Jesup & Lamont, Inc. Regains Compliance With NYSE Amex Continued Listing Standards

Jesup & Lamont, Inc. Regains Compliance With NYSE Amex Continued Listing
Standards

NEW YORK, Aug. 17 /PRNewswire-FirstCall/ -- Jesup & Lamont, Inc. (NYSE Amex:
JLI), a boutique financial services firm providing brokerage and investment
banking services to retail and institutional clients, today announced that it
has regained compliance with all continued listing standards of NYSE Amex. By
letter dated August 13, 2009, following review of financial and quantitative
listing standards, as well as previously noted governance and corporate
matters, NYSE Amex confirmed that Jesup & Lamont, Inc. is now in compliance
with the standards for continued listing contained in Sections 704 and 801(h)
of the NYSE Amex Company Guide.

About Jesup & Lamont, Inc.
Established in 1877, Jesup & Lamont, Inc. has an extensive history on Wall
Street, with its origins encompassing such successes as providing brokerage
services to Standard Oil and raising capital for the construction of
Rockefeller Center. Jesup & Lamont, through its two wholly owned brokerage
subsidiaries, offers full service broker-dealer and registered investment
advisory services through approximately 120 producing registered
representatives in over 16 locations including offices in New York, San
Francisco, Boston, Boca Raton, Chicago, Fort Lauderdale and Orlando. The
Company's Jesup & Lamont Securities Corporation subsidiary also publishes
proprietary research on several industries including Aerospace/Defense,
Alternative Energy and Life Sciences/Healthcare and offers comprehensive
investment banking services.

Forward-Looking Statement Disclaimer
This press release contains "forward-looking statements" within the meaning of
the Private Securities Litigation Reform Act of 1995. Such forward-looking
statements involve known and unknown risk, uncertainties or other factors
which may cause actual results, performance or achievements of the Company to
be materially different from any future results, performance or achievements
expressed or implied by such forward-looking statements. Factors that might
cause such a difference include, without limitation, fluctuations in the
volume of transactional services provided by the Company, competition with
respect to financial services commission rates, the effect of general economic
and market conditions, factors affecting the securities brokerage industry as
well as other risks and uncertainties detailed from time to time in the
Company's Securities and Exchange Commission filings. The Company undertakes
no obligation to revise or update any forward-looking statement.

SOURCE Jesup & Lamont, Inc.

Steven Rabinovici, Chairman of Jesup & Lamont, Inc., +1-212-918-0401