpoint Securities Group, Inc.
Investors:
Robert Turner, 212-273-7109
Chief Financial Officer
Or
Halldin Public Relations
Media:
Ray Young, 916-781-0659
ray@halldinpr.com

Copyright Business Wire 2009

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