Stanford Group Company Appoints Renowned Technical Analyst John Mendelson to Senior Vice President.

NEW YORK -- Will Offer Unique Industry and Sector Insights to Institutional Portfolio Managers, Extending Current Research Offering

Stanford Group Company today announced it has appointed John A. Mendelson, a nationally known technical analyst, as senior vice president to head a group focused on market analysis.

The Stanford Group Company will now provide industry and sector group rotation analysis in order to help portfolio managers focus on the changing dynamics within industries and sectors over the long term. The move further strengthens and complements Stanford Group Company's unique existing research capability that combines equity research with the policy insights of the Stanford Washington Research Group, the foremost policy research organization based in the nation's capital.

Earlier this year, Stanford Group announced the addition of the renamed Stanford Washington Research Group's policy perspectives to its rapidly growing fundamental research capabilities. Together with the Company's existing team of 28 equity analysts, Stanford Group is positioned to offer institutional clients a comprehensive and exceptional range of investment insights. Both fundamental and policy entities target growth sectors including Consumer, Energy, Financial Services, Healthcare, Media and Technology.

Danny Bogar, managing director, Stanford Group Holdings, said, "Bringing on board the renowned technical analyst John Mendelson and his team is yet another example of how Stanford is gaining access to the best Wall Street talent and building up a distinctive, world-class research capability at a time when other firms are scaling back. John's expert insights will be a real complement to our existing offering."

Rocky Stein, managing director, Stanford Group Company Institutional Division, said, "John Mendelson and his team's unique market insights will give money managers further long-term indicators of market dynamics in addition to the keen policy and equity analysis we already provide. This is yet another step in Stanford Group Company's commitment to providing its institutional clients with a truly differentiated offering and value-added information delivered in a timely and consistent manner."

John A. Mendelson, senior vice president, Stanford Group Company, commented, "At a time when many Wall Street firms are reducing their commitment to research, I'm thrilled to join Stanford Group Company, which is dedicated to aggressively building its research capabilities for the long term and investing in new service offerings. We have a real opportunity here to provide a unique combination of policy equity and rotational insights to money managers that they can't find anywhere else."

About John A. Mendelson

John A. Mendelson is a nationally known and respected technical analyst in the financial industry. Before joining Stanford Group Company, he served as managing director and head of market analysis for Leerink Swann & Company where he worked in the firm's Equity Research Department.

He previously served as vice president of market analysis with Schwab Capital Markets L.P. In that role, Mendelson worked with Schwab's Institutional Brokerage division, writing weekly and monthly in-depth market reports that highlighted emerging trends based on the technical factors he followed, as well as views on specific industry groups. Prior to Schwab, Mendelson worked as Head of Market Analysis for both Morgan Stanley ('78-'84) and Dean Witter ('84-'89).

Mendelson was a member of Institutional Investor magazine's "All-American Research team" for market timing, for 13 straight years, from '77-'89, and has appeared as a frequent guest on many television programs, including CNBC, Wall Street Week, The Today Show and BBC in London. He is often quoted by financial publications.

Mendelson graduated cum laude from Princeton University. He lectures extensively around the country on the subject of the stock market and has been a guest speaker at many educational institutions, including Wharton School of Business, University of Pennsylvania, Cambridge University and Princeton University.

Mendelson Brings Team with Deep Experience to Stanford Group Company

Stanford Group Company also announced that John Mendelson has brought a seasoned team of professionals with him to Stanford Group Company.

Scott B. Evans has joined the Company as a vice president. Prior to joining Stanford, Evans was a vice president of market analysis with the Leerink Swann & Companies and spent four years as an analyst with Charles Schwab's Capital Markets division. Mr. Evans received a bachelor's degree from Wittenberg University and holds a Certified Market Technician (CMT) designation.

Anita Rovere has also joined Stanford Group Company, working closely with the market analysis team on a broad range of activities. Rovere has worked directly with John Mendelson for more than 30 years, joining him at firms including Morgan Stanley, Dean Witter, Charles Schwab Capital Markets and Leerink Swann & Company.

About Stanford Group Company

Stanford Group Company (member NASD/SIPC) is a full-service wealth management, financial planning and financial services company offering an enhanced level of personal service for private individuals, companies, governments and institutional clients. The firm's rapidly growing Institutional Division, founded in response to clients' desire for quality research, offers highly differentiated, research-driven insights, as well as investment banking, merchant banking (through its affiliate Stanford Venture Capital Holdings, Inc.), and institutional sales and trading.

Stanford Group Company is a member of Houston-based Stanford Financial Group, a global network of affiliated financial companies headed by Chairman and CEO R. Allen Stanford. Although independent, the affiliated companies together provide coordinated wealth management through international private banking, asset management, investment advisory services, trust administration, commercial banking, real estate development and insurance for clients worldwide.