SOURCE: Thomas Weisel Partners Group, Inc.

September 13, 2007 21:30 ET

Thomas Weisel Partners Group, Inc. Announces Expansion of Brokerage Team

SAN FRANCISCO, CA--(Marketwire - September 13, 2007) - Thomas Weisel Partners Group, Inc. (NASDAQ: TWPG), an investment bank focused on the growth sectors of the economy, has announced the expansion of the firm's brokerage operations.

As part of its strategy to broaden its brokerage account base, Thomas Weisel Partners expanded its operations with several new hires and office openings. The firm has recently added one new team of senior institutional sales professionals in the Midwest and two new teams in Europe. The teams in Europe were formerly associated with the Prudential Equity Group. "Adding twelve sales professionals in Europe and two in the Midwest will significantly enhance our distribution system," said Paul Slivon, Director of Sales. TWP recently opened offices in Chicago, Cleveland and London and will soon open offices in Baltimore and Zurich.

In addition, Andrew Tuthill and Daniel Covatta, two senior traders from UBS, have joined the firm to initiate a Special Situations desk. The team will focus on sourcing liquidity via overnight block trades and reverse inquiries for Investment Banking, Institutional, Private Equity and High Net Worth clients in a confidential manner. "Non traditional risk trades are becoming an increasingly important source of capital raising and secondary market activity and we are expanding our franchise in that area," explained Tony Stais, Director of Trading.

Thomas Weisel Partners continues to enhance its trading operations with several recent hires. TWP's commitment to its consumer franchise is evidenced by the recent hires of Jack Collins and Jake Hunter in block trading. Mr. Collins and Mr. Hunter will trade the consumer book and are based in New York. Robert Redfield and Tony DelCarmine have joined Steve Blatney as senior members of TWP's growing electronic trading group. Mr. Redfield joined from Bear Stearns where he was the senior program trading professional on the West Coast and Mr. DelCarmine joins from UBS.

Central to Thomas Weisel Partners' brokerage operation is its strong research product that generates timely, insightful views on growth companies as well as original thought pieces on new areas of growth and the best prospects within them. With a team of 30 senior analysts, the firm distinguishes itself from other Wall Street firms by focusing research on growth opportunities that are transforming the U.S. economy.

About Thomas Weisel Partners Group, Inc.

Thomas Weisel Partners Group, Inc. is an investment bank, founded in 1998, focused principally on the growth sectors of the economy. Thomas Weisel Partners Group, Inc. generates revenues from three principal sources: investment banking, brokerage and asset management. The investment banking group is comprised of two disciplines: corporate finance and strategic advisory. The brokerage group provides equity and convertible debt securities sales and trading services to institutional investors, and offers brokerage, advisory and cash management services to high-net-worth individuals and corporate clients. The asset management group consists of: private equity, public equity and distribution management. Thomas Weisel Partners is headquartered in San Francisco with additional offices in New York, Boston, Silicon Valley, Portland, Cleveland, Chicago, London and Mumbai.