SOURCE: Majestic Research

April 05, 2007 09:00 ET

Majestic Research Opens San Francisco Office

Stellar Growth Necessitates West Coast Presence

NEW YORK, NY and SAN FRANCISCO, CA -- (MARKET WIRE) -- April 5, 2007 -- Majestic Research, a boutique equity research firm with a unique, technology-driven approach to data, announced the opening of a San Francisco office today. The office will feature two sales associates and two research analysts. San Francisco is an ideal strategic location for Majestic's expansion, with many hedge fund clients and institutional investors located on the West Coast, as well as close proximity to important companies in the E-Commerce and Consumer Technology sectors covered by Majestic's analysts.

"Establishing a San Francisco office enables us to be closer to our West Coast clients and many of the companies we cover," said Doug Atkin, president and CEO of Majestic Research, and former CEO of Instinet. "This expansion is also the latest example of our strong growth and reinforces the success of our revolutionary research model. Our scalable approach enabled us to achieve over 100% growth in 2006 -- we're changing the paradigm for investment research much like Instinet did for online trading."

Majestic's data-driven research provides institutional investors with highly valuable insights into companies' sales trends, revenue streams, and market share by leveraging exclusive relationships with proprietary industry data providers. The firm generates fresh insights by applying technological expertise to millions of pieces of publicly available data, which it then carves into precise analysis.

Majestic has no investment banking relationships and does not offer Buy or Sell recommendations, but rather offers an actionable, real-time edge to its clients through intra-quarter views into company and sector performance. Majestic also offers customizable research to its many clients.

The firm's coverage includes leading E-Commerce companies like Amazon, eBay, Google and Yahoo, Consumer Technology stocks such as Apple, Garmin and Sandisk, along with seven other sectors: Airlines, Auto Retail, Casinos, Cruise Lines, Financial Exchanges, Healthcare, and Homebuilders.

About Majestic Research

Majestic Research is an independent, data-driven, equity research firm that is revolutionizing the Wall Street research model. Majestic gathers and analyzes massive amounts of proprietary industry data, to provide unique, real-time, and highly accurate insights into how a sector or company is performing. Majestic produces syndicated and custom research in nine sectors: Airlines, Auto Retail, Casinos, Consumer Technology, Cruise Lines, E-Commerce, Financial Exchanges, Healthcare, and Homebuilders. New York City-based Majestic, founded in 2002 and headed by former Instinet CEO Doug Atkin, uses technology to aggregate and analyze data encompassing millions of Web pages -- producing insights for over 150 clients, including hedge funds, mutual funds and private equity firms. For more information, please visit: www.majesticresearch.com.

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