Maxim Group LLC Expands Equity Research Department With the Appointment of a Senior China Analyst

NEW YORK, NY--(Marketwire - October 23, 2009) - Maxim Group LLC, a leading full-service boutique investment banking, securities and wealth management firm, today announced the appointment of Dr. Echo Yinghui He, M.D., PhD, as a Senior China Analyst.

"China is an important Research Vertical for Maxim Group and having a professional with Dr. He's experience will help reinforce our capabilities in this key segment," said Anthony Vendetti, Director of Research at Maxim Group.

Prior to joining Maxim Group, Dr. He was a Director at Oppenheimer & Co (former CIBC, Equity Research) where she conducted equity analysis of small- to mid-cap US-listed Chinese stocks. Previous to Oppenheimer & Co., Dr. He served as a Vice President at CRT Capital Group where she conducted equity and credit analysis of Chinese small-cap, US life science and distressed companies. Dr. He also served as a research scientist at the National Institutes of Health (NIH) where she conducted a part of the Human Genome Project aimed at interpreting diseases and their risks by genetic patterns.

Dr. He received a M.D. from Beijing University, a PhD in Medical Sciences from the University of Toledo and a M.B.A. in Finance and Economics from the University of Chicago.

About Maxim Group LLC

Maxim Group LLC is a full-service investment banking firm headquartered in New York. Maxim Group provides a full array of financial services including investment banking; private wealth management; and global institutional equity, fixed-income and derivatives sales and trading as well as equity research. Maxim Group currently manages in excess of $5 billion in client assets. The investment banking group focuses on middle market and emerging growth companies within the energy, health care, technology, retail, and business and financial services sectors. The institutional coverage of Maxim Group spans North and South America, Europe and Asia. Maxim Group LLC is a registered as a broker-dealer with the U.S. Securities and Exchange Commission and is a member of the following: Financial Industry Regulatory Authority (FINRA); Municipal Securities Rulemaking Board (MSRB); Securities Insurance Protection Corporation (SIPC); International Securities Exchange (ISE); NASDAQ Stock Market and the NYSE Arca, Inc. To learn more about Maxim Group, visit www.maximgrp.com.

Contact Information: Media Contacts: John J. Garrity Executive Managing Director Maxim Group LLC 405 Lexington Ave. New York, NY 10174 Tel: 212-895-3624 Email: jgarrity@maximgrp.com