Broadpoint Adds Harris

Geoffrey Harris has joined Broadpoint Capital’s Investment Banking Division as a Managing Director. The firm is a broker-dealer subsidiary of Broadpoint Securities Group, Inc. Harris has been Global Head of Healthcare Research at UBS, and a portfolio manager for Sirios Capital Management and Jefferies Asset Management, LLC.

Press release:

Broadpoint Capital, Inc., a broker-dealer subsidiary of Broadpoint Securities Group, Inc. (NASDAQ:BPSG), today announced that Geoffrey Harris has joined the firm’s Investment Banking Division as a Managing Director.

Mr. Harris joins Broadpoint after a 23-year career in the healthcare capital markets field, including as an Institutional Investor All-Star healthcare research analyst at Smith Barney, Global Head of Healthcare Research at UBS, and as a portfolio manager for Sirios Capital Management and Jefferies Asset Management, LLC. Mr. Harris earned an MBA from the MIT Sloan School of Management and a BA in Economics and Psychology from Oberlin College and is a Chartered Financial Analyst.

Lee Fensterstock, Chairman and CEO, said, “We are excited to have Geoff join our investment banking department. His strong corporate relationships and perspective on the healthcare industry from his long career as both a research analyst and an investor make him uniquely qualified to provide strategic advice to companies and institutions involved in this field.”

“Given the significant issues facing the industry and the current turmoil in the capital markets, we think there is a sizeable opportunity in the healthcare sector for high-level advice and transaction execution,” said Peter McNierney, President and COO. “I have known Geoff for 18 years and worked with him at Smith Barney. He brings tremendous energy and experience to our investment banking platform and we look for Geoff to help us take a leadership role in this evolving industry.”

About Broadpoint

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

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