VenGrowth Asset Management Inc.

August 23, 2007 16:22 ET

VenGrowth Asset Management Expands Coverage in B.C., Quebec and Atlantic Canada

Growing demand for innovative investment solutions from Criterion Investments increases VenGrowth's investment advisor partnerships Canada-wide.

TORONTO, ONTARIO--(Marketwire - Aug. 23, 2007) - VenGrowth Asset Management Inc. ("VenGrowth"), a leading Canadian alternative investment firm and distributor of VenGrowth Funds and Criterion Investments, today announced it has strengthened national sales operations with the addition of two experienced personnel.

Based in Vancouver, Scott Miller has joined the firm as Regional Vice President exclusively covering British Columbia. Based in Montreal, France Laliberte has joined as Regional Vice President exclusively covering Quebec and Atlantic Canada. Both bring over 10 years of financial services experience and proven ability to support Canadian investment advisors in their business-building efforts.

The recent additions follow the October 2006 appointment of Stephanie Monson as Regional Vice President covering the Prairies. Stephanie is based in Calgary.

"VenGrowth is committed to supporting advisors from coast-to-coast and we're delighted to strengthen our presence in these key regions," said Craig Keates, VenGrowth Executive Vice President, Sales & Marketing. "We have established a track record of exceptional service to investment advisors in the Ontario marketplace for over 12 years now. The recent overwhelming demand for innovative solutions from our retail structured investment product arm Criterion Investments has enabled us to expand VenGrowth's advisor partnerships across Canada."

Criterion Investments launched Canada's first family of global currency-hedged funds in June 2006 and also introduced Canada's first actively-managed global water fund, Criterion Water Infrastructure Fund, in February this year.

About VenGrowth

Founded in 1982, VenGrowth is a manager and distributor of value-added investment alternatives designed to provide Canadians access to unique and specialized investment strategies. VenGrowth manages over $1 billion in assets on behalf of more than 200,000 individual investors as well as leading pension funds, banks, insurance companies and family foundations. Affiliate VenGrowth Private Equity Partners is a premier Canadian private equity firm with an accomplished team of investment managers. VenGrowth distributes its products through two complementary families of investment solutions: VenGrowth Funds and Criterion Investments. For more information, please visit www.vengrowth.com or contact your VenGrowth regional sales team at 1.877.789.7070.

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