Catalyst Financial LLC
TSX : ECG
NASDAQ : ECGI

October 20, 2006 19:26 ET

Catalyst Financial LLC Announces Investment in Envoy Communications Group Inc.

TORONTO, ONTARIO--(CCNMatthews - Oct. 20, 2006) - Catalyst Financial LLC ("Catalyst") (TSX:ECG)(NASDAQ:ECGI) announces that it has acquired 38,000 common shares (the "Common Shares") of Envoy Communications Group Inc. (the "Company"), representing approximately 0.2% of the issued and outstanding Common Shares of the Company, which acquisition increases its holdings in the Company to 1,978,000 Common Shares, representing approximately 10.2% of the issued and outstanding Common Shares of the Company.

As a result, Catalyst together with Catalyst Fund GP, LLC, (the "Fund"), Catalyst Financial LLC Profit Sharing Plan F/B/O Steven and Kimberly Bronson (the "Plan") and Steven and Kimberly Bronson, beneficially own an aggregate of 1,978,000 Common Shares, or approximately 10.2% of the issued and outstanding Common Shares of the Company. Catalyst, together with the Fund, the Plan and Steven and Kimberly Bronson, hold the Common Shares for investment purposes and may acquire further Common Shares, or dispose of its holdings of Common Shares, both as investment conditions warrant.

The securities were acquired through The NASDAQ Capital Market which trades under symbol "ECGI". The Company is also listed on the Toronto Stock Exchange under the symbol "ECG".

Catalyst has its head office at 100 Mill Plain Road, Danbury, Connecticut, 06811.

Contact Information

  • Catalyst Financial LLC
    Steven N. Bronson
    (203) 791-3944