Jacob & Company Securities Inc.

Jacob & Company Securities Inc.

August 30, 2007 14:49 ET

Jacob & Company Securities Expands Institutional Sales

TORONTO, ONTARIO--(Marketwire - Aug. 30, 2007) - Mr. Sasha Jacob, Vice-Chairman and CEO, Jacob & Company Securities Inc., today announced that Christopher Barnes has joined Jacob & Company in institutional sales.

Jacob & Company is an independent investment bank providing underwriting and financial advisory services to companies in the renewable power, infrastructure and energy sectors.

"I'm very pleased that Chris is joining our team. He has managed buy side relationships as both a consultant and on the issuer side for over 10 years. Chris is well acquainted with how to build institutional relationships and believes strongly in the growth of renewable power," Mr. Jacob said.

"This is a tremendous opportunity to join a growing firm that has pioneered investment in renewable power in Canada," Mr. Barnes said. "I look forward to leveraging the relationships I've built with the buy side and introducing them to Jacob & Company's growing client base. Renewable power is becoming more accepted every day as the preferred alternative to burning fossil fuels to generate power, and I'm pleased to be joining a team focused on this rapidly emerging sector."

Since the launch of Jacob & Company in early 2007, the firm has either been lead or taken part in over 10 financings valued at more than $150 million within the renewable power industry.

Mr. Jacob said that more deal announcements, both private and public, are forthcoming, as well as details about other industry professionals who are expected to join the firm.

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